Tech giants commit billions to Indian AI as New Delhi pushes for superpower status

Tech giants commit billions to Indian AI as New Delhi pushes for superpower status

Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers — … Read more

Trump previewed weak GDP on Truth Social ahead of official data release

Trump previewed weak GDP on Truth Social ahead of official data release

U.S. President Donald Trump speaks at the Coosa Steel Corporation on Feb. 19, 2026 in Rome, Georgia. Chip Somodevilla | Getty Images Forty minutes before the federal government revealed that economic growth slowed sharply in the last quarter, President Donald Trump dropped a hint that the incoming data would be weaker. “The Democrat Shutdown cost … Read more

U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate ‘murky waters’

U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate ‘murky waters’

World leaders during the G7 Leaders’ Summit in Kananaskis, in Alberta, Canada, June 17, 2025. Amber Bracken |Reuters U.S. trading partners offered a cautious welcome to the U.S. Supreme Court’s decision Friday to strike down large parts of President Donald Trump’s flagship trade policy on global tariffs — but global trade bodies warned of lingering … Read more

Supreme Court Trump tariffs ruling could put U.S. on hook for $175 billion in refunds, estimate says

Supreme Court Trump tariffs ruling could put U.S. on hook for 5 billion in refunds, estimate says

U.S. President Donald Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025. Carlos Barria | Reuters The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled Friday in a 6-3 decision that tariffs unilaterally imposed by … Read more

Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal

Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal

US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no … Read more

The global bond market could be about to lose its ‘quiet stabilizer’ — and U.S. Treasurys are at the top of the exposure list

The global bond market could be about to lose its ‘quiet stabilizer’ — and U.S. Treasurys are at the top of the exposure list

Japan’s longstanding role as the global bond market’s “quiet stabilizer” may be about to shift — and U.S. Treasurys could be first to get caught up in the fallout. Japanese investors and institutions are among the biggest foreign holders of sovereign debt. At the end of 2024, they were the top overseas holder of U.S. … Read more

South Korea’s Kospi hits fresh record high for second straight session amid regional declines as U.S.-Iran tensions take hold

South Korea’s Kospi hits fresh record high for second straight session amid regional declines as U.S.-Iran tensions take hold

The Seoul city skyline early on December 16, 2020. (Photo by Ed JONES / AFP) (Photo by ED JONES/AFP via Getty Images) Ed Jones | Afp | Getty Images South Korea’s Kospi touched a record high for the second straight day on Friday, powered by a rally among insurance stocks and defense players. Samsung Life … Read more

What a Supreme Court tariff ruling may mean for your money

What a Supreme Court tariff ruling may mean for your money

The Supreme Court in Washington, Jan. 27, 2026. Al Drago | Bloomberg | Getty Images The Supreme Court may decide the fate of President Donald Trump’s tariff agenda as soon as Friday — and the ruling has implications for consumers’ wallets, according to economists. If the high court were to rule that certain tariffs are … Read more

Trump family says U.S. dollar needs an upgrade and they are the ones to do it

Trump family says U.S. dollar needs an upgrade and they are the ones to do it

Donald Trump Jr. , left, and Eric Trump speak on CNBC’s “Squawk on the Street,” Feb. 18, 2026. CNBC Since the dollar was created in 1792, U.S. presidents and their families have generally been content with the status quo of effectively giving the national government a monopoly on issuing currency and outlawing the use of … Read more

Russia’s Putin slams U.S. oil blockade on Cuba: ‘We do not accept anything like this’

Russia’s Putin slams U.S. oil blockade on Cuba: ‘We do not accept anything like this’

Russian President Vladimir Putin greets Cuban Foreign Minister Bruno Rodriguez Parrilla during their meeting at the Senate Palace of the Kremlin in Moscow on February 18, 2026. Pavel Bednyakov | Afp | Getty Images Russian President Vladimir Putin has sharply criticized the Trump administration’s fuel blockade on Cuba, saying Moscow considers the latest restrictions unacceptable. … Read more