Economics
Investors drove a global sell-off in software stocks after new AI tools from Anthropic reignited fears that automation could erode SaaS business models and subscription revenue.
Eurozone inflation fell to 1.7% in January, Eurostat said, reinforcing expectations that the European Central Bank would hold interest rates at its Thursday meeting.
The Bundesnachrichtendienst said Russia had increased military spending by up to 66% over its official defense budget, expanding capabilities near NATO’s eastern flank.
Gold and silver prices rebounded in international markets after sharp corrections, buoyed by dollar turbulence and Middle East tensions that analysts said supported safe‑haven demand.
Norwegian house prices rose 3.6% in January, and Italian consumer inflation slowed to 1% with food, tobacco and housing-related services rising.
United States reactivated the African Growth and Opportunity Act, restoring duty-free access for 30 African countries and extending the program through December 31, 2026.
Germany and U.S. lawmakers moved to ease housing shortages, with Berlin consolidating federal housing subsidies into two programs and Congress proposed bipartisan incentives to spur construction.
Federal Reserve Governor Stephen Miran resigned from his White House advisory post while remaining on the Fed's board after criticism over his concurrent roles.
Good harvests in West Africa drove cocoa prices down and made some chocolate slightly cheaper for German consumers, though experts said prices likely would not fully revert.
