raise

US midterms weather alert: Thunderstorms, heavy rains and flood risks raise voting concerns in six states – tornado watch issued

by
Water rises on the Florida River after a series of storms on Monday, Nov. 2, 2026, in Durango, Colo. (AP Photo/Gregory Bull) (AP Photo/Gregory Bull)

A powerful storm system is threatening to disrupt voting in parts of the United States as millions of Americans prepare to cast their ballots in Tuesday’s 2026 midterm elections. Severe thunderstorms, heavy rainfall and possible flash flooding have placed several regions under weather alerts, raising concerns about travel conditions and access to polling stations. Water … Read more

Oracle to raise $20 billion through bond and share sales for AI expansion as shares fall nearly 6%

by
Oracle plans a $20 billion fundraising to support its AI and cloud infrastructure expansion. (REUTERS)

Oracle plans to raise $20 billion from investors through a combination of bond and share sales, according to regulatory filings released on Monday. The software company plans to use the money to support its expensive artificial intelligence (AI) and cloud infrastructure expansion. Oracle plans a $20 billion fundraising to support its AI and cloud infrastructure … Read more

Oil prices fall over 4% as US-Iran peace talks raise hopes of easing Middle East supply disruptions

by
Oil prices fall as US-Iran peace talks raise hopes of easing Middle East supply disruptions.

Oil prices fell more than 4% on Monday, November 2, as hopes of a possible peace deal between the United States and Iran reduced fears of further disruptions to oil supplies from the Middle East. Investors reacted to reports of diplomatic talks between Iranian and Qatari officials aimed at ending the ongoing US-Israeli war on … Read more

Nvidia to invest $3 billion in Meta as social media giant plans to raise $95 billion for AI infrastructure expansion

by
Nvidia and Meta expand their AI partnership as Nvidia plans a $3 billion investment in Meta. (REUTERS)

Nvidia will invest $3 billion in Meta. The chipmaker announced the investment on Tuesday, October 27, as Meta increases its spending on artificial intelligence (AI) infrastructure. Nvidia and Meta expand their AI partnership as Nvidia plans a $3 billion investment in Meta. (REUTERS) Meta plans to raise $95 billion to fund AI investments. The social … Read more

Oil prices rise as Iran talks, Houthi attacks and Middle East tensions raise supply concerns

by
Oil prices rise as Middle East tensions and supply risks keep markets on edge. (Pexel/Representative image) (Pexel)

Oil prices rose slightly on Tuesday as investors waited for the outcome of diplomatic talks in Tehran, Iran. Renewed attacks by Yemen’s Houthi group on Saudi Arabia also raised concerns about risks to oil supplies. Oil prices rise as Middle East tensions and supply risks keep markets on edge. (Pexel/Representative image) (Pexel) Brent crude futures … Read more

US mortgage rates may stay above 7% through 2027 as inflation, government borrowing and AI spending raise costs

by
US mortgage rates may remain above 7% through 2027 amid inflation and rising borrowing costs. (Pexel/Representative image) (Pexel)

US mortgage rates may remain above 7% through 2027. Major housing groups expect mortgage rates to stay high for an extended period, making home loans expensive for Americans who want to buy houses. Fannie Mae forecasts that mortgage rates could average 7.5% in 2027, while the Mortgage Bankers Association expects rates to remain above 7% … Read more

Why are oil prices surging above $104? Hormuz attacks and Hurricane Isaias raise supply fears

by
Oil prices rise above $104 as Hormuz attacks and Hurricane Isaias fuel supply fears. (Pexel/Representative image) (Pexel)

Oil prices jumped sharply on Thursday as fears grew about global oil supplies. The main concern is that attacks on oil tankers in the Strait of Hormuz are reducing the number of ships using the important waterway. The rise in attacks has increased worries about whether enough oil can reach global markets. Oil prices rise … Read more

US jobless claims below 200,000 for 3rd week as layoffs fall: Will Fed raise rates?

by
US jobless claims stay below 200,000 for three weeks as markets assess the Fed's next rate move. (Pexel/Representative image) (Pexel)

New applications for US unemployment benefits fell last week, showing that layoffs remain low despite rising costs and economic uncertainty. The latest data suggest that the US labour market is still stable, even as companies remain careful about hiring new workers, according to a report from the US Labor Department. US jobless claims stay below … Read more

World’s “grumpiest cat” moved into a Ladakh couple’s home with 3 kittens; family gave up their house so she could raise them

by
World’s “grumpiest cat” moved into a Ladakh couple’s home with 3 kittens; family gave up their house so she could raise them

Image: Puskar Basu/ Discover Wildlife A remarkably elusive Pallas’s cat has chosen an unexpected nursery in the high-altitude village of Hanle in Ladakh. The female entered a local couple’s home through an open window and settled there with three kittens. Farmer Tsering Topgyal and his wife, Palmo, alerted the Forest Department after discovering the wild … Read more

At age 6, Grace Hendrian opened a lemonade stand hoping to raise $10 for the Salvation Army; seven summers later, she and sister June closed the project after turning that tiny goal into about $55,000

by
At age 6, Grace Hendrian opened a lemonade stand hoping to raise $10 for the Salvation Army; seven summers later, she and sister June closed the project after turning that tiny goal into about $55,000

What began as a simple goal for a six-year-old to raise $10 for charity has now come to an end, leaving the local community with tens of thousands of dollars in charitable support. Grace Hendrian and her younger sister, June, have finished the final season of their “Lemon-Aid Stand for Good” in Quincy, Illinois. What … Read more