Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.
US stocks and bonds rallied after July's moderate inflation reading reduced expectations for near-term Federal Reserve rate increases, with the S&P 500 near all-time highs despite geopolitical risks.
U.S. consumer prices rose 3.4% year-over-year in July, marking a slowdown from prior months. The moderation in gasoline and grocery costs reduces pressure on the Federal Reserve to raise interest rates in September.
Former Chinese Premier Zhu Rongji, who led China's entry into the WTO and spearheaded economic reforms that transformed it into a manufacturing powerhouse, has died at 97.
NASA engineers remotely updated Voyager 2's software from 13 billion miles away, extending the 49-year-old probe's operational lifespan by two additional years through power optimization.
Japanese indie game Meccha Chameleon has sold 20 million copies in two months, becoming one of the five fastest-selling games ever despite security concerns and Steam ranking drops.
Zhu Rongji, former Chinese premier who negotiated China's WTO entry and spearheaded market reforms, has died at 97. His tenure transformed China's state-directed economy into a global economic powerhouse.
Dados de inflação americana e resultados do Banco do Brasil dominam as atenções do mercado financeiro. Ibovespa sobe em dólar enquanto dólar avança a R$ 5,17 ante perspectivas do Fed.
New EU packaging regulations banning high PFAS levels take effect Wednesday, targeting waste and health risks. Small businesses cite excessive costs and administrative burden, with some halting EU shipments.
The dollar gained strength as markets await US inflation data that could signal the Federal Reserve's next policy moves. Investors are closely monitoring the figures for clues on interest rate decisions.
CoreWeave narrowed Q2 losses while revenue doubled year-over-year, driven by surging demand for AI computing infrastructure. Stock gained 8-14% on the earnings results.
Young people from 11 African nations at a Kampala summit identified insecurity and unemployment as critical barriers to growth, calling for increased investment in peace-building and inclusive economic opportunities.
Multiple New Zealand schools have banned Woolworths' Disney Ooshies collectibles from classrooms after the popular giveaway items caused trading disputes, lost items, and learning distractions among students.
Australia has implemented minimum pay and insurance requirements for gig delivery workers, positioning itself as a global leader in gig economy regulation and worker protections.
A historic U.S.-Japan intervention to support the yen has lost half its gains in two weeks as fundamental yield differentials continue driving capital toward dollar assets, highlighting limits of short-term policy coordination.
HKEX is releasing a discussion paper on extending stock market trading hours to attract global investors, marking the first potential change to market opening times in 14 years despite broker concerns.
Rising boomer wealth from stock gains and home appreciation is driving early retirements and increased travel spending, positioning luxury cruise operator Viking Holdings as a beneficiary of this demographic shift.
A Bank of New York Mellon strategist created the Katsu Curry Index to measure yen weakness, suggesting the currency is significantly undervalued compared to purchasing power parity calculations using Japanese curry prices.
Eclipse solar no Hemisfério Norte mobiliza cientistas para estudar reações de animais e plantas, testar novos instrumentos de observação solar e aprofundar conhecimento sobre ventos e atividade solar.
S-Game announced an August 17 State of Play presentation for Phantom Blade Zero featuring combat system deep dives, new story details, and character reveals. Martial arts legend Donnie Yen contributes motion capture and action consulting.
Chinese e-commerce giant JD.com established a Korean business entity to directly purchase and sell Korean consumer goods in China, with initial deals worth $1.5 million signed during a government-backed briefing.
RIKEN researchers created a peptide-based hydrogel with organized nanofiber structure and electrical polarization properties, enabling self-healing and potential biomedical applications like smart drug delivery and artificial muscles.
Indian markets expected to open flat with positive bias on August 12 amid multiple corporate earnings reports, L&T's ₹1,400 crore data centre business transfer, and rising crude oil prices from Middle East supply concerns.
Oil and gold prices are rising as geopolitical tensions escalate ahead of key inflation data release. Markets are responding to heightened global uncertainty.
Japan's major carriers JAL and ANA are reducing fuel surcharges on international flights to ¥50,000-¥55,000 in September-October, down from record ¥65,000 in July-August, reflecting falling aviation fuel prices.
