Emerging markets and developing countries are grappling with rising debt and sluggish growth as global trade uncertainty spikes, warned World Bank Chief Economist Indermit Gill. Speaking during the IMF and World Bank...
Wall Street closed higher on Friday, lifted by technology shares, as optimism over a potential easing of U.S.-China trade tensions buoyed markets. Alphabet (NASDAQ:GOOGL) surged 1.7% after surpassing earnings expectations...
The U.S. dollar edged higher Friday, rebounding from earlier losses as markets reacted to mixed signals from President Donald Trump on trade talks and monetary policy. The greenback has swung sharply this week, falling 1%...
Asian stock markets mostly advanced on Friday, driven by a rally in tech shares after Alphabets strong earnings and bullish AI outlook. The U.S. tech giant beat earnings expectations and reaffirmed its commitment to...
Oil prices edged higher early Friday but remained on track for a weekly decline amid rising supply prospects and mixed signals on global demand. Brent crude futures rose 5 cents to $66.60 a barrel, while U.S. West Texas...
Canadian Prime Minister Mark Carney urged Israel to permit the UN World Food Programme (WFP) to deliver aid in Gaza, warning that food cannot be used as a political tool after the agency announced it had exhausted its...
President Donald Trumps nominee for NASA administrator, billionaire pilot Jared Isaacman, previously faced fraud charges and lawsuits over casino debts, according to court records. Isaacman, who founded Shift4 Payments and...
A federal judge in Boston sharply criticized the Trump administrations defense of its decision to terminate over 1,300 U.S. Department of Education employees, following legal challenges from Democratic-led states. U.S....
U.S. Treasury Secretary Scott Bessent expressed optimism after productive early-stage trade discussions with Japan and South Korea, according to a Treasury statement released Friday. Following a bilateral meeting in...
British Finance Minister Rachel Reeves met U.S. Treasury Secretary Scott Bessent on Friday to discuss advancing a UK-U.S. economic prosperity deal. The meeting, held at the IMFs gathering of global finance chiefs, comes as...
U.S. Health and Human Services Secretary Robert F. Kennedy Jr. announced a bold plan to identify the cause of autism by September 2025. Speaking at a cabinet meeting with President Donald Trump, Kennedy declared a global...
AstraZenecas drug Imfinzi (NASDAQ: AZN) has received U.S. approval to treat adult patients with muscle-invasive bladder cancer, a significant advancement in cancer therapy. The approval allows Imfinzi to be used in...
The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...
Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....
Ice cores in freezers, dinosaurs on display, fish in jars, birds in boxes, human remains and ancient artifacts from long gone civilizations that few people ever see museum collections are filled with all this and more....
Elon Musks artificial intelligence company, xAI Holdings, is reportedly in talks with investors to raise around $20 billion, according to Bloomberg News, citing sources familiar with the discussions. The funding round...
Intel (NASDAQ: INTC) is experiencing a rise in demand for its older-generation PC and server chips as the U.S.-China trade war intensifies, executives revealed after the companys latest earnings release. Economic...
Baidu (NASDAQ:BIDU) has launched upgraded versions of its Ernie artificial intelligence models, intensifying its push in Chinas fast-evolving AI landscape. At a developer conference held in Wuhan, CEO Robin Li introduced...
South Koreas Personal Information Protection Commission (PIPC) has accused Chinese AI startup DeepSeek of transferring personal user data and prompt content without consent during its app launch in January 2025. The PIPC...
Adobe (NASDAQ:ADBE) is expanding its Firefly generative AI service by integrating image-generation models from OpenAI and Google (NASDAQ:GOOGL), while also making the app available on mobile devices. This move...