Business

The US needs a new Manhattan Project for fusion energy

If we are to outpace China and own the future of this technology, we must fund it properly

JPMorgan report finds dramatic jump in AI-themed ETFs — despite rough quarter

Wall Street is banking heavily on exchange-traded funds that give investors artificial intelligence exposure, according to JPMorgan Asset Management.

Oil surges past $100 in a first since May as Middle East conflicts rage

Oil prices rise for a fifth day after Yemen's Houthis say they struck Saudi Arabian oil tankers in the Red Sea.

The rising cost of capital for companies today is starting to spook the stock market

Alphabet says it plans to throw even more money at the AI build-out. The Iran war, oil back at $100 a barrel and rising bond yields make it all the more difficult for the market to stomach.

The Treasury market is flashing a warning sign for home buyers. Are 7% mortgage rates next?

The 30-year fixed-rate mortgage edged up to its highest level of 2026.

Congress splits on war powers resolutions to force Trump to abandon Iran war

Trump would be nearly certain to veto any measure to curtail his ability to wage war with Iran.

Poland's debt climbs above €500bn as borrowing reaches record pace

Poland is now among the fastest-indebting countries in the European Union. According to the latest Eurostat data, only Finland and Bulgaria recorded a larger increase in the public debt-to-GDP ratio in the first quarter of 2026.

AMD Unveils New Products in Pursuit of $2 Trillion Market

Advanced Micro Devices Inc. announced a raft of new products for data centers that it said will outperform those from rival Nvidia Corp., aiming to make gains in a booming market for artificial intelligence computing.

Heat Worries US Wheat Farmers Just as Crop Prices Are Surging

For farmers in North Dakota surveying their wheat as harvest closes in, scorching heat is threatening yields just as crop prices rise to a three-year high.

White House trails announcement on tariffs amid reports of new duties

Trump officials say they will announce next phase of US trade policy as 10% global tariffs are due to expire on Friday Donald Trump’s administration will unveil the latest stage of his aggressive trade policy on Thursday, the White House…

Magnificent 7 Loses $767 Billion as AI Skeptics Dump Tech Stocks

The Magnificent Seven group of megacap technology stocks is on track for its biggest one-day drop since the tariff tantrum in April 2025 as results from Alphabet Inc. and Tesla Inc. are casting doubt on the durability of the artificial…

France opposes EU approval of Tesla's FSD driver assistance software for now