AI stocks have hit a rough patch in recent weeks. Some have plunged sharply, others have flattened out, and the consensus across Wall Street is shifting toward a new fear: the entire AI sector might be inflated beyond reason. Billionaire Ray Dalio, founder of Bridgewater Associates, agrees that a bubble is forming — but he believes we’re only about “80%” of the way to the extreme euphoria seen during the 1929 crash and the dot-com peak of 2000. Dalio says the bubble still has

If the US economy enjoys a thriving holiday season, the credit may go less to the masses and more to the moneyed. New data from Moody’s Analytics shows that the top 10% of earners now drive nearly half of all consumer spending — a level never seen before in modern economic records. According to the report, high-income households contributed a massive 49.2% of total spending in the second quarter of 2025. That number has climbed steadily in recent years, up from about 46% in 2

Rick Cotton, the long-serving executive director of the Port Authority of New York and New Jersey, will retire in January, the agency announced Monday. Cotton, who has held the role longer than anyone since the 1940s, oversaw significant infrastructure improvements and revitalization projects across New York City and parts of New Jersey. During his tenure, Cotton spearheaded the transformation of LaGuardia Airport, turning it from one of the nation’s worst airports into a mod

Amazon is facing intense scrutiny in Italy over suspected tax evasion and customs violations, with authorities describing the e-commerce giant’s activities as “Trojan horse” operations. According to a Reuters report citing three sources, Amazon allegedly imported Chinese goods into Italy without paying the required taxes and duties. On 24 November, Italian police raided two Amazon facilities as part of the investigation. The targeted sites included a logistics hub in Cividate

NASA and Boeing provided an update Monday on the Starliner program, nearly eight months after the capsule’s first and only crewed mission returned to Earth aboard SpaceX following an extended stay in orbit. In 2024, test pilots Butch Wilmore and Suni Williams successfully docked the Starliner with the International Space Station, but numerous technical issues forced NASA to send the capsule back empty, leaving the astronauts aboard the station for more than nine months. Since

Sunteck Realty Ltd has made its entry into the Dubai property market with a ₹10,000-crore luxury project in the prime Downtown Dubai area, at a time when the city is experiencing a surge in demand for premium properties. The project will be developed by Sunteck International, the company established to handle UAE ventures, in collaboration with local firm MAS Real Estate. Spanning 2.5 acres, it will feature two residential towers offering both standard apartments and branded

The global business landscape is shifting rapidly with new developments shaping markets, industries, and economies. Staying informed about these changes helps businesses and investors make smarter decisions. This week, several key stories stand out, from major corporate moves to economic updates that could affect global trade and investment. Here’s a clear summary of the most important business news happening around the world. Major Corporate Deals and Market Moves Several hi

UK business leaders are increasingly cautious about committing to new investments as they await clearer signals from the government’s upcoming Budget. Many large firms have paused their capital expenditure plans, seeking policies that support sustainable growth before making significant financial commitments. This hesitation reflects broader concerns about economic uncertainty and the need for a stable environment that encourages business expansion. Why Business Leaders Are H

Recent developments in the geopolitical landscape have sent ripples through financial markets, particularly affecting European defence stocks and energy prices. Growing optimism around a potential peace agreement between the U.S. and Ukraine has triggered notable shifts, with defence shares falling and gas prices dropping sharply. This article explores the factors behind these market movements, what they mean for investors, and the broader implications for Europe’s defence an

Mobile money has reshaped financial services across Africa, and MTN, one of the continent’s largest telecom companies, stands at the forefront of this transformation. In recent years, MTN reported an astonishing $342 billion in fintech transactions, highlighting the massive scale and impact of mobile money on everyday life. This post explores how MTN’s mobile money services have changed the financial landscape in Africa, the factors behind its success, and what this means for

The UK manufacturing sector is showing signs of recovery after a challenging period marked by supply chain disruptions and fluctuating demand. A key factor in this rebound is the restart of operations at Jaguar Land Rover (JLR), one of the country’s largest automotive manufacturers. At the same time, oil producers have decided to pause their planned output increases, which has implications for energy costs and industrial activity. This post explores how these developments are

The global financial markets recently experienced a sharp sell-off, shaking investor confidence and rattling key sectors. This downturn has been closely linked to growing fears of an artificial intelligence (AI) bubble and significant struggles faced by chipmakers. These two factors have combined to create a volatile environment, affecting stocks worldwide and raising questions about the future of technology-driven growth. What Triggered the Market Sell-Off? The sell-off bega

The recent government shutdown in the United States created uncertainty across many sectors, leaving businesses cautious about the near future. Yet, as the shutdown ended, the economy showed signs of picking up speed, and business leaders are growing more optimistic. This shift offers a clearer picture of how the U.S. economy can rebound quickly after political disruptions and what it means for companies and consumers alike. Economic Activity Picks Up After Shutdown When the

Japan's bond market has recently experienced a significant surge, sending ripples through global financial markets. This unexpected jump has caught the attention of investors worldwide, raising questions about the causes and potential consequences for portfolios and economies beyond Japan’s borders. Understanding this development is crucial for anyone involved in global investing, as it may signal shifts in risk, opportunity, and market dynamics. What Happened in Japan’s Bond

The recent COP30 climate summit ended with a deal that many describe as uneasy. While the agreement avoided a direct phase-out of fossil fuels, it still marks a critical moment in global climate action. This outcome leaves many wondering what it means for the future of our planet and how countries will move forward in the fight against climate change. What Happened at COP30? COP30 brought together nearly 200 countries to discuss urgent climate issues. The goal was to strength

Kyivstar’s listing on the Nasdaq arrives as more than a telecom float; it’s a live exam for whether mainstream capital will finance...

Global markets opened to a rare concurrence of good news: softer US inflation, record-setting Wall Street closes, and a 90-day extension...

India’s trade calculus shifted again today as New Delhi parsed the implications of Washington’s 90-day extension of the US-China tariff...

A seismic shift is underway in sports broadcasting as the Ultimate Fighting Championship (UFC) secured an exclusive seven-year media...

India’s export architecture is undergoing a strategic realignment as steep U.S. tariffs—hitting key commodities such as apparel and...