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AI Stocks Are Becoming Wall Street’s New Defensive Trade As Inflation Fears Rise, Goldman Says

by Sweta Killa | May 18, 2026 | General

The AI stocks are viewed as a defensive trade amid worries about inflation, oil and slow growth, which are weighing on broader risk appetite, according to Goldman Sachs Group Inc. (NYSE:GS). Investors Seek Safety In AI Stocks According to a Monday report from Business...

Trump’s Cuba Threats Could Trigger 1980 Style Migration Wave, Bush-Era Defense Secretary Warns

by Namrata Sen | May 18, 2026 | General

In the wake of recent threats from President Donald Trump towards Cuba, former Defense Secretary Robert Gates has voiced concerns about a potential migration crisis from the island to the U.S. Gates, in a conversation with CBS News’s Margaret Brennan on...

Taiwan Semiconductor Fires On All Cylinders: Japan Turns Profitable, Arizona Earnings Soar

by Anusuya Lahiri | May 18, 2026 | General

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) remained in focus Monday after its Japan and U.S. operations delivered sharply improved profitability while the company accelerated global expansion plans to capture surging artificial intelligence-driven...

Elizabeth Warren Warns AI Could Trigger Mass Layoffs, Says ‘Your Health Care Should Not Be Dependent On Your Job’

by Snigdha Gairola | May 18, 2026 | General

On Sunday, Sen. Elizabeth Warren (D-Mass.) warned that the rise of artificial intelligence (AI) could lead to widespread job losses and called for sweeping policy changes to protect workers if that scenario becomes reality. Warren Urges AI Safety Nets In a post on X...

Americans Have Spent $41 Billion Extra On Gas Since Iran War Began As Inflation Pressures Spread Across Economy

by Tanya Rawat | May 18, 2026 | General

Americans have spent more than $41 billion in additional fuel costs since the Iran conflict began in late February, as rising oil prices continue to ripple across the U.S. economy and pushing inflation higher. According to estimates from Brown University’s...
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