Trump Media Abandons Crypto Treasury Strategy, Scraps CRO Token Deal
Trump Media and Technology Group, the parent company of Truth Social, has abruptly abandoned its cryptocurrency treasury strategy and term...
Fed Holds Rates at 3.50%-3.75% as Three Officials Dissent
The Federal Reserve held its target federal funds rate steady at 3.50 percent to 3.75 percent at its July meeting, though three officials ...
U.S. Labor Market Shocks With 23,000 Job Loss in July
The U.S. labor market delivered an unexpected shock in July, with nonfarm payroll employment contracting by 23,000 jobs and the unemployme...
OpenAI Enters AI Coding Agent Arena With Codex Launch
OpenAI has formally entered the AI coding agent market with the launch of Codex, a multi-agent development tool that allows programmers to...
AI & Techno
Latest technology picks
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Anthropic Crosses $30 Billion Annualized Revenue as AI Labs Race Toward IPOs
San Francisco-based artificial intelligence company Anthropic has crossed a $30 billion annualized revenue run rate, intensifying the alre...
Three Fed Presidents Dissent as Central Bank Holds Rates, Signaling Deep Committee Divide
The Federal Reserve's decision to hold interest rates steady at its July meeting masked an unusually sharp internal split, as three re...
DeepSeek's V4-Flash Model Runs 100 Times Cheaper Than Anthropic's Claude, Accelerating AI's Race to Zero
Chinese AI lab DeepSeek has released a coding-focused model that performs near the level of Anthropic's most advanced system while cos...
Alibaba Unveils Qwen3.8-Max, a 2.4 Trillion-Parameter Model Built to Rival U.S. Frontier AI
Alibaba has unveiled its most capable artificial intelligence model to date, a 2.4 trillion-parameter system that the Chinese technology g...
Finance & Crypto
Markets, digital assets, and money
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Stablecoin Infrastructure Emerges as Cornerstone of Global Remittance Networks
Stablecoins are rapidly evolving from a speculative trading tool into foundational infrastructure for international money transfers, with ...
Y Combinator's 2026 Batch Marks Largest Crypto Cohort Since 2022 Peak
Y Combinator's summer 2026 startup batch includes more than 70 companies building in crypto, blockchain infrastructure, and decentrali...
U.S. Manufacturing Activity Expands at Fastest Pace Since 2024
American manufacturing expanded in July at its strongest pace in more than two years, defying persistent concerns that the sector would co...
Dow Closes at Record High as Big Tech Rally Powers Broad Market Gains
The Dow Jones Industrial Average closed at an all-time high on August 5, 2026, capping a three-week rally driven by resurgent technology s...