Singapore’s Temasek warns of the ‘biggest risk’ facing markets
SINGAPORE — An unwinding of the artificial intelligence trade poses the biggest risk to markets,…
Washington — New videos obtained exclusively by CBS News show Iranian attacks on a major U.S. military base in Kuwait as the war with Iran kicked off seven months ago. American forces faced ballistic missiles, drones and what witnesses described as Iranian F-5 fighter jets. The footage obtained by CBS News was recorded by a…
A premature New England panic cools with a Patriots victory in Buffalo.
The Nasdaq-100 is up 15% since its July low and is now 2% above its previous record from June. The S&P 500, after a two-month-long battle with surging interest rates, is back trading at an all-time high. You’d think that resilience would be met with some fanfare. Instead, the two biggest options trades on the…
It is a truth universally acknowledged that a good story starts with a good first line. In TODAY’s “Cold Open,” authors tease their buzzy upcoming release by revealing and explaining its first line, paragraph or page. The pivotal first scene of the TV adaptation of “Heated Rivalry,” in which hockey stars Shane and Ilya meet…
Digital investment platform Webull, which counts 28 million global users, is quietly “tied in structural ways” to China’s government, representing a national security threat to U.S. finance, according to a bipartisan congressional panel’s findings shared exclusively with CNBC. The bipartisan House Select Committee on China in its new report being released Wednesday found “a profound…
Three years after Hamas militants launched their assault on southern Israel, killing 1,200 people, taking 251 others hostage and triggering Israel’s war in Gaza that has killed tens of thousands of Palestinians, CBS News met two teenagers on both sides of the Gaza border to find out how they are coping. “Some kind of nightmare”…
The bill, which would cap athlete pay and transfers, still needs to pass the House to become law. President Trump is a strong supporter.
The Reserve Bank of India on Wednesday raised interest rates for the first time since 2023, joining several major central banks in tightening monetary policy to arrest accelerating inflation. The central bank increased the benchmark repo rate by 25 basis points to a 1-year high of 5.50%, in line with expectations of economists polled by…
Mariah Carey and her music took over “Dancing With the Stars.” The 12 remaining couples performed to the R&B icon’s classics for “Mariah Carey Night” during the Oct. 6 episode. The show opened with a special message from Carey herself, who called it an honor to have a “DWTS” night dedicated to her greatest hits….
SINGAPORE — An unwinding of the artificial intelligence trade poses the biggest risk to markets, according to Singapore’s state-owned investment giant Temasek. “We don’t see that as imminent, but will you have bumps in 2027? Yeah, possibly yes,” Rohit Sipahimalani, Temasek’s chief investment officer, said at the Milken Institute Asia Summit in Singapore. AI has…