Category: Business

TSMC sales jumped 44.7% in July as strong AI chip demand boosted revenue, with Nvidia and Google among major customers driving the semiconductor boom.  (REUTERS/Ann Wang) (REUTERS)
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Why TSMC sales surged 45% as AI boom drives demand for advanced chips

TSMC has reported a huge jump in sales as demand for AI chips remains strong. Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s biggest chipmaker, reported…

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Scott Bessent is trying to lower US bond yields as inflation, high deficits and Treasury debt keep borrowing costs high despite Trump’s push for lower rates. (REUTERS/Kylie Cooper/File Photo) (REUTERS)
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Trump wants lower rates. Bessent is trying to calm the bond market — but can he?

US Treasury Secretary Scott Bessent appears to be taking new steps to stop US bond yields from rising further. Wall Street traders and strategists say…

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Unitree’s IPO tests China’s humanoid robot boom as the company races ahead in production (Pexel/Representative image) (Pexel)
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China’s humanoid robots are moving faster. Unitree IPO puts robot boom to the test: Can it beat the US?

Unitree Robotics is becoming a major name in China’s humanoid robot race. The company may not be well known outside China, but its robots have…

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Iran war is pushing up oil and other costs raising fears that higher rates could threaten Wall Street’s bull market. (REUTERS/Jeenah Moon/File Photo) (REUTERS)
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Trumpflation could threaten Wall Street’s bull market: How the Iran war is keeping inflation high

Donald Trump’s return to the White House has historically gone alongside strong stock-market gains. During his first, non-consecutive presidential term, the Dow Jones Industrial Average…

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The Treasury Department will take over defaulted student loans from the Education Department (Pexel/Representative image) (Pexel)
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Treasury to take over defaulted student loans from Education Department: What 10 million borrowers need to know

The US government is moving ahead with a major change to how defaulted student loans are managed. The Treasury Department is preparing to take over…

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The 2026 midterm elections could reshape the stock market (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
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2026 midterm elections could be a turning point for the US stock market: What investors should know

The 2026 midterm elections could become a major test for the US stock market. Bank of America strategists are warning that the current bull market…

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A $10,000 Apple stock investment made 10 years ago would be worth about $126,000 today. (REUTERS/Dado Ruvic/Illustration/File Photo) (REUTERS)
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What if you bought apple stock 10 years ago? Here’s what $10,000 would be worth today

Apple has created huge wealth for long-term investors. Apple is now worth about $4.54 trillion, after gaining roughly 51% in the past year. That increase…

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Mortgage approval may not show how much house you can afford.  (Pexel/Representative image) (Pexel)
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How much house can you afford? Why mortgage approval may cost you more than you think

Mortgage approval does not always mean you can comfortably afford the house. The amount a lender says you can borrow and the amount you can…

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SpaceX may be a rocket company, but nowadays it feels more like a roller coaster.
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Selling the dream of SpaceX was the easy part. Now Elon Musk has to hang on.

SpaceX may be a rocket company, but nowadays it feels more like a roller coaster. SpaceX may be a rocket company, but nowadays it feels…

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Mehul Choksi, 67, is held in a prison in Antwerp following his arrest on April 11 last year at India’s request. ( Priyanka Parashar/Mint)
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Fugitive Mehul Choksi’s extradition to India stalled as Belgian govt says case ‘still under examination’

Four months after a court in Antwerp ruled that fugitive diamantaire Mehul Choksi can be extradited to India, the concerned Belgian ministry supposed to take…

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