US Treasury yields fall as investors track Middle East tensions, await US jobless claims data

US Treasury yields fall as investors track Middle East tensions and await jobless claims data. (Bloomberg)

US Treasury yields fell on Thursday as investors kept a close watch on rising tensions in the Middle East and waited for fresh US jobless claims data due later in the day. The decline in Treasury yields also came amid a broader move away from riskier assets in stock markets. US Treasury yields fall as … Read more

AI-powered hackers exploit PHP flaw as Europe takes government websites offline; NSA warns of cyberattack risks

AI-powered hackers exploit PHP security flaws as European government websites go offline. (Pexel)

Government websites across Europe were taken offline on Wednesday as cybersecurity experts raised concerns about serious security flaws in PHP, a programming language used by millions of websites. The move came as the US National Security Agency (NSA) warned organisations to install security updates immediately or take their servers offline. AI-powered hackers exploit PHP security … Read more

P&G raises 2027 cost outlook to $1.4 billion as higher oil prices squeeze profits

P&G raises its 2027 cost outlook as higher oil prices and transport costs put pressure on profits. (Pexel)

Procter & Gamble (P&G), the company that makes Tide detergent and Pantene shampoo, warned on Thursday that rising raw material, energy and transportation costs could reduce its annual profit by more than expected. However, strong demand for its beauty and home-care products helped the company report better-than-expected sales for the first quarter. P&G raises its … Read more

Documentary claims late South Carolina Senator Lindsey Graham paid for sex with men

A picture taken on July 10 shows U.S. Senator Lindsey Graham speaking to the media after his meeting with Ukraine's President Volodymyr Zelenskiy. (REUTERS)

Four months after the death of South Carolina Senator Lindsey Graham, the late Republican’s personal life has once again become the center of a political storm. A picture taken on July 10 shows U.S. Senator Lindsey Graham speaking to the media after his meeting with Ukraine’s President Volodymyr Zelenskiy. (REUTERS) On Thursday, The Young Turks, … Read more

AI stocks tumble as Nasdaq, S&P 500 fall and oil hits five-month high amid Iran war fears

AI stocks fall as oil prices hit a five-month high amid Iran war fears, dragging global markets lower. (Representative)

Stocks linked to artificial intelligence (AI) fell sharply on Thursday, dragging stock markets across the world lower. At the same time, oil prices climbed to their highest level in five months as investors worried about the war involving Iran and its impact on global energy supplies. AI stocks fall as oil prices hit a five-month … Read more

BioWare to shut down as EA halts next Mass Effect game development amid job cuts

Electronic Arts (EA) is shutting down BioWare. (Bloomberg)

Electronic Arts (EA) is shutting down BioWare, the studio behind some of gaming’s most celebrated role-playing franchises, and ending early development on the next Mass Effect game. The move is part of a wider restructuring that will eliminate around 400 jobs, or roughly 3% of EA’s workforce, according to Bloomberg. Electronic Arts (EA) is shutting … Read more

Controlled burn near Aurora, Colorado; smoke visible from Denver airport

Fire breaks out in Aurora, Colorado. (Representative)

Thick smoke was seen rising over Aurora, Colorado, and was visible from Denver International Airport on Wednesday. Fire breaks out in Aurora, Colorado. (Representative) Photos and videos posted by witnesses on social media showed large plumes of smoke. Planned prescribed burn Initial reports suggested the activity could be linked to a planned prescribed burn at … Read more

2027 Green Card Lottery reopening faces another setback as Trump makes major move: Details here

A federal judge ordered the State Department to restore the 2027 Diversity Visa lottery after its registration period failed to open. (X/@unumihaimedia)

The Trump administration has filed an appeal against a federal judge’s directive mandating that the State Department reinstate the 2027 Diversity Visa lottery and has concurrently requested that the judge suspend the directive pending the appellate review, as per Newsweek. A federal judge ordered the State Department to restore the 2027 Diversity Visa lottery after … Read more

OpenAI expands ChatGPT ads globally and sells GPT-6 Astra models through Google Cloud to enterprise customers

OpenAI expands ChatGPT ads globally and brings GPT-6 Astra models to Google Cloud. (Unsplash)

OpenAI is expanding ChatGPT ads to more countries while also making its advanced artificial intelligence (AI) models and Codex coding agent available through Google Cloud. These moves are aimed at reaching more advertisers and business customers. OpenAI expands ChatGPT ads globally and brings GPT-6 Astra models to Google Cloud. (Unsplash) OpenAI began testing advertisements on … Read more

Russia frees retired US schoolteacher in goodwill gesture as Putin meets Witkoff

Russia frees retired US schoolteacher in goodwill gesture as Putin meets Witkoff

ST PETERSBURG, Russia, – Russia freed Stephen Hubbard, a 74-year-old retired US schoolteacher in custody since 2022, from prison on Wednesday and took him to St Petersburg to fly back to the United States, after talks that Washington said were a step toward ending the war in Ukraine. Russia frees retired US schoolteacher in goodwill … Read more