Economy

China prohibits unauthorized issuance of yuan-backed stablecoins abroad, citing monetary sovereignty concerns as part of its digital yuan expansion strategy.

Anthropic's Claude AI has achieved a breakthrough in enterprise adoption, challenging OpenAI's dominance and reshaping the competitive landscape in artificial intelligence.

Japanese trading giant Marubeni successfully completed the world's first international transport of hydrogen using metal hydride alloy. This breakthrough could revolutionize how clean energy crosses borders.

The Dow Jones Industrial Average crossed 50,000 for the first time in history. But what does this milestone really mean for investors, and what stories lie beneath this headline number?

AI investments are shifting from a gold rush mentality to selective funding as investors demand proof of profitability and differentiation. What this means for startups and the broader AI ecosystem.

San Francisco Fed President Mary Daly describes the US economic outlook as 'precarious,' signaling deeper concerns about monetary policy effectiveness and market stability.

Fed Vice Chair Jefferson sees encouraging signs in employment and inflation data, but maintains careful approach to monetary policy. What this means for markets and the broader economy.

XRP's dramatic 18% rebound masks a deeper story of institutional traders positioned short while retail investors got liquidated, exposing crypto's fragile market structure.

The cost of making an Olympic gold medal has surged 8-fold since Turin 2006, driven by speculative money flooding precious metals markets amid global economic uncertainty.

Bitcoin's 50% crash reignites fierce debate over crypto's place in America's $12.5 trillion 401K retirement system. Stability versus speculation in focus.

Jensen Huang defends Big Tech's $660B AI infrastructure spending as justified and sustainable, citing rising cash flows and 'sky high' demand for computing power.

Donald Trump's hardline policies are reducing international visitors to the US, creating unexpected economic consequences for the tourism sector worth hundreds of billions.