The Latest Breaking News from United States

US Market: AI credit surge tests lenders as future revenues remain uncertain

AI-related borrowing has surged substantially in low-rated U.S. firms this year, prompting investor scrutiny of financial assumptions. Lenders are seeking higher returns and greater compensation for the risks associated with these investments. While there is demand for predictable revenue streams, appetite for lower-quality AI credit remains limited. Borrowing costs have…

The Economic Times · Oct 1

US 10-year yield at 24-year high rattles Nifty, rupee and bond markets. Why is India hit hard?

The US 10-year Treasury yield surged to a 24-year high, triggering a global bond sell-off and pressuring Indian equities, bonds and the rupee. Higher US borrowing costs are raising concerns over FII outflows, currency weakness, imported inflation and RBI policy. Rising crude prices are adding to the pressure on Indian…

The Economic Times · Oct 1

US soccer’s youth system is expensive, chaotic and overdue for reform

World Cup setbacks have renewed concern over America’s costly, fragmented youth system. The real test is whether the urgency survives the next news cycle

The Guardian - US · Oct 1

Did She Forget?' Zara Larsson Faces MAGA Backlash Over Sexyy Red's Trump Past

Zara Larsson's Los Angeles performance with Sexyy Red prompted some social media users to revisit the rapper's past praise for Donald Trump and question the collaboration.

International Business Times UK · Oct 1

FOREX-Euro slides to 17-month low, hit by rates and inflation cocktail

As political instabilities linger, the euro has descended to its lowest point in over 17 months when measured against the dollar. This shift has prompted investors to favor the dollar, which is showing strength across various currencies. Meanwhile, the Australian dollar has reached a two-month low due to disappointing local…

The Economic Times · Oct 1

Gemini 4 Argon launched: Google's new AI model can now write up to 1 million words in a single response, here is who can access it and benchmark scores

Gemini 4: Google has launched Gemini 4 Argon, a new frontier AI model built for long, complex tasks in coding, finance, legal work and cybersecurity. Early access is limited to trusted cyber defenders through a program called Fairwind, with wider release to follow after more safety testing. Argon can now…

The Economic Times · Oct 1

Connecticut man paid $35 for a bowl; it later sold for $721,800

A Connecticut man paid $35 for a small blue-and-white porcelain bowl at a yard sale near New Haven in 2020, unaware that he had stumbled upon an exceptionally rare Chinese imperial-era artefact. The unnamed antiques enthusiast suspected the bowl might be special and later sent photographs to Sotheby's for an…

The Times of India · Oct 1

India bonds slide as US Treasury rout, supply weigh

Indian government bonds experienced a decline as US Treasury yields rose and supply increased ahead of the Reserve Bank of India meeting. The benchmark bond yield reached its highest level in two and a half years. Market analysts expect the RBI to raise interest rates for the first time since…

The Economic Times · Oct 1

FedEx Just Ordered 2,000 Electric Trucks That Will Save $40 Million Every Year On Fuel

The package delivery company will deploy Harbinger’s American-made EVs in the United States and Canada.

InsideEVs · Oct 1

US borrowing costs hit 24-year high as global bond sell-off intensifies

Fears that US deficit is unsustainable also drive UK 30-year bond yields briefly above 6% for first time since 1998

The Guardian - UK · Oct 1