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Meta Agrees to $18 Billion Settlement Over US Teen Social Media Addiction Lawsuits
Meta has agreed to an $18 billion settlement to resolve extensive lawsuits across the United States concerning teen social media addiction. The legal actions,...
Economist Mark Zandi Says AI Drives at Least 25% of Economic Growth
Mark Zandi, chief economist at Moody's Analytics, stated that artificial intelligence is currently driving at least 25% of economic growth. The rapid expansion of...
German Economy Is Stabilizing, Says Ifo Institute Chief
Germany's economy is showing signs of stabilization following a prolonged period of stagnation, according to the head of the Munich-based Ifo Institute. Recent assessments...
Investment Dispute Resolution Body Opens First Overseas Office in Singapore
An international investment dispute resolution body has officially opened its first overseas office in Singapore, marking a significant expansion of its institutional presence. The...
Singapore Reports Fewer Scam Cases and Lower Monetary Losses in First Half of the Year
Singapore recorded a decrease in both the total number of scam cases and overall monetary losses during the first half of the year, reflecting...
Revolution CEO Steve Case Says AI Is Driving Shift to Durable Assets
Revolution CEO Steve Case stated that the rapid expansion of artificial intelligence is driving an investment transition toward durable assets and physical infrastructure. As...
Stocks Stall as Wall Street Awaits Nvidia Earnings Report
Major U.S. stock indices remained largely flat as investors adopted a cautious stance ahead of Nvidia's highly anticipated earnings report. Market participants view the...
Vanguard to Acquire Wealth Management Platform Altruist
Vanguard is expanding its reach in the financial advisory sector through its strategic moves with digital wealth platform Altruist. By leveraging Altruist’s modern custodial,...
China Looks to Robotics Industry to Drive Economic Growth
China is accelerating investments in industrial robotics and automation to establish advanced manufacturing as a central driver of its economic growth. Facing demographic shifts...
Markets Eye Upcoming Nvidia Earnings and Reaction to Bessent Treasury Nomination
Financial markets displayed positive momentum as investors reacted to macroeconomic developments and positioned ahead of key corporate earnings. Market sentiment found stability following the...
Oil Prices Drop on Hopes of Strait of Hormuz Breakthrough
Crude oil prices declined following market optimism over a potential breakthrough concerning navigation and security in the Strait of Hormuz. The prospect of eased...
Stocks Rise as Oil Prices and Treasury Yields Fall
Major stock indices closed higher as falling crude oil prices and declining Treasury yields alleviated pressure across financial markets. The pullback in government bond...
Canada Doubles Tariffs on U.S. Steel Products Up to 50%
Canada has announced a doubling of tariffs on select United States steel products, increasing duties up to 50%. The policy measure comes in response...
Intuit Shares Drop 11% on Weak Outlook as Markets Await Nvidia Earnings
Shares of Intuit declined roughly 11% following the release of fourth-quarter revenue guidance that fell short of Wall Street expectations. Although the financial software...
Thoma Bravo Concedes 40 Deal Sweeteners in Debt Talks
Private equity firm Thoma Bravo has agreed to roughly 40 concessions and deal sweeteners during recent debt negotiations to appease lenders and secure financing....
Trump Threatens Additional Tariffs on Canada as Trade Dispute Escalates
Trade tensions between the United States and Canada have intensified following threats of additional import tariffs from the U.S. administration. Canadian officials have expressed...
Managing Investment Risk Amid KOSPI Market Volatility
South Korea's benchmark KOSPI index has experienced heightened volatility driven by global macroeconomic uncertainties, interest rate trajectories, and fluctuations in leading export sectors. In...
Scott Bessent Warns of ‘Economic Asphyxiation’ in Bloomberg Interview
Scott Bessent has warned that ongoing fiscal imbalances, extensive regulatory burdens, and tight monetary conditions risk creating economic asphyxiation for the broader economy. Addressing...
Canada-US Trade Tensions Escalate Following Collapse of Talks
Trade tensions between Canada and the United States have intensified following the collapse of recent high-level negotiations aimed at resolving ongoing economic disputes. The...
US Imposes 50% Tariffs on Canada as Carney Vows Retaliation
The United States has announced new 50% tariffs on Canadian imports, prompting responses from Canadian officials regarding potential countermeasures. In response to the trade...
