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Wall Street’s record rally faces a new test as ‘Trumpflation’ concerns grow alongside AI-driven pricing pressures. Sticky core PCE inflation at 3.3% and rising Treasury yields raise fears that the Federal Reserve could hold interest rates higher for longer or hike rates, threatening high equity valuations.
InvestingPro’s Fair Value flagged SSII as overvalued before 55% drop
Weekly current affairs: India’s fighter jet push, changes in UPI policy and more
Columbus McKinnon delivers 66% return after Fair Value call
Kiara Advani turned heads at the Bengaluru trailer launch of her upcoming film ‘Toxic’ in a striking all-white couture ensemble that blended architectural fashion with quiet luxury. From a hand-cut corset by Moscow-based label Say No More to diamond-studded earrings worth over Rs. 3.5 lakh, here’s a complete price tag breakdown of the actress’s head-turning…
Opposition parties plan to strongly protest the proposed Foreign Contribution Regulation Amendment Bill. This legislation is expected to be introduced in Parliament during the Monsoon Session. Congress leaders allege the bill targets minorities and NGOs, deeming it unconstitutional. They also raise concerns about student protest handling and delimitation proposals. Opposition parties are preparing for parliamentary…
Apple tests memory chips from China’s CXMT to ease AI-driven supply crunch – WSJ
Jharkhand’s Chief Minister Hemant Soren addressed the ongoing protests, urging young demonstrators to reject political affiliations. His commitment to transparency and justice regarding recruitment exam irregularities was clear as he highlighted the importance of discussions over confrontation. Soren warns that misinformation from rival factions aims to stir unrest, while the protests now stretch into their…
Britain has long pioneered new political models, from the welfare state in the 1940s to the “third way” in the 1990s. It is also unusually vulnerable to the march of AI-armed citizens, because its administrative traditions favour the written submissions that AI is so good at drafting.
A Malaysia Airlines flight carrying 159 passengers was forced to circle before landing at Kolkata airport after a laser beam reportedly flashed into the cockpit during its approach. The pilot was temporarily disoriented by the bright light. The aircraft landed safely, while airport authorities lodged a police complaint over the incident.