Economy

Economy
Economy

Tech stocks power market surge as bond yields and oil prices tumble

Wall Street experienced a massive wave of euphoria on Monday as technology stocks led a broad market rally, sending the Nasdaq Composite to a fresh all-time closing high. It was the strongest session for the Nasdaq 100 since early August, driven largely by explosive growth in the semiconductor and artificial intelligence sectors. Chipmakers saw staggering

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Economy

‘They must be doing it for ulterior reasons’: Jensen Huang says AI leaders are ‘irresponsible’

Jensen Huang, the chief executive of Nvidia, is taking a hard line against the growing chorus of artificial intelligence doom sayers within his own industry. In a recent interview with CBS, the head of the world’s most valuable company dismissed predictions of an AI apocalypse by 2030 as completely baseless and fundamentally irresponsible. While acknowledging

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Economy

Flights at major US airports delayed after cable cut by construction workers

Travelers across the East Coast faced a chaotic Monday afternoon as hundreds of flights were delayed or grounded following a clumsy construction mishap that severed a critical telecommunications cable. The accident triggered widespread ground stops at major hubs in New York, New Jersey, Pennsylvania, and Massachusetts, throwing regional air traffic into turmoil. According to aviation

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Economy

Nvidia’s Jensen Huang rejects AI doomsday fears: ‘2030 is not going to be the end of the world’

Jensen Huang, the chief executive of Nvidia, is pushing back firmly against the growing chorus of warnings that artificial intelligence could lead to the extinction of humanity. In a recent interview with CBS News, Huang dismissed claims that AI might trigger a global catastrophe by 2030, stating there is zero percent chance that such a

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Economy

Flights delayed at major US airports after cable cut by construction workers

Travelers across the northeastern United States faced a chaotic Monday as hundreds of flights were delayed or grounded following a surprising infrastructure failure. The disruption centered on the Terminal Radar Approach Control System, a critical piece of technology used to guide aircraft during takeoff and landing. While a primary circuit failed first, the situation spiraled

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Economy

FAA grounds flights at major Northeast airports after fiber line cut

Travelers across the Northeast faced significant chaos on Monday afternoon after an Amtrak construction crew accidentally severed a fiber optic line in New Jersey. The mistake triggered a widespread telecommunications failure that forced the Federal Aviation Administration to implement ground stops at several major hubs. According to Transportation Secretary Sean Duffy, the disruption hit critical

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Economy

Volkswagen Group Warns ‘We Have No Time To Lose’ As Problems Worsen

Volkswagen Group is facing a critical turning point as its leadership admits there is simply no time to lose. In a candid assessment of the company’s precarious position, finance chief Arno Antlitz warned that the shifts occurring within the global automotive market are both profound and lasting. This urgency comes as the German giant slashes

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Economy

2027 Nissan Rogue Hybrid Debuts With 38 MPG. But It’s Not A Traditional Hybrid

Nissan is shaking up the compact SUV market with the debut of the 2027 Rogue Hybrid, a vehicle that promises significant fuel savings but operates very differently from the hybrids most drivers are used to. While it carries the hybrid label, this model introduces Nissan’s e-Power technology to the United States for the first time.

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Economy

Nissan eyes increasing U.S. production as new Rogue hybrid launches

Nissan is preparing to ramp up its domestic manufacturing footprint as it gears up for the launch of the 2027 Rogue. During a recent appearance at the New York International Auto Show, Christian Meunier, chairman of Nissan Americas, revealed that the company is currently hitting its maximum production capacity in the United States. To meet

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Economy

Is the AI industry really ready to slow down?

The artificial intelligence industry finds itself locked in a paradoxical struggle between the desire for rapid innovation and a growing chorus calling for caution. A recent proposal by Anthropic CEO Dario Amodei to pace the frontier suggests a coordinated effort among top labs to implement safety guardrails, including third party evaluations and international cooperation on

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