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ECB Raises Interest Rate to 2.50% as Energy Prices Fuel Inflation
The European Central Bank (ECB) raised interest rates Thursday to combat inflation fueled by surging energy prices associated with the war involving Iran.

By The Financial District
8 minutes ago1 min read


U.S. Stocks Fall as Oil Tops $100, Inflation Fuels Rate-Hike Fears
US stocks fell Thursday as oil prices remained above $100 a barrel and traders reacted to an acceleration in US wholesale inflation driven partly by higher energy costs.

By The Financial District
15 minutes ago1 min read


U.S. Agencies Accuse Chinese AI Firms of Industrial-Scale Model Distillation
US security agencies have accused six China-based artificial intelligence companies of conducting industrial-scale knowledge-distillation campaigns targeting the proprietary capabilities of US frontier AI models.

By The Financial District
46 minutes ago2 min read


Anthropic Researcher Resigns, Warns AI Race Is "Gambling With Our Lives"
An artificial intelligence researcher has resigned from Anthropic and publicly criticized the company's race with OpenAI to develop increasingly powerful AI systems, warning that the industry could be moving too quickly toward self-improving artificial intelligence.

By The Financial District
54 minutes ago2 min read


Medicaid Cuts Put More Pressure on 700 Rural Hospitals Already at Risk
US employers are preparing for another significant increase in healthcare costs, while changes to Medicaid under President Donald Trump's 2025 budget reconciliation law are expected to put additional financial pressure on healthcare providers.

By The Financial District
1 hour ago2 min read


Mamdani to Attend 9/11 Commemoration Despite Opposition From Critics, Victim Families
New York City Mayor Zohran Mamdani has confirmed that he will attend the city's 25th-anniversary commemoration of the September 11, 2001, terrorist attacks despite criticism from Republican politicians and some relatives of the victims.

By The Financial District
1 hour ago2 min read


Trump Approval Falls to 33% in Financial Times-Focaldata Poll
President Donald Trump's approval rating has fallen to 33% in a Financial Times/Focaldata poll, the lowest level recorded in the survey series since it began asking the question in May.

By The Financial District
1 hour ago2 min read


U.S. Treasury Triples Long-Dated Bond Buyback to $6 Billion
The US Treasury will purchase up to $6 billion of longer-dated government debt in its latest buyback operation, tripling the size of the previous planned operation as Treasury yields remain elevated.

By The Financial District
2 hours ago2 min read


Mississippi Healthcare Business Owner Sentenced to Five Years for Medicaid Fraud
A former Mississippi healthcare business owner has been sentenced to five years in prison after pleading guilty to wire fraud in a Medicaid fraud case involving millions of dollars in fraudulent claims.

By The Financial District
3 hours ago1 min read


Iceland Summons US Ambassador Over Trump Map Showing Country Under U.S. Flag
Iceland has summoned the US ambassador after President Donald Trump shared a map on social media depicting Iceland and several other countries under the American flag.

By The Financial District
3 hours ago1 min read


Apple Unveils $1,999 Foldable iPhone as John Ternus Takes the Helm
Apple has entered the foldable smartphone market with the launch of the iPhone Duo, unveiled, in CEO John Ternus' first major product event since succeeding Tim Cook.

By The Financial District
3 hours ago1 min read


Structural Forces Push Bond Markets Higher as Yields Raise Global Risks
Global bond markets are under pressure as persistent inflation, rising government debt and other structural forces push interest rates higher, raising concerns for economies and asset prices.

By The Financial District
3 hours ago2 min read


Japan Tests Lightweight Paper-and-Plastic Wine Bottle as Alternative to Glass
The Institute of Enology and Viticulture at the University of Yamanashi and its partners are testing a paper-and-plastic wine bottle as a potential lower-impact alternative to conventional glass packaging.

By The Financial District
1 day ago2 min read


:Iranian Official Warns of “Dark Months” for US Economy as Tensions Escalate
Iranian First Vice President Mohammad Reza Aref has warned that “dark months” could lie ahead for the US economy and urged Americans to consider stockpiling gasoline and other fuel as Tehran threatens an asymmetric response to US military action.

By The Financial District
1 day ago1 min read


Japan Plans Tougher Monitoring of Major Banks’ Overseas Operations
Japan's financial watchdog plans to strengthen monitoring of the overseas operations of major financial institutions.

By The Financial District
1 day ago1 min read


Osaka Customs Reports Record First-Half Seizures of Counterfeit Goods
Osaka Customs reported 6,546 cases of imports stopped for suspected intellectual-property violations in the first half of 2026, about 1.2 times the level recorded a year earlier and the highest number for a first-half period.

By The Financial District
1 day ago1 min read


Vape Distributor Under New York Pressure Pays Roger Stone $300,000 to Lobby White House
Roger Stone, a longtime adviser to President Donald Trump, has been paid at least $300,000 by Ecto World, a Buffalo-area vape distributor that operates as Demand Vape, for lobbying related to federal regulation of e-cigarettes and related products.

By The Financial District
1 day ago2 min read


Trump’s AI Data Center Push May Worsen GOP Midterm Risks
President Donald Trump’s strong support for artificial intelligence data centers is putting him at odds with voters who increasingly oppose having the facilities built in their communities.

By The Financial District
1 day ago2 min read


PSE Index Rises 0.17% in Volatile Trade as Services, Mining Stocks Gain
The Philippine Stock Exchange (PSE) index posted another modest gain on Wednesday after a volatile session, rising 10.54 points, or 0.17 percent, to 6,116.53.

By The Financial District
2 days ago2 min read


U.S. Debt Tops $40 Trillion as Interest Burden Reaches Record Share of Revenue
The US national debt has surpassed $40 trillion, while the federal government's net interest burden has reached a record share of revenue, highlighting the growing cost of servicing the country's debt.

By The Financial District
2 days ago2 min read


2025 Kamchatka Megaquake May Have Triggered Volcano’s First Eruption in Centuries
For centuries, Krasheninnikov volcano on Russia’s Kamchatka Peninsula showed no known signs of an eruption. Then, days after a powerful earthquake struck offshore in July 2025, the volcano erupted.

By The Financial District
2 days ago2 min read


AI Boom Drives Memory Costs Higher as Tim Cook Warns of “100-Year Flood”
The artificial intelligence boom is driving sharply higher demand for memory and storage components, creating cost pressures for consumer electronics companies and prompting Apple to raise prices on some products.

By The Financial District
2 days ago2 min read


August Jobs Surge Gets Boost From Restaurants, Education and Seasonal Factors
US employers added 162,000 jobs in August, nearly triple the roughly 55,000 increase economists had expected, but much of the unexpectedly strong gain came from two sectors affected by seasonal factors and the FIFA World Cup.

By The Financial District
2 days ago1 min read


Nine Senate Races Could Decide Control of US Chamber in 2026
The battle for control of the US Senate is increasingly focused on nine competitive races that could determine whether Democrats regain the majority in the Nov. 3 midterm elections.

By The Financial District
2 days ago2 min read
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