Category: Business
US Treasury Yields Hit 2007 High as Bond Sell-Off Deepens Amid Oil and Rate Concerns
Global bond markets came under heavy pressure on Tuesday as rising oil prices and renewed expectations of higher interest rates pushed benchmark government bond yields […]
GM Steps Up U.S. Battery Plans as Trump Administration Targets Ford Over China Ties
General Motors is stepping up efforts to develop next-generation battery technology in the United States as the automaker looks to reduce its dependence on China […]
Nvidia Eyes Major Investment in Anthropic as AI Startup Targets Record-Breaking IPO
Nvidia is in talks to become a major investor in Anthropic’s planned initial public offering, potentially deepening the semiconductor giant’s relationship with one of the […]
Musk’s Boring Company Raises $3 Billion at $23 Billion Valuation as UAE Tunnel Plans Expand
The Boring Company, the tunnel construction startup founded by billionaire Elon Musk, has raised $3 billion in a new funding round that values the company […]
Apple Unveils iPhone 18 Pro With Powerful A20 Pro Chip as First Foldable iPhone Steals the Spotlight
Apple has unveiled its latest iPhone lineup, introducing the iPhone 18 Pro and iPhone 18 Pro Max alongside the company’s first-ever foldable smartphone, the iPhone […]
British Pound Faces Fresh Pressure as Global Rate Hikes Shift Currency Outlook
The British pound, one of the strongest-performing G10 currencies this year, is facing a new test as expectations for interest-rate increases elsewhere begin to put […]
Asia Markets Waver as Yen Surges and Iran Tensions Push Oil Higher
Asian stock markets struggled for direction on Tuesday as the Japanese yen surged to its strongest level in months and rising tensions involving Iran pushed […]
Anthropic’s Highly Anticipated IPO Moves Toward Mid-October
Artificial intelligence company Anthropic is expected to begin marketing its highly anticipated initial public offering in mid-October at the earliest, pushing its potential stock market […]
Global Bond Selloff Deepens as Inflation Fears and Rising Oil Prices Shake Markets
Global bond markets came under intense pressure on Wednesday as rising oil prices, persistent inflation concerns and growing government debt pushed borrowing costs higher across […]
Dollar Holds Near Two-Week High as Warsh Fuels Rate-Hike Bets, Yen Nears 160
The U.S. dollar remained close to a two-week high on Monday as investors increased their expectations for another Federal Reserve interest-rate hike following hawkish comments […]
