We have come a long way with more than 85% of the Fortune 500 using Microsoft AI solutions to shape their future. With 66% of CEOs reporting measurable business benefits from generative AI initiatives, particularly in e…
U.S. retail sales jumped 1.2% in August 2026, the Commerce Department reported Wednesday, September 16, showing unexpectedly strong consumer demand even as inflationary pressures intensified across the economy. The numb…
Andy Burnham has insisted he is prepared to take "difficult decisions" on the economy, after a former Bank of England chief economist said investors were worried about his willingness to cut spending.
Stocks are selling off globally this morning as unhappy investors see the price of oil rising again—because of renewed conflict in the Middle East—and President Trump’s inability to rein in Israeli Prime Minister Benjam…
The London Metal Exchange plans in two weeks the latest upgrade to its electronic trading platform, a key component in the group’s ongoing efforts to modernise its trading infrastructure after the controversial nickel c…
Federal Reserve decisions can sometimes feel like the only events that determine whether the stock market rises or falls. Yet the marketâs response has rarely been that simple. Historically, stocks havenât moved in …
Brazilian delivery app iFood, owned by Dutch investment group Prosus, said on Wednesday it will invest 24 billion reais ($4.66 billion) in the South American country in the fiscal year through March 2027, a 41% increase…
OpenAI boss Sam Altman thinks people should have more faith in his company and others like it to do the right thing when it comes to artificial intelligence (AI) development amid rising public concerns about all the ris…
Japan’s July 2026 trade deficit widened to ¥634.5 billion due to soaring crude oil imports. However, the figure came in below market expectations, while robust exports of artificial intelligence (AI) chips helped lift t…
A series of social media adverts for AI apps have been banned by a UK watchdog for promoting "the creation of sexually explicit content and objectification of women".
The number of complaints made by households about water companies to the industry watchdog has risen by a record 84% in a year, driven by customer concern and confusion over rising bills.
In late May, a chemical storage tank with more than 7,000 gallons of toxic material began heating up â fast. The tank belonged to GKN Aerospace, a company that supplies parts to the aviation industry, including aircra…
A toxic mix of a potential slowing in AI spending, rising oil prices, and increased Fed rate hike bets see markets fall, but they end well off the lows.
Federal Reserve Chair Kevin Warsh said in Jackson Hole, Wyoming on Friday that inflation is still too high and that interest rates may need to rise in the coming months. He said recent data show inflation has cooled but…
[LONDON] Britain’s weak jobs market saw employers shed more workers last month, according to figures released ahead of the Bank of England’s latest interest rates decision on Thursday (Sep 17).
On July 29, Microsoft and Meta announced their earnings reports on the same day, delivering two AI performance reports with completely opposite trends.