International Business Times

Stocks Fall And Yields Keep Climbing As Geopolitical Tensions And AI Concerns Dominate The Agenda

Top figures in the field of AI published a paper on Monday warning that progress is accelerating to a point that could end in an "intelligence explosion."

Bitcoin Slips Back Below $83,000. Rising Macro Risks Are Testing The Latest Rally.
Nubank Is Reportedly Eyeing A British Digital Bank. Its Stock Plummeted.
Micron's 279% Rally May Not Be Over. Baird Says Agentic AI Could Drive Chip Stock To New Heights.

Nubank Is Reportedly Eyeing A British Digital Bank. Its Stock Plummeted.
The Brazilian bank could acquire Monzo Bank, which has more than 16 million customers in Europe.
U.S., China Name $60 Billion In Goods For Tariff Relief. Toys And Farm Products Make The Cut.
Washington's list covers 77 categories of Chinese imports, while Beijing's much broader list includes 1,619 U.S. product lines.
Micron's 279% Rally May Not Be Over. Baird Says Agentic AI Could Drive Chip Stock To New Heights.
The investment firm reiterated its outperform rating on Micron and raised its price target to $1,520 from $1,280, a level that would take the chipmaker into record territory.
Saudi Arabia Reportedly Resumes Oil Flows Through Key Pipeline After Getting Hit
The pipeline transports about 4% of global oil supplies.
Oil Rises Again As Trump Rejects Meeting Iran's Conditions To Reopen Hormuz. Brent Goes Back Above $100.
Trump said he expects U.S. negotiators to engage with Iranian counterparts this week.
Gold And Silver Prices Tumble As Rising Bond Yields Put Precious Metals Under Pressure
Gold fell more than 3% Monday while silver dropped close to 5%, extending a retreat that has hit precious-metals miners as well.

Top AI Figures Are Warning Of A Potential 'Intelligence Explosion.' They Are Calling On Governments To Prepare.

Leading experts in the field of AI said preliminary intelligence suggests AI is now playing a major role in the building of more AI models, which could "radically accelerate AI progress.

Press Release

Economy in Focus

Foreign Investors Are Pouring Record Amounts Into U.S. Stocks. The Figure Topped $400 Billion.
Overseas purchases of U.S. equities and investment funds jumped from just $23 billion in the first quarter as broader foreign investment into American assets approached $1 trillion.
- Markets Weren't Sure When The Fed Would Raise Rates Again. Now October Is The Leading Bet.
- More Fed Officials Are Signaling Support For a New Hike Before The End Of The Year. Here's Where Chances Stand.
Trump Emphasizes Favorable Economic Figures In Pitch To Win Over Voters Before Midterms.
The president stated that the U.S. poverty rate is at its lowest, U.S. median household income is at its highest and U.S. business is booming.
- Bond Yields Keep Climbing. Stocks Rose Anyway And The Major Indexes Closed a Winning Week.
- Latinos Helped Trump Win In 2024. Now They Might Help Democrats Dominate The Midterms.

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.

California prescription drug transparency efforts face new scrutiny over pharmaceutical

Contributor

Californians Deserve Greater Drug Transparency

California prescription drug transparency efforts face new scrutiny over pharmaceutical marketing, patient advocacy funding, PBM pricing practices and insulin costs.

Contributor
Rosabella Wants to Make the Superfood You Stopped Using Easier to Take
Rosabella is making moringa simpler for people who want the nutritional benefits without the powder, preparation, or complicated routine.
Contributor
Canada's South Pacific: Why True Wilderness Is the New Definition of Luxury
For decades, luxury real estate followed a simple formula: more square footage, a more prestigious postal code, a longer driveway between you and everyone else.