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The Latest Breaking News from International Business Times

Oil Prices And Treasury Yields Kept Climbing. Stocks Fell Again.

Iran-backed Houthi rebels took the port city of Mokha from the internationally recognized government on Thursday, potentially threatening traffic through the Red Sea further.

International Business Times · Sep 10

JPMorgan Turns Bullish on Meta. Muse AI Agent Fuels 30% Upside Call For Its Stock.

The upgrade follows a burst of AI product announcements from the company, including the Tuesday launch of its Muse personal AI agent app.

International Business Times · Sep 10

Iran-Backed Houthis Take a Key Port City In Yemen. Traffic Through The Red Sea Could Be Threatened Further.

Oil prices climbed further on Thursday following the development.

International Business Times · Sep 10

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Oil Prices Keep Soaring And Treasury Yields Remain High. Chances Of a Fed Hike Are Greater.

Odds of a rate hike next week are now above 70%, according to the CME Group's Fed Watch tool.

International Business Times · Sep 10

Coinbase Says U.S. Crypto Rules Are Coming And Even A Failed Senate Vote May Not Stop Them

Brian Armstrong said the CLARITY Act is ready for Senate support, with negotiations continuing over ethics provisions ahead of a key vote.

International Business Times · Sep 10

The AI native Platform Built to Transform the Mortgage Industry

Swish Holdings is a financial holding company building and investing in financial-services businesses, with a particular focus on mortgages.

International Business Times · Sep 10

TSMC Smashes Monthly Revenue Record. AI Boom Drives 53% August Surge.

TSMC's second-quarter profit jumped more than 77% from the prior year, while the company projected third-quarter revenue between $44.6 billion and $45.8 billion.

International Business Times · Sep 10

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A Russian Drone Delayed Ukrainian President Zelenskyy's Plane In Moldova As War Escalates

The drone entered Moldova's airspace and ultimately exploded about 100 miles from the airport.

International Business Times · Sep 10

Investors Are Feeling Calm At The Moment. UBS' CEO Says They Should Be Worried.

Sergio Ermotti said markets are showing too little volatility even though wars, trade tensions and persistent inflation add to global risks.

International Business Times · Sep 10

Volkswagen Will Shed Tens Of Thousands Of Jobs In a Large Restructuring Plan. It Will Spend Billions On It.

The company estimates that the cost of implementing the plan will amount to some €16 billion.

International Business Times · Sep 10

Dieself Prices Are Close To Reaching $6 a Gallon. The Energy Department Raised Its Price Outlook For Next Year.

The Energy Information Administration outlook raised the forecast by more than 8% compared to the previous estimate.

International Business Times · Sep 10

NATO Countries Reportedly Caught Russian Submarines Training To Disable Undersea Cables

The submarines were training to deploy a secret weapon for that purpose.

International Business Times · Sep 10

AI Could Make The Economy Far Richer. Anthropic Says. But Knowledge Workers Could Take a Hit.

A new economic model examines how different levels of AI adoption could affect growth, unemployment, wages and the share of income going to workers.

International Business Times · Sep 10

Trump Wants To Send Americans $5,000 If Republicans Win The Midterms. Questions About The Deficit Arise.

The president tied a new "Trump dividend" to Republicans keeping control of Congress, a payout that would cost more than $1.2 trillion if extended to every adult citizen.

International Business Times · Sep 10

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International Business Times · Sep 10

Concerns About The Dangers Of AI Are Growing. Now The Senate Is Investigating OpenAI.

AI agents broke out of testing environments and compromised Hugging Face in July, in one of the most high-profile cases illustrating how the technology can go rogue.

International Business Times · Sep 10

5 Essential Tools Every Trading Platform Should Offer

Discover the five essential features every trading platform should offer, from fast order execution and advanced charting to risk management, real-time data and mobile access.

International Business Times · Sep 10

Top Trump Advisers Reportedly Discussed Chances Of a Prolonged War In Iran. Oil Is Soaring Further.

Trump and advisors have talked about the possibility that the war could drag on past the end of his term in January 2029.

International Business Times · Sep 10

ECB Conducts Widely Expected Rate Hike. The Next Move Is Less Clear.

"The conflict in the Middle East continues to generate inflation pressures, and inflation is set to remain well above target for an extended period," the body warned.

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International Business Times · Sep 10

A New Report Shows a Flurry Of Activity At a Suspected Iranian Nuclear Site. Trump Issued a Stark Warning.

"We notice there's a little activity at ‌Pickaxe. I would advise Iran not to get cute because we will have to hit them very hard," Trump said.

International Business Times · Sep 10

Russia Is Targeting the Supply Chains That Feed Kyiv. Food Prices Could Be the Next Casualty.

Russian attacks have damaged or destroyed food warehouses serving several of Ukraine's largest supermarket chains, leaving partially empty shelves across the capital.

International Business Times · Sep 10

AI Researcher Warns Humanity Could Be at Risk by 2030. Lawmakers Demand Congress Act Before It's Too Late.

The latest catalyst was the resignation of Jacob Coxon, who accused OpenAI and Anthropic of racing toward self-improving superintelligence while failing to adequately address the risks.

International Business Times · Sep 10

Most Americans Don't Believe Government Agencies, Say It's Becoming Hard To Know What Is True: Poll

The AP-NORC Center for Public Affairs Research poll found that a majority of Americans now do not trust information that is coming out of government agencies.

International Business Times · Sep 10

AI Developers Are Asking for Someone to Stop Them. The Warnings Show a Growing Safety Crisis.

Warnings are coming from inside OpenAI and Anthropic, where scientists and executives are calling for institutions to establish limits that individual laboratories may be unwilling to impose on themselves.

International Business Times · Sep 10

Colombia's New President Is Following The Trump Playbook On Immigration

If realized, the largest impact of Abelardo de la Espriella's deportation plan would be on the estimated 2.9 million Venezuelans who have migrated to Colombia since 2018 following the country's economic and social collapse.

International Business Times · Sep 9

China's EV Boom Is Losing Steam. Carmakers Are Now Pouring Money Into Humanoid Robots.

Automakers can reuse technology, factories and supply chains developed for electric vehicles, but demand for humanoid robots outside their own operations remains limited.

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