[ad_1]
Wall Street achieves new record highs as markets rally on expectations of Federal Reserve rate cuts fueled by mixed economic data showing persistent inflation but rising jobless claims. The Dow crosses 46,000, S&P 500 and Nasdaq hit fresh peaks, led by tech and AI sector strength. Investor optimism grows amid gradual Fed easing prospects.
Paramount Skydance prepares a high-profile takeover bid for Warner Bros Discovery backed by billionaire Larry Ellison. This move could spark a major reshaping of the media landscape by combining two entertainment giants.
27 years – Prison sentence for Brazil’s former President Jair Bolsonaro for coup plotting.
Donald Trump comments and responses dominate the political turbulence following Charlie Kirk’s assassination and Russian drone incursion in Eastern Europe, with debates over political violence and international tensions.
OpenAI and Microsoft reach key non-binding agreements underpinning OpenAI’s restructure and future partnership, signaling progress toward OpenAI’s potential IPO and expanded AI development capabilities.
Adobe Stock Jumps As Creative Software Firm Beats Estimates
Adobe surpassed fiscal expectations thanks to strong AI-driven demand in its digital media division, lifting its stock significantly and raising confidence in its innovative product lineup.
More on investors.com
Adobe beats fiscal expectations with strong AI-driven product demand, boosting stock and raising revenue forecasts amid growing enthusiasm for AI-powered creative tools.
South Korea reacts strongly to US immigration raids on Hyundai and LG Energy plants, leading to workforce exodus and investor apprehension, with significant delays for automotive battery plant openings.
South Korean Workers Flee US Battery Plants Following Immigration Raid
Following a large-scale immigration raid at battery plants co-owned by Hyundai and LG Energy in Georgia, South Korean workers are departing en masse, causing significant delays and investor concern.
More on japantimes.co.jp
Brazil’s former President Jair Bolsonaro is convicted for plotting a military coup, leading to a prison sentence over 27 years, stoking political uncertainty in Latin America.
Cryptocurrency markets show renewed upbeat momentum with IPOs like Winklevoss’ Gemini oversubscribed and blockchain lender Figure’s IPO surging, reflecting persistent investor interest despite recent volatility.
California passes AI companion chatbot regulation bill SB 243 targeting safety protections for minors; Federal Trade Commission launches inquiries into AI chatbot impacts on children; Last-minute Californian legislation boosts wildfire utility fund by $9 billion.
U.S. jobless claims rise to highest levels since 2021, signaling a cooling labor market amid persistent inflation and growing recession fears among investors.
Federal Reserve board faces turmoil as Trump administration pushes to remove Governor Lisa Cook before a key policy meeting, reflecting high-stakes political influence over central bank decisions.
We’re just here as a group to say America cannot govern itself this way
— Senator Lindsey Graham
Political and social fallout escalates following Charlie Kirk’s assassination, with bipartisan condemnation, tightened security, investigations underway, and heated debates over political violence in the U.S.
Wall Street hits new record highs boosted by expectations of Federal Reserve rate cuts amid mixed inflation and labor market data, lifting major indices like the Dow, S&P 500, and Nasdaq.
Larry Ellison briefly overtakes Elon Musk as world’s richest man amid Oracle’s stock surge fueled by AI contracts and explosive sales growth, intensifying the billionaire rivalry in tech.
Tech giants brace for regulatory pressures as the Federal Trade Commission launches inquiries into AI chatbots’ impacts on children, targeting companies like Meta, Alphabet, OpenAI, and others.
Mortgage rates fall to the lowest point in nearly a year, spurring a surge in home mortgage demand and potential easing for homebuyers amidst persistent inflation concerns.
COVID-19 cases peak across many U.S. regions according to CDC figures, while the pandemic’s evolving trends continue to impact public health strategies and economic forecasts.
Major infrastructure and energy projects are fast-tracked by Prime Minister Mark Carney and related governments, aiming to accelerate national development with investments exceeding $60 billion.
[ad_2]