Browsing: Business

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

Nvidia has announced plans to invest up to $100 billion in OpenAI, marking one of the largest infrastructure partnerships in the artificial intelligence industry to date. The collaboration will focus on deploying 10 gigawatts of advanced Nvidia systems to power

The United States has implemented a new $100,000 fee on H-1B visa petitions, effective September 21, 2025, following a presidential proclamation signed by President Donald Trump. The fee applies to all new H-1B petitions submitted on or after that date.

Nvidia has announced a $5 billion equity investment in Intel, marking a rare collaboration between two of the world’s largest semiconductor companies. The agreement involves Nvidia acquiring newly issued Intel common stock at $23.28 per share, giving the graphics chipmaker

Paramount Global, in partnership with Skydance Media, is preparing a formal bid to acquire Warner Bros. Discovery in a move that could result in one of the most significant mergers in the media and entertainment sector in recent years. The

China’s antitrust regulator has determined that Nvidia Corporation violated the terms of a 2020 merger deal with Israeli networking firm Mellanox Technologies, escalating regulatory scrutiny on U.S. technology firms and adding new strain to ongoing U.S.-China trade discussions. The State

U.S. President Donald Trump has reiterated his call to eliminate quarterly earnings reporting requirements for publicly traded companies, advocating for a shift to semiannual financial disclosures. The statement was made Monday via a post on his social media platform, Truth

Wall Street’s major indexes closed at record highs on Thursday, lifted by gains in Tesla and Micron Technology, as investor confidence was buoyed by fresh economic data pointing to easing inflationary pressures and a cooling labor market. The Dow Jones

Mortgage demand in the United States surged to its highest level in more than three years during the first week of September, driven by a sharp drop in interest rates that brought borrowing costs to their lowest point since October

The U.S. job market is showing renewed signs of weakness, with middle-class manufacturing employment facing mounting pressure amid high operating costs and subdued hiring. Recent government data and industry assessments highlight a sharp decline in factory job creation, closely linked