Latest News
U.K. GDP shrinks 0.1 percent in April as services drive decline, inflation eases to 2.8 percent
Mixed signals from inflation and GDP leave policymakers balancing stability and weak momentumÂ
SpaceX to end IPO debut session with $2.4 trillion market cap
The expected market cap suggests that the SpaceX share price will likely finish today somewhere in the $175-$180 range
U.S. strategic petroleum reserve nears lowest level since 1983 amid global supply strain
The SPR continues to decline as geopolitical tensions and shipping disruptions pressure global energy securityÂ
May 2026 ranks second-warmest globally as rapid heatwaves, extreme weather cause disruptionsÂ
Europe transitions rapidly from below-average baseline temperatures to intense early-season heatwavesÂ
OpenAI files for U.S. IPO amid race to public markets among AI giants
The ChatGPT creator did not reveal the size or pricing of the proposed offering and said no timetable had been set
U.S. trade deficit narrows to $55.9 billion in April as exports surge to record high
U.S. exports rose 2.6 percent to a record $327.1 billion in April, driven by a 4.1 percent increase in goods exports
Japan initiates biggest budgetary reform since 1945 to eliminate structural reliance on supplementary spending packages
The reform directly addresses opposition and investor criticism regarding overly loose fiscal policiesÂ
Nvidia signs AI infrastructure agreements with South Korea’s tech giants
As part of a multi-year technology collaboration, SK Hynix will work with Nvidia to develop next-generation memory solutions for AI data centers worldwide
Putin affirms BRICS drives growth as bloc generates 49 percent of global GDP expansion, $1 trillion in trade
The member states' share of global trade has more than doubled since inception
Japan’s foreign reserves drop by record $77.11 billion in May, lowest since July 2025
Sharp decrease is largely attributed to aggressive efforts by Tokyo authorities to stabilize the yen
Google’s Alphabet upsizes equity offering to $84.75 billion to meet high-density AI compute needs
Move signals strong investor appetite for tech giants expanding their AI infrastructureÂ
