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Bitcoin tumbles to six-month low as investors trim risk amid Fed uncertainty

Bitcoin tumbles to six-month low as investors trim risk amid Fed uncertainty

New York - Bitcoin plunged Thursday to levels not seen since April, sliding as investors reduced exposure to risk assets and recalibrated expectations for an imminent Federal Reserve rate cut. The flagship cryptocurrency fell to as low as $86,325.81 before recovering slightly, trading near $86,690 late in

Delayed September jobs report shows stronger hiring than expected but raises fresh questions for Fed

Delayed September jobs report shows stronger hiring than expected but raises fresh questions for Fed

Washington — The long‑delayed September jobs report released Thursday showed the U.S. economy added 119,000 payrolls, exceeding economists’ prior expectations, while the unemployment rate rose to 4.4 percent. The Bureau of Labor Statistics delayed the release after a protracted federal shutdown interrupted data processing, meaning the snapshot

U.S. and Russia Reportedly Draft Secret Ukraine Peace Plan as Kyiv Faces Fresh Diplomatic Pressure

U.S. and Russia Reportedly Draft Secret Ukraine Peace Plan as Kyiv Faces Fresh Diplomatic Pressure

Kyiv — Reports that the United States and Russia have quietly crafted a detailed 28-point peace proposal for Ukraine have thrust Kyiv into a fresh crisis, prompting frantic diplomatic outreach, political turbulence and alarm among Western allies who say any settlement must include Ukraine at the table. The plan, first disclosed

U.S.-Saudi $1 Trillion Pledge and F-35 Talks Face Lengthy Hurdles

U.S.-Saudi $1 Trillion Pledge and F-35 Talks Face Lengthy Hurdles

Washington — Major pledges announced during the recent U.S.-Saudi meetings, including a headline-grabbing $1 trillion investment commitment and discussion of advanced arms sales such as F-35 fighters, have injected fresh momentum into bilateral ties but remain far from finalized deals. Administration officials and Saudi interlocutors framed the announcements as

Nvidia jumps 5 percent premarket after blowout quarter and stronger-than-expected guidance reignites AI rally

Nvidia jumps 5 percent premarket after blowout quarter and stronger-than-expected guidance reignites AI rally

San Francisco — Nvidia shares popped roughly 5 percent in premarket trading on Thursday after the chip giant reported a blowout quarter and an upbeat sales outlook that signaled enduring demand for AI hardware and data center systems. The results and management commentary pushed investors to reweight portfolios toward semiconductor suppliers

Asian chipmakers jump after Nvidia beats expectations and raises sales outlook

Asian chipmakers jump after Nvidia beats expectations and raises sales outlook

Asian semiconductor stocks rallied on Thursday after Nvidia posted stronger than expected quarterly results and issued a hotter sales forecast, a development that traders said validated continued demand for AI hardware and lifted suppliers across the region. The earnings beat and upbeat guidance for data center products undercut recent concerns

Summers Steps Down: Ex-Treasury Chief Leaves OpenAI Board After Epstein Email Revelations

Summers Steps Down: Ex-Treasury Chief Leaves OpenAI Board After Epstein Email Revelations

Former U.S. Treasury Secretary Lawrence H. Summers resigned from the board of OpenAI on Wednesday after the public release of thousands of documents and emails that showed a prolonged correspondence with the late financier Jeffrey Epstein. The disclosures, made available this week by congressional investigators and reported across multiple