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Tech stocks suffered one of their worst weeks of the year as investors began demanding real returns from massive AI spending, not just promises of future payoff.
The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
Nasdaq futures fell Friday as tech stocks sold off again after reports that OpenAI may delay its IPO to next year, rattling AI-adjacent names.
Cape Verde drew 0-0 with Saudi Arabia to become the smallest nation ever to reach the World Cup knockout round, advancing on three consecutive draws.
A federal rule change lets insurers shift roof replacement costs to homeowners, forcing a choice between filing claims or paying out of pocket.
China Eastern Airlines filed plans to buy 25 Airbus A330neo jets at a catalogue price of $9.4 billion, disclosed via the Shanghai Stock Exchange.
The BIS flags rising public debt, financial fragilities, and AI investment sustainability as compounding global risks demanding disciplined policymaking.
China Eastern Airlines filed plans to buy 25 Airbus A330neo jets at a catalogue price of $9.4 billion, disclosed via the Shanghai Stock Exchange.
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Tech stocks suffered one of their worst weeks of the year as investors began demanding real returns from massive AI spending, not just promises of future payoff.
A new AP-NORC poll finds most Americans face daily scam attempts, and about 3 in 10 have lost money or personal data to fraud.
Iran’s World Cup hotel in Tijuana is barricaded and guarded by police and Mexico’s National Guard, raising questions about cost and economic impact.
Finance
Nasdaq futures fell Friday as tech stocks sold off again after reports that OpenAI may delay its IPO to next year, rattling AI-adjacent names.
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Jay Woods of Freedom Capital Markets breaks down bull market health, rising margin debt risks, and Federal Reserve leadership uncertainty for investors.
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A new proposal would cap Social Security benefits at $100,000 for couples, affecting over one million households and addressing the program’s looming funding shortfall.
