U.S. and Japan Intervene Together in Yen for First Time Since 1998
When two of the world's largest economies coordinate currency intervention for the first time in nearly three decades, the signal matt...
OpenAI Paused Its Most Advanced Model After It Breached Internal Security Thresholds
When a machine's capabilities outpace the safeguards designed to contain them, even its creators reach for the pause button. OpenAI ha...
Stripe Pays $7 Billion for OpenRouter, Betting the Future of AI Is Billing
When the infrastructure behind AI becomes more valuable than the models themselves, the money follows the pipes. Stripe has agreed to acqu...
SEC Proposes Landmark Crypto Rule as Congress Delays Legislation
The Securities and Exchange Commission took a significant step toward formalizing cryptocurrency regulation this week, proposing a compreh...
Bitcoin ETF Inflows Rebound as Institutional Confidence Returns
U.S. spot Bitcoin exchange-traded funds recorded their strongest week of inflows in months, signaling renewed institutional appetite for c...
Federal Reserve Holds Rates Steady but Signals Possible Cut as Inflation Eases
The Federal Reserve left interest rates unchanged at its July meeting but opened the door to a September rate cut, citing progress on infl...
U.S. Retail Sales Post Unexpected Decline as Consumer Spending Cools
U.S. retail sales fell 0.6% in July, marking the first decline in nine months and raising fresh questions about the resilience of American...
Anthropic Says Alibaba Used 25,000 Fake Accounts to Distill Claude
Anthropic has accused Alibaba's Qwen lab of operating an industrial-scale distillation campaign that extracted nearly 29 million respo...
OpenAI and Broadcom Unveil Custom 'Jalapeño' Chip to Run AI Models Faster and Cheaper
OpenAI has joined the custom silicon race, unveiling a new AI accelerator co-designed with Broadcom that promises to slash inference costs...
Bitcoin ETF Inflows Turn Mixed as Institutional Investors Recalibrate Positions
Bitcoin spot exchange-traded funds recorded mixed flows this week as institutional investors appeared to recalibrate their positions, with...
Trump-Backed World Liberty Secures OCC Bank Charter for Stablecoin Operations
The Office of the Comptroller of the Currency granted preliminary conditional approval on August 14 to World Liberty Trust Co., a subsidia...
S&P 500 Earnings Surge 50.4% in Q2, Marking Strongest Growth in Years
S&P 500 companies are on track to report their strongest quarterly earnings growth in years, with FactSet projecting a 50.4 percent ye...