International Business Times - Business News, Financial news

Oil pump

JPMorgan Analysts Said Oil Flows From The Middle East Remain 'Surprisingly Strong.' Prices Fell.

West Texas Intermediate, the U.S. benchmark, fell below $100 a barrel.

Aramco Reportedly Tells European Buyers It Doesn't Have Crude For Next Month. Oil Reversed All Losses.
The Energy Industry Keeps Taking Hits. Analysts Are Bracing For Higher Costs For Longer.
Iran Tried To Bypass The U.S.'s Hormuz Blockade With Overland Trade. But Border Chaos Is Tangling The Plan.

Trump Warned Of 'Very Big Things' Coming In The Iran War. The U.S. Is Now Urging Americans To Leave The Country.
"The security environment remains complex with the potential for unforeseen escalation," the U.S. virtual embassy in Iran said.
Bitcoin Is Rallying Despite The CLARITY Act's Failure. Crypto Investors Are Looking Past The Regulatory Setback.
Bitcoin climbed above $85,000 for the first time since January, extending a rebound that has lifted the cryptocurrency roughly 35% in three months.
Kylian Mbappé Broke With Nike After 20 Years, Adding To The Company's Woes. It Is Set To Leave The S&P 500.
Kylian Mbappé has signed with Swiss sportswear company On Holding, ending a relationship with Nike that began in 2006, when he was just 9 years old.
Trump Banned Top Media Companies From The White House. Now The TV Pool Won't Cover Him.
Trump said last Friday he would ban CNN, MSNOW and Politico from the White House. They are also suing him.
AI Leaders Keep Warning About Unrestrained Development. Bessent Said They Need To 'Take Responsibility For Themselves.'
"It is humans who are responsible, not the AI," Bessent said.
Putin's Party Kept Its Grip On Russia's Parliament. The Wartime Vote Shut Out Most Opposition Candidates.
Voting extended into Russian-occupied areas of Ukraine as Moscow faced its largest drone attack of the war on the final day of balloting.

Latest News

THE BOTTOM LINE

ai data center

OpenAI And Anthropic Have Bet Billions On Massive Data Centers. Now They're Looking At Smaller Ones,

Anthropic has also discussed large potential agreements for smaller data centers in the United Kingdom and Nordic countries.

The Spotlight

The massive miss on jobs creation fanned fears about the US economy

The Job Market Is Stable But Workers Say It Feels Frozen: Report

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

Economy in Focus

Trump's Economic Ratings Sink Ahead of Midterms: Over Half of Voters Say His Policies Have Hurt the Economy
Trump's job approval stands at 41%, while 56% of registered voters disapprove of his performance, a new poll shows.
- Trump Announces 'AI Force.' Vows To Protect Industry From Being 'Stifled.'
- Opposition To Data Centers In The U.S. Remains High. Dozens Of Projects Worth Billions Have Been Disrupted.
Volkswagen Takes New Hits: A Profit Warning Followed by Euro Stoxx 50 Exit
Volkswagen's preferred shares officially left the Euro Stoxx 50, the benchmark tracking major companies across the euro area.
- Volkswagen Will Shed Tens Of Thousands Of Jobs In a Large Restructuring Plan. It Will Spend Billions On It.
- Jaguar Land Rover To Shed Thousands Of Jobs To Cut Spending As Challenges Mount

Editor's pick

Bitcoin

A Bitcoin Network Lost $320 Million In A Hack. The Attackers Say They're The Good Guys

The breach adds to a string of major crypto security incidents that have put exchanges, wallets and blockchain infrastructure under scrutiny.

Franck Gordi

Contributor

Why Expanding Globally Often Hurts Profits—and How One Expert Changed the Game

Franck Gordi, an international digital marketing expert, transformed 33 disconnected websites into one profitable system while boosting ROAS 5–6 times and 200–300% more organic traffic for global companies.

Contributor
Banned at Seven, Director at Twenty-One: How Ryan Shatzkamer Is Rewiring the Contact Centre Industry
outboundIQ's Director of Technical Services has built a career on one repeating instinct: when something does not work, open it up and change it.
Contributor
From Robotaxi Fleets to Simulation Labs: One Engineer's Journey
Akshat Gattani spent a decade learning what it actually takes to ship autonomous vehicles safely. Now he builds the tools the industry depends on.

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.

Is Iran War Escalation Imminent? Speculation Grows As Trump Cuts Camp David Trip Short.
Signs that the Middle East conflict is on the verge of heating up multiply, as both Trump and Netanyahu cut trips short and U.S. embassies in the region issue security alerts.
Trump's Planned Triumphal Arch Will Also Serve As Military Complex, President Claims Military 'Requested' Conversion
Newsom Signs New Laws Targeting Election Interference And Outside Military Intervention In California.

Macron And Carney Meet In Sign Of Growing EU-Canada Ties During Ongoing U.S.-Canada Trade Dispute.
The two world leaders reiterated their support for Canada's proposed associate membership of the European Union.
North Korea Fires Two Ballistic Missiles Towards Sea Of Japan
Climate Change, Conflict And AI: What To Expect From The Upcoming UN General Assembly High-Level Week

AI Is Doing More Of The Work Behind New AI Models. Anthropic Says These 3 Metrics Can Track The Shift.
The company disclosed new data on automation, agent oversight and safety spending days after CEO Dario Amodei called for a coordinated slowdown in frontier AI development.
Rogan Says AI Gives Him 'Crazy Hope.' Wonders Whether An AI Led-World Would End All Wars.
More Than 100 AI Experts Sign a Letter Saying that OpenAI & Anthropic Need Independent AI Safety Evaluators