Economy
Finance, markets, investments, cryptocurrency and economic news
President Lee's Philippines visit seals major defense deals. Korean arms makers surge as regional tensions fuel demand. Asia's security spending reaches new highs.
Major software companies announced billions in share buybacks, but investors remain unimpressed. Growth concerns and AI disruption create a perfect storm for the sector.
Anthropic chose ethics over government contracts and got blacklisted. OpenAI took the deal but added conditions. What does this mean for AI's future?
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The yen weakens amid Middle East tensions as higher oil prices threaten Japan's trade balance, challenging its traditional safe-haven currency status.
Kansas City Fed President Jeffrey Schmid warns inflation remains 'too hot,' signaling potential pause in rate cuts. What this means for markets and monetary policy ahead.
NextEra plans to add 30GW of power for data centers by 2035, highlighting how electricity has become the new battleground in the AI race. What this means for consumers and competition.
FATF warns stablecoins now account for 84% of illicit crypto transactions, used by Iran and North Korea for sanctions evasion. $300B market faces stricter oversight demands.
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Drone strikes on AWS data centers in UAE disrupted major services including Careem, Snowflake, and banking apps. Analysis of cloud concentration risks and business continuity strategies.
Apple raised MacBook prices across the board with M5 chip launch. MacBook Air jumps from $999 to $1099, Pro hits $3,899. Is this AI premium strategy or supply chain reality?
The S&P 500 erased all 2026 gains as Middle East tensions sent energy prices soaring, forcing traders to reprice inflation risks and push Fed rate cut expectations to September.
US-Iran war escalation drives oil up 14%, stocks down globally. From gas pumps to airline tickets, here's how geopolitical chaos translates to everyday price pain
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George Washington University sold its Virginia campus to Amazon for $427 million. As AI transforms real estate values, land near fiber and power beats proximity to lecture halls.