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News Powered By AI

Japan’s megabanks post record profits, but analysts warn growth may slow as risks mount

by News Feed Editor | May 21, 2026 | Financial

The yen gained on Wednesday following a rally in Japan’s equities and bets on more fiscally responsible policies after Prime Minister Takaichi’s election win.Yevgen Romanenko | Moment | Getty ImagesJapan’s largest banks posted record annual profits...

Narendra Modi prepares Indians for economic shock after ‘decade of disasters’ – Financial Times

by News Feed Editor | May 20, 2026 | Financial

Narendra Modi prepares Indians for economic shock after ‘decade of disasters’  Financial Times Article Attribution | Read More at Article Source

Stocks making the biggest moves after hours: Nvidia, Intuit, E.l.f. Beauty and more

by News Feed Editor | May 20, 2026 | Financial

Check out the companies making headlines in after-hours trading. Nvidia — The chip titan said revenue surged 85% year over year to $81.62 billion in the first quarter, exceeding the prediction of $78.86 billion from analysts polled by LSEG. Shares were little changed....

OpenAI takes the lead in AI IPO horse race: ‘Getting to public markets first is very important’

by News Feed Editor | May 20, 2026 | Financial

Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesReports that OpenAI is set to confidentially file for an IPO as soon as...

Fed officials see rate hike ahead if inflation stays elevated, minutes show

by News Feed Editor | May 20, 2026 | Financial

U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on April 29, 2026. Li Rui | Xinhua News Agency | Getty ImagesA majority of Federal Reserve officials at their most recent meeting anticipated that interest rate...

Economics lessons from Home Depot – The Economist

by News Feed Editor | May 20, 2026 | Financial

Economics lessons from Home Depot  The Economist Article Attribution | Read More at Article Source
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