Key Events This Week: PPI, Iran Talks, Nvidia Earnings, Fed Speakers Galore And State Of The Union

US Southern Command (SOUTHCOM) announced it had targeted a suspected drug boat in the Caribbean Sea, and Green Berets conducted anti-drug operations in Ecuador. President Donald Trump ordered increased military operations in Central and South America against cartels.  “Joint Task Force Western Hemisphere executed a lethal kinetic strike on a go-fast vessel operating along established […]

Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution - better known as the central banks' central bank - cited those on a list of “pressure points” that currently “demand attention,” with underlying financial vulnerabilities lurking that could amplify any shock. “The global economy remains...

A massive Ukrainian drone attack on the Russian capital of Moscow killed at least three Russian civilians in the surrounding areas as Ukraine carried out one of its biggest attacks on Russian territory in the more than four-year-old conflict. According to Russia’s TASS news agency, two men were killed in the city of Mytishchi in […]