India’s central bank keeps benchmark rates steady, cites ‘moderate’ core inflation
India’s central bank on Wednesday held interest rates at 5.25% for a fifth time in a row, even as the country’s retail inflation has crossed the Reserve Bank of India’s medium-term target of 4%. Economists polled by Reuters had forecast…
U.S. says Strait of Hormuz is open as Bessent says Iran deal is close
This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz off the eastern coast of the United Arab Emirates at Khor Fakkan. AFPTV | Getty Images The U.S. military said the Strait of Hormuz was…
GM, Chinese automaker extend tie-up amid geopolitical tensions with US
Workers assemble cars at a car plant of SAIC-GM-Wuling in Qingdao city in east China’s Shandong province, Feb. 5, 2025. ZHANG JINGANG | Future Publishing | Getty Images DETROIT — General Motors and China’s SAIC Motor have extended a…
SpaceX AI spending unnerves Wall Street despite promising quick payoff
The SpaceX headquarters is seen on Monday, Aug. 3, 2026 in Hawthorne, CA. Eric Thayer | Los Angeles Times | Getty Images After SpaceX spent way more on its AI buildout than analysts expected, executives tried to convince investors on Tuesday that…
SoftBank shares: Asian tech rally, SK Hynix, Samsung, Advantest
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images…
Europe’s heat isn’t cooling Asian travel demand
As Europe endures another summer of record-breaking heat, Asian travelers continue to flock to the continent, with little sign that soaring temperatures are dampening demand. The trend also reflects a broader diversification in Asian travel spending…
Lucid Group (LCID) earnings Q2 2026
The Lucid Gravity is displayed during the 2023 Los Angeles Auto Show at the Los Angeles Convention Center on Nov. 24, 2023. Josh Lefkowitz | Getty Images News | Getty Images Lucid Group missed Wall Street’s second-quarter expectations as the…
Pinterest (PINS) Q2 2026 earnings report
Pinterest shares fell 7% in extended trading on Tuesday after the company reported better-than-expected earnings and revenue but issued lukewarm sales guidance. Here’s how the company did, compared to analysts’ consensus estimates from LSEG:…
Financial planners take on the TikTok ‘worth the money’ trend
Videos on TikTok of users sharing the items they swear are «always» worth the money have racked up hundreds of thousands of views and likes this summer. The items mentioned in the posts range widely, from skin care products to upgraded airline seats.…
Palantir stock rises 30% on soaring commercial revenue, AI sovereignty
Palantir CEO Alex Karp speaks during an interview on July 27, 2026 in New York City. John Lamparski | Getty Images Palantir stock skyrocketed 30% on Tuesday after the company reported «otherworldly» second-quarter earnings driven by customer demand for…