Bond yields fell early Wednesday as traders awaited the consumer price index report for February, due before the opening bell rings on Wall Street.
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Category: Economy
Latest Economy news from the Middle East and around the world
Let your child enjoy thrill of Lamborghini Ride! Limited edition stroller for $5K
ALBAWABA – Lamborghini, the Italian manufacturer of luxury sports cars and SUVs, has announced the launch of a new special edition baby stroller priced at approximately $5,000…
The anywhere-but-America trade has been working. But there are limits.
Investors have been rewarded for investing outside the United States — but real headwinds are emerging that could limit the successful trade.
Stitch Fix’s stock rallies after styling service boosts full-year sales forecast
Shares of Stitch Fix rallied after hours on Tuesday, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as sales continued to fall.
Trump retreats from 50% tariffs on Canadian metals. Here’s what comes next.
President Donald Trump on Tuesday backed off a 50% tariff on imports of Canadian steel and aluminum, ratcheting down a threat against a major U.S. trading partner on another day of whiplash for U.S. stocks.
Oracle won some big cloud contracts. Here’s why its stock is falling.
Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about growing costs associated with building out more data centers.
Verizon and AT&T are seeing stock drops. Here’s what’s driving the selloff.
Verizon calls out a more competitive wireless industry — and that’s weighing on its shares, as well as those of its peers.
This cinema stock is a ‘safe bet in a volatile market’ — and it’s not AMC or Cinemark
High-end movie-theater operator IMAX Corp. is well-positioned to shine in a tough macroeconomic environment, according to analyst firm Benchmark.
Nvidia’s stock has been ‘brutalized.’ Here’s the big disconnect.
Investors appear worried about the health of AI spending. But big AI customers don’t seem hesitant, an analyst notes.
I viewed a $600K house. I discovered it has an unsafe kitchen extension with no foundation. Do I speak up?
“The next-door neighbor was going to buy it, but the seller warned him off.”
Why should I tip servers who earn $20 an hour?
“It seems the whole point of tipping was to make up for low wages, and that is no longer an issue.”
Roatan island: where the wealthy modify their DNA
ALBAWABA – Roatan, an island in the Caribbean about 65 kilometers off the northern coast of Honduras, has become a sought-after destination for wealthy individuals…
Manus: everything you need to know about the new Chinese AI agent
ALBAWABA – After the latest DeepSeek release and Buzz, China is hitting back with the new artificial intelligence (AI) agent, Manus…
China's Manus AI can generate a 'Zelensky-White House Debate' game
ALBAWABA – China has once again taken the tech world by storm with Manus AI which is claimed to be the world’s first general-purpose AI agent that provides its users with various tasks in work and life…
Ukraine or pro-Palestine group? Who is really behind cyber attack on X?
ALBAWABA – Is X down? social media users have been submitting complaints that Elon Musk’s platform is facing an outage on Monday…
Saudi Arabia develops robot to pollinate and harvest dates
ALBAWABA – King Abdullah University of Science and Technology (KAUST), a private research university in Saudi Arabia, has unveiled a new robot designed to pollinate and harvest dates…
Musk and NASA plan to send Cybertrucks to Mars
ALBAWABA – Elon Musk, the American entrepreneur and US government contractor best known for his leadership at Tesla, SpaceX, xAI, The Boring Company, and X, is collaborating with NASA (the National Aeronautics and Space Administration), an independent US government agency responsible for the nation’s civil space program and aeronautics and space research, to send Tesla Cybertrucks to Mars…
Gen Z's 'No Buy' movement: fighting fast fashion and overspending
ALBAWABA – Generation Z, or Gen Z, also known as Zoomers, refers to people born approximately between 1997 and 2012, initiated the ‘No Buy’ movement with the aim of fighting fast fashion and overspending…
Kanye West collaborates with Ansem, $yzy rumors swarm social media
ALBAWABA – Controversial American rapper Kanye West (Now known as Ye) is once again the talk of social media after taking to X (formerly known as Twitter) with a video featuring himself and Ansem, a notable figure in the cryptocurrency community…
Everything you need to know about the new flying taxi
ALBAWABA – Joby Aviation, an American venture-backed aviation company, has partnered with Uber Technologies, the multinational transportation giant, and Delta Air Lines, a major US airline, to launch the new flying taxis…
The 5 richest women in the world on Women's Day
ALBAWABA – On March 8th, we celebrate International Women’s Day, a global occasion honoring the social, economic, cultural, and political achievements of women…
Microsoft’s new AI model competes with OpenAI
ALBAWABA – Microsoft, the American multinational technology company, has launched a new artificial intelligence (AI) model, positioning itself as a competitor to the models developed by OpenAI, the American AI research organization…
US to ban DeepSeek on government devices
ALBAWABA – A recent report by The Wall Street Journal (WSJ) stated that the United States (US) will ban DeepSeek, the Chinese artificial intelligence (AI) chatbot, on government devices…
United Airlines now offers Starlink wi-fi
ALBAWABA – United Airlines, a major US airline, now offers Wi-Fi services to its passengers through Starlink, the world’s first and largest satellite constellation, funded and owned by Elon Musk…
WhatsApp introduces new screen dedicated to Meta AI
ALBAWABA – WhatsApp, the messaging service that’s part of the Meta fleet, owned by the same company as Facebook, introduced a new screen dedicated to Meta AI, a research division of Meta Platforms that develops artificial intelligence and augmented and artificial reality technologies…
Microsoft announces plans for AI data centers in Kuwait
ALBAWABA – Microsoft, the American multinational technology company, has announced plans to establish multiple artificial intelligence (AI) data centers in Kuwait…
OneRoyal Announces World Cup Legend Diego Forlán as Brand Ambassador
OneRoyal, an award-winning online broker, has announced an exciting partnership with Uruguayan football icon Diego Forlán…
Samsung's XR headset to compete with Apple Vision Pro
ALBAWABA – Samsung, the South Korean multinational manufacturer, is set to launch its extended reality (XR) headset this year, directly competing with Apple’s Vision Pro…
Musk's bid to block OpenAI's profit shift rejected
ALBAWABA – Elon Musk, the American entrepreneur and US government contractor best known for his leadership roles at Tesla, SpaceX, xAI, The Boring Company, and X, attempted to block the profit shift of OpenAI, the US based artificial intelligence research organization behind ChatGPT, the generative AI chatbot…
MacBook Air M4 and iPad Air: latest leaks unveiled
ALBAWABA – Apple, the American multinational technology company, is preparing to launch its all-new MacBook Air M4 and iPad Air…