S&P 500 and Dow Hit Records as Oil Falls on Hormuz Deal Hopes
Wall Street surged to its best day in months Tuesday, with the S&P 500 and Dow Jones Industrial Average both...
Amazon Raises AI Spending to $220B After AWS Posts Fastest Growth Since 2021
Amazon delivered a blowout second-quarter earnings report Thursday, beating Wall Street expectations on revenue and profit while announcing it would...
Fed Holds Rates Steady but Signals September Hike Is Likely
The Federal Reserve held its benchmark interest rate steady Wednesday, leaving it at approximately 3.6%, but signaled that a rate...
US Consumer Confidence Falls as Iran War Sends Gas Prices Higher
US consumer confidence declined in July as gas prices resumed their climb following renewed military escalation between the United States...
Fed Issues Rate Decision as Iran War Keeps Inflation and Oil Volatile
The Federal Reserve is set to announce its next interest rate decision Wednesday amid resurgent inflation driven by on-again, off-again...
US Bans Foreign Humanoid Robots Targeting China Over Security
The US Federal Communications Commission has banned imports of new foreign-made humanoid robots, quadruped robots, and power inverters, citing national...
Oil Prices Rise 3% Toward $94 as Iran War Keeps Markets on Edge
US stocks drifted in mixed trading Wednesday as oil prices climbed another 3%, raising fresh concerns about inflation and potential...
Xi Calls for Global AI Cooperation, Slams US Tech Restrictions
Chinese President Xi Jinping used the opening of the annual World Artificial Intelligence Conference in Shanghai on Friday to call...
US Oil Firms Sign $60B Iraq Deals to Build Hormuz Alternative Routes
American companies signed approximately $60 billion in agreements with the Iraqi government Friday, including major energy deals aimed at developing...
