Year: 2026
Consumer prices rose 2.4% annually in February, as expected
Prices consumers pay for a broad range of goods and services rose in line with expectations for February, offering a final look at inflation pressures before an oil shock tied to the Iran war rattled the outlook. The consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at […]
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JPMorgan Chase reins in lending to private credit firms after marking down software loans
Key Points JPMorgan is marking down collateral held by private credit firms and reducing their borrowing capacity — a preemptive move driven by market valuations, not actual loan losses. The markdowns target software company loans, where AI advances have sparked fears of disintermediation, triggering a private credit downcycle and abnormally high redemptions at firms like […]
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Treasury yields gain after sticky February inflation reading, oil price increase
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Treasury yields moved higher on Wednesday as investors weighed a sticky February inflation report and monitored moves in oil prices in the midst […]
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How the Iran war could impact hyperscalers’ massive AI buildout in the Middle East
Tech companies have been funnelling billions of dollars into AI infrastructure projects in the Middle East over the past few years, drawn in by cheap and readily available energy and land, alongside local government support. But the Iran war spilling over into neighbouring countries in the Middle East throws questions over the future of the […]
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Amazon’s Zoox partners with Uber to reach more robotaxi riders — first in Las Vegas, then LA
A Zoox robotaxi is seen driving on Nov. 19, 2025 in San Francisco, California. Justin Sullivan | Getty Images Amazon‘s Zoox is making its toaster-shaped self-driving vehicles available through the Uber app in Las Vegas starting this summer, the latest sign of momentum in the nascent but fast-growing robotaxi market. As part of a multiyear […]
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Five things to know about Iran’s new supreme leader, Mojtaba Khamenei
Iran appoints Mojtaba Khamenei as its new supreme leader. Anadolu | Anadolu | Getty Images The U.S. achieved a quick victory when its first strikes on Iran killed Ayatollah Ali Khamenei, the country’s supreme leader for nearly 37 years. But news that the country had appointed Khamenei’s son, Mojtaba Khamenei, as his successor, along with […]
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