News Archives - Page 399 of 408

DeepSeek Poses ‘Profound’ Security Threat, US House Panel Claims

A bipartisan House committee accused DeepSeek of posing a “profound threat” to US national security by harvesting American users’ data and sending it back to China, according to a report published on Wednesday.

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S&P Downgrades Quebec for First Time Since 1990s on Budget, Trade War

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S&P Global Ratings downgraded Canada’s second-largest province as the trade war with the US begins to hurt economic growth and government finances.

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Siemens Energy Lifts Revenue Guidance on Gas, Electricity Growth

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Siemens Energy AG substantially raised its revenue and net income outlook for the fiscal year, citing demand for gas turbines, gas services and electricity products.

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Pound Sterling Price News and Forecast: GBP/USD rises as UK inflation cools, BoE rate cut bets increase

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The British Pound advanced during the North American session, posting soft gains of 0.14% against the Greenback as inflation slowed to its weakest level in three months.

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United States 20-Year Bond Auction climbed from previous 4.632% to 4.81%

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United States 20-Year Bond Auction climbed from previous 4.632% to 4.81%

United States 20-Year Bond Auction climbed from previous 4.632% to 4.81% Read More »

Dow Jones slides as Nvidia, AMD tumble on chip tariffs; Powell speech eyed

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The Dow Jones Industrial Average (DJIA) registers minuscule losses in the mid-North American session as semiconductor-linked companies like Nvidia and AMD got hit by tariffs imposed by United States (US) President Donald Trump. The DJIA is down 0.46% above 40,100 for the second consecutive day.

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Tariff Panic Spurs Shopping, Fastest Sales Growth in Two Years

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Economic data just confirmed what anecdotal evidence had suggested: Consumers are rushing to make major purchases of cars, electronics and appliances in an attempt to get ahead of tariffs that could raise prices.

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TikTok Adds Community Notes Feature to Combat Misinformation

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TikTok is testing a new “community notes”-style feature, called Footnotes, to add more context to posts that may be misleading or inaccurate.

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GOP Senator McCormick Says Tax Hike on Millionaires Won’t Fly

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Republican Senator Dave McCormick predicted a higher tax rate on millionaires won’t fly with the GOP-controlled Congress, throwing cold water on a proposal gaining support in the White House and among some of his fellow lawmakers.

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Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth

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The central bank leader said that while he expects higher inflation and lower growth, it’s unclear where the Fed will need to devote greater focus.

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