news

The global economy is facing renewed challenges as conflict in the Middle East threatens to derail growth and slow the pace of disinflation, according to the International Monetary Fund. In its latest World Economic Outlook report, the IMF projects global growth will slow to 3.1% in 2026 before...

U.S. home sales dipped last month to their slowest pace in nine months, indicating a sluggish start to what is typically the busiest season for the housing market. A report from the National Association of Realtors (NAR) revealed that existing home sales fell 3.6% in March from February to an...

Treasury Secretary Scott Bessent urged the Federal Reserve to hold off on cutting interest rates for now, especially given the uncertainty surrounding the ongoing Iran war. Speaking in an interview on Monday with Semafor Editor-in-Chief Ben Smith, Bessent said the Fed is “doing the right...

Crude oil surged over 7% on Monday after President Donald Trump announced a blockade of all vessels entering and exiting Iranian ports after ceasefire talks with Iran ended without an agreement over the weekend—reviving fears of a major disruption to global energy supplies. Brent crude climbed to...

Some of Japan's biggest names, including SoftBank Corp (OTC:SFTBY), NEC Corp (OTC:NECPY), Honda Motor Co (OTC:HNDAF) and Sony Group Corp. (OTC:SNEJF) have established a new company focused on large-scale artificial intelligence for domestic businesses, according to a report seen on Sunday. Why It...

Economist Mohamed A. El-Erian highlighted escalating global risks stemming from a potential "blockade of the blockade" in the Strait of Hormuz, as tensions between the U.S. and Iran threaten to disrupt critical energy flows. On the Blockade of the Blockade:Who is at incremental risk from the US...

Brazilian stocks have been among the top performers in 2026, driven by a strengthening Brazilian Real. Karel Mercx, an investment specialist from Amsterdam, said on X, "I have been saying it for years: Brazil's central bank is the most responsible central bank in the world, and that is good for...

Some of Japan's biggest names, including SoftBank Corp (OTC:SFTBY), NEC Corp (OTC:NECPY), Honda Motor Co (OTC:HNDAF) and Sony Group Corp. (OTC:SNEJF) have established a new company focused on large-scale artificial intelligence for domestic businesses, according to a report seen on Sunday. Why It...

John Giamatteo, CEO & Director of BlackBerry Limited (NYSE:BB), speaking at the company’s fourth-quarter earnings conference on Thursday, said, "The turnaround is complete, and the BlackBerry story is now a growth story." He said, "QNX delivered another Rule of 40 quarter, rounding out a...

Seven & i Holdings Co Ltd (OTC:SVNDY) postponed the planned initial public offering of its U.S. convenience store business unit, 7-Eleven Inc., to fiscal 2027 from 2026 on Thursday. The news pushed Seven & i shares down by 2.55% on the Tokyo exchange at the time of writing. The postponement...

Former President Donald Trump has hinted at possible legal repercussions for Google, accusing the tech behemoth of meddling with the forthcoming election by skewing search results. What Happened: Trump has alleged that Google was intentionally showcasing negative stories about him while...

U.S. stocks traded higher midway through trading, with the S&P 500 gaining around 0.5% on Thursday. The Dow traded up 0.64% to 37,996.39 while the NASDAQ rose 0.41% to 15,747.36. The S&P 500 also rose, gaining, 0.46% to 5,045.07. Check This Out: IZEA Worldwide And 2 Other Stocks Under $3...

In a not-so-surprising turn of events, Meta Platforms Inc. (NASDAQ:META), the parent company of Facebook, has reportedly taken a decisive step that could mark the end of its longstanding association with the news industry.  What Happened: Meta had attempted to placate...

Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google is currently testing a product, internally known as “Genesis” that employs artificial intelligence technology to generate news stories. The tool is being pitched to news organizations including The New York Times, The Washington...

On Wednesday, Canada’s Transport Minister, Pablo Rodriguez, announced a plan to halt government advertising spending on Facebook and Instagram, platforms owned by Meta Platforms Inc. (NASDAQ:META). This move is expected to deprive the tech giant of significant advertising revenue. What...