Prices of major commodities rose on Wednesday with gold breezing past the $4,000-per-ounce mark for the first time ever. Investors in the oil market shrugged off fears of oversupply with prices rising more than 1%. Silver and copper prices were also higher on Wednesday. Gold zooms past $4,000 Spot gold reached an unprecedented high of
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Prices of major commodities rose on Wednesday with gold breezing past the $4,000-per-ounce mark for the first time ever. Investors in the oil market shrugged off fears of oversupply with prices rising more than 1%. Silver and copper prices were also higher on Wednesday. Gold zooms past $4,000 Spot gold reached an unprecedented high of
20OpenAI has said that suspected Chinese government-linked users attempted to use ChatGPT to design proposals and marketing materials for mass-surveillance tools, including systems to monitor Uyghurs and scan social media for political or religious speech. In a newly released threat-intelligence report titled “Disrupting Malicious Uses of Our Models,” OpenAI outlined multiple cases in which accounts
OpenAI has said that suspected Chinese government-linked users attempted to use ChatGPT to design proposals and marketing materials for mass-surveillance tools, including systems to monitor Uyghurs and scan social media for political or religious speech. In a newly released threat-intelligence report titled “Disrupting Malicious Uses of Our Models,” OpenAI outlined multiple cases in which accounts
20President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets. Trump also said he would start charging a 30% tariff on upholstered furniture next week. He
President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on imported branded drugs, 25% tariff on imports of all heavy-duty trucks and 50% tariffs on kitchen cabinets. Trump also said he would start charging a 30% tariff on upholstered furniture next week. He
20US stocks edged lower on Tuesday as investors weighed the prospect of a federal government shutdown against an otherwise strong September for equities. The Dow Jones Industrial Average hovered just below the flatline, while the S&P 500 and the Nasdaq Composite each slipped 0.1%. Shutdown risks have added to broader concerns about a slowing labour
US stocks edged lower on Tuesday as investors weighed the prospect of a federal government shutdown against an otherwise strong September for equities. The Dow Jones Industrial Average hovered just below the flatline, while the S&P 500 and the Nasdaq Composite each slipped 0.1%. Shutdown risks have added to broader concerns about a slowing labour
20Data center stocks have done well in the past few years as demand for computing powers jumped. This growth may continue in the coming years as analysts predict robust spending in the industry. For example, Citigroup analysts predicted that the AI industry will need to spend over $2.8 trillion by 2029. Other studies have delivered
Data center stocks have done well in the past few years as demand for computing powers jumped. This growth may continue in the coming years as analysts predict robust spending in the industry. For example, Citigroup analysts predicted that the AI industry will need to spend over $2.8 trillion by 2029. Other studies have delivered
20President Donald Trump on Saturday announced Israel has agreed to the ‘initial withdrawal line’ in Gaza, which the U.S. has shared with Hamas. Pending Hamas confirmation, the agreement will trigger an immediate ceasefire and exchange of Israeli hostages and Palestinian prisoners. ‘After negotiations, Israel has agreed to the initial withdrawal line, which we have shown
President Donald Trump on Saturday announced Israel has agreed to the ‘initial withdrawal line’ in Gaza, which the U.S. has shared with Hamas. Pending Hamas confirmation, the agreement will trigger an immediate ceasefire and exchange of Israeli hostages and Palestinian prisoners. ‘After negotiations, Israel has agreed to the initial withdrawal line, which we have shown
19The European Union is planning to significantly raise tariffs on steel imports, proposing to hike the rate to 50%, a Bloomberg report said on Thursday. The proposed moves aligns the EU’s stance with the United States, which has already imposed heavy tariffs to counter overcapacity and dumping of cheap steel, particularly from China. Currently, the
The European Union is planning to significantly raise tariffs on steel imports, proposing to hike the rate to 50%, a Bloomberg report said on Thursday. The proposed moves aligns the EU’s stance with the United States, which has already imposed heavy tariffs to counter overcapacity and dumping of cheap steel, particularly from China. Currently, the
19House Speaker Mike Johnson, R-La., said Republicans are winning the messaging war over the ongoing government shutdown and urged his conference to keep the heat on congressional Democrats during a private call with lawmakers on Saturday. The call came on the fourth day of the shutdown, a day after Senate Democrats again rejected a GOP-led
House Speaker Mike Johnson, R-La., said Republicans are winning the messaging war over the ongoing government shutdown and urged his conference to keep the heat on congressional Democrats during a private call with lawmakers on Saturday. The call came on the fourth day of the shutdown, a day after Senate Democrats again rejected a GOP-led
19Shares of AZZ Inc. fell on Thursday after the company reported lower-than-expected fiscal second-quarter results, with sales pressured by weak demand across several of its key end markets. The stock declined 12.1% to intraday low of $92.98, through the stock has regained some of the losses, trading at $101.30 at the time of writing. The
Shares of AZZ Inc. fell on Thursday after the company reported lower-than-expected fiscal second-quarter results, with sales pressured by weak demand across several of its key end markets. The stock declined 12.1% to intraday low of $92.98, through the stock has regained some of the losses, trading at $101.30 at the time of writing. The
19Oil prices slumped 2% on Friday as the risk premium wore off after Israel and the Palestinian militant group Hamas agreed to a ceasefire earlier this week. Meanwhile, gold resumed its rally with prices on COMEX moving back above the historic level of $4,000 per ounce. Silver prices on COMEX also jumped 2% as the
Oil prices slumped 2% on Friday as the risk premium wore off after Israel and the Palestinian militant group Hamas agreed to a ceasefire earlier this week. Meanwhile, gold resumed its rally with prices on COMEX moving back above the historic level of $4,000 per ounce. Silver prices on COMEX also jumped 2% as the
