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Steve Bloomfield

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Last Updated: Just Now
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Global Economy & Central Banks 06 Oct 2026, 06:40 AM IST

Moody’s Warns 2029 May Mark the Tipping Point as Western Populations Begin to Shrink

Moody’s says aging populations are poised to reshape the global economy, with Western countries approaching a demographic turning point as early as 2029 when population declines could begin to bite. The shift is expected to intensify pressure on public finances, labor markets, and central banks, forcing policymakers into difficult choices over taxes, spending, and growth support.

By RDU Global Wire5 min read
Global Markets & Equities06 Oct 2026, 05:13 AM IST

Honda to Test Wireless Highway Charging for Moving Trucks

Honda Motor plans to test wireless charging technology for trucks at highway speeds, a development that could reshape how commercial fleets manage range, downtime and battery size. The initiative underscores a broader push across the auto industry to make electrified freight more practical on long-haul routes, where charging delays remain a major barrier to adoption.

5 min readRead →
Global Markets & Equities05 Oct 2026, 08:07 PM IST

A $25 Bourbon Wins Global Top Honors as Value Spirits Gain Market Power

A bottle priced at just $25 has been named the world’s best bourbon by the 2026 International Wine and Spirits Competition, underscoring how value, not just prestige, is shaping the premium spirits market. The result highlights a broader shift in consumer demand toward affordable bottles that can still deliver top-tier quality, a trend with implications for retailers, distillers and investors tracking discretionary spending.

6 min readRead →
Defence, Intelligence & Aerospace06 Oct 2026, 12:13 PM IST

Navy Commissions USS Ted Stevens in Alaska Ceremony Honoring Senator’s Defense Legacy

The U.S. Navy has commissioned the USS Ted Stevens, its newest destroyer, during a formal ceremony in Whittier, Alaska, bringing the warship into active service under the name of the late Alaska senator known for his long defense advocacy. The commissioning underscores both the Navy’s continuing investment in surface combatants and the symbolic role of Alaska in U.S. maritime and Arctic strategy.

5 min readRead →
Frontier AI & Machine Learning06 Oct 2026, 06:18 AM IST

Satya Nadella Built Microsoft’s Cloud Empire. The AI Test Is Bigger

Satya Nadella transformed Microsoft from a mature software giant into one of the world’s most valuable cloud companies after taking over from Steve Ballmer in 2014. Now, as artificial intelligence reshapes the technology landscape, he faces a more complex challenge: proving Microsoft can remain a dominant platform company in an era defined by AI models, infrastructure, and fast-moving competition.

5 min readRead →
Global Markets & EquitiesJust now (02:44 AM IST)

Kashkari Says Inflation Remains Too High Despite Softer PCE, While Labor Market Stays Solid

Federal Reserve Bank of Minneapolis President Neel Kashkari said inflation remains “still too high” even after the latest personal consumption expenditures report came in softer than expected, underscoring that the Fed is not ready to declare victory. In an exclusive CNBC interview with Steve Liesman, Kashkari also described the U.S. labor market as “pretty good,” a combination that points to a central bank still balancing disinflation progress against a resilient economy.

6 min readRead →

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