The global leaderboard of wealth: $1.2 Quadrillion of Assets ranked by Market Cap
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The U.S. chipmaker's first publicly available humanoid robotics system will use humanoids from Chinese startup Unitree.
Microsoft co-founder Bill Gates is scheduled to be interviewed about his relationship to the sex offender Jeffrey Epstein in June.
With Elon Musk's SpaceX IPO ahead, retail investors are rushing into space-themed ETFs including NASA which offers direct access to the rocket company.
As the demand for AI chips skyrockets, companies face mounting costs that threaten to stifle innovation and economic growth. With a burgeoning reliance on AI, the implications of rising chip prices stretch far beyond tech firms, impacting markets and global inequality. This article explores the causes of the chip crisis, its broader economic ramifications, and potential solutions to avert disaster.
Federal Reserve Governor Michelle Bowman warns against raising interest rates to combat current inflation spikes, emphasizing the need for a balanced approach. Her remarks come as inflation remains above the Fed's target, but research suggests temporary energy price increases should not dictate long-term policy changes. ## BODY: The Federal Reserve's approach to monetary policy is a cornerstone of the U.S. economy, influencing everything from lending practices to consumer spending. Amidst risi
Bowman said reacting to the inflation surge, driven primarily by energy prices and tariffs, has proven ineffective.
As U.S. stock indices soar to record highs, a former Trump administration economist warns of potential interest rate hikes ahead. Joseph LaVorgna’s insights reveal a complex economic landscape where inflation risks and supply chain issues could lead the Federal Reserve to tighten monetary policy. Investors must brace for a potentially turbulent financial environment as inflation concerns mount. ## BODY: The financial landscape often oscillates between optimism and caution, and recent events ha
It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.
Token usage is a poor proxy for firm-wide productivity gains. Those only come with workflow redesign.
Goldman Sachs COO John Waldron has identified inflation as the most significant risk facing the economy today during a recent conference. With rising interest rates and uncertain economic indicators, Waldron’s insights reflect growing concerns about consumer behavior, AI-driven investments, and the broader implications for financial markets.
20,000 layoffs, 14 markets exited, one flatter bank—Jane Fraser's Citi playbook is working. Wall Street wants to know what's next.
Anthropic’s top brass decamped to the U.K. this week, pitching Claude as a safer way to automate coding while engineers mull what it means for their jobs.
The AI construction boom is not blameless, but it’s only one of the many reasons electricity is getting so pricey.
With a public backlash against AI mounting, the White House is changing its tune on AI regulation and talks with China on AI.
The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers.
In a wide-ranging interview, Trump explains how the Iran war could delay his interest-rate plans, why he regrets asking for only 10% of Intel, and what will happen to America’s dealmaking empire when his term is over.
Everything you need to know before you reach the office this morning.
From water-hungry cooling systems to soaring energy demands, the AI boom is reviving sustainability concerns that many thought had faded from the conversation.
Everything you need to know before you reach the office this morning.
Celebrating its tenth anniversary with a tech “take-over” of the Champs-Élysées in Paris, Publicis’ Maurice Lévy reveals why “not having a plan” was the only way to launch VivaTech, Europe’s biggest tech conference.
Traders on prediction markets are signaling concerns about rising inflation, with expectations that it could exceed 4.5% by 2026 and potentially hit 5% this year. This outlook contrasts sharply with economists’ forecasts and reflects broader economic pressures, including geopolitical tensions and rising consumer prices. Understanding these predictions is crucial for households and investors alike. ## BODY: ### Introduction In recent months, inflation has become a hot-button issue, not just fo
Inflation pressures are poised to significantly impact Social Security recipients in 2027, with estimates suggesting a potential cost-of-living adjustment (COLA) between 3.9% and 4.2%. This increase, driven by rising prices especially in essential commodities, comes at a time when many beneficiaries are facing financial strain. As the Social Security Administration prepares to announce the official COLA in October, the implications for over 70 million Americans are profound. ## BODY: ### The I
Chatbots are becoming a first stop for emotional support for many users, but new research suggests their tendency to provide reassurance can be harmful.
Major stock indexes, including the Dow Jones Industrial Average, experienced a downturn as crude oil prices surpassed $101 a barrel. In the tech sector, quantum computing companies faced significant losses following disappointing earnings reports. This article explores the implications of rising oil prices, inflation concerns, and the performance of quantum technology stocks.
Everything you need to know before you reach the office this morning.
As the global economy braces for an unprecedented capital expenditure cycle, nearly $5 trillion is expected to flow into various sectors by the end of the decade. While tech giants like Alphabet and Amazon lead the charge in AI investments, the energy sector is experiencing its own capital surge driven by energy security, rising electricity demand, and the urgent need for decarbonization. This article explores the multifaceted implications of this spending wave, its key drivers, and the potentia
