Business
Nvidia Corporation has reached a historic market valuation of $5 trillion, becoming the first publicly-listed company ever to hit this benchmark. The surge reflects strong investor confidence in Nvidia’s role at the heart of the global artificial-intelligence revolution. What’s Driving the Valuation The company’s dominance in design and supply of graphics-processing units
International
The Federal Reserve (Fed) announced a 0.25 percentage-point reduction in its benchmark interest rate, citing significant limitations in economic data due to the current U.S. federal government shutdown. Chair Jerome Powell highlighted that a lack of timely labour-market and inflation signals is making policy decisions more challenging. The rate cut drew dissent from two