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The Latest Breaking News from International Business Times

The World's Biggest Wealth Fund Has $215 Billion In US Treasurys. It Wants To Cut Back.

The proposed overhaul would reduce the Norwegian fund's Treasury holdings while adding corporate debt and mortgage-backed securities.

International Business Times

Robinhood Is Going Deeper Into Prediction Markets. Its Event-Contract Business Is Growing.

Robinhood customers traded 13.6 billion event contracts in the second quarter, helping prediction markets generate a record $156 million in revenue.

International Business Times

Middle East Clashes Again Push Oil Toward $100. Goldman Sachs Raises Forecasts a Path To $120.

The immediate catalyst was a wave of Houthi attacks on southern Saudi Arabia.

International Business Times

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Gas Prices Are Still Squeezing American Families. Prices Could Increase Further In The Fall.

Diesel reached a record national average of $5.90 a gallon on Labor Day, increasing costs for freight and deliveries that can eventually reach consumers through food and other goods.

International Business Times

Qualcomm Strikes $4 Billion Amazon Stock Deal. Its Stock Is Climbing.

Amazon received warrants to purchase 25 million shares at $161.26 each.

International Business Times

WeChat's 1.4 Billion Users Faced a Dangerous Security Flaw. AI Helped Turn It Into a Self-Spreading Worm.

Palo Alto cybersecurity company Calif described WeWorm as the first known zero-click worm that can spread through WeChat calls on both Apple's iOS and Google's Android.

International Business Times

OpenAI's Chief Scientist Warns No One Is Ready for AI's Next Leap, Calls for 'Extreme Caution'

In his essay, An Alien Mind, Jakub Pachocki described a moment in 2023 when early research results convinced him that machines meaningfully smarter than humans could emerge within his lifetime.

International Business Times

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The U.S. Is Escalating Its Economic Pressure Campaign Against Iran. Over Two Dozen Airlines Are Being Targeted.

"Let this be a warning to anyone doing business with Iran's remaining airlines, all of which we sanctioned today: You are at risk of being cut off from the global financial system," said Scott Bessent.

International Business Times

Netanyahu Was Personally Warned Of An Imminent Attack Days Before Oct. 7 But Didn't Act: Report

The prime minister received a warning from the leader of the United Arab Emirates, according to two top Israeli journalists, who are launching a new book on the matter.

International Business Times

The Nasdaq 100 Will Get Its Quarterly Rebalance This Month. It Could Be a Boon For SpaceX.

The stock's wight in the index is expected to rise because the shares that have been released following lock-up periods will help lift it.

International Business Times

The U.S. Got Broad Access To Venezuela's Oil. It Is Now Reportedly Setting Its Eyes On Its Minerals.

Like with the oil industry, the initiative seeks to open the country's sector to U.S. investments.

International Business Times

Zelenskyy Says U.S. Is Exploring Russia-Ukraine De-escalation Steps. Moscow Is Striking Kyiv Again.

At least two people were killed on Tuesday as attacks against Ukraine resumed following the departure of top U.S. officials.

International Business Times

The U.S. And Iran Keep Fighting To Transport Crude In The Middle East. Maritime Authorities Are Sounding The Alarm.

The Consultative Shipping Group (CSG) said "parallel systems" are emerging and threaten to create a two-tier system in international shipping.

International Business Times

Libya's Food Security Is Becoming a Global Trade Question

An 83% surge in grain imports highlights how heavily Libya depends on global supply chains, with international producers, traders, shippers, and importers playing an increasingly important role in keeping food moving from overseas markets to Libyan tables.

International Business Times

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International Business Times

Iran-Backed Houthis Launched a Large-Scale Attack Against Saudi Arabia. Oil Is Nearing $100 Again.

Riyahd said that more than 70 people have been wounded in the strikes.

International Business Times

How Ukraine Is Building the Engineering Talent Behind Its Wartime Drone Industry

Facing a critical engineer shortage, Ukraine is building a nationwide pipeline, from classrooms to defense labs, to keep its booming drone industry running.

International Business Times

Construction Needs 349,000 New Workers in 2026. The Data Center Boom Can't Wait for Them

Deloitte puts the cost of not closing the workforce gap at $124 billion in lost output and a shortfall of more than two million skilled trade workers by 2028.

International Business Times

Agentic Commerce Has Arrived, But Not Without Complications

A new report from ICSC and McKinsey & Company projects that agentic commerce in the U.S. business-to-consumer retail market could reach $1 trillion in revenue by 2030.

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International Business Times

Europe Has Relied On SpaceX To Reach Orbit. A German Startup Just Gave It Another Option

The German startup says its commercial pipeline exceeds €10 billion as Europe pushes to expand its own launch capacity.

International Business Times

The Number One Metric For Measuring ROI Post Tokenmaxxing: Cost Per Finished Task

Goals are shifting as leaders become more cost conscious.

International Business Times

Iran Faced Some Of America's Toughest Sanctions. Yet $9 Billion In Iranian Funds Still Moved Through U.S. Banks

Washington is intensifying its financial campaign against Iran as a six-month conflict and a U.S. naval blockade squeeze Tehran's oil revenue.

International Business Times

Rogue AI Agents Are Democratizing Cyberattacks. Here's How.

Agents can already discover assets, enumerate services, and map an attack surface with little human input.

International Business Times

A Bitcoin Network Lost $320 Million In A Hack. The Attackers Say They're The Good Guys

The breach adds to a string of major crypto security incidents that have put exchanges, wallets and blockchain infrastructure under scrutiny.

International Business Times

Germany's Far-Right AfD Notches Clear Win In Regional Election While Party In Power Slumps

The party got almost 44% of the vote, more than 25 percentage points above the incumbent Christian Democratic Union Party, which leads the national coalition under Chancellor Friedrich Merz.

International Business Times

Jaguar Land Rover To Shed Thousands Of Jobs To Cut Spending As Challenges Mount

The company is planning to offer voluntary redundancies to as many as 4,000 people, according to a new report.

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