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Cyber startup Island hits $6.4 billion valuation in new round as AI attacks fuel spending wave
Island faces an increasingly competitive cybersecurity market fueled by demand for agentic Ai defenses
The Wire
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China confirms first AI talks with U.S. have taken place, hints at trade truce extension
Chinese confirmation of the AI discussions came just hours before President Xi Jinping was scheduled to begin talks with U.S. President Donald Trump.
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New York Fed’s Williams says it's 'reasonable' to expect another rate hike by year-end
John Williams was speaking at the London Macro Policy Forum on Thursday.
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Global debt tops $365 trillion as economists sound alarm over 'vicious cycle'
More is being paid out by advanced economies in debt interest than the whole world spends on AI, defense or clean technology.
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Switzerland is keeping rates at 0% — for now
The Swiss National Bank held rates at 0% as low inflation and a strong franc enable it to diverge from other central banks, though markets expect hikes ahead.
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30-year Treasury yield hits highest level since 2004 as bond market rout continues
U.S. Treasury yields continued their upward momentum after hitting a 19-year high on Wednesday.
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Miami's ultra-luxury housing market booms as cash transactions dominate, high-end brands like Bugatti and Porsche jump in
Miami’s ultra-luxury housing segment is booming even as the broader market cools. UBS sees a declining risk of a bubble.
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Tehran criticizes Canada for not condemning Trump's threat to destroy Iran
Baqaei said that Carney chose to appease Washington by reframing a threat to "annihilate" Iran as merely "speaking the language of war."
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White House allows blocked reporters in after judge lifts Trump ban
District Judge Tim Kelly said the three outlets should have their access immediately restored from the ban that the president had announced on Sept. 18.
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Novo's new strategy hinges on something it can't manufacture: investor trust
Novo has now reached the point where it can broaden its ambitions again, CEO Mike Doustdar told CNBC, but investors remain unconvinced.
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OpenAI says agent hacked Australian government website without being told to do so
An OpenAI agent gained unauthorized access to an Australian government website while attempting to gather health data.
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World heads into food crises 'blind' as U.S. aid cuts squeeze UN food agency, experts warn
Climate shocks, conflict and a global fuel crisis, on top of surging interest rates and donor cuts, leave agencies less able to help those facing higher food prices.
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China's AI chip blitz arms Xi with a message for Trump: 'You can't choke us off'
A run of new chips and AI models from national champions gives Chinese President Xi Jinping a confidence boost, as the U.S. summit gets underway.
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Oil prices rise sharply as investors seek progress on U.S.-Iran talks
Oil fell Thursday, as traders assess a report that Asia is on track to import its highest volume of crude oil since the start of the US-Iran war.
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Historic day for global bonds as 10-year Treasury and JGB yields hit highest in decades
Japanese 10-year government bond yield rose to a 30-year high on Thursday, following a surge in Treasury yields.
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Chinese authorities reportedly in possession of F-35 components in Hong Kong
Shipping giant UPS was sending a cockpit canopy and weapons bay door to the U.S. from Australia in late May when it was diverted to Hong Kong.
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America’s Asian allies want a Trump-Xi truce — but not at their expense
There are concerns that Trump could soften Washington's position on Taiwan or other regional security issues in return for concessions from Beijing.
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Mark Zuckerberg debuts $1,299 Meta VR Glasses and Muse Charm pendant as part of AI agent push
Meta CEO Mark Zuckerberg reveals $1,299 Meta VR Glasses and Muse Charm gadget for AI agents.
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Inside India newsletter: Apple set to take a bigger bite of the world’s second-largest smartphone market
Apple's latest iPhone launch will boost its market share in India at a time when many incumbent Chinese brands that dominate the market are struggling to sell.
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U.S.-China trade truce extended for two months, Bessent says, as Xi begins state visit
The deal, which was set to expire in November, will now be extended to Jan. 10, Bessent said, noting the need for Beijing to fulfill more deliverables.
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Flock, Axon dodge Senate hearing after invite from Chair Josh Hawley
Prior to the hearing about the surveillance technology companies, Sen. Josh Hawley, R-Mo., suggested the executives could face subpoenas.
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Dow falls for a third day as bond yields hit fresh highs: Live updates
The major averages tumbled in Wednesday's regular trading as a spike in Treasury yields raised the specter of additional rate hikes from the Federal Reserve.
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Meta's standoff with Amazon over Muse could be a sign of things to come
Meta's new Muse AI personal agent is garnering excitement and shows signs of becoming a hit, but Amazon has blocked the app from its site.
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Harvey Weinstein is sentenced to 15 years in prison for 2006 sex crime in New York
Harvey Weinstein was sentenced to 15 years in prison following his retrial for sexually assaulting a former production asisstant in 2006.
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