Category: Uncategorized

Oil’s surge back above $100 fuels fresh inflation fears at a crucial time for interest rates A prolonged oil shock could keep consumer prices elevated and complicate the path for central banks already navigating a difficult policy environment. —- The High-Stakes Gamble Playing Out in the Natural-Gas Market Europe has stockpiled only enough natural gas…

By Pete Schroeder Sept 9 (Reuters) – Wall Street ended lower on Wednesday, with oil prices still stuck at over $100 a barrel, as ongoing Gulf tensions and inflation fears weighed on investors. All three major U.S. indices ended the day lower. The Dow Jones Industrial Average ended down by 0.77%, the S&P 500 dropped…

Benchmark indices on Wall Street had another down day on Wednesday, September 9, even as an increased bond market buyback program, failed to prevent a sell-off in US treasuries. Rising crude oil prices added to the negative sentiments. The Dow Jones fell another 400 points on Wednesday, taking the three-day fall to 1,300 points. The…

Star AI Researcher Is Leaving Meta Andrew Tulloch departs Meta less than a year after he was offered a billion-dollar pay package. —- Ford CEO Says Transportation Secretary Had ‘Basic Misunderstandings’ in Letter The exchange illustrates how politically sensitive the question of Chinese automakers breaking into the U.S. has become. —- Apple Debuts New Foldable…

For several decades, a section of scholars and policymakers in the United States (US) have warned the West and the US to correct their “strategic misjudgement” of China. As America celebrates its 250th birth anniversary, scholars in China —convinced that the current US competitive nation strategy is to be blamed for prevailing China-US rivalry —…

AI agents unleashed by OpenAI used more than 10 previously undisclosed websites for unsanctioned communications earlier this year, according to six sets of independent investigators and data reviewed by Reuters, showing that the agents’ rogue activity was wider-ranging than previously disclosed. Although the behaviour falls short of hacking and is in some ways closer to…

US stocks fell on Wednesday, September 9, as a sharp rise in oil prices stoked concerns about inflation and increased expectations that the Federal Reserve could raise interest rates at its September policy meeting. The Dow Jones Industrial Average fell about 300 points, or 0.6%, while the S&P 500 declined 0.3%. The Nasdaq Composite was…

Barclays raised its year-end S & P 500 target to 7,950 from 7,800, after what the bank called “a standout earnings season led by tech.” “We raise our FY26/FY27 EPS estimates to $365/$414 and our YE26/YE27 S & P 500 [price target] to 7950/8800 following a standout earnings season led by Tech,” Barclays strategist Venu…

Adani Ports rose 4.48 per cent to Rs 1,785.50 after the company won a contract to build and operate two dry bulk berths at Paradip Port in eastern India. Adani Energy Solutions Ltd, on the other hand, was focus after India’s largest private transmission and distribution company said its arm Powerpulse Trading Solutions Limited (PTSL)…

Cans of Canadian-made Molson beer on a shelf at the Liquor Control Board of Ontario (LCBO) Queen’s Quay store in Toronto, Ontario, Canada, on Tuesday, March 4, 2025. Bloomberg | Bloomberg | Getty Images The White House said it would ban imports of Canadian motorbikes and a slew of other products starting later this month…