Economy

US companies face a stark reality as wealthy consumers splurge on luxury goods while budget-conscious shoppers cut back on essentials, forcing businesses to choose sides in an increasingly polarized economy.

Kansas City Fed President Jeffrey Schmid says it's too early to expect productivity gains to tame still-elevated inflation, challenging tech-driven optimism about price stability.

Hong Kong acknowledges competitive pressure from UAE's unified crypto regulation approach, as the city's cautious multi-step licensing process faces criticism for being too slow.

SpaceX's $250B xAI acquisition followed by major layoffs and co-founder exits within a week. Is Musk sacrificing stability for execution speed in the competitive AI landscape?

Instagram CEO Adam Mosseri testified that social media addiction is personal choice, while internal emails reveal Meta chose growth over teen safety in plastic surgery filter debate.

Thoma Bravo's Orlando Bravo calls software stocks oversold while the market remains skeptical. What's the real value of domain expertise in the AI era?

Elon Musk proposes building AI satellite factories and electromagnetic launchers on the moon, shifting focus from Mars to lunar industry. We examine the economics and feasibility.

Priced out of housing, Gen Z is pouring $100 trillion into crypto derivatives. CoinFund's Pakman argues this isn't financial nihilism—it's a calculated response to a broken wealth-building system.

Why did the U.S. DOJ slash Paxful's penalty from $112 million to $4 million? The money laundering case reveals troubling precedents for crypto regulation.

China's punitive actions against Japan backfired spectacularly, delivering Sanae Takaichi a historic electoral landslide. An analysis of Beijing's foreign policy miscalculation.

Toyota announces first US-built EV for late 2026 launch amid declining market. Is this perfect timing or too little, too late?

Meta's new Threads feature lets users tell their algorithm what content they want to see using ChatGPT-style prompts. But who really benefits from personalized feeds?