Economy
Finance, markets, investments, cryptocurrency and economic news
Google, Meta employees pressure executives to support Anthropic's Pentagon deal, challenging Silicon Valley's traditional stance on military contracts. The AI ethics debate takes an unexpected turn.
A new poll shows Americans sympathize more with Palestinians than Israelis, marking a historic shift in US public opinion on the Middle East conflict.
US defensive munition shortages could constrain military options against Iran, reshaping defense industry dynamics and strategic planning
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[email protected]Idemitsu Kosan scrapped plans to close refineries as Japan's EV transition stalls. Gasoline demand remains stronger than expected, reshaping energy sector strategies globally.
US producer prices jumped 0.6% in January, double expectations. What this means for consumers, businesses, and Fed policy ahead.
Bitcoin plunged 3% from $68,000 to $65,600 as hot inflation data, credit stress, and Iran tensions spooked investors. Are we seeing the end of crypto's brief rebound?
CoreWeave's aggressive $30-35B capex plan for 2026 spooked investors, raising questions about the AI infrastructure company's debt-heavy business model and customer concentration risks.
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[email protected]Netflix walked away from Warner Bros. Discovery and saw its stock jump 10%. Why investors cheered a company for not making an acquisition.
The United States and Britain are withdrawing diplomatic staff from Middle East posts as fears of an all-out war with Iran intensify, sending shockwaves through global markets and energy supplies.
Record 1,443 Chinese listed companies expected to post losses in 2024, highest ratio since 2000. Property slump and consumer spending decline signal deeper structural shifts in world's second-largest economy.
S&P 500 and Nasdaq post biggest monthly drops in a year as AI investment promises collide with disappointing revenue reality. Individual investors face steep losses while markets question the AI gold rush.
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[email protected]Ethereum founder Vitalik Buterin unveils a new scaling roadmap focusing on base layer improvements over layer-2 solutions, aiming for higher throughput while maintaining decentralization.