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Google services go dark in Eastern Europe, with Balkans and Black Sea hit hardest
Google services were affected in Eastern Europe, with the outage starting at 08:10 GMT. The Balkans, Turkey, and Georgia had the most widespread outages. Google services went down in parts of Europe, ...
China doubles down on practical AI as America spends billions and burns energy
America is throwing billions of dollars and burning through massive energy reserves in an arms race to dominate artificial intelligence before China gets there first. The goal for Washington is to bui...
Nasdaq raises listing standards for Chinese companies entering U.S. markets
Nasdaq announced plans on Thursday to revise its listing rules in a bid to solidify its commitment to capital investment. The initiative also aims at ensuring investor protection while maintaining mar...
Asia markets mixed, China stocks lag on regulatory jitters; U.S. futures steady
Asia stock trade mixed on Thursday, following Wall Street's mixed performance on rising hopes that the Federal Reserve will cut interest rates this month. China's markets, however, lagged behind, with...
Apple avoided Trump's tariffs through a $100 billion U.S. investment and direct talks with the White House
Apple managed to keep Trump’s tariffs off its back, but the cost is still coming, and this time it’s landing directly on customers. According to the briefing document obtained, CEO Tim Cook offered Pr...
Former Treasury Secretary warns investors may be underestimating risks to Federal Reserve’s independence
Former Treasury Secretary Lawrence Summers warned that investors may be underestimating risks to the Federal Reserve’s independence, saying calm conditions could change fast. “We’re on the foothills o...
U.S. records lower-than-expected 7.18M job openings in July
U.S. jobs data released Wednesday showed a weakening U.S. labor market. The Job Openings and Labor Turnover Survey (JOLTS) report showed 7.18 million job openings in July. The JOLTS report also came i...
Gold has gained 37% year-to-date, nearly four times the S&P 500’s return despite a strong rally
Gold is running laps around Wall Street’s finest. The S&P 500 has surged 1,650 points in under five months, one of the strongest runs in decades. But according to fresh numbers from Apollo, gold is up...
Trump claims anti-US conspiracy as Xi hosts Putin and Kim in Beijing showcase
Donald Trump accused Xi Jinping of teaming up with Vladimir Putin and Kim Jong Un to quietly work against the United States. In a Truth Social post shared early Wednesday while China hosted its larges...
Fed is expected to cut rates by 25 basis points on September 17, but Treasury yields are rising instead of falling
Wall Street is pricing in a Fed rate cut in exactly 15 days, but the market isn’t celebrating. Traders are backing away from risk, and bond yields are doing the exact opposite of what the textbooks pr...
Crypto.com and Underdog are launching sports prediction markets in 16 U.S. states
Crypto.com and Underdog are launching sports prediction markets across 16 U.S. states where gambling on sports is still banned. They’re building a new system that dodges gaming regulators by not calli...
593 US economists warn that Trump’s attempt to fire Cook threatens the central bank’s independence
Nearly 600 economists have declared allegiance to Federal Reserve Governor Lisa Cook. They all signed an open letter on Tuesday, warning that President Donald Trump’s attempt to fire Cook threatens th...