U.S. Inflation Cools to 3.4% in July, Giving Markets Room to Breathe
The U.S. Bureau of Labor Statistics reported on August 12 that annual consumer price inflation eased to 3.4% in July, down from 3.5% the p...
Google Pays $10 Million for Spirit Airlines Data to Train Its AI Models
Google has agreed to acquire a trove of internal business data from bankrupt Spirit Airlines for $10 million, securing hundreds of million...
Anthropic's Annualized Revenue Surges to $65 Billion, Cementing Its Status as AI's Fastest-Growing Unicorn
Anthropic has told investors its annualized revenue run rate reached $65 billion by the end of July 2026, a staggering leap from $47 billi...
Binance Delists Six Tokens in August Cleanup, Citing Project Review Standards
The world's largest cryptocurrency exchange is reminding token projects that listing is not permanent, and standards are not static. B...
SEC Cancels Vote on Landmark Crypto Rule After Last-Minute Scheduling Dispute
A single scheduling conflict has delayed what would have been the most significant securities rulemaking for digital assets in U.S. histor...
U.S. Core Inflation Cools to 2.5%, But the Fed Is Not Done Yet
The easiest part of the inflation fight may be over. The hard part is convincing consumers, markets, and policymakers that the victory is ...
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...