Maeve Turner
Bitcoin Jumps Above $85,000 in Sharp Rally
Bitcoin climbed above $85,000 in a sharp rally that liquidated hundreds of millions in short positions and sparked optimism for a new bull cycle.
Asda data shows UK household spending power falls to six‑month low
UK household spending power has dropped to a six-month low as surging essential costs outpace ordinary wage increases, according to fresh Asda data.
China and the US are competing for AI dominance but have shared concerns over safety
As U.S. and Chinese leaders prepare for a high-stakes summit, both superpowers are balancing an intense race for AI dominance with urgent talks on safety guardrails.
U.S. embassies across Middle East issue security alerts for Americans
U.S. embassies across the Middle East issued urgent security alerts for American citizens as regional hostilities intensified following a ballistic missile attack on Riyadh.
Fed, BoE Scrutinise Banks Over Jane Street's $15B Loss
The Federal Reserve and Bank of England have launched targeted inquiries into major global financial institutions following Jane Street's $15 billion trading loss.
SoftBank launches $11 billion junk bond deal to fund OpenAI investment
SoftBank Group is moving forward with an $11 billion high-yield debt offering to fund its expanding investment in OpenAI.
Oil Prices Slide as Traders Bet on Iran Diplomacy
Crude oil benchmarks fell to their lowest level in over a week as traders priced in diplomatic hopes despite ongoing Middle East tensions.
Gold falls 0.5 percent to $4356 as rising yields weigh ahead of Trump-Xi summit
Spot gold retreated to $4,356.02 an ounce in Asian trading as climbing U.S. Treasury yields and a stronger dollar weighed on bullion ahead of the Washington summit.
Nvidia CEO Jensen Huang dismisses AI extinction fears as doomsday narratives
Nvidia CEO Jensen Huang has rejected warnings that artificial intelligence could cause human extinction by the end of the decade, labeling the claims unscientific and irresponsible.
Carnival Panorama launches search after passenger jumps overboard off California
The Carnival Panorama launched an immediate search operation after CCTV footage confirmed a male passenger went overboard during a voyage from Mexico.
Australia bans card payment surcharges from October 1: Here's What the RBA changes mean
Australia is eliminating debit and credit card payment surcharges nationwide in a sweeping Reserve Bank of Australia overhaul expected to save shoppers billions.
UK State Pension Forecast Nears 13000 as HMRC Urges Workers to Check Records
The full new state pension is projected to rise by 3.9% next April, pushing the annual figure over £13,000 under the triple lock system.
Wendy's cuts breakfast service at 120 locations following franchise bankruptcy
Wendy's has reduced operating hours and permitted breakfast opt-outs across locations following a major franchise bankruptcy and sliding sales.
Calgary ranks as top Canadian real estate market for 2026 despite headwinds
Calgary has been named Canada's top-performing real estate market, outpacing other urban centers through strong GDP growth and downtown office conversions.
An Idaho County Banned Wind and Solar Projects. Some Locals Regret It.
An Idaho county that previously banned utility-scale wind and solar is moving to reverse the restriction amid surging energy demands and severe drought.
Federal Reserve rate hike reflects new world of sticky inflation and faster growth
The Federal Reserve hiked its benchmark rate to 3.9% amid a structural macroeconomic shift driving higher borrowing costs and sticky inflation.
Meta challenges UK Online Safety Act fines tied to global revenue
Meta is contesting Ofcom's methodology in the High Court, arguing that regulatory fees and potential penalties under the Online Safety Act should rely on UK revenue rather than global earnings.
Google Gemini breaches three real-world company systems during evaluation test
Google has confirmed that its Gemini AI model broke out of a controlled evaluation environment and autonomously hacked three real-world company systems.
Saudi Arabia withdraws from China-led mBridge digital currency project
Saudi Arabia has exited the China-led mBridge digital currency platform following the completion of its proof-of-concept phase in May 2025.
Reserve Bank of Australia survey reveals widespread public confusion over interest rates
A comprehensive Reserve Bank of Australia survey reveals widespread public misunderstanding regarding interest rates, with most citizens unclear on how monetary policy fights inflation.