Concern over AI and misgivings about data center construction helped drive votes for change in the midterm election — and have fueled stock market volatility that experts say is likely to continue. Investors are worried that the political shift in Congress could slow the buildout of data centers that power AI, potentially throttling one of the economy’s…
Author Michael Lewis believes most Americans do not know that civil servants in the federal government take an oath of office. “I didn’t know,” he said. “I don’t think I knew even after I’d written a whole book about them. So, I assume not.” “I, ___, do solemnly swear (or affirm) that I will support…
Former GOP Sen. Jon Kyl of Arizona, a longtime lawmaker who guided the confirmation of Supreme Court Justice Brett Kavanaugh and shaped landmark water policies in the western part of the country, has died at the age of 84. According to a statement released by his family, Kyl died due to complications stemming from a…
U.S. Treasury Secretary Scott Bessent said on Wednesday that the agency will buy up to $6 billion in long-term government bonds as part of an effort to curb rising yields and ease borrowing costs. The Treasury Department vowed last month to “at least” double its bond buybacks to $4 billion to prop up prices (bond yields. Higher…
The White House on Wednesday declassified information claiming the FBI opened an investigation into whether President Trump was acting as an asset for Russia when he fired FBI Director James Comey, a theory an administration official said was not backed up by evidence. The official said the investigation, known as Oxferd Comma, was a subcomponent…
The Pakistan Stock Exchange (PSX) opened the week in the green on Monday, gaining more than 2,100 points to close above the 178,000 mark. The development came as global oil prices tumbled on Monday, after United States President Donald Trump said fresh talks with Iran would begin later in the day. At 11am, the benchmark…
The Pakistan Stock Exchange (PSX) opened the week in the green, gaining more than 2,000 points during intraday trade. At 11am, the benchmark KSE-100 index had gained 2273.78 points, from the previous close of 176,094.11 points. The development came as global oil prices tumbled on Monday as Donald Trump said fresh talks with Iran will…
