Wall Street presented a mixed picture on Tuesday as the tech sector pushed the Nasdaq Composite to a fresh all time intraday high while broader indices struggled to find momentum. The tech heavy Nasdaq climbed zero point four five percent to close at twenty seven thousand two hundred forty four point twenty eight, bolstered significantly
Jensen Huang, the chief executive of Nvidia, is pushing back firmly against the growing chorus of warnings that artificial intelligence could lead to the extinction of humanity. In a recent interview with CBS News, Huang dismissed claims that AI might trigger a global catastrophe by 2030, stating there is zero percent chance that such a
For Casey Pruim, running a dairy farm in Abbotsford, British Columbia, is a game of precision and timing. Every two days, 28,000 litres of raw milk leave his property to enter a complex distribution network designed on the belief that there will always be a buyer. However, that stability has vanished following the implementation of
Toys R Us is preparing for a massive resurgence just in time for the holiday rush, announcing an ambitious plan to open 120 new standalone stores across the United States by the end of 2026. The retailer, which is currently operating through a handful of independent locations and shop-in-shops within Macy’s department stores, is partnering
For years, the architects of artificial intelligence have spoken about catastrophic risks in tones that sounded more like science fiction than corporate warnings. During an interview in early 2025, Anthropic CEO Dario Amodei lamented that while there was compelling evidence that models could wreak havoc, the public remained unperturbed because those dangers felt theoretical. He
Motorists have spent months watching the pumps with anxiety following the outbreak of war with Iran earlier this year, but while unleaded gasoline has managed to avoid total catastrophe, diesel fuel has surged to a staggering all time high of 6.31 dollars per gallon. In some regions, like California, the cost has climbed even higher,
The Federal Reserve broke a long streak of stability on Wednesday, raising its benchmark interest rate by 0.25 percent for the first time since 2023. The move pushes the flagship rate into a range between 3.75 and 4.00 percent, a decision made unanimously by policymakers who are grappling with a resurgence of inflation. While the
Wall Street entered a period of cautious anticipation on Wednesday as U.S. Treasury yields dipped slightly ahead of a critical policy announcement from the Federal Reserve. The benchmark 10 year Treasury note yield drifted just below the psychological threshold of 5 percent, landing at roughly 4.967 percent, while shorter and longer term bonds followed suit
WASHINGTON — The White House on Monday said it’s partnering with North American Blue Energy Partners as part of President Donald Trump’s push to tap into Venezuela’s oil industry, setting up a deal that will give the Pentagon a stake over roughly a fifth of the country’s vast oil reserves. The Trump administration released more
HONG KONG — Shares in online fast-fashion retailer Shein fell 8% in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages. Known globally for selling $5 tops and $10 dresses, Shein has been humbled by tariff