Tag: Finance

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Erdogan rounds up position, Turkish lira strikes the worst

Turkey's currency, the lira, experienced a fresh round of record lows against the US dollar on Monday, while the stock market rallied, following President...

US debt-cap pact is being judged by hushed voices; markets oblige

A small group of Republican lawmakers from the hard-right wing have announced their opposition to a proposed agreement to increase the United States' debt...

Debt pact’s ideal route to the Fed; Congress in sight

Democratic President Joe Biden and the leading Republican in Congress, Kevin McCarthy, have come to a consensus to enact a temporary halt on the...

US debt cap zeroes in on low-spirited spending up front

The key focus of the debt-ceiling negotiations between President Joe Biden and House Republican Kevin McCarthy centres around "discretionary spending," which refers to the...

Priv equity increases loans as US banks vehemently decrease it

Due to the volatility that U.S. regional banks are currently experiencing, some lenders have pulled back, making room for investors like asset management, private...

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China’s AI Stock Boom Collapses as $480 Billion in Market Value Is Wiped Out

China’s artificial intelligence and semiconductor stocks have suffered a...

Trump Says US Crackdown Has Prevented Billions in Losses From Overseas Scams

US President Donald Trump said his administration has made...

Palantir Assures Europe NATO’s Military AI System Cannot Be Switched Off Amid US Technology Concerns

US software company Palantir Technologies has sought to ease...

Anthropic Reports $80.7 Billion First-Half Loss as AI Infrastructure Costs and IPO Scrutiny Intensify

Anthropic, the San Francisco-based artificial intelligence company behind the...

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