Asian Markets Rally as U.S. Shutdown Nears End, Gold and Nasdaq Surge

Asian stocks climbed on Tuesday, supported by optimism that the U.S. government shutdown may soon end. The relief rally followed a strong overnight performance on Wall Street and a sharp jump in gold prices. Gold soared...

New Zealand Inflation Expectations Hold Steady as Rate Cut Anticipation Grows

New Zealands inflation outlook stayed steady in the fourth quarter, signaling stability in price expectations as anticipation builds for a potential rate cut from the Reserve Bank of New Zealand (RBNZ) later this month....

Trump Defends Tariffs and Promises $2,000 Payments to Middle- and Lower-Income Americans

U.S. President Donald Trump warned that the United States could face an economic and national security disaster if the Supreme Court overturns his use of emergency powers to impose tariffs on nearly every country. Speaking...

Yen Weakens as Markets Await U.S. Shutdown Deal; Risk Currencies Strengthen

The Japanese yen hovered near its weakest level in months on Tuesday as traders awaited progress on a U.S. government shutdown deal, while risk-sensitive currencies like the Australian and New Zealand dollars gained ground...

Trump Demands Air Traffic Controllers Return to Work Amid Shutdown Chaos

U.S. President Donald Trump on Monday demanded that air traffic controllers return to work as flight cancellations and delays continued to plague travelers during the prolonged government shutdown. The aviation system has...

Trump Pledges Support for Syria’s New Leader Ahmed al-Sharaa Amid Historic Washington Visit

U.S. President Donald Trump vowed to do everything to help rebuild Syria following landmark talks with Syrian President Ahmed al-Sharaa, the former rebel commander who ousted Bashar al-Assad. The visit marks the first time...

Trump Says U.S. Nearing Major Trade Deal with India to Boost Economic and Energy Ties

U.S. President Donald Trump announced that the United States is close to finalizing a new trade agreement with India aimed at strengthening economic and security relations between the two countries. The deal is expected to...

U.S. and Switzerland in Talks to Cut 39% Tariff on Swiss Exports

The United States and Switzerland are working toward a new trade agreement that could lower the steep 39% tariff currently imposed on Swiss exports to the U.S., President Donald Trump announced on Monday. While no specific...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

SpaceX’s Starship Completes 11th Test Flight, Paving Way for Moon and Mars Missions

SpaceX has successfully launched its 11th Starship rocket from Starbase, Texas, marking another milestone in Elon Musks ambitious plan to create a fully reusable spacecraft for missions to the Moon and Mars. The test...

FDA Adds Fatal Risk Warning to J&J and Legend Biotech’s Carvykti Cancer Therapy

The U.S. Food and Drug Administration (FDA) has updated the safety labeling for Carvykti, the multiple myeloma therapy developed by Johnson Johnson and Legend Biotech, to include a warning about a rare but potentially...

Trump Signs Executive Order to Boost AI Research in Childhood Cancer

U.S. President Donald Trump has signed an executive order aimed at expanding the use of artificial intelligence (AI) in pediatric cancer research. The order provides an additional $50 million in research grants to...

OpenAI Hires Intel’s AI Chief Sachin Katti to Strengthen AGI Compute Infrastructure

OpenAI has hired Intels Chief Technology and Artificial Intelligence Officer, Sachin Katti, to lead its compute infrastructure division. Katti announced his departure from Intel in a post on X (formerly Twitter),...

CoreWeave Lowers 2025 Revenue Forecast Amid Data Center Delay Despite Strong AI Cloud Demand

Nvidia-backed CoreWeave has revised its annual revenue outlook downward, citing delays from a third-party data center partner. Despite posting a robust third-quarter performance, the companys shares slipped more than 6% in...

Intel Appoints CEO Lip-Bu Tan to Lead AI Strategy After CTO Sachin Katti Joins OpenAI

Intel announced that CEO Lip-Bu Tan will now oversee the companys artificial intelligence initiatives following the departure of its Chief Technology Officer, Sachin Katti, who has joined OpenAI. Katti, who had led Intels...

Rumble to Acquire Northern Data in $767 Million All-Stock Deal to Boost AI and Data Center Capabilities

Rumble Inc. (NASDAQ: RUM) announced plans to acquire German data center operator Northern Data AG (F: NB2) in an all-stock deal valued at approximately $767 million. The acquisition aims to expand Rumbles infrastructure...