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U.S. inflation breaks 4 percent level for first time since 2023 as oil shock pushes prices higher

U.S. inflation breaks 4 percent level for first time since 2023 as oil shock pushes prices higher

Rising energy prices linked to Middle East tensions push inflation above Fed target levels

OpenAI launches first chip with Broadcom to make advanced AI more accessible

OpenAI launches first chip with Broadcom to make advanced AI more accessible

By co-developing its industry-leading silicon directly with OpenAI, Broadcom is enabling the deployment of gigawatt-scale data centers with Microsoft and other partners beginning in 2026

Amazon expands India AI, cloud investment to $48 billion with additional $13 billion through 2030

Amazon expands India AI, cloud investment to $48 billion with additional $13 billion through 2030

Investment will expand AI and cloud infrastructure across Mumbai and Hyderabad

EU approves tariff cuts on U.S. goods under Trump trade deal agreement

EU approves tariff cuts on U.S. goods under Trump trade deal agreement

The move fulfills the EU’s obligations under a trade deal and helps avoid renewed tariff tensions 

U.S. current account deficit widens 2.6 percent ​to $226.8 billion in first quarter

U.S. current account deficit widens 2.6 percent ​to $226.8 billion in first quarter

The primary income balance swung into a deficit of $13.3 billion in the first quarter, down from a surplus of $3.431 billion in the previous quarter

European Parliament advances digital euro plan as EU moves closer to central bank digital currency

European Parliament advances digital euro plan as EU moves closer to central bank digital currency

Proposed central bank digital currency would complement cash and strengthen payment sovereignty

U.S. announces $17.5 billion in loans to rebuild commercial nuclear supply chain

U.S. announces $17.5 billion in loans to rebuild commercial nuclear supply chain

The loans seek to accelerate the deployment of 10 large-scale commercial nuclear reactors across the United States by up to three years

ECB keeps cautious stance as Lagarde signals limited room for more rate hikes

ECB keeps cautious stance as Lagarde signals limited room for more rate hikes

Policymakers remain focused on inflation while supporting economic growth 

Europe’s climate damage costs hit $941.7 billion as fiscal risks grow

Europe’s climate damage costs hit $941.7 billion as fiscal risks grow

A new report highlights the rising economic burden of extreme weather across the EU 

SK Hynix overtakes Samsung as South Korea’s most valuable company

SK Hynix overtakes Samsung as South Korea’s most valuable company

SK Hynix shares have surged more than 340 percent so far this year, building on a strong rally in 2025

China targets U.S. rare earth companies with new export restrictions

China targets U.S. rare earth companies with new export restrictions

The move follows Washington's latest sanctions on several Chinese companies

U.K. interest rates stay at 3.75 percent as Bank of England warns over energy price uncertainty

U.K. interest rates stay at 3.75 percent as Bank of England warns over energy price uncertainty

The central bank warned that geopolitical tensions are clouding the inflation outlookÂ