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Morning Brief: UK spending slows, Nvidia lifts suppliers, DeepSeek cuts AI costs

Morning Brief: UK spending slows, Nvidia lifts suppliers, DeepSeek cuts AI costs

Global markets and tech headlines saw notable movements on Friday, from cautious consumer spending in the UK to steady monetary policy in Japan. As...
India insists no disruptions to Foxconn as Chinese engineers return home

India insists no disruptions to Foxconn as Chinese engineers return home

A top government official has revealed that India does not expect major service interruption at Foxconn after the company ordered its Chinese emplo...
Gold Breaks Records, But Can Bitcoin Be Next in Line?

Gold Breaks Records, But Can Bitcoin Be Next in Line?

Gold just pulled off something it hasn’t done since the 1980s—hit an inflation-adjusted record above $3,635 an ounce. The timing is uncanny too, wi...
What’s the verdict on Japan’s economy for 2025?

What’s the verdict on Japan’s economy for 2025?

Japan’s economy was supposed to stumble in 2025. Most forecasts pointed to slowing growth and a monetary policy that was going nowhere. In the mean...
BYD cut its 2025 sales target from 5.5 million to 4.6 million

BYD cut its 2025 sales target from 5.5 million to 4.6 million

BYD, the top-selling electric vehicle manufacturer on earth, has reduced its 2025 end of year sales forecast from 5.5 million cars to 4.6 million, ...
Canada deficit surges by nearly $20 billion to all-time high of $21.16 billion in Q2

Canada deficit surges by nearly $20 billion to all-time high of $21.16 billion in Q2

Canada’s trade imbalance blew wide open in the second quarter of 2025, ballooning by C$19.84 billion to hit a record C$21.16 billion, according to ...
Berkshire Hathaway shares have dropped 14% since May 2, while the S&P 500 gained 11%

Berkshire Hathaway shares have dropped 14% since May 2, while the S&P 500 gained 11%

Berkshire Hathaway is lagging the market worse than it has in half a century, and it’s all happening as Warren Buffett steps closer to retirement. ...
The Federal Reserve keeps interest rates steady at 4.25% to 4.5%

The Federal Reserve keeps interest rates steady at 4.25% to 4.5%

The Federal Reserve held its benchmark interest rate steady again on Wednesday, leaving the federal funds rate locked in the same target range of 4...
XRP Sees Sharp Drop in Activity as Price Hovers Near $3

XRP Sees Sharp Drop in Activity as Price Hovers Near $3

XRP’s network has hit a weird patch. Active addresses on the ledger plunged 44% in just seven days, with price action following the same trend—down...
Trump says the U.S. is not prioritizing a trade deal with Canada

Trump says the U.S. is not prioritizing a trade deal with Canada

Donald Trump said on Friday that the United States is not focused on reaching a trade agreement with Canada and suggested he may just leave existin...