Economy
Finance, markets, investments, cryptocurrency and economic news
Better and OpenAI launch ChatGPT app that cuts mortgage underwriting from 21 days to 47 seconds, targeting $1 trillion US home loan market. What does this mean for lenders and borrowers?
Dow plunges 750 points as crude oil surge pushes Treasury yields above 4.1%, reigniting inflation concerns and dimming Fed rate cut hopes. Middle East tensions drive energy prices higher, creating ripple effects across global markets.
Kraken secured limited Fed master account access, potentially opening floodgates for other crypto firms despite traditional banking opposition and regulatory uncertainty.
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[email protected]Anthropic becomes the first American company designated a supply chain risk by the Pentagon after refusing military's demands for unrestricted AI access
Mass evacuation from Beirut following Israeli warnings creates humanitarian crisis and economic shockwaves across Middle East region
As global uncertainty rises, investors face a dilemma: which traditional safe haven still offers real protection in today's volatile world?
Broadcom's CEO predicts AI chip revenue will significantly exceed $100 billion by 2027, but can the company deliver on this massive bet against Nvidia's dominance?
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[email protected]Japan and Canada forge cybersecurity cooperation framework to counter Chinese and Russian cyber threats through real-time intelligence sharing and joint analysis.
China's export controls drive yttrium prices up 140-fold in one year, threatening global electronics supply chains and consumer prices
PM Carney's Japan visit signals Canada's strategic pivot from US dependence to Asian partnerships amid Trump's tariff threats and middle power coalition building.
Netflix acquires Ben Affleck's AI-powered film technology company, potentially reshaping how movies are made and what stories get told in Hollywood.
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[email protected]John Daghita, whose father manages seized cryptocurrency for the U.S. government, was arrested in France for allegedly stealing tens of millions from federal seizure wallets.