HONG KONG — World shares mostly advanced on Thursday despite Wall Street closed lower following the Federal Reserve’s interest rate hike decision for the first time in three years. The quarter of a percentage point increase brings the Fed’s key rate to a target range of 3.75%-4.00%, as it attempts to control U.S. inflation that’s
For months, Wall Street debated whether AI spending had become too much, too fast. Now, after calls by some of the industry’s biggest names to slow frontier AI development, investors are asking whether AI spending could slow, too. “Does a “pacing slowdown” necessarily imply a spending slowdown? We don’t think so,” Bernstein analysts wrote Monday,
MARFA, Texas — Landowners, ranchers and business owners in the Big Bend region of Texas along with a nonprofit organization dedicated to protecting the region’s landscape and heritage are suing to stop the Trump administration’s plans to build a wall and other border infrastructure through the remote section of the state. The lawsuit, filed by
Stan Choe Updated September 15, 2026 — 6:31am,first published 5:10am Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA Artificial-intelligence stocks slid worldwide after leaders of the industry warned a slowdown is needed for the safety of humanity. Another jump in oil prices, meanwhile,
Andrew Scott is set to reprise his starring role in the one-man play “Sea Wall.” The production of the limited run — it will play 19 performances at Studio Seaview in New York from Oct. 16 to Oct. 30 — will be filmed for a feature adaptation. The 30-minute monologue play was written for Scott
The Federal Reserve’s hiking cycle suddenly looks alive again. Wall Street was already growing nervous. Oil had pushed back above $100, bond yields were surging, the AI capital-expenditure boom continued to add pressure to credit markets, and Thursday’s producer-price report—which feeds into the Fed’s preferred inflation gauge—came in surprisingly hot. But Chair Kevin Warsh’s ambiguity
