RBA Lifts Cash Rate to 4.60%, a 15-Year High: What It Means for Mortgages and Savings
Australian borrowers face another rise in repayments after the Reserve Bank of Australia lifted its cash rate by 25 basis points to 4.60% on Tuesday....
Author : Rohan Kumar
Wall Street Slides as Treasury Yields and Oil Climb, Dragging Asian Markets Lower
Wall Street ended lower on Monday as a fresh climb in Treasury yields and a spike in oil prices revived worries about inflation and further...
OpenAI Scraps GPT-6.1 Astra Release After Model Fails Internal Safety Tests
OpenAI has shelved the release of its newest artificial-intelligence model after internal testing showed it did not meet the company’s own safety standards. It is...
AMD to Buy Fei-Fei Li’s World Labs in $8.2 Billion All-Stock Deal
Advanced Micro Devices has agreed to buy World Labs, the artificial-intelligence research company founded by Fei-Fei Li, in an all-stock deal valued at about $8.2...
Gold Slides to Seven-Week Low as Treasury Yields Reach Highest Level Since 2007
Gold suffered its steepest one-day retreat in weeks on Monday, sliding to a seven-week low as a jump in US government borrowing costs and growing...
Mortgage Rates Top 7% as Treasury Yields Climb After Fed Rate Hike
Anyone hoping for cheaper home loans this autumn received another setback as mortgage rates moved above 7 percent, driven by a surge in Treasury yields...
Wall Street Set for Softer Open as Iran Tensions Lift Oil and Yields
Wall Street is heading for a softer start to the week after Friday’s rally, with rising crude prices, higher Treasury yields and renewed Middle East...
Nvidia Launches Open Agent Safety Platform to Keep AI Agents Contained
Nvidia on Monday unveiled a combined software and hardware system designed to keep autonomous AI agents inside defined limits. It arrives weeks after several leading...
Nvidia Adds $150 Billion to Share Buyback in Largest Increase on Record
Nvidia has delivered one of the boldest signals of corporate confidence the technology industry has produced, announcing on Monday that its board approved a $150...
Oil Surges as Trump Rejects Iran’s Hormuz Offer, Lifting Bond Yields
Oil prices climbed sharply on Monday after U.S. President Donald Trump rejected a conditional Iranian offer to reopen the Strait of Hormuz, reviving fears that...