U.S. Retail Sales Beat Expectations as Consumer Spending Defies Inflation
American consumers spent at a faster pace than expected in May, delivering the fourth consecutive monthly gain in retail sales and offerin...
Anthropic Says Alibaba Used 25,000 Fake Accounts to Distill Claude
Anthropic has accused Alibaba's Qwen research lab of running what it described as the largest known industrial-scale distillation camp...
OpenAI and Broadcom Unveil Jalapeño, OpenAI's First Custom AI Chip
OpenAI has designed its first custom artificial-intelligence chip, ending years of near-total reliance on third-party hardware and marking...
The Genius Act's Banking Rule for Stablecoins Draws a Rare Coalition of Critics
FinCEN's proposed implementation of the GENIUS Act — which would treat stablecoin issuers as bank-like financial institutions — has un...
OPEC Production Fizzles as Oil Prices Slide Into Fed's Inflation Problem
OPEC+ member states have once again failed to agree on production discipline, and the resulting oil-price softness is making life harder f...
The SEC Quietly Opened a Door for Scores of New Crypto ETFs
A change to the SEC's exchange listing standards, quietly adopted in the past month, removes the requirement for individual case-by-ca...
Standard Chartered Declares Crypto Winter Over as Bitcoin Holds the $59,000 Line
A Wall Street heavyweight says Bitcoin's cycle low is locked in at $59,000 — ending a brutal 53% drawdown from the October 2025 peak a...
Washington’s AI Security Order Faces Its First Real Test as July 2 Deadline Nears
Federal agencies have five days left to deliver compliance frameworks under Trump's AI Executive Order 14409 — and the obligations ext...
Anthropic Puts Software Engineers on Notice With Claude Code Agent Overhaul
Anthropic's latest overhaul of Claude Code lets teams run AI agents in self-hosted sandboxes with MCP tunnels — a clear signal that AI...
OCC Opens Comment Window on Stablecoin Rules, Setting Up First Federal Stablecoin Framework
The Office of the Comptroller of the Currency published a request for comments on its proposed implementation of the GENIUS Act, the landm...
Bitcoin Holds Near $62,000 Support as ETF Outflows Extend Into June
Bitcoin has traded largely between $61,300 and $62,700 over the past 24 hours, with traders closely watching whether established support n...