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A US Army general says he had a change of heart about high-flying balloons after seeing them in action 0
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- October 16, 2026
The US Army is looking to expand its use of high-altitude balloons as the service builds out its capabilities near and in outer space. These balloons operate in the stratosphere, roughly 60,000 to 100,000 feet above Earth, the space in between where conventional aircraft fly and satellites. Army officials say they see an opportunity to
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AI agent company Decagon has held early M&A talks and hired a banker 0
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- October 14, 2026
Update: This story has been updated to reflect that ServiceNow says it is no longer in talks with Decagon. Buzzy AI agent startup Decagon could be the latest company swept up in a growing wave of AI dealmaking. The company, which was last valued at $4.5 billion earlier this year, has hired a bank to
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The economy has undergone a structural transformation that ended the low-cost era. ‘The regime change in inflation and interest rates is the outcome’ | Fortune 0
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- September 21, 2026
President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say. The economy is growing steadily despite being hit with repeated shocks — and may even be accelerating — while inflation remains stubbornly
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‘Bond King’ Jeff Gundlach warns markets are on a ‘collision course’ with higher interest rates 0
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- September 18, 2026
The “Bond King” has a word of warning for investors: beware of higher interest rates. Jeff Gundlach, the veteran fixed-income investor and CIO of DoubleLine Capital, laid out his latest outlook for markets at an event in Manhattan on Thursday. Treasury yields have spiked to nearly two-decade highs in recent weeks, but rates have the
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Japan raises interest rate to new 31-year high to curb rising prices 0
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- September 18, 2026
Japan’s central bank has raised its main interest rate to a fresh 31-year high as it continues to move away from decades of ultra-low borrowing costs and as the country faces increasing economic pressures. In a widely expected move on Friday, the Bank of Japan (BOJ) increased the rate from 1% to 1.25% – a
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US interest rates raised for first time in three years 0
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- September 16, 2026
When he was confirmed, Democratic lawmakers had said Warsh would be Trump’s “sock puppet” and many Fed watchers expected him to carry out Trump’s persistent demands to slash rates. Trump had been heavily critical of Warsh’s predecessor Jerome Powell for not cutting them. Asked on Wednesday about the message the rate hike sent to Trump,
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