Why UBS just raised its gold forecast again
UBS strategists hiked their forecast for 2026 spot gold prices, seeing a continuation of the tailwainds that have powered a string of record highs in the year to date. The bank kept its end of 2025 target at $3,500 per…
Apple just landed a key win for the global encryption fight
Key Points The U.S. government on Monday announced the U.K. would drop its demand for Apple to provide a “back door” to user data. The move represents a triumph for the iPhone maker and, more broadly, for end-to-end encryption. Tech…
Apple ups India iPhone production as country’s Russia ties irk Trump
Apple has reportedly boosted iPhone production in India as the country faces pressure from the White House over its Russian oil purchases. “We have planned to up the tariffs on India,” Treasury Secretary Scott Bessent told CNBC’s “Squawk Box” on Tuesday….
Intel must give government equity in return for CHIPS funds
Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds. “We should get an equity stake for our money,” Lutnick said on CNBC’s “Squawk on…
Nvidia developing more powerful AI chip for China, report says
The Nvidia booth at the China International Supply Chain Expo in Beijing on July 16, 2025. Florence Lo | Reuters Nvidia said Tuesday that it is evaluating several products following a report that the company is working on a new…
Japan’s July exports drop by 2.6%, steepest plunge in over four years
Owngarden | Moment | Getty Images Japan’s exports plunged 2.6% in July from a year earlier, their steepest drop since February 2021, as shipments to its two largest markets — the United States and China — declined. The fall was…
OpenAI chases growth in India with its cheapest ChatGPT plan, costing $4.6 a month
Jaque Silva | Nurphoto | Getty Images OpenAI on Tuesday launched a subscription plan in India priced at 399 rupees ($4.57) a month, the ChatGPT maker’s most affordable offering yet, as it looks to grow in its second-largest market by…
SoftBank Group shares plunge over 9% as Asian tech stocks track declines in U.S. peers
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22, 2025. Kazuhiro Nogi | Afp | Getty Images Shares Japan’s SoftBank Group plunged as much as 9.2% Wednesday, as technology stocks in…
Expanded tariffs mean extinguishing fires could be costlier
Cargo containers stacked aboard a ship at the Jakarta International Container Terminal in Tanjung Priok Port on Aug. 7, 2025. Str | Afp | Getty Images Tariff-related ruction appears to be settling down, but U.S. President Donald Trump is still reshaping…
UK inflation in July 2025:
The U.K.’s annual inflation rate hit a hotter-than-expected 3.8%in July, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists polled by Reuters had anticipated inflation would reach 3.7% in the twelve months to July, after…
West Virginia governor deploys hundreds of National Guard troops to Washington
Versant to rename MSNBC, drop peacock logos
Weekly mortgage demand stalls again with just miniscule increase in interest rates
Novo Nordisk offers diabetes drug Ozempic for steep cash discount
Musk’s Starlink suffers apparent outage as SpaceX launches satellites