Federal Reserve expected to stand pat on rates even as Trump demands cuts
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...
DeepSeek Forces a Global Technology Reckoning
The fast-growing popularity of the Chinese artificial intelligence software hit shares in tech giants like Nvidia, as Silicon ...
ECB's Lagarde warns over cost of losing independence
BUDAPEST (Reuters) -Central bank independence is being challenged in parts of the world and greater political influence could ...
Pound Sterling outperforms USD as investors suspect Trump's tariff agenda
The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, falls back to near 107.50 from an ...
FTSE 100 LIVE: Stocks lower as DeepSeek's new model roils tech
Stocks across Asia lost ground on Monday as worries about Chinese AI company DeepSeek reverberated. The company's discounted R1 model knocked tech stocks, sending the Nikkei ( ^N225) in Japan 0.9% ...
Pakistan: Drought alert issued for Sindh due to scarce rainfall
Earlier, on Wednesday, the PMD had issued a warning about emerging drought conditions in the country following scarce rainfall. The PMD reported that from September 1, 2024, to January 15, 2025, ...
DeepSeek Threatens to Burst AI Bubble. Why the Mag 7 Can Still Thrive.
Dow, S&P 500 and Nasdaq futures are also dropping Thursday as tech stocks fall amid fears over China's DeepSeek AI.