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The Latest Breaking News from International Business Times

U.S.-Venezuela Oil Deal Includes 100-Year Concessions For Washington-Backed Company

NABEP is the second-largest private oil producer in Venezuela, and has given the U.S. Department of War's Office of Strategic Capital an equity stake of 35% in its corporate parent.

International Business Times

Anthropic Spotted Unauthorized Actions By Agents. It Is Pausing Some Training And Evaluations.

OpenAI also paused work in August after concluding it could pose critical cybersecurity risks.

International Business Times

Why the Future of Luxury Living Belongs to Multigenerational Communities

Discover how multigenerational living, sustainability and integrated communities are reshaping luxury real estate, with Vinhomes Green Paradise as a model.

International Business Times

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Another Fed Member Strikes a Hawkish Tone, Says He Will Support a Rate Hike If Inflation Remains Sticky

Michael Barr, who votes on FOMC decisions, said he's concerned about "broader price pressures taking hold."

International Business Times

Russia Reportedly Raised Areas Of Cooperation With The U.S. During The G20. Bessent Said No As Long As The War Continues.

Treasury Secretary Scott Bessent ruled out any economic relief for Moscow or any development in relations while the war continues.

International Business Times

Global Inflation Remains Sticky. Bond Markets Around The World Continue Their Rout.

The selloff reached U.S. Treasurys and European debt as investors worried that another energy-price shock could keep inflation and interest rates higher for longer.

International Business Times

Tankers Were Hit Again In The Strait Of Hormuz. Oil Is Soaring Further.

The U.S. is reportedly considering renewed strikes against Iran in the Strait of Hormuz to prevent the country from rebuilding capabilities.

International Business Times

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Two Tankers Have Been Hit In The Hormuz Strait. Trump Is Considering Renewed Strikes Against Iran.

The strikes would be aimed at preventing Iran from rebuilding radar and missile capabilities around the waterway.

International Business Times

Chatbots Are Getting Better at Spotting Suicide Risk, But Significant Gaps Still Remain: Study

The findings are based on more than 50,000 simulated conversations involving users experiencing severe mental health crises.

International Business Times

Amazon Faces New FTC Lawsuit. Regulators Claim Advertisers Were Secretly Charged Higher Prices.

The lawsuit, joined by attorneys general from 22 states, alleges Amazon misled more than one million brands and sellers about how much they would pay to advertise products on its website and app.

International Business Times

Beef And Coffee Prices Have Already Jumped. America's Grocery Squeeze Could Spread Much Further.

J.P. Morgan expects global food inflation to accelerate to about 5% in the first half of 2027. U.S. consumers are already paying sharply more for beef, tomatoes and apples.

International Business Times

U.S. Companies Delivered A Blockbuster Earnings Season. The Consumer Slowdown Hasn't Hit Profits Yet.

AI investment, resilient household spending and billions of dollars in tariff refunds are helping companies withstand inflation and softer economic signals.

International Business Times

From One School Visit to a Global Run for Education

Former British diplomat Mike Nithavrianakis is turning a lasting connection to Pakistan into a global marathon campaign to raise $1 million for children's education.

International Business Times

IBT Media Transfers Ownership to Newly Established Delaware Perpetual Purpose Trust

IBT Media transfers ownership to a newly established Delaware perpetual purpose trust, creating a long-term structure designed to protect its mission, assets and editorial independence.

International Business Times

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news in one place.

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International Business Times

Trump Keeps Teasing A Third Term. But He's Also Talking About Life After The White House.

With the midterms nine weeks away, Trump is increasingly talking about his legacy and a future Republican successor even as he continues to keep 2028 speculation alive.

International Business Times

Justice Crane's $1.5 Million Error: Rent Is Not a Contract Payment

IBT challenges Justice Melissa Crane's ruling that Newsweek repaid a $1.5 million debt through rent and third-party expenses, arguing the payments never satisfied the contract.

International Business Times

Stocks Fell On Monday As U.S.-Iran Tensions Flare Up Again, But End August In The Green

Longer-dated Treasury yields rose as well.

International Business Times

Michael Saylor's Strategy Stopped Buying Bitcoin For 10 Weeks. Now It's Back With A $370M Purchase.

Strategy raised more than $600 million by selling common stock and also spent nearly $152 million repurchasing preferred shares as it reshapes its balance sheet.

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news in one place.

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International Business Times

Neither Democrats Nor Republicans Have Won Over the Working Class. A New Poll Shows Deep Distrust of Both Parties.

55% of Americans believe politicians who say they want to help the working class are primarily trying to win votes.

International Business Times

Bessent Addresses His Mentor's Criticism Of U.S. Debt Buybacks, Defends Intervening In The Market

"Stan's a great investor, but what I would point out is that again, the U.S. bond market has been the best performing market since the president came in," Bessent said about Stanley Druckenmiller.

International Business Times

The Platform That Just Put Stocks, Crypto And Gold Under One Roof Is Changing Retail Investing

Investors have become more flexible in the investments they choose, yet the platforms serving them have often remained divided by asset class.

International Business Times

Trump Warns Cities Against Rejecting Data Centers: China 'Could Not Be Happier' With Growing Opposition

Trump described data centers as a "Golden Goose" for the U.S. economy.

International Business Times

Bessent Wants a Global Response to China's Export Boom, Tells G20 Countries to Reconsider Terms of Trade

Bessent argued that weakness in China's domestic economy has increased Beijing's reliance on exports, creating mounting pressure on other economies absorbing Chinese goods.

International Business Times

Meta Is Testing Robots Inside Its Data Centers. Machines Could Take Over 80% of Some Workers' Tasks.

Meta workers said the company is evaluating increasingly sophisticated machines as it expands its global AI infrastructure.

International Business Times

Russia Promises To Increase Hits On Ukrainian Energy Infrastructure. Concerns Of a Winter Offensive Grow.

Moscow claims it is planning to conduct "massive strikes" against Ukraine's energy infrastructure in response to ongoing drone attacks against Russian economic targets.

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