By Anjana Anil and Anushree Mukherjee (Reuters) – Gold prices soared to record levels above $3,100 per ounce in a rally marking one of the most significant upswings in the precious metal’s history, with psychological levels swept aside by a cocktail of factors – including worry about fallout from impending U.S. tariffs. Spot gold hit…
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump’s push for sweeping tariffs is creating great uncertainty and denting confidence but is not likely to trigger a near-term recession, International Monetary Fund Managing Director Kristalina Georgieva said on Monday. “We are not seeing a dramatic impact” yet from the tariffs implemented…
(Reuters) – OpenAI is planning to release its first open-weight language model with reasoning capabilities since GPT‑2 in the coming months, CEO Sam Altman said on Monday. The company will speak with developers about how to make it useful, Altman said in a post on X. An open-weight language model is a type that allows…
(Reuters) – Lockheed Martin on Monday said the U.S. Army had awarded it a contract worth up to $4.94 billion to produce Precision Strike Missiles (PrSM). Defense companies are seeing a surge in weaponry demand, driven by conflicts across the globe. The Pentagon has been prioritizing purchases of the PrSM, which is to replace the…
