Economy
Finance, markets, investments, cryptocurrency and economic news
Rare earth prices surge past MP Materials' price floor, hitting tech giants and EV makers with rising costs. China's supply dominance creates vulnerability for global manufacturers
OpenAI launches EVMbench to test AI's ability to secure smart contracts protecting over $100B in crypto assets. But can machines outsmart human hackers?
Meta's multi-billion dollar commitment to Nvidia chips could revive the AI giant's fortunes after months of being overshadowed by memory chip stocks and Google's custom silicon success.
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[email protected]Japanese auto unions push for aggressive wage hikes amid U.S. trade tensions, testing corporate resolve and inflation targets in world's third-largest economy.
Coinbase's L2 network Base declares independence from Optimism's OP Stack. What does this $3.85B network's choice mean for the crypto ecosystem?
Palo Alto Networks CEO Nikesh Arora pushes back against AI disruption fears as software stocks plummet 23%. Company doubles down on AI investments despite market skepticism.
White House economic adviser Kevin Hassett publicly calls for disciplinary action against NY Fed researchers who found 94% of tariff costs fall on US consumers and importers
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[email protected]With midterms approaching and approval ratings sliding, Trump leverages Japan's $550bn trade deal to target swing states. But who really benefits from this political theater?
Chinese tech giant Tencent is industrializing game development through AI and M&A while promising creative independence to studios. Can creativity truly be systematized?
Moderna's flu-COVID combo vaccine succeeds in Phase 2 trial, potentially reshaping the vaccine landscape. What it means for consumers, healthcare, and Big Pharma competition.
Microsoft's Brad Smith warns about Chinese AI subsidies as competition intensifies for developing markets. Who will win the global AI race?
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[email protected]Indonesia, Vietnam, and Cambodia get seats at Trump's Peace Board while Philippines, Thailand, and Malaysia are notably absent. A calculated geopolitical pivot.