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Russia Clearly Nervous As Putin Faces Economic Challenges
Russian President Vladimir Putin spoke on the economy during the plenary session of the 28th Saint Petersburg International Economic Forum (SPIEF 2025) in Saint Petersburg.

By The Financial District
Jun 261 min read


U.S. Stocks Approach All-Time High As Oil Prices Tumble
U.S. stocks surged, closing in on record highs as oil prices dropped further amid optimism that a ceasefire between Israel and Iran will help preserve global crude supplies.

By The Financial District
Jun 261 min read


PSE Index Up In Thin Trade
The Philippine Stock Exchange (PSE) index rose in thin trade Wednesday, closing at 6,325.64 points—up by 32.89 points or 0.52 percent—as...

By The Financial District
Jun 262 min read


Investors Agonize Over Impact Of Direct U.S. Role In War vs. Iran
Investors are mulling a host of different market scenarios should the U.S. deepen its involvement in the Middle East conflict, with the potential for ripple effects if energy prices skyrocket.

By The Financial District
Jun 252 min read


Nissan's All-New 2026 LEAF EV Comes At Critical Time For Automaker
Nissan has unveiled the all-new 2026 LEAF EV, marking a major update to one of America’s original mainstream electric vehicles.

By The Financial District
Jun 251 min read


FedEx Founder And Executive Chairman Frederick Smith Dies
FedEx Corp. founder and former CEO Frederick Smith, who built a global logistics empire starting with just over a dozen planes in the 1970s, has died.

By The Financial District
Jun 251 min read


Fed’s Barkin: No Rush To Cut, Can’t Dismiss Inflation Risks From Tariffs
Richmond Federal Reserve President Thomas Barkin said that there’s no rush to cut interest rates, given the still-unresolved risk that new import taxes might raise inflation, and with the U.S. job market and consumer spending holding up.

By The Financial District
Jun 252 min read


Musk’s xAI Lures Investors To $5-B Debt Deal
Elon Musk’s artificial intelligence (AI) startup xAI Corp. lured enough investors to its $5 billion debt deal by offering sweeter pricing.

By The Financial District
Jun 252 min read


Anthropic Says Most AI Models Aside From Claude Will Resort To Blackmail
Several weeks after Anthropic released research claiming that its Claude Opus 4 AI model resorted to blackmailing engineers who tried to turn the model off in controlled test scenarios, the company is out with new research suggesting the problem is more widespread among leading AI models.

By The Financial District
Jun 252 min read


Trump Says Gabbard’s Iran Assessment Is "Wrong"
President Trump said that his Director of National Intelligence, Tulsi Gabbard, was “wrong” when she testified in March that Iran was not building a nuclear weapon.

By The Financial District
Jun 251 min read


Billions Of Login Credentials Leaked Online: Cybernews
Researchers at cybersecurity outlet Cybernews report that billions of login credentials have been leaked and compiled into online datasets, giving criminals “unprecedented access” to accounts used daily by consumers.

By The Financial District
Jun 251 min read


Telegram Founder Leaves $14-B Fortune To His 100+ Children
Telegram founder Pavel Durov has revealed that the more than 100 children he’s fathered will inherit his fortune—including the six he’s officially acknowledged and at least 100 others born through his sperm bank donations.

By The Financial District
Jun 242 min read


PH E-Commerce Law And Liability Rules Now In Full Effect
The Internet Transactions Act of 2023 (ITA), officially known as Republic Act No. 11967 (RA 11967), is now in full effect across the country, covering all digital platforms, online merchants, and consumers.

By The Financial District
Jun 243 min read


U.S. Can End Israeli Attacks On Iran With Just One Call: CNN
Diplomacy with Iran can “easily” be restarted if US President Donald Trump orders Israel’s leadership to halt its strikes on Iran, Majid Farahani, an official with the Iranian presidency.

By The Financial District
Jun 241 min read


Apple Executives Held Internal Talks About Buying Perplexity
Apple executives have held internal discussions about potentially bidding for artificial intelligence (AI) startup Perplexity.

By The Financial District
Jun 241 min read


Hundreds Of VOA Reporters Fired As Trump Shuts Down Agency
Hundreds of journalists for Voice of America (VOA)—most of its remaining staff—have been fired by President Donald Trump’s administration, effectively shutting down the U.S.-funded news outlet.

By The Financial District
Jun 241 min read


Pope Leo Urges Diplomacy To Prevent "Irreparable Abyss"
Pope Leo XIV said the international community must strive to avoid a war that risks opening an “irreparable abyss,” and that diplomacy should take the place of conflict.

By The Financial District
Jun 241 min read


PSE Index Recovers On Hopes Of Peace
The Philippine Stock Exchange (PSE) index recovered Tuesday, closing 74.47 points, or 1.20 percent higher, on hopes for peace following a ceasefire brokered by U.S. President Trump and Qatar in the Iran-Israel war.

By The Financial District
Jun 242 min read


Trump Family Dumps 20% Of Stake In World Liberty Financial
The Trump family has reportedly reduced its stake in its flagship cryptocurrency venture, World Liberty Financial.

By The Financial District
Jun 241 min read


Markets Stay Steady As Investors Bet On De-Escalation
Markets have remained calm following the weekend’s U.S. airstrikes on Iran’s nuclear infrastructure, carried out in support of Israel.

By The Financial District
Jun 241 min read


Texas Instruments To Spend $60 Billion On U.S. Chip Plants
Texas Instruments, known to many for the TI-83 graphing calculator, has announced that it plans to invest over $60 billion in semiconductor manufacturing facilities across the U.S.

By The Financial District
Jun 241 min read


DOJ Seizes $225 Million In "Pig Butchering" Crypto Scam
The U.S. Department of Justice (DOJ) has requested court approval to seize $225 million tied to a so-called “pig butchering” cryptocurrency scam.

By The Financial District
Jun 241 min read


Microsoft Prepares to Lay Off Thousands of Workers
Microsoft is reportedly planning to cut “thousands of jobs” next month as the AI revolution continues to reshape the business world—including Microsoft itself.

By The Financial District
Jun 241 min read


Palantir Is Spearhead For Trump’s Surveillance State: Robert Reich
In Tolkien’s Lord of the Rings, a “palantir” is a seeing stone that can be used to distort truth and present selective visions of reality.

By The Financial District
Jun 242 min read
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