The Global Economic News

Jill Lepore on how opposition to data centres is reshaping politics — and what history tells us about regulating new technologies 🔥 EXCLUSIVE PARTNER OFFER Electric Neck Massager Cervical Pillow Hot Compress Neck Stretch Heating Vibration Neck Shoulder Massage Pillow Back Traction Special Price 💎 Exclusive offer! The product everyone is talking about is now at a special price. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/5f8858b8-7468-4438-b269-e1b1947b1926 © EcoNews DZ — Global Economic & Financial News

Could Alcon (ALC) and RxSight (RXST)’s Partnership Reshape the Future of Cataract Surgery? Laiba Immad Thu, August 13, 2026 at 3:49 PM PDT 5 min read ALC RXST Two ophthalmic technology leaders, Alcon Inc. (NYSE: ALC ) and RxSight, Inc. (NASDAQ: RXST ), earlier on July 6 entered into a strategic collaboration that highlights the evolving landscape of cataract and refractive surgery. The companies announced a non-exclusive pact to co-develop post-operatively adjustable pseudophakic intraocular lenses (PCIOLs). By pairing RxSight's proprietary light-adjustable technology, which allows eye surgeons to fine-tune a patient's vision using UV light after surgery, with Alcon's global commercial footprint and surgical equipment portfolio, the agreement validates RxSight's technology while expanding Alcon's premium lens offerings. Concurrently, Alcon Inc. has strengthened its international presence by opening its second training center in partnership with the Aravind Eye Care...

CEO Steve Huffman Once Said of Creating Reddit, I Just Didn't Want To Look Stupid In Front Of My Parents’ Now RDDT Stock is Joining the S&P 500 Index Sarah Holzmann Thu, August 13, 2026 at 2:57 PM PDT 2 min read RDDT ^GSPC AVB A hand holding a phone with the Reddit logo_ Mamun_Sheikh via Shutterstock_ During a Reddit AMA hosted 11 years ago, a user named GiveMeYourShekels asked newly anointed CEO Steve Huffman a couple of questions: Steve, I'm a huge fan and I'd like to ask what your thoughts are about reddit being a potential game changer in politics and pop culture. Do you believe that the reddit community has an ability to sway public opinion and policy? Did you intend this when you created reddit? More News from Barchart Mark Cuban Says If You Win The Lottery, Don't Take The Lump Sum And Tell People Who Ask for Money No, But 'Be Nice. No One Likes a Mean Billionaire' JPMorgan Just Upgraded Salesforce Stock. Here's Why. SpaceX Could Be Making $235 Bi...

Stocks making the biggest moves premarket: RDDT, AMAT, SNDK, W Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: Reddit The social media platform surged 12% after S & P Dow Jones Indices said Reddit would join the S & P 500, starting Aug. 18. The company will replace AvalonBay Communities. Applied Materials Shares lost more than 5% in premarket trading after the semiconductor manufacturing equipment maker posted Q2 results that failed to impress investors. The company earned an adjusted $3.50 per share on revenue of $9.12 billion. Sales within its key semiconductor systems division came in at $7.04 billion, only slightly above a FactSet consensus of $6.96 billion. Wayfair The online furniture retailer gained 4% after getting an upgrade from Bernstein to outperform from market perform. ""In a furniture market that is not growing, Wayfair i...

Why higher-rated corporate debt might not be the best trade Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Investors are reassessing positioning within corporate credit across the quality dimensions by using rating classifications as a proxy, amid higher real rates and an elevated AI-related supply, according to Goldman Sachs. "The catalyst has been the growing tension between solid fundamentals and challenging supply technicals within certain 'high quality' rating cohorts," Goldman said in a note Thursday. While the highest rating categories in investment-grade (AA) and high-yield (BB) constitute the highest share of debt issuance historically, their longer duration profiles and thinner spreads also mean that their returns tend to be the most sensitive to higher interest rates, Goldman said. Goldman noted that lower-rated debt has been outperforming even as investors focus on quality, adding t...

The Commodity Futures Trading Commission is conducting an internal review into "mention markets" on prediction platforms , people familiar with the situation told CNBC Friday. Mention markets are made up of contracts where traders speculate on whether specific words will be used in a speech, a corporate earnings call with analysts and investors or a television broadcast. One of the people familiar with the matter said the CFTC first alerted platform Kalshi of the review several weeks ago. The platform removed sports-related mention markets around the same time the CFTC the federal regulator for prediction markets alerted the company, the person said. NPR first reported an inquiry into mention markets late Thursday. It's unclear if the inquiry only applies to sports-related mention markets, or all of them regardless of topic. Kalshi and the CFTC declined to comment. Mention markets are some of prediction markets' most scrutinized offerings. Critics view them as easily...

Mark Cuban Says If You Win The Lottery, Don’t Take The Lump Sum And Tell People Who Ask for Money No, But Be Nice. No One Likes a Mean Billionaire’ Caleb Naysmith Thu, August 13, 2026 at 8:31 AM PDT 4 min read Mark Cuban at TechCrunch Disrupt via Wikimedia Commons There's a certain point when a lottery jackpot gets so big that people start spending it in their heads. Buy the house. Buy the cars. Help the family. Pay off every bill. Never worry about money again. More News from Barchart A $20 Billion Reason Why Intel Stock Is in Focus Marvell Technology (MRVL) Stock Might Offer a Quick Bounce Before Earnings Most Analysts Still Aren't Bullish on Tesla Stock, Even After Recent Selloff. Here's Why. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! It's a pretty great dream. With the Powerball jackpot recently reaching an estimated $1...

Goldman’s latest cash cow is all about funding the AI infrastructure boom Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Wall Street's largest banks are riding a lucrative new wave bankrolling the AI gold rush. Goldman Sachs was a key facilitator in this week's artificial intelligence funding announcements from both Nvidia and Intel . These are just two of several recent high-profile wins, providing a financial windfall for the venerable investment bank. All three of the stocks are major positions in the CNBC Investing Club portfolio. It started Monday, when Nvidia said that Goldman and five other financial institutions would combine efforts to raise $500 billion of financing to fund the AI buildout. The revenue-generating compute infrastructure serves as the cash flow-yielding collateral for those funds, much like commercial real estate or toll roads. Jim Cramer called the Nvidia idea, which is still a ...

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Image source, AFP via Getty Images By Osmond Chia , Business reporter and Lucy Hooker , Business Reporter Published 7 hours ago Hollywood actress and singer Selena Gomez is being sued by five investors who backed Wondermind Global, a mental health business she founded with her mother. Shareholders are claiming the pop star failed to fulfil promises that she would be "actively building" the brand, saying her "abject dereliction of her duties" has left the company in a "state of financial calamity". The lawsuit seeks to recover around $1.2m ( 890,000) it claims was invested as well as costs and damages. The BBC has contacted Wondermind and Gomez's representatives for comment. Gomez, who rose to fame as a child actor before moving into pop music, set up the mental health platform five years ago with her mother Mandy Teefey and businesswoman Daniella Pierson. It came after Gomez publicly discussed her own mental health struggles, including with bipolar di...

Image source, Getty Images By Alex Daniel Business reporter Published 14 August 2026, 15:08 BST Updated 1 hour ago The UK's electric vehicle (EV) sales target could be cut after the government launched a review following pressure from car makers. Currently, manufacturers must ensure a percentage of the cars they sell each year are zero emissions, with the target rising each year to reach 80% by 2030. The government has now said it is considering cutting that figure to as far as 50% of all sales by the end of the decade, which it will consult on until late October. Environmental groups have argued that watering down the target undermines the UK's long-term climate goals. Under the current policy, known as the ZEV mandate, the percentage of new car sales that need to be EVs increases each year, from 33% for 2026 until it reaches 80% by 2030. It started at 22% in 2024. An outright ban on selling purely petrol or diesel cars past 2030 will stay in place, something that Labour pro...

MIT researchers find AI chatbots give women more conservative financial advice, costing them $60,000 by age 60 Rebecca Payne Fri, August 14, 2026 at 9:30 AM PDT 4 min read shutterstock.com / PeopleImages As Americans turn to chatbots for answers on everything from grammar questions and popular baby names to how to store berries so they last longer, it's no surprise that some are also seeking financial advice from AI. However, the stakes are markedly higher when it comes to financial decisions you could potentially lose a lot more than a pint of blueberries. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going Researchers hav...

China's courts rule workers can't be fired just because AI replaced them and the US has no such protections Paul Kim Fri, August 14, 2026 at 8:30 AM PDT 5 min read WANG ZHAO / Getty Images In Hangzhou city, a city off the east coast of China and a major AI hub, a worker only identified by his surname Zhou, was laid off at a tech firm . Zhou's job, verifying the accuracy of large language models, was taken over by AI. His contract was terminated after he declined a lower-level reassignment with a 40% pay cut, 25,000 yuan ($3,640 USD) monthly to 15,000 yuan ($2,224 USD), according to Xinhua , a state news agency. An arbitration panel ruled the dismissal was illegal and awarded Zhou with additional severance. The tech firm filed a lawsuit with a Hangzhou district court in August 2025, which they lost. They lost an appeal in April 2026. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord wit...

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Japan Prime Minister Sanae Takaichi has criticized Russian President Vladimir Putin 's first-ever visit to the disputed Kuril Islands, saying they were "inherently Japanese territory." In a post on X, Takaichi said Thursday that Tokyo had "repeatedly requested the Russian side to ensure that the president does not visit the Northern Territories." The Northern Territories refers to the Kuril Islands. She added that Putin's visit was "absolutely unacceptable." The Kuril Islands sit between the southern tip of Russia's Kamchatka Peninsula and the northeastern corner of Japan's Hokkaido. The sparsely populated and volcanic archipelago separates the Sea of Okhotsk from the Pacific Ocean. The four southernmost islands of the chain were annexed by the Soviet Union when it launched an invasion of Japanese territory toward the end of World War II. During his trip , Putin visited the island of Iturup, where Russia operates a strategically important ...

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Hyperion Profit More Than Triples to $31M, HYPE Treasury Reaches $133M CryptoProwl Wed, August 12, 2026 at 5:01 PM PDT 2 min read HYPD HYPE Hyperion Profit More Than Triples to $31M, HYPE Treasury Reaches $133M Hyperion DeFi Inc. (NASDAQ: $HYPD) reported a second straight record quarter as gains across its HYPE treasury pushed net income to $31 million and lifted the value of its token holdings above $132 million. Second-quarter net income rose from $8.8 million in the first quarter, while adjusted EBITDA climbed to $53.7 million from $19.5 million. Gross HYPE holdings increased to $132.6 million from $71 million as the token price rose to $65 at quarter-end from $36.60 three months earlier. Hyperion held 2.04 million HYPE tokens at June 30, up from 1.94 million in March. Treasury gains reached $54.8 million for the quarter, more than double the $21.5 million recorded in Q1. More From Cryptoprowl: Bernstein Sees 100% Upside In TeraWulf Stock After Earnings Bitcoin ETFs Attract $754 Mi...