Iran War Sends Oil Prices Surging Past $100 as Hormuz Crisis Deepens

Global oil markets continued their dramatic climb on Friday, with Brent crude settling at $103.69 per barrel a 3.2% daily gain while West Texas Intermediate rose 3.7% to close at $99.31. The surge marks a staggering 43%...

U.S. Stocks Slide as Iran War Fuels Oil Price Volatility and Market Uncertainty

U.S. stocks closed lower on Friday, wrapping up a turbulent week as surging crude oil prices rattled equity markets. All three major indexes the Dow Jones, SP 500, and Nasdaq posted both daily and weekly losses, while...

Asian Currencies Tumble as Indian Rupee Hits Record Low Amid Oil Market Turmoil

Asian currencies came under broad pressure Friday, with the Indian rupee sliding to a historic low as global markets grappled with escalating energy disruptions tied to the U.S.-Israel conflict with Iran. The selloff...

Dollar Surges to Three-Month High Amid Iran War Crisis and Energy Shock

The U.S. dollar climbed to its strongest level in over three months on Friday, marking its second consecutive weekly gain since the outbreak of war with Iran. As global markets buckled under geopolitical pressure, the...

U.S. Pulls Back Proposed AI Chip Export Rule Amid Policy Uncertainty

The Trump administration has withdrawn a proposed rule that would have reshaped how artificial intelligence chips are exported to countries around the world. The U.S. Department of Commerce quietly removed the draft...

Jerome Powell May Stay on Fed Board Amid Criminal Investigation, Court Documents Reveal

Federal Reserve Chair Jerome Powell could break with decades of tradition by remaining on the Feds Board of Governors after his chairmanship concludes in May, according to newly unsealed court documents. His attorneys...

Federal Reserve Hires Robert Hur to Fight DOJ Subpoenas Targeting Jerome Powell

The Federal Reserve Board has retained Robert Hur, the former special counsel known for investigating President Joe Bidens classified document handling, to defend Fed Chair Jerome Powell against a Justice Department...

Trump Administration to Receive $10 Billion from TikTok Deal

The Trump administration is poised to collect approximately $10 billion in fees stemming from the recently finalized agreement that transferred operational control of TikToks U.S. business to a majority American-owned...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

ByteDance Expands AI Cloud Infrastructure Using NVIDIA Blackwell Chips in Southeast Asia

ByteDance, the Chinese tech giant behind TikTok, is reportedly building advanced cloud infrastructure powered by NVIDIAs latest Blackwell chips outside of China. According to a Wall Street Journal report, the company is...

X Agrees to Overhaul Blue Checkmark System in EU After €120 Million DSA Fine

Elon Musks social media platform X is set to revamp its verification system across the European Union after agreeing to submit remedies in response to a 120 million fine, Bloomberg News reported. The move comes after EU...

Meta Delays 'Avocado' AI Model Release After Falling Short of Rivals

Meta Platforms is pushing back the launch of a highly anticipated artificial intelligence model after internal testing revealed it couldnt keep pace with competing systems from Google and other leading tech companies. The...

Stryker Cyberattack Disrupts Operations Amid Iran-Linked Hacking Claims

Medical device giant Stryker confirmed Thursday that a cyberattack is causing significant disruption across its global operations, affecting its ability to process orders, manufacture products, and fulfill customer...