Economy

OpenAI is closing the largest funding round in history at $100 billion, but the company is still burning through trillions with no clear path to profitability. Investors are starting to ask the hard questions.

As Trump deploys massive military force and oil prices surge, US-Iran nuclear talks face a race against time. Can both sides find face-saving compromises before momentum toward war becomes unstoppable?

ECB President Christine Lagarde hints to colleagues her exit isn't imminent, signaling she'll serve her full term until 2027. Why this matters for European monetary policy.

77% of stablecoin users would open a crypto wallet with their bank, signaling a major shift in how traditional finance and digital assets converge.

When Sam Altman and Dario Amodei refused to hold hands at an AI summit in India, it revealed the intense rivalry reshaping the AI industry. Here's what their awkward moment tells us about the future of artificial intelligence.

Trump renews criticism of UK's plan to cede Chagos Islands sovereignty to Mauritius. Behind the territorial dispute lies a bigger game of China containment and military strategy.

India's Tata Group signs OpenAI as data center customer, signaling a shift in AI value chain dynamics. Who really holds power in the AI economy - the algorithms or the infrastructure?

Japan approves world's first commercial iPS cell therapies for heart disease and Parkinson's. A breakthrough that could reshape medicine globally, but questions remain about accessibility and competition.

Mining giant Rio Tinto shifts 85% of exploration budget to copper as iron ore revenues fall. The red metal's AI and EV boom creates new winners and losers in global mining.

Indonesia and Freeport-McMoRan extend Papua mining operations beyond 2041 with reduced US stake to 37%. Deal reflects Indonesia's resource nationalism while ensuring mining continuity.

Gold hits new highs while Bitcoin stumbles. Fed hawkishness and dollar strength expose the gap between crypto's promise and performance as a safe haven asset.

U.S. crypto ETFs see broad outflows led by bitcoin and ether funds losing $175M combined, while Solana products draw fresh capital in selective institutional rotation