Three Federal Reserve officials used Thursdays opening of the annual Jackson Hole economic symposium to warn that inflation remains too high
Oil prices fell on Thursday, extending a streak of losses, on expectations that talks between Iran and Qatar might open the Strait of Hormuz and reduce supply disruptions from ?the war in the Middle East.
Bill Gates is sounding the alarm about artificial intelligence, warning in a new essay that the technology will rapidly transform the U.S. labor market and put millions of jobs at risk.
JPMorgan expects demand for humanoid robots to surge in U.S. manufacturing, arguing that the economics increasingly favor automation over human labor as the cost of deploying a robot falls below $10 per hour, according to MarketWatch.
Oil prices dropped about 2% on Wednesday, adding to the previous sessions losses, on fresh hopes the Strait of Hormuz could reopen after Iran ?said it had resumed talks with neighbour Oman on managing the strategic waterway.
Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that greater control over key components will strengthen its supply chain and reduce reliance on external chip suppliers.
Oil prices slipped more than $2 a barrel on Monday as investors took profits after recent gains and shrugged off new U.S. sanctions on Iran.
Analysis-Chinas property crisis grinds on after Evergrande sentencing Hui Ka Yan, the founder of Chinas Evergrande Group stands in court at the Shenzhen Intermediate Peoples Court, in Shenzhen, Guangdong province,
US-Canada trade talks collapsed over a range of issues where the written text of a potential deal was at odds with what the Canadian side believed it had agreed to, Prime Minister Mark Carneys top US envoy says.
Meta (META) is facing off against attorneys general from four states in a lawsuit alleging that the social media company purposely developed its apps to hook children and young users and lied about the harm the platforms can cause.
Most Asian share indices were heading for weekly falls on Friday as stress in global bond markets showed little sign of abating, while a diplomatic deadlock in the Gulf lifted oil prices to one-month highs and kept inflation risks to the fore.
China kept benchmark lending rates unchanged for the 15th straight month in August on Thursday, in line with market expectations.
Global bonds steadied on Thursday after the U.S. Treasury stepped in to stem a rout in its bond market, soothing investor nerves and sending the dollar lower while stocks climbed.
Oil prices ticked higher in early trade on Wednesday, climbing for a fourth straight day on supply uncertainty as investors ?weighed conflicting messages from Tehran and Washington on whether the Strait of ?Hormuz is open to ships.
A suite of new tariffs on Canadian goods could take effect within hours as ongoing talks between US and Canadian teams are running low on time to avert the new duties that are scheduled to be imposed by the Trump administration on Wednesday.
