US Pauses Iran Bombing Campaign As Saudi-Houthi Red Sea Front Erupts

Tencent Soars Most Since 2022 On Report It's Set To Launch AI Agent For China's Most Used App Tencent shares jumped the most since late 2022 after an FT report that the Chinese company was testing a prototype AI agent for WeChat, China’s most widely used app for everything from messaging and social media to ride-hailing and payments, fueled optimism about the company’s artificial intelligence efforts.  The Chinese internet giant plans to begin a compliance process for a public launch of the agent as soon as this month, the Financial Times reported,...

US-Israeli sites continue to pound civilian targets in Iran, hitting an orphanage, a cancer drug facility, a religious site, and more residential buildings in recent days. CNN reported, citing Iran’s semi-official Fars News Agency, that a US or Israeli strike on Monday hit a newly built orphan charity complex in the city of Fardis, about […]

Three Fed Officials Explain Why They Dissented, Blasting Fed's "Easing Bias" This morning, three Fed officials said they dissented over this week’s policy statement because it was no longer appropriate to signal the Fed’s next move was still likely to be an interest-rate cut. “I believe the FOMC should offer a policy outlook that signals that the next rate change could be either a cut or a hike, depending on how the economy evolves,” Minneapolis Fed president Neel Kashkari said in an essay released on Friday morning. “This could tighten financial conditions somewhat today,...