United States
Meta’s Aggressive AI Push Includes Failed Takeover, $14B Investment
Meta recently tried to acquire AI search startup Perplexity AI before pivoting to a massive $14.3 billion investment in Scale AI, highlighting the company’s urgent
Fed’s Waller Signals Possible July Rate Cut, Citing Labor Market Risks
In a significant departure from the Federal Reserve’s cautious stance, Governor Christopher Waller announced on Friday that a rate cut could be justified as early
Markets Brace for Turmoil, Oil Prices Poised to Spike After US-Iran Strikes
Investors are bracing for a spike in oil prices and a knee-jerk rush to safety as global markets prepare to react to U.S. air strikes
Gulf Allies Brace for Fallout After US Strikes on Iran
Bahrain and Kuwait, key Gulf nations hosting major U.S. military bases, scrambled to make emergency preparations on Sunday, fearing the conflict with Iran could spill
Chinese Experts Warn US Against Revoking Chip Licenses for Allies
Chinese experts are blasting a potential U.S. move to revoke the operating licenses of key global chipmakers in China, calling it an illogical step that
UN Chief Warns of ‘Dangerous Escalation’ After US Strikes on Iran
United Nations Secretary-General Antonio Guterres delivered a stark warning on Saturday, branding the US strikes on Iran as a “dangerous escalation” and a “direct threat
JPMorgan Boosts Investing Tools in Ambitious Push to Shed ‘Laggard’ Label
Once a laggard in the online investing game, JPMorgan Chase is now making an aggressive push to become a leader. The banking giant is rolling
Tesla Secures Major Battery Plant Deal in China Amid Trade Tensions
In a significant move that cuts through US-China trade tensions, Tesla has secured its first deal to build a massive grid-scale battery power plant in
Apple Eyes Perplexity AI in Bid to Supercharge Search, Catch Rivals
Apple is reportedly exploring a major move into the AI search space, with top executives considering an acquisition or partnership with the AI startup Perplexity.
Iran Likely Moved Key Assets Before US Strike, Warns of Escalation
The U.S. air strikes likely failed to catch Iran completely by surprise, according to Trita Parsi of the Quincy Institute for Responsible Statecraft. He argues
US Attack on Iran Ignites Fierce Political Divide in Washington
While most of the country was asleep, news of U.S. airstrikes targeting Iran’s nuclear sites sparked an immediate and fierce political battle in Washington. The
FedEx Founder Frederick Smith Has Died
Frederick W. Smith, the trailblazing founder of FedEx who transformed the global logistics industry, has passed away. The company announced his passing on Saturday. Smith