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Politics
Asian chip firms rallied Thursday following more blockbuster earnings from Nvidia that eased worries over the AI investment boom, though the euphoria was tempered by US data showing stubbornly high inflation.
August 27, 2026
RECENT NEWS
- Bond yields are surging: Here's why that could spell trouble
- Fed's Cook rejects Trump mortgage fraud claims
- Brazil sues Discord for $100 mn in child safety case
- US general visits Colombia to discuss war on drugs
Australian airline Qantas said Thursday it expects fuel costs to stay high, after the Middle East war pushed up prices and led to a slump in annual net profits.
August 27, 2026
RECENT NEWS
US Federal Reserve Chair Kevin Warsh will have to soothe investors frazzled by his cryptic communication style in a key speech on Friday, analysts say, or risk having his leadership undercut by other policymakers filling the void.
August 27, 2026
US Treasury Secretary Scott Bessent's controversial efforts to lower Treasury yields have potentially put him at odds with Federal Reserve Chair Kevin Warsh, complicating the latter's communications challenge this week.
August 27, 2026
From high in the hills around Las Vegas, tourist Choune Osterero gazes down at the line of chalky mineral deposits left on the rocks around Lake Mead as the level of America's largest reservoir has dropped over the last quarter of a century of drought.
August 27, 2026
Economy
Meta agreed to pay a coalition of US states as much as $16.7 billion and to impose sweeping new limits on how teenagers use Facebook and Instagram, according to a court filing on Wednesday that ends a landmark trial in California.
August 26, 2026
RECENT NEWS
AI juggernaut Nvidia on Wednesday reported quarterly revenue of $96.2 billion, more than double from a year earlier, as the world's most valuable company beat Wall Street expectations and forecast even stronger sales ahead.
August 26, 2026
Culture
Wednesday's historic settlement between Meta and dozens of US states could be just the start of a wave that will ripple across the social media industry, putting TikTok, YouTube and Snap under pressure to make similar changes to their apps for teens.
August 26, 2026
RECENT NEWS
Wall Street stocks finished lower Wednesday after US inflation came in steady but elevated as markets traded cautiously ahead of earnings from Nvidia and a widely anticipated Federal Reserve speech.
August 26, 2026
- NFL owners approve record Seahawks sale
- Savio scores on debut as Spurs set-up League Cup tie with Liverpool
- Brazil sues Discord over child safety measures, demands $100 mln in damages
- Savio scores on debut as Spurs advance in League Cup
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- Mbappe hits treble as Real Madrid thrash Real Sociedad
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