“AI is labor saving for junior workers and labor expanding for seniors”: across 41 countries, firms adopting AI added 6.7% more seniors while juniors’ share of staff fell 1.9%.

The address is expected to serve as Trump's final campaign message, aiming to help Republicans retain control of Congress...

Hyperscalers have sold $271 billion in debt and equity this year while their buybacks shrank to a $14 billion annualized pace, down from $105 billion in 2024, and BofA's strategist says the bond market is now the one policing the AI capex boom.

...someone is trying hard to start WWIII...

Two projectiles strike ship in the northern Persan Gulf...

“The key question is whether we are seeing a temporary correction in the very popular technology trade, or maybe the beginning of a reassessment of all these AI-related plays"

"The need for a new €2 billion deleveraging plan, potentially including disposals..."

UANI counts about 20 tankers from its "Ghost Armada" list still loitering at the EOPL..

“Buybacks are too small to really move the needle. if you’re running the Treasury and your main power is issuance, if you don’t like where the yields are, you adjust your issuance.”

Holy crap!

Ghanaian Foreign Minister Sam Okudzeto Ablakwa said Ghana would pay for the mother's travel expenses...

Since 1950 the S&P has been higher six months after every single midterm election. The pros are positioned as if this time will be different...

"We will protect our borders - America is a nation, not an economic zone..." 

• US President Trump reportedly favours giving diplomacy with Iran more time before considering renewed military strikes, Axios reported.
• Iran reportedly conveyed seven conditions to Qatar for reaching an agreement with Washington, including lifting the US blockade of Iranian ports, Kyodo reported.

Half a billion Europeans should be able to defend themselves...

"By understanding more about racialised dynamics, the programme will help you become a more confident disruptor of racism..."