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US Treasury yields rose Friday after the US said its naval blockade of Iranian ports could continue indefinitely, adding a fresh layer of geopolitical risk to bond markets already digesting a week of inflation data. The yield on the 10-year Treasury note, the key …
President Trump suffered three significant Supreme Court losses this term, on tariffs, the Federal Reserve, and birthright citizenship, but has said none of the rulings will stand in the way of his broader agenda. The administration maintains it will fully comply with the court's …
Ukraine launched a large-scale drone and missile attack on the Russian Black Sea port city of Novorossiysk, damaging grain export terminals and striking several Russian naval vessels, according to regional officials and Ukraine's government. Regional governor Veniamin Kondratyev said three people were killed, including …
Average hourly earnings rose at an annual pace of 3.2% in July, below the current inflation rate of 3.4%, according to the latest jobs report. The gap means many US households are effectively losing ground as their paychecksFailto keep pace with rising prices, adding …
A candidate trailing by 22 points in pre-election polling won Wisconsin's Democratic gubernatorial primary by 0.5%, an outcome that has renewed scrutiny of polling methods less than three months before November's midterms. The result follows a comparable polling miss in Michigan's primary the previous …
The Japanese yen has erased about half its gains from a historic US-Japan currency intervention less than two weeks ago, trading at over 159 per dollar after strengthening to 155 in the days immediately following the action. The currency had weakened past 163 before …
A new study published in theJournalNature concludes that artificial intelligence's most significant energy impact may not come from the electricity consumed by data centers, but from how the technology improves the economics of oil-and-gas production. The researchers modeled the effects of AI-driven productivity gains …
China's homegrown C919 passenger jet completed its first scheduled international commercial flight, operating a new Air China route between Beijing and Ulaanbaatar, Mongolia. The flight marks the first time the narrow-body aircraft has flown beyond Chinese territory, with the route set to operate daily …
Databricks closed a $5 billion strategic funding round at a $190 billion valuation, a steep increase from the $134 billion valuation it carried after its December 2024 round. The company said it has crossed a $7 billion revenue run-rate in the second quarter of …
Flock Safety said it will add new safeguards to its AI-enabled surveillance camera systems to address potential abuse by law enforcement, following months of public backlash and vandalism targeting the company's technology. By the end of 2026, all law enforcement customers will be required …
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