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RECENT NEWS

Google-parent Alphabet soars as Meta stumbles over AI costs
Google-parent Alphabet soars as Meta stumbles over AI costs

Google-parent Alphabet impressed Wall Street with its latest quarterly earnings on Wednesday, as big tech rival Meta left investors lukewarm amid concerns about the huge cost of AI development.

April 29, 2026

Powell's decision to stay on at Fed ignites new Trump insult
Powell's decision to stay on at Fed ignites new Trump insult

The extraordinary clash at the Federal Reserve between Jerome Powell and Donald Trump entered new territory Wednesday when the outgoing US central bank chairman said he would remain on as a governor -- and the president lashed him with another insult.

April 29, 2026

Brazil lowers benchmark rate to 14.5% in second consecutive cut
Brazil lowers benchmark rate to 14.5% in second consecutive cut

Brazil's Central Bank on Wednesday announced a second consecutive cut to its benchmark interest rate, one of the world's highest, in a boost for left-wing President Luiz Inacio Lula da Silva as he courts a fourth term.

April 29, 2026

RECENT NEWS

Trump warns Iran blockade could last months, sending oil soaring
Trump warns Iran blockade could last months, sending oil soaring

President Donald Trump said that a US naval blockade against Iran could last months, leading oil prices Wednesday to spike to their highest in more than four years.

April 29, 2026

RECENT NEWS

Powell to stay as Fed governor after chairman term, citing legal attacks
Powell to stay as Fed governor after chairman term, citing legal attacks

US Federal Reserve chief Jerome Powell said Wednesday that he would stay at the central bank as a governor after his term as chair concludes, as the independent institution battles legal challenges under the Trump administration.

April 29, 2026