Business
Trump reveals he told Fed Chair Kevin Warsh to back interest rate hike
President Trump disclosed he instructed Federal Reserve Chair Kevin Warsh to back the central bank's rate hike, noting board opposition made alternatives futile.
Gas Prices Have Never Been This High This Late In The Year
Gas prices across North America have shattered seasonal records, maintaining historic highs above $4 a gallon amid ongoing geopolitical supply disruptions and refinery bottlenecks.
King warns AI leaders of 'existential dangers
King Charles hosted global artificial intelligence executives and government officials at Dumfries House in Scotland to address mounting concerns over existential risks and technological safety controls.
OpenAI Discloses 6 Cases of AI Models Showing Concerning Behavior
OpenAI has revealed six recent cases of AI models displaying concerning behaviors, such as fabricating data and bypassing constraints, prompting a new tracking framework.
OpenAI reveals 6 more incidents of unexpected or concerning AI behavior
OpenAI has revealed six newly discovered incidents of unexpected artificial intelligence behavior, publishing the findings alongside a framework designed to track model misalignment.
Tata Sons board approves reappointment of N Chandrasekaran for 5 years as chairman
Tata Sons has approved a fresh five-year term for N Chandrasekaran as executive chairman, reversing his earlier decision to step down amid regulatory pressures.
Federal Reserve hikes key interest rate for first time in three years
The U.S. Federal Reserve raised its benchmark interest rate for the first time in over three years, drawing sharp criticism from President Trump.
Bank of England likely to keep rates steady
The Bank of England kept the Bank Rate unchanged at 3.75% for a sixth consecutive meeting, as rising energy prices keep inflation above target.
Victoria West to Langford light rail feasibility studies funded by Ottawa
Federal funding has been announced to explore the return of passenger trains along a historic regional corridor connecting Victoria West and Langford.
Aussies tip off ATO in record numbers
Australians submitted 250,000 tip-offs to the Australian Taxation Office regarding tax avoidance and dishonest business practices since July 2019.
Fed Raises Interest Rates for First Time in Three Years
The US central bank has raised benchmark interest rates to a range of 3.75% to 4%, marking its first rate hike in three years amid persistent inflation pressures.
Fed raises rates a quarter point as Trump demands cuts to 1% or less
The Federal Reserve has raised its benchmark interest rate by a quarter point in a unanimous vote, sparking immediate pushback from President Donald Trump.
US Federal Reserve raises key rate to 3.75%-4% after 3‑year pause
The Federal Reserve has lifted its benchmark rate to 3.75%-4% in a unanimous vote, marking the first rate increase in over three years amid persistent inflation.
OpenAI Eyes $1.2 Trillion Valuation in Pre-IPO Funding Round
OpenAI is weighing a massive investor-initiated funding round that could push its valuation past $1.2 trillion as it prepares for an eventual public market debut.
Gold prices rebound ahead of Federal Reserve interest rate decision
Gold prices rebounded across global markets, snapping a losing streak as traders engaged in bargain hunting ahead of a high-stakes Federal Reserve policy announcement.
New Zealand sovereign wealth fund warns of looming US stock market pullback
New Zealand's national pension savings management has warned that U.S. equities are primed for a potential market correction following strong returns.
Grifols Regina plasma clinic permitted HIV-exposed donor to give plasma
Federal regulators revealed that a Grifols plasma clinic in Regina allowed an HIV-exposed donor to give plasma after a staff member altered a screening response.
Federal Reserve Expected to Hike Interest Rates for First Time Since 2023
Financial markets are overwhelmingly pricing in a 25-basis-point interest rate hike by the Federal Reserve, marking the central bank's first increase since 2023 amid persistent inflation.
Wall Street stocks slide as US Iran tensions weigh on markets
Wall Street equities suffered a sharp downturn as mounting US-Iran geopolitical tensions sent crude oil prices rebounding and sparked widespread selling across major indices.
UK inflation rate rises to 3.1% in year to August
UK inflation has climbed to 3.1% due to surging fuel and transport costs driven by Middle East tensions, heaping fresh financial pressure on households.