The Reserve Bank of Australia (RBA) building is seen behind construction fences on August 06, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty ImagesThe Reserve Bank of Australia on Tuesday expectedly held its benchmark policy rate at 4.1%, despite having flagged earlier that inflation was declining at a faster pace than expected.The country’s inflation reading in February came in at a softer-than-expected 2.4%.In its last meeting, the central bank said that “some of the upside risks to inflation appear to have eased,” noting a sharper-than-anticipated decline.However, the bank also added that if monetary policy was eased…
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In this photo illustration, Claude AI logo is seen on a smartphone and Anthropic logo on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesAnthropic on Monday announced updates to the “responsible scaling” policy for its artificial intelligence technology, including defining which of its model safety levels are powerful enough to need additional protections.The company, backed by Amazon, published safety and security updates in a blog post. If the company is stress-testing an AI model and sees that it has the capacity to potentially help a “moderately-resourced state program” develop chemical…
The Israeli military said early Tuesday that it had conducted a strike on the southern outskirts of Beirut, the second attack near Lebanon’s capital in less than a week.Israel and Hezbollah agreed to a cease-fire in November, raising hopes that Lebanon’s deadliest war in decades could be over. But the recent strikes have prompted fears that the truce could unravel.The Israeli military said the latest strike, in the Dahiya area in Beirut’s southern suburbs, had targeted a Hezbollah operative who had directed and assisted Hamas in planning a “significant and imminent” attack against Israel.Israel acted to eliminate the operative because…
The ‘Fast Money’ traders talk the countdown to tariffs. Source link
Lebanese soldiers gather at the site of an Israeli strike in southern Beirut on March 28, 2025. Marwan Naamani/Picture Alliance | Picture Alliance | Getty ImagesThe Israeli military said early on Tuesday that it attacked a Hezbollah militant in Beirut’s southern suburbs, a few days after it had carried out a strike there, further testing a shaky four-month ceasefire between Israel and the Iran-aligned group.”The strike targeted a Hezbollah terrorist who had recently directed Hamas operatives and assisted them in planning a significant and imminent terror attack against Israeli civilians,” the army added in a statement.Witnesses said airplanes were heard flying low over the Lebanese capital and loud blasts were heard across the city.The November U.S.-brokered truce halted the year-long conflict and…
The United Arab Emirates on Monday sentenced three people to death for the abduction and killing of an Israeli Moldovan rabbi last November, a case that raised concerns about the safety of the country’s small but growing Jewish community.The U.A.E.’s state news agency, WAM, reported that the Abu Dhabi Federal Court of Appeals’ State Security Chamber decided on the death penalty for the “premeditated murder with terrorist intention” of Rabbi Zvi Kogan.A fourth person was sentenced for aiding in the crime — in what way the government did not say — to a prison term, followed by deportation from the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyJulian Emanuel, Evercore ISI senior managing director, joins ‘Fast Money’ to talk how tariffs are impacting the markets and the Federal Reserve.04:564 hours ago Source link
CNBC’s Jim Cramer said Monday that investor sentiment has gotten too negative but could improve if President Donald Trump clarifies his tariff policies.Measures like inflation and unemployment have shown positive signs for the economy, and the stock market soared last year, Cramer said. But despite these bullish signals, the Trump administration’s tariff policy and its attitude toward both allies and foes have darkened investors’ moods, he said.”Everything about this economy is good. Everything, everything except one thing: We have a president who is very angry at everyone,” Cramer said. “His wrath has made investors so downcast and so negative that…
Amazon has restarted drone deliveries in two states after a months-long pause, the company confirmed.In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it’s testing the service, as the company rolled out a software update to its drone fleet.Amazon discovered an abnormality with the drone’s altitude sensor, caused by dust in the air, that could have caused its system to produce an inaccurate reading of its position relative to the ground, the company said. Amazon “never experienced an actual safety issue,” but said it opted to suspend deliveries while it…
Traders work on the floor of the New York Stock Exchange on March 28, 2025, in New York City. Spencer Platt | Getty Images Monday was the last trading day of the quarter. U.S. stocks took a heavy beating during the period: Both the S&P 500 and Nasdaq Composite broke their five-quarter winning streaks and suffered their heaviest three-month losses since 2022. The Nasdaq remains in correction territory.But it won’t be the last tumult stocks will experience. Reciprocal tariffs on “all countries” will start Wednesday, U.S. President Donald Trump said Sunday. While Trump has described the start of his tariffs as…
