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US mortgage rates fall for first time in 2 months, but homebuyer demand drops 7% as costs stay high

India, Oct. 23 -- US mortgage rates fell for the first time in more than two months. However, the small drop has not encouraged more people to apply for home loans, as borrowing costs remain high. Mor... Read More


AI-powered hackers exploit PHP flaw as Europe takes government websites offline; NSA warns of cyberattack risks

India, Oct. 22 -- Government websites across Europe were taken offline on Wednesday as cybersecurity experts raised concerns about serious security flaws in PHP, a programming language used by million... Read More


US Treasury yields fall as investors track Middle East tensions, await US jobless claims data

India, Oct. 22 -- US Treasury yields fell on Thursday as investors kept a close watch on rising tensions in the Middle East and waited for fresh US jobless claims data due later in the day. The declin... Read More


World's largest sovereign wealth fund loses $30 billion in Q3 as bond returns fall

India, Oct. 22 -- Norway's sovereign wealth fund, the largest in the world, reported a loss of nearly $30 billion in the third quarter of 2026. The loss came as rising interest rates reduced the value... Read More


Barclays to cut 5,000 jobs as AI-led cost-cutting drive expands after mixed Q3 results and trading revenue falls

India, Oct. 22 -- British bank Barclays Plc has announced plans to cut 5,000 jobs, or about 5% of its total workforce, as part of a wider effort to reduce costs and improve efficiency using technology... Read More


OpenAI expands ChatGPT ads globally and sells GPT-6 Astra models through Google Cloud to enterprise customers

India, Oct. 21 -- OpenAI is expanding ChatGPT ads to more countries while also making its advanced artificial intelligence (AI) models and Codex coding agent available through Google Cloud. These move... Read More


eBay layoffs 2026: Company to cut 1,000 jobs in second round of workforce reductions

India, Oct. 21 -- Online marketplace eBay will lay off approximately 1,000 employees as part of a plan to simplify its operations and focus on its fastest-growing business areas. The cuts will affect ... Read More


Live Nation expands concert hall development as live music demand grows across the US and global markets

India, Oct. 21 -- Live Nation is expanding its business by building its own concert halls. The company, which has promoted and organised concerts around the world for decades, is now focusing on desig... Read More


Arizona's Chiricahua becomes US national park after Trump signs law, boosting tourism hopes

India, Oct. 21 -- Chiricahua in southeastern Arizona has officially become a US national park after President Donald Trump signed the Chiricahua National Park Act into law on Tuesday, October 20, 2026... Read More


Nvidia launches new AI data center system to cut setup time from six months to 14 days

India, Oct. 21 -- Nvidia has unveiled a new AI data center system called DSX POD that aims to help companies start using their artificial intelligence (AI) systems and earn revenue faster. The company... Read More