Oil prices fell on Monday as hopes of peace talks between the United States and Iran eased fears of further military action in the Middle East. However, continued attacks on Saudi Arabia, a major oil producer, kept investors worried about possible disruptions to global oil supplies. Oil prices fall as US-Iran peace talks ease tensions, … Read more
Shares of major neocloud companies fell on Monday after Elon Musk warned that more than 200 companies in the artificial intelligence (AI) infrastructure sector could collapse. The warning added to investor concerns about rising debt and the high cost of building AI data centres. Neocloud stocks fall as Elon Musk warns of AI company failures … Read more
US mortgage rates fell for the first time in more than two months. However, the small drop has not encouraged more people to apply for home loans, as borrowing costs remain high. Mortgage rates are still close to their highest levels in several years. US mortgage rates fall, but homebuyer demand drops 7% amid high … Read more
Norway’s sovereign wealth fund, the largest in the world, reported a loss of nearly $30 billion in the third quarter of 2026. The loss came as rising interest rates reduced the value of its bond investments. Norway’s $2.3 trillion sovereign wealth fund reports a $29.7 billion loss in Q3 2026. (Pexel) The fund recorded a … Read more
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
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
Oil prices rose by more than $2 a barrel on Wednesday as tensions between Iran and the United States deepened. Prices also received support from a fall in US crude oil and fuel inventories. Oil prices rise as Iran-US tensions deepen and US crude oil inventories fall. (Pexel/Representative image) (Pexel) Brent crude prices moved closer … Read more
Mortgage applications in the US declined last week even though mortgage rates dropped slightly. The Mortgage Bankers Association’s (MBA) seasonally adjusted index showed that total mortgage applications dropped 5.3% from the previous week. US mortgage applications fall 5.3% as 30-year mortgage rates drop to 7.41%. (AP) The average interest rate on 30-year fixed-rate mortgages with … Read more
A United States Air Force Airman Technical Sergeant Ian Patterson has been identified as the man who died after descending more than 150 feet from the stadium’s rafters. Technical Sergeant Ian Patterson died following a fall during a fast-rope demonstration at the Alamodome. (X@Oceanbreeze473) The Air Force service member succumbed to his injuries following a … Read more
Bitcoin rose above $82,000 on Monday as falling oil prices helped improve investor confidence in risky assets. The world’s largest cryptocurrency recovered after falling last week. Bitcoin rises above $82,000 as oil prices fall and investor confidence improves. (REUTERS/ Representative) Bitcoin climbed as much as 2.3% during early Asian trading. It was trading at around … Read more