Business

Apple’s iPhone sales surge to new quarterly high despite early missteps in artificial intelligence

Thursday, January 29 by SRN News

Apple's iPhone sales soared to a new quarterly record during the holiday season, despite artificial intelligence blunders that prompted the technology trendsetter to get a helping hand from Google. The October-December results announced Thursday reflect the allegiance of Apple's fans, who eagerly snapped up... Read More.

Trading day: Volatility surge, tech wreck

Thursday, January 29 by SRN News

ORLANDO, Florida, Jan 29 (Reuters) - Volatility coursed through world markets on Thursday as fears over a U.S. strike on Iran and threat of another U.S. government shutdown rattled oil and metals, while AI bubble fears hammered tech stocks and pushed the Nasdaq and... Read More.

Japan leans on US backing, tactical silence in war on yen bears

Thursday, January 29 by SRN News

By Makiko Yamazaki and Leika Kihara TOKYO, Jan 29 (Reuters) - Japan's top monetary officials are leveraging rare U.S. backing in their fight against the weak yen, using tactical silence and calibrated communication to drive the currency sharply higher without resorting to large-scale intervention. At the... Read More.

US mulls tapping Robinhood for ‘Trump accounts’ for kids, Bloomberg News reports

Thursday, January 29 by SRN News

Jan 29 (Reuters) - The U.S. government is considering selecting fintech Robinhood Markets for a key role in overseeing "Trump accounts" it is creating for millions of children, Bloomberg News reported on Thursday, citing people familiar with the matter. Robinhood declined to comment on the... Read More.

Visa beats first-quarter profit estimates as holiday sales boost payment volumes

Thursday, January 29 by SRN News

Jan 29 (Reuters) - Visa exceeded estimates for first-quarter profit on Thursday, buoyed by increased card usage during the holiday season amid resilient U.S. consumer spending in the last three months of 2025. Higher-income households were the primary drivers, with the holidays seeing record shoppers... Read More.

Brazil’s Agibank seeks up to $3.3 billion valuation in US IPO

Thursday, January 29 by SRN News

Jan 29 (Reuters) - Sao Paulo-based fintech Agibank said on Thursday it was seeking a valuation of up to $3.3 billion in its U.S. initial public offering, as Brazilian financial firms test investor appetite for overseas listings after years of muted issuance. The digital bank... Read More.

Venezuelan lawmakers vote to ease state grip on oil, abandoning self-proclaimed socialist tenet

Thursday, January 29 by SRN News

CARACAS, Venezuela (AP) - Venezuela's legislature on Thursday approved opening the nation's oil sector to privatization, reversing a tenet of the self-proclaimed socialist movement that has ruled the country for more than two decades. The National Assembly approved the overhaul of the energy industry... Read More.

After a day of sharp swings, Wall Street ends nearly where it began

Thursday, January 29 by SRN News

NEW YORK (AP) - A day of dramatic swings on Wall Street, including Microsoft's worst drop in years and a sudden reversal for the price of gold, finished with only relatively modest moves on Thursday. The S&P 500 slipped 0.1% after flirting with its record... Read More.

US Treasury strengthens currency monitoring criteria, but finds no manipulation

Thursday, January 29 by SRN News

WASHINGTON, Jan 29 (Reuters) - The U.S. Treasury on Thursday said it is strengthening scrutiny of countries' foreign exchange practices, including any efforts to resist depreciation of their currencies against the dollar, but did not accuse any major trading partner of currency manipulation. In its... Read More.

US commodities agency to issue ‘events contract’ regulations

Thursday, January 29 by SRN News

WASHINGTON, Jan 29 (Reuters) - The U.S. Commodity Futures Trading Commission will draft new regulations governing the burgeoning market for so-called event contracts, removing obstacles for companies that oversee wagers on politics and sports, the agency's leader said on Thursday. Michael Selig, the CFTC's new... Read More.

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Current Weather

Apple’s iPhone sales surge to new quarterly high despite early missteps in artificial intelligence

Trading day: Volatility surge, tech wreck

Japan leans on US backing, tactical silence in war on yen bears

US mulls tapping Robinhood for ‘Trump accounts’ for kids, Bloomberg News reports

Visa beats first-quarter profit estimates as holiday sales boost payment volumes

Brazil’s Agibank seeks up to $3.3 billion valuation in US IPO

Venezuelan lawmakers vote to ease state grip on oil, abandoning self-proclaimed socialist tenet

After a day of sharp swings, Wall Street ends nearly where it began

US Treasury strengthens currency monitoring criteria, but finds no manipulation

US commodities agency to issue ‘events contract’ regulations

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