Economy
Finance, markets, investments, cryptocurrency and economic news
Japan's largest financial group MUFG deploys AI assistants as formal employees, handling everything from speech writing to training new hires. Is this the future of work or a threat to human employment?
Baker Hughes anticipates significant revenue opportunities in Venezuela as U.S. sanctions ease, opening a market locked away for nearly two decades.
Zoom's 2023 investment in AI startup Anthropic, estimated at $51M, could now be worth $2-4B according to Baird analysts, sending shares up 11%. A hidden windfall for the post-pandemic video giant.
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Anthropic's CEO warns of AI risks in a 38-page essay while simultaneously racing to sell the same technology. What does this paradox reveal about the AI industry's fundamental trap?
Trump administration signals unprecedented shift toward government ownership stakes in private industry, from steel to semiconductors, reshaping the relationship between state and market.
Zhang Youxia's sudden fall from grace reveals the deeper fractures within China's military establishment and Xi's growing paranoia about loyalty.
Trump tariffs and AI data center boom drive America to become world's third-largest steel producer, reshaping global industrial landscape.
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The dollar faces renewed pressure as investors reassess Trump's second-term policies and geopolitical risks mount. What this means for global currency dynamics and your portfolio.
TikTok app uninstalls in the US surged 150% following the company's joint venture announcement, as users express privacy concerns and distrust over the new arrangement.
Nvidia invests another $2B in CoreWeave, strengthening its AI ecosystem dominance. Critics call it circular investing, but Jensen Huang's five-layer cake strategy reveals deeper market control ambitions.
Sam Altman courts UAE sovereign wealth funds as OpenAI seeks massive funding round. What does this mean for AI's future and geopolitical influence?
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As Bitcoin remains trapped near $88,000 amid government shutdown fears, gold and silver surge to record highs, adding the equivalent of Bitcoin's entire market cap in a single day. The divergent paths reveal shifting investor priorities.