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India will host this year’s BRICS Summit on Sept. 12-13. One analyst said New Delhi faces a difficult balancing act: strengthening the grouping without letting it become an instrument of Chinese influence. (Nikkei illustration)Policy Asia25 years since term coined and 20 since bloc formed, energy ties deepen amid crisesCK TAN and KIRAN SHARMASeptember 11, 2026 06:00 JST
With so many guidelines around saving for retirement — best practices, where to put your savings, and how much to save — it can be difficult to know which path to take. The advice usually goes something like this: Save a certain percentage of your income throughout your career, and your retirement fund could be somewhere in the millions. T. Rowe Price and Fidelity both recommend that retirement savers put away at least 15% of their income, while Vanguard recommends 12% to 15%. This all sounds great in theory, but if you’re earning an average salary, it could feel like…
Another day, another doomsday AI post that leaves the public feeling unsettled, anxious, and unsure what to do next. At least that’s how it feels as an AI reporter who reports on this space every day. This time, the alarm bells are coming from inside the industry, courtesy of a former researcher at OpenAI and Anthropic named Jacob Coxon. His X post on Sept. 8 has gone mega-viral, racking up over 150 million views as of this writing. “The people building AI earnestly believe that it could kill us all by the end of the decade,” Coxon said. “I spent…
The most common ending to a zombie movie is what’s called the ‘open survival ending’ where a small group escapes to a new location or awaits rescue, while the rest of the world remains overrun by the dead. It’s not unlikely that a similar ending awaits the private equity industry when it comes to stagnant, tail-end vehicles.
Macy’s on Thursday posted growth across the company in its fiscal second quarter and raised guidance as it continues its turnaround. The retailer said overall comparable sales rose 2.7% for the quarter, with comparable sales for its namesake brand up 1.1%. The company said that growth was largely driven by its so-called reimagined stores, locations it has revamped as one of the focuses of its turnaround.Macy’s said its higher-end store line Bloomingdale’s saw an 11.3% increase in comparable sales, while beauty brand Bluemercury was up 6.2%.”I think it’s a different Macy’s Inc. today,” CEO Tony Spring told CNBC. “We’re in…
Oracle shares jumped 7% in extended trading on Thursday after the software vendor issued stronger-than-expected quarterly results. Here’s how the company performed relative to LSEG consensus:Earnings per share: $1.92 adjusted vs. $1.74 expectedRevenue: $19.35 billion vs. $19.14 billion expectedOracle’s revenue grew almost 30% year over year in the fiscal first quarter, which ended on Aug. 31, according to a statement. Net income of $4.68 billion, or $1.56 per share, was up from $2.93 billion, or $1.01 per share, a year ago. Adjusted earnings exclude stock-based compensation expense.For the fiscal second quarter, Oracle called for $1.85 to $1.93 in adjusted earnings…
Here is the link, here is the end bit: Who is the most important thinker of our time? It’s not about individual thinkers any more. It’s about the internet as this vast organ of knowledge that you can play like a musical instrument, and combining the internet with AI. You can figure out things to an unprecedented degree, and it’s great in a way how much we’ve removed that process from any individual thinker. What’s your favourite podcast? My own! It would be weird if it wasn’t, right? Fun throughout, from the Centre for British Progress.
European Central Bank Raises Interest Rates The American Conservative
“In this environment you can’t just meet” expectations, an analyst says
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. September 10, 2026 Agencies reduce regulatory burden for community banks, increase eligibility for 18-month exam cycle Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency For release at 4:00 p.m. EDT The federal bank regulatory agencies today issued an interim final rule increasing the number of community banks eligible for an 18-month exam cycle. The 21st Century ROAD to Housing Act increased…