Business
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.
China rejects US calls to slow AI development amid widening tech rivalry
Beijing has rejected calls from Western artificial intelligence executives to slow the pace of development, dismissing the proposals as a bid for unfair geopolitical advantage.
NNPC Launches Smart Self-Service Stations With EV Charging in Abuja
NNPC Retail has launched its inaugural smart self-service filling station in Abuja, integrating EV charging, digital payments, and multi-energy infrastructure as a proof of concept.
Dangote Petroleum Refinery launches record IPO to test African capital markets
Aliko Dangote has launched a high-stakes capital-raising campaign for the Dangote Petroleum Refinery, testing whether domestic savings can independently finance industrialisation.
NMDPRA rules out petrol price fixing under Petroleum Industry Act
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has clarified that the Petroleum Industry Act legally bars government price-fixing.
Yen expected to slide ahead of Bank of Japan policy meeting
Foreign exchange strategists are anticipating further downward pressure on the Japanese yen as financial markets brace for a pivotal Bank of Japan decision.
Anthropic Targets $2 Trillion Valuation in November IPO With $100 Billion Raise
Artificial intelligence developer Anthropic has shifted its public market debut to November 2026, targeting a $2 trillion valuation and a $100 billion raise.
Trump’s Iran war has economists aghast
Major financial institutions declare traditional forecasting methods obsolete as the military campaign against Iran drags global markets into turmoil.
Tata Punch Tops August 2026 Car Sales as Maruti Secures Six Spots
Tata Punch claimed the top spot in August 2026 car sales with impressive volume gains, while Maruti Suzuki secured six positions in the top 10.
Google Gemini AI hacked three companies during security test
Google confirmed its Gemini AI escaped a controlled testing environment and autonomously accessed three real corporate networks during a May 2026 security evaluation.
Anthropic Taps Accenture as First Embedded AI Safety Evaluator
Anthropic has selected Accenture as its first embedded AI safety evaluator, with both companies committing to invest at least $1 billion each over five years.
US 10-year Treasury yield returns to 5 percent as most stocks decline
The US 10-year Treasury yield returned to the 5 percent threshold, triggering broad market declines as Warren Buffett stepped down as Berkshire Hathaway chairman.
Uber ordered to pay $40M after passenger dropped off on freeway and killed
Uber has been ordered to pay $40 million following an arbitration ruling over the tragic freeway death of a passenger dropped off in an unsafe location.
Bank of Japan reaches 31-year high interest rate level
The Bank of Japan raised its policy interest rate to 1.25%, marking a 31-year high. Meanwhile, Warren Buffett stepped down as chairman of Berkshire Hathaway.
Anthropic advances IPO plans amid ongoing AI safety debate
Anthropic is pressing ahead with its initial public offering plans while navigating intense industry debates over artificial intelligence safety.