SpaceX hit by surging AI costs as insiders prepare to sell their shares
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly…
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RBI keeps repo rate unchanged at 5.25% as volatile oil prices cloud inflation outlook
The Reserve Bank of India (RBI) on Wednesday kept its benchmark repo rate unchanged at 5.25% and retained its neutral monetary policy stance, choosing to wait for greater clarity on…
ADP report: US private employers added 44,000 in July, well below forecasts
Hiring at US private companies slowed sharply in July, with healthcare accounting for the bulk of new jobs as employers adopted a more cautious approach to recruitment amid shifting economic…
Trump’s $100 billon tariff refund may leave consumers paying the final bill
The US government has returned about $100 billion to businesses that paid Donald Trump’s “Liberation Day” tariffs. The amount includes duties and interest and covers more than half of the…
Traders see 70% chance of third ECB rate hike by December
Euro zone government bond yields rose on Monday. This came after the United States and Iran failed to reach a deal to end the conflict. The breakdown in talks pushed…
Petroyuan or dollar strength? Hormuz conflict sparks global currency fight
The significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet. Iran…
China’s GDP to rebound in Q1 as Iran war weighs on outlook
China’s economy is expected to have regained some momentum in the first quarter of 2026, supported by resilient export performance, according to a Reuters poll of economists. Gross domestic product…
APG signals private market expansion as rules ease
Europe’s largest pension investor, APG, is preparing to increase its allocation to private markets to just over 30% of its total assets, according to Patrick Kanters, chief investment officer for…
U.S. added 178,000 jobs in March, reflecting resilient labor market just as Iran war escalated
The United States added 178,000 jobs in March, blowing past expectations and showing a resilient labor market just as the war with Iran began escalating, sending up oil prices. Subscribe…
Savannah Guthrie returns to ‘TODAY’ amid search for mother: ‘It’s good to be home’
Savannah Guthrie returned to the “TODAY” anchor desk Monday, more than two months after her mother disappeared. Subscribe to read this story ad-free Get unlimited access to ad-free articles and…