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Tue, Jun 23, 2026 12:39 AM All times are UTC

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Asian Currencies Stabilize as Dollar Holds Gains Amid Trade Tensions

Mar 13, 2025 09:16 am UTC| Economy

Asian currencies saw slight gains on Thursday after recent losses, but market sentiment remained cautious due to rising global trade tensions and fears of a U.S. recession. Meanwhile, the dollar steadied following a mild...

Oil Prices Dip Amid Recession Fears, Rising Supply, and Trade War Concerns

Mar 13, 2025 09:15 am UTC| Economy

Oil prices edged lower in Asian trading Thursday, easing after a recent rebound as concerns over a potential U.S. recession and increasing production weighed on sentiment. Brent crude futures slipped 0.2% to $70.83 per...

Trump Threatens New Tariffs as Global Trade Tensions Rise

Mar 13, 2025 03:44 am UTC| Economy Politics

Donald Trump escalated global trade tensions by threatening additional tariffs on European Union (EU) goods if the bloc follows through on its planned counter-tariffs. This comes after the U.S. imposed a 25% duty on steel...

Stocks Rally as Tech Rebounds Amid Cooling Inflation and Tariff Uncertainty

Mar 13, 2025 03:42 am UTC| Economy

The SP 500 climbed 0.4% Wednesday, buoyed by a tech sector rebound after softer-than-expected inflation data. The Nasdaq 100 jumped 1.2%, with NVIDIA (NASDAQ:NVDA) surging 8% as investors capitalized on the recent dip. The...

Asian Stocks Mixed as Trade Policy Uncertainty Roils Markets

Mar 12, 2025 12:19 pm UTC| Economy

Asian stocks showed a mixed performance on Wednesday as uncertainty surrounding U.S. President Donald Trumps trade policies unsettled global markets. Equities in Australia and Malaysia led losses, while South Korean shares...

Oil Prices Rebound Amid Tariff Worries and Supply Concerns

Mar 12, 2025 12:19 pm UTC| Economy

Oil prices edged higher in Asian trade Wednesday, recovering slightly after hitting three-year lows due to growing concerns over U.S. tariffs and slowing global economic growth. Market focus is now on OPECs monthly report,...

U.S. Recession Risk Rises to 40% Amid Economic Uncertainty

Mar 12, 2025 12:19 pm UTC| Economy

The probability of a U.S. recession this year has climbed to 40%, according to Bruce Kasman, J.P. Morgans chief global economist. Speaking in Singapore, Kasman expressed growing concerns over economic instability, marking...

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Economy

Wall Street Ends Mixed as Alphabet Slumps, Middle East Developments and Fed Outlook Weigh on Markets

U.S. stocks closed mixed on Monday as a sharp decline in Alphabet shares pressured the communication services sector, while investors closely monitored evolving developments in the Middle East and assessed the Federal...

Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low

Global oil prices extended their recent decline on Monday as optimism grew over ongoing U.S.-Iran peace negotiations and the reopening of the vital Strait of Hormuz. The easing of geopolitical tensions in the Middle East...

Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks

Japans financial authorities are maintaining uncertainty over potential currency intervention as the Japanese yen hovers near its weakest level in nearly four decades. Market participants are closely watching government...

Gold Prices Mixed as Stronger Dollar Offsets Safe-Haven Demand Amid U.S.-Iran Peace Talks

Gold prices delivered a mixed performance on Monday as a stronger U.S. dollar and shifting expectations for Federal Reserve policy counterbalanced support from geopolitical developments and ongoing market uncertainty. Spot...

US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments

The U.S. dollar climbed to its strongest level in more than a year on Monday as investors increased bets on tighter Federal Reserve policy, outweighing the impact of easing oil prices and diplomatic developments in the...

Politics

Russian Air Strikes Injure Six Across Ukraine as Kyiv Issues Air Raid Alert

At least six people were injured in a new wave of Russian air strikes across Ukraine overnight, according to local officials, as authorities in Kyiv issued an air raid alert early Tuesday and urged residents to seek...

Alan Greenspan: 7 Fascinating Facts About the Former Fed Chairman

Former Federal Reserve Chairman Alan Greenspan, who died Monday at the age of 100, left behind a remarkable legacy that extended far beyond economics and monetary policy. Known as one of the most influential figures in...

UNAIDS Urges U.S. to Reconsider South Africa HIV Funding Withdrawal

The head of UNAIDS, Winnie Byanyima, has urged the United States to reconsider its decision to withdraw HIV/AIDS funding for South Africa, warning that the move could put millions of vulnerable people at risk and...

US Waives Iran Sanctions for 60 Days as Peace Talks Advance and Lebanon Sees Calm

The United States has granted Iran a 60-day sanctions waiver following the first round of negotiations under a newly established peace agreement, signaling a potential breakthrough in efforts to ease tensions across the...

Rubio Gulf Tour Aims to Reassure Allies on Trump’s Iran Deal

U.S. Secretary of State Marco Rubio will visit the United Arab Emirates, Kuwait, and Bahrain from Tuesday through Thursday as the Trump administration seeks to strengthen support for its preliminary agreement with Iran...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Alphabet Stock Slides as AI Talent Exodus and SpaceX Losses Shake Investor Confidence

Alphabet (NASDAQ: GOOGL) shares plunged nearly 7% on Monday, marking one of the companys sharpest single-day declines in recent years as investors reacted to a combination of high-profile AI talent departures and weakness...

SpaceX Stock Plunges 16% as KeyBanc Warns Valuation May Be Overstretched

SpaceX shares tumbled more than 16% on Monday after investment firm KeyBanc initiated coverage with a cautious outlook, suggesting the aerospace giants valuation has become stretched following its strong post-IPO rally....

Trump’s Quantum Push Lifts IBM Stock as CEO Arvind Krishna Receives White House Praise

IBM shares surged in after-hours trading Monday after President Donald Trump publicly praised IBM CEO Arvind Krishna during a White House event focused on advancing U.S. quantum technology leadership. The endorsement...

Qualcomm Nears $4 Billion Acquisition of AI Chip Startup Modular

Qualcomm is reportedly in advanced negotiations to acquire AI chip startup Modular Inc. in a deal valued at approximately $4 billion, according to a Bloomberg News report citing sources familiar with the matter. If...

US-Iran De-Escalation Shifts Washington’s Focus to AI Regulation and Crypto Legislation

A potential easing of tensions between the United States and Iran is redirecting Washingtons attention toward major technology policy initiatives and executive actions, according to a new report from Wolfe Research. The...