Business
US stocks rise as Treasury move eases bond market pressure
US stocks rebounded on Wednesday following a Treasury Department intervention designed to relieve severe pressure on the bond market.
Federal Reserve Signals Interest Rate Hikes Unless Inflation Improves
Federal Reserve minutes reveal central bank officials may need to raise interest rates further unless inflation shows sustained improvement, driven by ongoing energy uncertainties.
KOSPI slips below 7,000 as US yields hit 19‑year high
South Korea's benchmark KOSPI index dropped back below the 7,000 mark after morning gains were erased by surging U.S. Treasury yields hitting a peak.
Years recalls dog food after recipe change linked to vision loss
Dog food brand Years has recalled all of its fresh meals following reports linking a recent buckwheat recipe change to sudden bilateral dry eye in dogs.
NATO warns it is prepared to respond to potential Iranian threats in Europe
NATO has stated it is ready to defend member states after intelligence indicated that Iran has assessed potential attacks on US military assets in Europe.
UK inflation jumps to 2.9% in July as Iran war spikes energy costs
UK consumer-price inflation rose to 2.9% in July after conflict in the Middle East sent gas and electricity prices sharply higher, threatening household budgets.
UK inflation rises to 2.9% in July after energy bills spike
UK inflation climbed to 2.9% in July following a sharp increase in household energy bills driven by Ofgem's price cap adjustment.
Skoda Superb Returns to Diesel Power with 150hp TDI in India
Skoda has announced the return of diesel power to the Indian market with the fourth-generation Superb, powered by a 2.0-litre 150-hp TDI engine.
Sensex down 320 pts, Nifty below 24,100 as bond yields rise; Brent near $92
Indian equity markets extended their losing streak as the Sensex dropped 319.79 points and the Nifty fell below 24,100 amid rising global bond yields and spiking crude prices.
Meta rejects US states' claims it designed apps to hook children
Meta Platforms has rejected allegations in an Oakland trial that it deliberately designed Facebook and Instagram to foster compulsive use among children.
US stocks fall for 3rd straight day as bond yields, oil weigh
Wall Street extended its recent losses as surging global borrowing costs, geopolitical tensions, and rising oil prices weighed heavily on equity investors.
Meta faces 29 US states in landmark trial over addictive teen algorithms
Twenty-nine US states have gone to trial against Meta in a high-stakes legal battle accusing the tech giant of designing addictive algorithms that harm youth mental health.
Meta faces US trial over youth social media addiction and privacy claims
A federal trial has begun in California where state attorneys general are pursuing claims against Meta over youth social media addiction and privacy violations.
OpenAI launches ChatGPT for teens with new safety and study features
OpenAI has introduced a dedicated ChatGPT experience for teenagers aged 13 to 17, combining automated safety filters, parental controls, and a specialized study mode.
US stocks open lower as Iran stalemate lifts oil prices and Treasury yields
Wall Street equities slipped in morning trading as a breakdown in cease-fire talks between Washington and Tehran pushed crude oil near three-week highs and Treasury yields to levels not seen since 2007.
Bond markets from US to Japan whacked as inflation and fiscal worries take hold
Long-term sovereign debt yields surged globally from the US to Japan and Europe, driven by mounting inflation pressures and ballooning government deficits.
ABC sues FCC over broadcast license challenge in First Amendment suit
Disney's ABC has filed a First Amendment lawsuit against the FCC, accusing the regulatory body of orchestrating a retaliatory campaign over its editorial decisions and broadcast content.
Tata Sons AGM adjourned as quorum falls short for first time in group’s history
Tata Sons halted its annual general meeting due to a lack of quorum, marking an unprecedented halt driven by a regulatory probe into the Sir Ratan Tata Trust.
US futures dip as yields surge to 19‑month high and oil climbs
US stock futures declined on Tuesday as Treasury yields reached a 19-month high and crude oil prices climbed amid escalating geopolitical tensions.
Meta faces trial as 29 US states sue over child addiction claims
Twenty-nine state attorneys general have joined a federal jury trial in Oakland accusing Meta Platforms of deliberately building addictive features into Facebook and Instagram that harm children.