Economists warn AI-driven market rally is due a sharp correction
The American flag flies behind a Wall Street sign near the New York Stock Exchange (NYSE) in New York City on April 22, 2026. Angela Weiss | Afp | Getty Images U.S. and European stocks are scaling record highs as investors pile into the AI boom, but…
Novig posts more than $125 million in trading volume in its first week
Novig launched as a prediction market platform offering sports event contracts on August 4. Courtesy: Novig Prediction markets platform Novig, which hosts sports event contracts and launched on Aug. 4, has reported over $125 million in notional volume in…
Nvidia’s AI moat is shifting from chips to capital
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media following the company’s «Japan AI Ecosystem» reception in Tokyo, Japan, on Thursday, July 16, 2026. Kiyoshi Ota | Bloomberg | Getty Images Nvidia’s massive…
Russia fires top economist after Ukraine war warning
People walk in front of a billboard honouring a participant in Russia’s military action in Ukraine and reading «Pride of Russia!» and a Neftmagistral gas station pylon which shows that there is no gasoline at the station in Moscow on July 10, 2026.…
Treasury yields rise as oil gains and U.S.-Iran tensions fuel inflation fears
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Aug. 5, 2026. Jeenah Moon | Reuters Treasury yields rose on Tuesday, with long-dated yields surging to their highest level in over two decades, as tensions between…
Sanders bill would stop Social Security garnishment for student loans
Sen. Bernie Sanders, I-Vt., speaks during a rally in support of the Biden administration’s student debt relief plan in front of the Supreme Court in Washington, Feb. 28, 2023. Drew Angerer | Getty Images Sen. Bernie Sanders, I-Vt., is pitching a…
30-year Treasury yield: Three things that could drive it even higher
Traders work on the floor of the New York Stock Exchange. NYSE The yield on the 30-year U.S. Treasury has surged to its highest level in nearly two decades, and some strategists see scope for the selloff in long-dated government bonds to go further. The…
South Korea must brace for ‘worst-case scenario,’ President Lee says
SEOUL, SOUTH KOREA – JUNE 06: South Korean new President Lee Jae-myung speaks during a ceremony marking Korean Memorial Day at the Seoul National cemetery on June 06, 2025 in Seoul, South Korea. South Korea is marking the 70th anniversary of…
Ship attacked in Hormuz as lapsed ceasefire deal prolongs conflict
U.S. President Donald Trump speaks during a news conference in James S. Brady Press Briefing Room of the White House on April 06, 2026 in Washington, DC. Alex Wong | Getty Images News | Getty Images A cargo vessel was struck by a projectile while…
Credit card issuer Synchrony partners with OpenAI
In this photo illustration, the stock market information of Synchrony Financial displayed on a smartphone while the logo of Synchrony Financial seen in the background. Igor Golovniov | Lightrocket | Getty Images Editor’s note: A previous version of…