Asian stock markets exhibited a mixed performance on Wednesday, as strong US economic data clouded the outlook for rate cuts in 2025. MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.2%, reflecting a cautious trading environment across the region. Treasury yields held steady after the previous session’s sell-off, with the 10-year note auction […]
Category: Investing
Sam Altman, the head honcho at OpenAI is facing serious allegations of sexual abuse. His sister, Annie Altman, has filed a lawsuit in the US District Court for the Eastern District of Missouri, accusing him of sexually abusing her during her childhood. The lawsuit alleges that the abuse began when Annie was three years […]
The Indian government has urged states to intensify surveillance for respiratory illnesses, including influenza-like illness (ILI) and severe acute respiratory infections (SARI), following the detection of seven human metapneumovirus (HMPV) cases in the country. The Health Ministry has also emphasized raising public awareness while reassuring citizens that there is “no need to panic,” according to […]
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JPMorgan Chase, along with other major US banks, has made a decisive move away from the Net Zero Banking Alliance (NZBA), signaling a significant shift in Wall Street’s stance on climate-related financial alliances. As of this week, JPMorgan’s exit from the NZBA marks the culmination of a larger trend, with firms like Morgan Stanley, Citigroup, […]
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Benchmark S&P 500 and the Nasdaq Composite fell on Tuesday as yields on Treasury bills rose, dampening sentiments across the market. At the time of writing, the S&P 500 index was down 0.3%, while the Nasdaq Composite shed 0.7% from the previous close. The Dow Jones Industrial Average was little changed. Shares of NVIDIA slipped […]
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