The U.S. is likely to resume military action against Iran in the coming days, a move that could send oil prices sharply higher, according to Bob McNally, CEO of geopolitical and energy analysis firm Rapidan Energy Group. Speaking to CNBC's "Squawk…
Asia's tech giants are getting hammered as the global AI trade suffers another brutal sell-off. Chip heavyweights in South Korea, Japan, and Taiwan are bearing the brunt of the rout. The AI boom isn't over, but investors are demanding proof…
The United Steelworkers union has reached a tentative new labor contract agreement with steel and iron ore producer Cleveland-Cliffs Inc. The agreement covers USW workers at Cleveland-Cliffs’ Hibbing Taconite Co. near HIbbing and Chisholm, Northshore Mining Co. in Babbitt and…
Technology stocks plunged as traders assessed the implication of a Democratic sweep in the US midterm elections on artificial intelligence. Wall Street experts speak to Bloomberg Television. I think it's a hiccup to the broader market cycle of building these…
Wall Street suffered its worst sell-off since Donald Trump's tariff rollout amid fears the Democrats will derail the AI boom. The Nasdaq 100 plunged more than 6pc on Thursday - the biggest fall since April 2025 - with shares in semiconductor makers the hardest hit.
But AI-linked firms came under pressure amid fears for planned data center projects and renewed scrutiny from Democrats on Capitol Hill. The sector was already under investor scrutiny over the vast sums being spent on new facilities, research and chips,…
Tunisia’s draft budget for 2027 leans on heavy borrowing. Public debt is set to reach 85% of GDP. Tunisia’s draft budget puts public debt at 85% of its annual economic output (GDP) by the end of 2027. Parliament’s finance committees heard the economy minister…
Fears of tighter regulation of artificial intelligence (AI) triggered a sell-off in US technology stocks on Thursday, two days after Democrats scored major victories in congressional elections. Shares in the semiconductor industry were particularly hard hit, having until recently been…
The Oregon Department of Transportation has canceled its longtime lease for an office building in Coquille, choosing to move about a dozen staff in December to the Department of Motor Vehicles building in Coos Bay. The Oregon Department of Transportation…
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