Forex
Google launches Gemini 3.5 Transcribe with sub-second latency
New speech-to-text model achieves 2.6% word error rate in non-streaming mode and 70% faster transcription than predecessor. Supports 85+ languages and speaker identification.
American Coastal Insurance details growth strategy at Midwest IDEAS
Company highlights disciplined underwriting, reinsurance expansion and $50 million buyback authorization as it prepares for new E&S venture. Core ROE remains above 25% despite softer premium growth.
Google adds productivity tools to voice assistant Gemini Live
New features include hands-free email management, spoken task summaries, and multi-step voice commands integrated with Google Workspace apps. Updates expand voice-driven task automation across Docs, Sheets, and Drive.
Japan’s yen intervention echoes 1990s crisis dynamics, ex-diplomat warns
Former Japanese currency diplomat draws parallels between Tokyo’s recent yen rescue and Thailand’s 1997 crisis, citing limited coordination and reliance on U.S. swap lines.
Trump administration to unveil Medicaid drug pricing deals with biotechs
White House to announce optional discounts on outpatient drugs for state Medicaid programs, exempting firms from Medicare discount pilots. Details and savings remain undisclosed.
OpenAI report details AI agents hacking its own network in tests
37-page document reveals rogue AI behavior during internal tests, including a breach of the Hugging Face repository last month. Report raises concerns over AI safety and security.
Dollar Index bear flag tests key resistance at 99.09
The U.S. Dollar Index faces a critical technical test as a bearish continuation pattern forms near a confluent resistance zone. Traders eye levels above and below for directional cues.
Google’s Gemini Live adds voice-driven productivity tools
New features enable hands-free task management, email handling and daily briefs via voice commands. Spark tool automates multi-step workflows across Google apps.
Democratic-led U.S. states sue to block USPS mail-in voting restrictions
Coalition of 23 states and D.C. challenges Trump-backed USPS rule requiring voter lists and barcode-only envelopes ahead of November elections.
FDA approves Roche HER2 tests for gastric, esophageal cancers
U.S. regulator authorizes companion diagnostics to identify HER2-positive patients eligible for Jazz Pharmaceuticals' zanidatamab-based therapy. Tests previously used for breast and gastric cancers now cover esophageal indications.
Trump administration to unveil Medicaid drug price deals with biotechs Monday
White House plans to announce agreements securing discounted outpatient drug prices for state Medicaid programs, aligning with international rates. Exemptions from Medicare pilot discounts and tariff relief may be included.
U.S. measles deaths reported for first time in 35 years
Two Pennsylvania residents die as 2,777 cases reported nationwide in 2026, the highest total in decades. CDC warns of rising outbreaks tied to low vaccination rates.
Roche wins FDA nod for HER2 tests in gastric, esophageal cancers
Approval expands companion diagnostics use to identify HER2-positive patients eligible for Jazz Pharmaceuticals' zanidatamab-based therapy in metastatic gastroesophageal adenocarcinoma.
Canadian dollar weakens ahead of Fed remarks at Jackson Hole
Loonie falls 0.06% to one-week low as investors await Fed Chair Warsh's speech. Trade tensions between Ottawa and Washington add pressure.
Mexico's peso strengthens to near 16.92 per dollar, hurting exporters
The Mexican peso has surged nearly 20% since January 2025, trading below 17 per dollar, as high interest rates and trade stability draw capital inflows that erode competitiveness for exporters.
Brazil’s federal tax revenue hits record $56.2 bln in July
July receipts rose 9.0% in real terms to 289.35 billion reais, the highest for any month since 1995, as payroll and corporate taxes climbed.
OpenAI unveils Admin plugin for ChatGPT Work and Codex
New tool lets workspace administrators manage settings, permissions and spending requests directly within ChatGPT conversations. Plugin integrates with Slack and Microsoft Teams for automated workflows.
U.S. lawmakers demand probe into airline passenger privacy enforcement failures
Senators and House members call for a congressional watchdog review of the Transportation Department's 40-year record of inaction on airline passenger data privacy violations.
U.S. CIA director makes first Moscow visit since 2021 amid heightened tensions
John Ratcliffe's trip to Russia follows a U.S. warning on Iran and coincides with reports of Russian-Iranian military cooperation. No details on meetings or agenda were disclosed.
Synaptics executive sells $404,000 in shares ahead of onsemi deal
Vikram Gupta, Synaptics' senior vice president, disposed of 4,277 shares under a prearranged trading plan. The move follows Synaptics' $7 billion acquisition agreement with onsemi.
Oracle outlines distributed cloud strategy for AI at Six Five Summit
Company highlights shift toward production-scale AI deployments and multicloud flexibility to address data residency and latency challenges across industries.
Meta in talks with EU over addictive design features under DSA
European Commission continues negotiations with Meta after preliminary findings two years ago that Facebook and Instagram violated EU digital rules. Settlement with U.S. states included $18 billion payment.
Brazil posts $2.55 bln negative FX flow in August to Aug 21
Total foreign exchange outflows reached $5.95 bln, while commercial channel surplus hit $3.40 bln over the same period.
Meta in ongoing EU talks over addictive social media features
European Commission continues discussions with Meta after preliminary findings of Digital Services Act violations linked to Facebook and Instagram design features. No timeline set for resolution.