xAI, the artificial intelligence start-up founded by billionaire Elon Musk, said on Monday it had raised $6 billion in a series C funding round, which included participation from NVIDIA (NASDAQ:…
Most Asian currencies moved in a tight range on Tuesday, while the dollar extended overnight gains as traders positioned for a slower pace of interest rate cuts in the coming…
Gold prices edged higher in Asian trade on Tuesday, extending their tepid performance as investors still remained cautious with the rising dollar following the U.S. Federal Reserves hawkish tilt. Traders…
Picture this: With hard work you’ve finally retired with a comfortable nest egg of $1 million. Based on the 4% rule, you take out $40,000 for your first year of…
On Wednesday, Merck said it has agreed to buy rights to an experimental weight loss pill from Chinese drugmaker Hansoh Pharma for up to $2 billion. Merck did not say…
In a shocking turn of events, one of the founding members of the infamous Medellín drug cartel, Fabio Ochoa Vasquez, has returned to Colombia after spending over two decades behind…
Former US President Bill Clinton has been admitted to Georgetown University Medical Center in Washington, DC, after his fever developed. “Clinton is in good spirits and appreciative of the exceptional…
A budget to prevent a shutdown has been passed by the US government, but the contentious deal notably does not contain a proposed increase to the federal borrowing limit backed…
The National Bank of Canada’s historic purchase of Canadian Western Bank is like a seismic modicum in the very make-up of the Canadian economy. The CAD 5.2 billion transaction is…
The core PCE Price Index, the Federal Reserve’s favored inflation measure, increased at an annual pace of 2.4% in November compared to expectations of 2.6%. This is a daily reading…
