An AI-stock rally powered the Nasdaq to a record close Monday, as investors looked to Big Tech’s third-quarter earnings this month. SpaceX, Nvidia, Meta, and Microsoft all gained, suggesting a kind of “inverse bond trade,” an investor told CNBC: “It’s buy tech, sell everything else.” Demand for compute is strong ...
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US, EU monitoring reports of suspected pneumonic plague in RussiaUS, EU monitoring reports of suspected pneumonic plague in Russia
US and EU officials said on Monday they were closely monitoring a suspected case of pneumonic plague in Russia that killed a lab worker in a Siberian research institute, prompting authorities there to quarantine dozens of people. “We don’t have a lot of intel,” one US health official told The ...
Takaichi tells Japanese investors to ‘rest assured’ amid fiscal worriesTakaichi tells Japanese investors to ‘rest assured’ amid fiscal worries
Japanese Prime Minister Sanae Takaichi told investors to “rest assured” Monday after the country’s 30-year bond yield jumped to an all-time high on concerns over her government’s stimulus plans, though analysts cautioned that a change in rhetoric didn’t equal a change in policy. Despite being “peppered with remarks aimed at… ...
Trump to sign executive order in effort to contain diesel pricesTrump to sign executive order in effort to contain diesel prices
US President Donald Trump is preparing to issue an executive order expanding access to tax-exempt diesel, as he faces mounting pressure to ease near-record fuel prices with less than a month remaining before midterm elections. “Refiners and fuel sellers are likely to absorb almost all of the added benefit,” a ...
Saudi-backed forces recapture key areas around strait from Houthis in YemenSaudi-backed forces recapture key areas around strait from Houthis in Yemen
Government offensive launched under air cover by Saudi military coalition aims to retake all Houthi-held territory Forces of the Saudi-led coalition fighting in Yemen have recaptured several key areas around Bab al-Mandab strait from Iran-backed Houthi rebels, Yemeni officials said on Monday. The officials said forces allied with the internationally ...
Vance wants voters to ‘give us another chance’. But he is cornered | Sidney BlumenthalVance wants voters to ‘give us another chance’. But he is cornered | Sidney Blumenthal
The vice-president’s recent remarks seek to maintain a posture of strength while they inadvertently expose political realities JD Vance has parachuted into the midterm election campaign on a rescue mission in a new guise: a risk management consultant. Speaking in the flat language of the expert hired to identify threats, ...
The surprising, cut-throat race for Los Angeles mayorThe surprising, cut-throat race for Los Angeles mayor
Karen Bass is fighting for her political life as progressives battle to lead the US’s second-largest city Karen Bass has never lost an election. But this fall, she faces the fight of her political life. Bass has roughly a month to convince voters that she should be elected to a ...
Trump says ‘threat’ led US to pull bombers from RAF FairfordTrump says ‘threat’ led US to pull bombers from RAF Fairford
The Pentagon confirmed on Sunday it had removed the B1 bombers from the base in England back to their home stations in America. ...
Author and former politician Jeffrey Archer dies aged 86Author and former politician Jeffrey Archer dies aged 86
His last book, Adam and Eve, is set to release this month. ...
An ‘astonishingly layered’ novel on how history gets toldAn ‘astonishingly layered’ novel on how history gets told
by Rebecca Perry. Perry’s novel, shortlisted for the Booker Prize (and the only debut on the list), tells the story of a young-ish curator who is trying to understand the world of a medieval monarch who had been reluctant to take the throne. Specializing in , the curator seeks to ...