WASHINGTON (AP) — Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial markets can handle. Rising bond yields are one of the few force
By Deepa Seetharaman SAN FRANCISCO, Sept 1 (Reuters) – OpenAI has determined that one of its upcoming models is so capable it requires additional safety measures before it can be launched. The model, called Astra, can spot more security vulnerabilities than the most advanced OpenAI model publicly av
ASHEVILLE, N.C. (AP) — Driven in part by his own experience with poverty as a child, Treasury Secretary Scott Bessent is pitching a financial literacy campaign to leaders of the world’s largest economies and suggesting an investment account program begun under President Donald Trump as a model for i
ASHEVILLE, N.C. (AP) — Treasury Secretary Scott Bessent said Tuesday that 19 of the members of the G20 agreed to address streams of “cheap exports” that cause global economic imbalances, but China dissented. Bessent said that getting even 19 countries to agree to take on the problem was “incredible”
Sept 1 (Reuters) – Palo Alto Networks beat fourth-quarter earnings estimates on Tuesday and announced the acquisition of AI-native platform Console, saying advances in artificial intelligence are making cybersecurity a higher priority for corporate technology leaders. Here are more details: • Palo A
By Suzanne McGee PROVIDENCE, Rhode Island, Sept 1 (Reuters) – Market participants raised concerns over the U.S. Securities and Exchange Commission’s proposal to label a broad swathe of exchange-traded funds as “novel ETFs,” according to a Reuters review of letters filed with the Wall Street regulato
(AP) – The United States military says its latest strikes against Iranian forces were limited, precise, and aimed at protecting international shipping in one of the world’s most important waterways. U.S. Central Command says American forces targeted Iranian Revolutionary Guard forces Sunday after th
By Scott DiSavino NEW YORK, Sept 1 (Reuters) – Oil prices jumped more than $4 a barrel on Tuesday, settling at a five-week high, as traders feared more supply disruptions from the Middle East due to renewed fighting between the U.S. and Iran. Brent futures rose $4.16, or 4.6%, to settle at $94.65 a
CARACAS, Sept 1 (Reuters) – Venezuela’s ruling party-dominated National Assembly backed the country’s oil deal with the Trump administration in a vote on Tuesday, ahead of a visit to Caracas by the U.S. Energy Secretary. The unprecedented deal for the U.S. to gain access to a fifth of Venezuela’s oi
By Marcela Ayres BRASILIA, Sept 1 (Reuters) – Mercado Pago, the fintech arm of Latin American e-commerce giant MercadoLibre, said it remains comfortable expanding its credit card business despite the Brazilian central bank’s growing concern over rising household indebtedness. Speaking to Reuters on
WASHINGTON (AP) — Oil giant Chevron is planning to expand its operations in Venezuela, a U.S. official said Tuesday, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. The official, who briefed reporte
By Foo Yun Chee BRUSSELS, Sept 1 (Reuters) – EU antitrust regulators are seeking feedback from publishers on Google’s proposal to let them opt out of AI search without affecting their rankings in search results, a questionnaire seen by Reuters showed. The publishers’ feedback could determine the out
By David Lawder and Leika Kihara ASHEVILLE, North Carolina, Sept 1 (Reuters) – U.S. Treasury Secretary Scott Bessent urged Bank of Japan Governor Kazuo Ueda to conduct sound monetary policy to anchor inflation expectations and avoid excessive yen volatility, the Treasury Department said, cementing t
Sept 1 (Reuters) – A resurgence in CD demand helped power a nearly 7% increase in U.S. recorded music revenue in the first half of 2026, the Recording Industry Association of America said on Tuesday. The jump underscores growing consumer interest in retro music formats, building on the revival of vi
LONDON, Sept 1 (Reuters) – Nestle will sell its mainstream vitamin brands to private equity firm Yellow Wood Partners for $1 billion, it said on Tuesday, as CEO Philipp Navratil tightens the company’s strategic focus. Navratil, who took the top job at Nestle exactly a year ago, has reduced Nestle’s
By Byron Kaye SYDNEY, Sept 1 (Reuters) – An Australian judge said he may order Tesla to give an independent expert access to its internal engineering platforms as part of a class action against the Elon Musk-led carmaker, a move designed to bypass a drawn-out discovery process that has dogged the ca
By Philip Blenkinsop and David Lawder ASHEVILLE, North Carolina, Sept 1 (Reuters) – The Trump administration urged other G20 countries on Tuesday to do more to protect their domestic industries and job markets from Chinese imports, arguing such distortions were “sucking” much-needed growth out of th
Sept 1 (Reuters) – Keurig Dr Pepper said on Tuesday it would sell its investment in Chobani back to the yogurt maker for $925 million, as the beverage company reshapes its business following its acquisition of JDE Peet’s. Here are some details: • Keurig will sell its entire equity stake in Chobani f
By Dhara Ranasinghe and Harry Robertson LONDON, Sept 1 (Reuters) – Government borrowing costs from the United States to Germany and Japan are at or near multi-decade peaks on heightened worries about inflation and rising interest rates, along with nagging anxiety about their debt loads. Elevated bon
By Simon Jessop LONDON, Sept 1 (Reuters) – Shareholder rebellions over executive pay eased across many of the world’s biggest stock markets this year, with opposition falling in Europe, the United States and Japan despite a handful of high-profile revolts. The move comes as pay and perks continue to
WASHINGTON (AP) — Employers posted slightly more job openings in July but the American labor market remained sturdy in the face of higher costs that are squeezing household budgets. U.S. job openings ticked up to 7.27 million in July from a revised 7.18 million in June, the Labor Department reported
NEW YORK (AP) — Walk into a corner of a newsroom somewhere and you can often find it affixed to a bulletin board, perhaps peeking out from behind the coffee pot: the Society of Professional Journalists’s Code of Ethics. It’s less than a thousand words, fitting neatly on a poster. But those words — o
By Karen Brettell NEW YORK, Sept 1 (Reuters) – A selloff in U.S. government bonds is pushing up borrowing costs, which could squeeze households, companies, financial markets and the federal budget alike. WHY HAVE YIELDS BEEN RISING? Investors point to several forces behind the move, which has sent t
WASHINGTON, Sept 1 (Reuters) – U.S. job openings increased in July amid a surge in manufacturing vacancies, but weak hiring suggested the labor market remained in a holding pattern. Job openings, a measure of labor demand, had risen by 89,000 to 7.271 million by the last day of July, the Labor Depar
Iran is ready to return to the ceasefire deal reached with the United States in June if Washington does the same, President Masoud Pezeshkian said on Tuesday, in conciliatory remarks following the first exchange of fire between the two countries in a month. Here’s a look at the latest developments i
ISTANBUL (AP) — A submersible vessel joined the search Tuesday for 20 people missing for two days following a ferry disaster off the coast of Cyprus. Eight people died when the passenger ferry Filo Jet, which was carrying 267 passengers and crew, capsized and sank after leaving Kyrenia, a port in no
LAS MINAS, Cuba (AP) — The Barroso family rose at dawn and hitched a cart to a borrowed horse to take their daughters to school on Tuesday, the first day of classes for many students across Cuba. As the crises deepen on the island, thieves recently stole the family’s horse and killed it for food, so
ASHEVILLE, North Carolina, Sept 1 (Reuters) – U.S. Treasury Secretary Scott Bessent said on Tuesday the United States is likely to announce sanctions on a bank this week as part of its economic campaign against Iran. “We are probably going to announce a bank sanction this week, and we will announce
WASHINGTON, Sept 1 (Reuters) – U.S. manufacturing activity eased in August after strong growth in the prior month, with new orders slowing and input prices remaining high amid persistent supply-chain strains. The Institute for Supply Management said on Tuesday its manufacturing PMI fell to a still-e
BERLIN, Sept 1 (Reuters) – Volkswagen’s management board plans to propose ending production at four German plants between 2031 and 2034, German business outlet WirtschaftsWoche reported on Tuesday. The Emden and Zwickau plants are slated to end production in 2031, followed by Hanover in 2032 and fin
