Business

‘Yolo caucus’ members jeopardise Blanche’s confirmation as US attorney-general

Move marks latest instance of some Republican senators standing up to Donald Trump

Namibia: Namibia Survives Trump's Sweeping Tariffs

[New Era] Namibia has survived a dreadful external economic shock after the country was excluded from the list of seven African countries that are facing President Donald Trump's latest 12.5% tariff hit on goods entering the United States.

Mortgage rates jump to their highest level in a year and show few signs of falling

The Federal Reserve on Wednesday kept its benchmark interest rate steady, but political and economic developments are pushing mortgage rates higher.

Cramer sees a 'sure signal to buy' stocks. Plus what we want from Amazon's results

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Blackstone Said to Buy $25 Billion HSBC Australia Home Loan Book

Blackstone Inc. has agreed to acquire an about A$36 billion ($25 billion) home loan portfolio in Australia from HSBC Holdings Plc, people familiar with the matter said, in what’s set to be one of the largest such transactions ever.

Womenswear Firm Reformation Opens Flat After $210.9 Million IPO

Reformation Inc., a sustainable womenswear brand backed by private equity firm Permira, opened at its IPO price in its trading debut Thursday, after the company raised $210.9 million in a listing that priced at the bottom of its marketed…

Floundering A.I. Hedge Fund Is Rescued by Rival

The once-high flying fund, Situational Awareness, has been bailed out by Kenneth Griffin’s Citadel, according to three people briefed on the transaction.

OpenAI's Sam Altman to discuss voluntary AI safety tests with Trump officials after agent went rogue

Amazon on deck to report earnings after the bell with cloud, capex in focus

Amazon projected its 2026 capex will reach $200 billion, and some analysts believe the total could rise in the face of surging artificial intelligence demand.

Worldline cuts revenue growth forecast as bank contract delays slow recovery

As Hong Kong ages and life goes digital, Hang Seng’s Silver Academy helps seniors stay active, connected and confident

[The content of this article has been produced by our advertising partner.] In a city that moves fast, it’s easy to miss a quiet reality: many older people are being asked to navigate a digital world that wasn’t built with them in mind…

Samsung, SK Hynix Answer AI Doubters With Big Numbers and Deals

In a remarkable week, the titans of the near-$1 trillion global memory industry smashed profit records. But they were unable to reverse a market rout that’s erased much of their stocks’ gains this year.