by Sweta Killa | May 28, 2026 | General
The S&P 500 Index has been scaling new highs, powered by the AI boom, resilient earnings and a still-growing economy. Current trends suggest that the index is no longer a diversified investment and is now heavily concentrated in semiconductor stocks, indicating a...
by Namrata Sen | May 28, 2026 | General
The Treasury Department has enforced sanctions on the Persian Gulf Strait Authority (PGSA) of Iran, the body that manages the operations of the Strait of Hormuz. The Department emphasized that the Strait Authority is a key player in an Iranian-controlled scheme that...
by Ananya Gairola | May 28, 2026 | General
Sen. Elizabeth Warren (D-Mass.) is calling for new taxes on artificial intelligence (AI), warning that rapid automation could deepen inequality, displace workers and concentrate wealth among tech elites. AI And Inequality Warning In a TIME article published Wednesday,...
by Eva Mathew | May 28, 2026 | General
The S&P 500 eked out another record close on Wednesday as easing oil prices offset weakness in parts of the semiconductor trade, but Polymarket traders are leaning slightly bearish ahead of a crucial inflation reading due Thursday. The S&P 500 rose 0.02% to...
by Ananya Gairola | May 28, 2026 | General
A cybersecurity incident at cruise operator Carnival Corp. (NYSE:CCL) exposed sensitive personal information after attackers gained access through a compromised employee account in a social engineering attack. Cyberattack Exposed Personal Data Through Employee Account...
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