Business
The International Monetary Fund said artificial intelligence is reshaping investment, productivity and labor markets while creating new challenges for economic policymakers. The IMF’s 2026 Annual Report said AI-related technology investment added an estimated 0.5 percentage point to U.S. GDP growth
The International Monetary Fund said artificial intelligence is reshaping investment, productivity and labor markets while creating new challenges for economic policymakers. The IMF’s 2026 Annual Report said AI-related technology investment added an estimated 0.5 percentage point to U.S. GDP growth
Oil prices dropped sharply Monday as Brent crude closed at its lowest level in nearly two weeks. November Brent settled at $100.34 a barrel, losing $3.53, or 3.4%. October West Texas Intermediate fell $4.52, or 4.51%, to $95.78 a barrel.
India warned Washington that proposed tariffs on countries purchasing Russian crude oil could harm bilateral relations and disrupt global commodity trade. The statement followed the passage of the Sanctioning Russia and Iran Act of 2026 by the United States House
U.S. stocks closed lower Wednesday after the Federal Reserve raised interest rates by 25 basis points. The increase lifted the federal funds target range to 3.75% to 4.00%. The Dow Jones Industrial Average fell 631.21 points, or 1.21%, to 51,461.90.
The U.S. dollar climbed to a seven-week high on Thursday after the Federal Reserve raised interest rates for the first time in more than three years. The dollar index reached 100.36 against its major peers after gaining 0.7% overnight. That
The Federal Reserve concluded its scheduled two day monetary policy meeting on Wednesday, maintaining its key interest rate benchmark target range while releasing updated quarterly economic projections. The decision by the Federal Open Market Committee reflects ongoing evaluations of national
Costco has raised the online price of its Kirkland Signature full synthetic motor oil to $57.99 for a 10-quart case. The package contains two 5-quart bottles and comes in several common viscosity grades. Costco now limits members to one transaction
The benchmark 10-year U.S. Treasury yield briefly climbed above 5% on Monday, returning to a level last touched in October 2023. Before that episode, it had not traded firmly above 5% since 2007. The yield later retreated, and the U.S.
U.S. stocks closed lower Monday as artificial intelligence shares and chipmakers fell sharply. The S&P 500 lost 0.5% to 7,619.98. The Dow Jones Industrial Average dropped 152.09 points, or 0.3%, to 52,421.20. The Nasdaq Composite fell 0.6% to 26,186.41. Losses
Prime Minister Mark Carney outlined a reinforced federal agenda to accelerate domestic manufacturing and secure supply chain independence in response to U.S. trade restrictions. The plan incentivizes domestic capital allocation, supports critical infrastructure, and expands non-U.S. export routes to maintain
Brent crude remained above $100 a barrel on Friday as supply disruptions continued to tighten the global oil market. Brent futures traded at $105.62 a barrel by 0555 GMT, down 1.9% from the previous close. U.S. West Texas Intermediate crude
News
Grand Teton National Park staff euthanized a black bear near Delta Lake after repeated access to human food changed its behavior. The park said the animal repeatedly approached visitors and became unusually difficult for wildlife staff to drive away. Managers
At least seven individuals have lost their lives due to severe storms and extensive flooding across Indiana. The heavy rainfall caused rivers to overflow their banks and inundated roads, residential areas, and commercial properties. The weather system initiated on August
More than 3,000 federal lawsuits alleging that social media platforms create addictive experiences can proceed after an appeals court dismissed an early objection. The 9th U.S. Circuit Court of Appeals dismissed appeals from Meta Platforms and TikTok on Aug. 10.
A magnitude 5.0 earthquake struck near Alaska’s Aleutian Islands on Saturday evening, with the epicenter southeast of Atka. The Alaska Earthquake Center recorded the quake at 7:36 p.m. Alaska Daylight Time on August 8. That was 03:36 UTC on August
China tightened export controls on certain drones and related technology bound for the United States on August 5. The move formed part of a broader package of countermeasures covering American entities, product certification and imported office equipment. China’s Ministry of
Three fast-moving wildfires near Spokane have destroyed at least 700 structures and displaced tens of thousands of residents. The Old Trails, Autumn Lane and Fairview fires have burned more than 8,000 acres across Spokane County since Aug. 1. Emergency officials
Venezuela’s earthquake death toll has risen to 3,342, according to updated government figures, after twin earthquakes struck northern Venezuela on June 24. The Venezuelan information ministry said 16,470 people suffered injuries and 17,345 people lost their homes. Rescue crews continued
Gunfire wounded eight people, including four children, during a Fourth of July cookout in Brooklyn’s Coney Island neighborhood, police said. The shooting happened late Saturday in a courtyard near the Coney Island boardwalk. New York Police Department officials said the
Venezuela’s earthquake death toll has risen to 2,645 after twin quakes struck the country on June 24, authorities said. The disaster injured more than 12,000 people and left about 15,000 homeless. The Communication and Information Ministry released the latest figures
Three California drivers filed a proposed class action on June 22 accusing major fuel retailers and pricing software provider Kalibrate of using artificial intelligence to raise gasoline prices across the state. The complaint in U.S. District Court in Sacramento says
Twelve people died Sunday when a skydiving plane crashed shortly after takeoff from Butler Memorial Airport in western Missouri. The dead included 11 skydivers and the pilot. Authorities said there were no survivors. The crash happened near Butler, about 65
UN Secretary-General António Guterres has demanded the immediate and unconditional release of 73 United Nations personnel held by the Houthis in Yemen. The demand came as the United Nations marked two years since a June 2024 wave of detentions. Guterres also
Sports
Ford Motor Co. is recalling 419,967 vehicles in the United States because front seat belt retractor pretensioners may deploy inadvertently, leaving belts locked and unable to retract or extend properly, according to the National Highway Traffic Safety Administration. The recall
MENA Newswire, ATLANTA: Mercedes-Benz USA has unveiled the 2027 S-Class Sedan as a major update to its flagship luxury sedan, adding new lighting signatures, a revised cabin technology stack and expanded personalization choices. The automaker said the model introduces an illuminated front grille
MENA Newswire, DETROIT: Ford Motor Co. is recalling about 119,000 vehicles in the United States after federal safety regulators said a defect in certain engine block heaters can raise the risk of an under-hood fire when the heater is plugged in. The recall
WASHINGTON, October 9, 2025: U.S. auto safety regulators have opened a formal investigation into nearly 2.9 million Tesla vehicles equipped with the company’s Full Self-Driving (FSD) system following reports of traffic violations and multiple crashes involving the software. The National
Nissan Motor Corporation has unveiled a new self-driving technology system designed to operate on complex urban streets, marking a significant development in its ongoing efforts to expand autonomous driving capabilities. The Japanese automaker conducted a live demonstration in central Tokyo
Technology
OpenAI has started working with an independent panel of mathematicians on standards for AI-generated mathematical research. The Advisory Group on Mathematics and Artificial Intelligence operates through the Institute for Advanced Study in Princeton. Its mandate includes the presentation, review and
Khalilur Rahman, president of the 81st United Nations General Assembly, called for a faster global response to artificial intelligence. Speaking at the opening of the General Debate, he said the UN risks falling behind rapid technological change. Rahman urged governments
OpenAI has introduced a formal framework for tracking, investigating and disclosing cases of unexpected or unauthorized artificial intelligence behavior. The company released the framework on September 16 alongside six reports covering model misalignment observed during training or evaluation. OpenAI said
Apple has introduced the iPhone Duo, the company’s first foldable iPhone, with U.S. pricing starting at $1,999. The device opens to reveal a 7.6-inch inner display and includes a 5.4-inch outer screen for one-handed use. Apple says the inner panel
Apple has unveiled the iPhone 18 Pro and iPhone 18 Pro Max with new camera hardware, faster processing and longer battery life. The models introduce a 48-megapixel Fusion Main camera with variable aperture. They also feature the A20 Pro processor
Lifestyle
TOKYO, November 13, 2025: Apple and ISSEY MIYAKE have announced a new collaboration called iPhone Pocket, a 3D-knitted wearable accessory designed to hold an iPhone and other small items. The product, which combines the Japanese fashion brand’s textile innovation with Apple’s design precision,
Fresha, a leading global booking platform for lifestyle services, announced today that it has secured a $31 million investment from JP Morgan to enhance its machine learning and AI-driven robotics capabilities. This financial backing will enable Fresha to innovate further
Adidas Originals and Highsnobiety, a prominent platform in fashion, design, and culture, have announced the launch of their limited-edition HIGHArt Campus sneaker. This collaboration represents a fusion of art and style, as Highsnobiety’s HIGHArt, an online showcase of products and stories, inspires
In a world where we are inundated with options for almost everything, the name Starbucks stands out as the epitome of coffee culture, connecting billions of people across diverse geographies. How did a single coffeehouse chain from Seattle gain the global notoriety
On August 23, which would have been Kobe Bryant’s birthday, Nike released a revamped classic: the Kobe 8 Protro Halo. This shoe isn’t just another pair of kicks — it’s a tribute to a basketball legend and his “Black Mamba” identity. The release was
Fashion is not merely an industry, but a reflection of society’s heartbeat at any given point in history. From the streets of Paris to the runways of Milan, fashion is a universal language spoken with fabrics, patterns, and trends. But
Global Sports Brand Targets Goal of $3 Billion
/ U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Spring-Summer Collection for 2023. The brand’s global photo shoot took place in historic Santa Barbara, Calif., known for its spectacular weather, beautiful vineyards,
The world’s most immersive mega-coaster, Mission Ferrari, will debut at Ferrari World Abu Dhabi on 12th January, 2023. As a result of this new addition, the World’s Leading Theme Park will offer even more Ferrari-inspired rides and attractions for adults
Southern California interior designer and popular lifestyle influencer Becki Owens has launched her home furnishings line, Becki Owens Living beckiowensliving.com. Owens created this custom collection of over 1000 pieces across 40 categories – from furniture to lighting to home décor