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14 min agoUber is laying off around 3,000 employees, about 10 percent of its workforce of roughly 34,000 as of the end of 2025. CEO Dara Khosrowshahi said the restructuring aims to simplify teams and remove management layers to make the company faster and more efficient. Remote workers will be required to relocate to offices.14 min agoSaudi Arabia said an Iranian attack on the Sidr was responsible for the deaths of the two Filipino sailors. The tanker was one of two Saudi supertankers reported to have been hit while transiting the Strait of Hormuz on Monday.28 min agoThe golfer agreed Wednesday to the reckless driving charge stemming from a March crash near his Jupiter Island home. He had initially denied a driving under the influence charge after his SUV struck a truck on a beachside road.28 min agoFollowing a glacial flood that claimed over 1,000 lives across both nations, Nepal intends to establish seismic sensors, cameras and satellite connectivity at Timure in Rasuwa district along its frontier with China. The calamity destroyed the existing monitoring infrastructure, including at least four measurement stations positioned near the frontier.44 min agoNew Jersey petitioned the Supreme Court on Wednesday to resolve a growing legal battle between prediction market platforms and states over who holds authority to regulate them. The case marks the first time the dispute, which has produced conflicting appellate decisions, has reached the justices.44 min agoChevron said it has obtained additional acreage in Venezuela and will double its output at the country's oil fields. The US oil company is the only American firm with major operations there, and the expansion arrives amid Venezuela's political and economic turmoil.44 min agoUber said the cuts will reduce the number of managers in the company by 20 percent. The company also plans to ask more employees to work in the office.44 min agoNetanyahu stressed that the Gaza Strip will "no longer pose a threat to Israel," noting that the goal has "largely been achieved." The IDF said it has destroyed 26 kilometers of Hamas tunnels east of the Yellow Line.59 min agoA U.S. judge recently ruled in favor of Anthropic in its dispute with the Defense Department over military contracts. Commerce Secretary Howard Lutnick indicated the AI company has mended its relationship with the Trump administration following the decision.59 min agoThe Trump administration filed a brief in Manhattan federal court supporting OpenAI's position that AI training constitutes fair use of copyrighted material. The government cited scientific advancement and national security concerns. The case stems from a 2023 lawsuit by the New York Times accusing OpenAI and Microsoft of using the newspaper's articles without authorization to train ChatGPT.14 min agoUber is laying off around 3,000 employees, about 10 percent of its workforce of roughly 34,000 as of the end of 2025. CEO Dara Khosrowshahi said the restructuring aims to simplify teams and remove management layers to make the company faster and more efficient. Remote workers will be required to relocate to offices.14 min agoSaudi Arabia said an Iranian attack on the Sidr was responsible for the deaths of the two Filipino sailors. The tanker was one of two Saudi supertankers reported to have been hit while transiting the Strait of Hormuz on Monday.28 min agoThe golfer agreed Wednesday to the reckless driving charge stemming from a March crash near his Jupiter Island home. He had initially denied a driving under the influence charge after his SUV struck a truck on a beachside road.28 min agoFollowing a glacial flood that claimed over 1,000 lives across both nations, Nepal intends to establish seismic sensors, cameras and satellite connectivity at Timure in Rasuwa district along its frontier with China. The calamity destroyed the existing monitoring infrastructure, including at least four measurement stations positioned near the frontier.44 min agoNew Jersey petitioned the Supreme Court on Wednesday to resolve a growing legal battle between prediction market platforms and states over who holds authority to regulate them. The case marks the first time the dispute, which has produced conflicting appellate decisions, has reached the justices.44 min agoChevron said it has obtained additional acreage in Venezuela and will double its output at the country's oil fields. The US oil company is the only American firm with major operations there, and the expansion arrives amid Venezuela's political and economic turmoil.44 min agoUber said the cuts will reduce the number of managers in the company by 20 percent. The company also plans to ask more employees to work in the office.44 min agoNetanyahu stressed that the Gaza Strip will "no longer pose a threat to Israel," noting that the goal has "largely been achieved." The IDF said it has destroyed 26 kilometers of Hamas tunnels east of the Yellow Line.59 min agoA U.S. judge recently ruled in favor of Anthropic in its dispute with the Defense Department over military contracts. Commerce Secretary Howard Lutnick indicated the AI company has mended its relationship with the Trump administration following the decision.59 min agoThe Trump administration filed a brief in Manhattan federal court supporting OpenAI's position that AI training constitutes fair use of copyrighted material. The government cited scientific advancement and national security concerns. The case stems from a 2023 lawsuit by the New York Times accusing OpenAI and Microsoft of using the newspaper's articles without authorization to train ChatGPT.

Currency

3 stories from Aug 29, 2026 to Sep 1, 2026 · Economy desk

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Stories: 3
Desk: Economy
First filed: Aug 29, 2026
Last filed: 1 d ago

Iran's central bank chief says reserves are adequate despite U.S. pressure

Abdolnaser Hemmati, governor of Iran's Central Bank, asserted on Tuesday that his country maintains sufficient foreign currency reserves. He indicated willingness to deploy as much as $2 billion in the foreign exchange m

1 d agoArchive photoSsu·Wikimedia Commons·CC BY-SA 4.0

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Bessent: recent yen swings stay within bounds, not disorderly

US Treasury Secretary Scott Bessent said recent yen movements were "pretty well contained" and not the kind of disorderly moves that prompted a rare j

2 d agoArchive photoUnited States Department of the Treasury·Wikimedia Commons·Public domain

Bessent warns disorderly yen moves risk destabilizing global markets

U.S. Treasury Secretary Scott Bessent cautioned that volatile yen swings could force unwinding of positions, destabilizing global markets and increasi

4 d agoArchive photoCongressman Byron Donalds Press Office·Wikimedia Commons·Public domain

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ThemeYen5 stories OrganisationBank of Japan6 stories PersonScott Bessent16 stories ThemeTreasury8 stories PersonSanae Takaichi2 stories PersonAbdolnaser Hemmati2 stories OrganisationCentral Bank of Iran2 stories ThemeMarkets3 stories ThemeCentral Bank3 stories PersonKazuo Ueda4 stories PersonU.S. Treasury4 stories PersonKevin Warsh4 stories