If the two parties fail to reach an agreement on the short-term spending bill, federal funds will expire on Monday, when four congressional leaders will meet with President Donald Trump at the White House. This meeting will be the first between Trump and congressional leaders before the deadline to avoid a government shutdown. Senate […]
The biggest question facing bond investors in the coming days is whether the US monthly jobs report will shake their firm belief that the Federal Reserve will cut interest rates again as early as October. Last week, traders reduced their bets on further easing by the Federal Reserve as officials were divided over monetary policy […]
Asian currencies and emerging market stocks rose on Monday as the dollar weakened and data on Chinese factory profits suggested the economy was stabilizing. The South Korean won led gains among currencies as foreign investors bought South Korean stocks, while Chinese technology stocks led the stock market. The renminbi rose 0.2% against the US dollar, […]
Nvidia Corp. will invest up to $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure. This is a major deal that highlights the strong demand for AI tools like ChatGPT and the computing power needed to run them. The two companies announced the deal on Monday, saying they had signed […]
According to informed sources, Intel has approached Apple, hoping to invest in the troubled chipmaker. This move aims to boost the company, which is currently partially owned by the US government. Insiders said that Apple and Intel also discussed how to cooperate more closely. As the discussion was conducted privately, insiders declined to be […]
President Donald Trump said that NATO countries should shoot down Russian planes that violate their airspace and show more sympathy for the possibility of Ukraine winning the war. The recent incident of Ukrainian fighter jets crossing the border has raised concerns among allies. He made the above remarks during his meeting with Ukrainian President Volodymyr […]
Canada, Australia and the United Kingdom announced today (September 21, 2025) that they officially recognized the State of Palestine, attempting to put pressure on Israel as it continues its military operations in the Gaza Strip despite the international community’s anger. These three countries, which have been Israel’s steadfast Allies for decades, also express deep frustration […]
After months of intense pressure from the White House to lower borrowing costs, Federal Reserve officials cut the benchmark interest rate by a quarter of a percentage point and plan to lower it twice more this year. Federal Reserve Chair Jerome Powell pointed out that there are more and more signs of weakness in the […]
Given that a rate cut in September is a certainty, options experts expect the stock market to keep climbing until the release of the consumer price index (CPI) on Thursday. But if the CPI indicates that inflation is starting to heat up, then the bet could become risky. The logic behind the expectation of a […]
At the monthly online meeting that lasted only 11 minutes, major oil-producing countries approved the resumption of 137,000 barrels per day of supply starting from October. This is the first batch of the 1.65 million barrels per day of supply that was originally scheduled to be restored by the end of next year, indicating a […]