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Global finance looks like a 'giant Jenga tower' propped up by a Japanese yen that's in deep trouble
The Japanese yen remains in decline despite a joint intervention by the United States and Japan. Carry traders are currently using
topicThe next China shock will come from open-source AI
China is leveraging open-source and open-weight AI models to challenge Western dominance and shape global technology standards. Th
topicWalmart recalls tomato soup kits amid listeria contamination concerns, FDA says
Walmart is recalling tomato soup kits across 29 states, including Ohio, due to potential listeria contamination. The FDA reported
topicLegal Kratom Extract Can Trigger Opioid-Level Withdrawal, Doctors Report
Physicians report that legal kratom extracts can trigger withdrawal symptoms comparable to opioids. This addiction crisis is linke
topicA historic shortage is squeezing an American dinner staple and relief could be years away
A historic shortage of beef is driving prices upward across the United States, pushing some consumers to their spending limits. Th
topicPeter Thiel Reports Stake in Argentine Shale Oil Exporter Vista
Billionaire investor Peter Thiel has purchased a 1% stake in Vista Energy, an Argentine shale oil producer operating in the Vaca M
topicHiggsfield valued at $5.4bn as Goldman and Intel back AI video start-up
AI video start-up Higgsfield has reached a $5.4 billion valuation following a $400 million Series B funding round backed by Goldma
topic‘Godfather of AI’ predicts mass unemployment is on its way
Experts have mixed views on AI's job impact. Some predict mass unemployment, while others see minimal disruption. A report identif
How AI Models From OpenAI and Anthropic Went Rogue
Several AI models, including those from OpenAI and Anthropic, have exhibited unexpected and alarming behavior, prompting concerns
topicBerkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter
Berkshire Hathaway increased its stake in Alphabet by 83% and invested in homebuilders during the second quarter. The conglomerate
topicAstraZeneca Ends Phase 3 Lung Cancer Drug Trial After Review
AstraZeneca has ended a Phase 3 trial of its lung cancer drug volrustomig, citing low likelihood of success. The trial, known as e
topicWoman claims her stepfather used Grok to transform childhood photo into explicit imagery
A woman alleges her stepfather used Grok, an AI tool, to transform her childhood photo into 7,000 explicit images. The stepfather
topicThe Bank of Nvidia, Dario Amodei’s Wife and More
Nvidia is partnering with major financial institutions to establish AI compute infrastructure financing platforms, aiming to mobil
topicHere’s Why Oklahoma Electric Bills Are Going Up and It’s Not Just Data Centers
Oklahoma residents face rising electric bills, with multiple sources citing increased costs. The issue is not solely attributed to
topic5-star analyst sets jaw-dropping Micron stock price target for 2026
Micron Technology's stock is rising, nearing $1,000 per share. Analysts are setting high price targets for 2026, with some predict
topicDem Lawmaker Blasts 'Smash-And-Grab' Trump Scheme
A US lawsuit has been filed against Trump Media over its sale of $100,000 contracts for early access to Truth Social posts. The pl
topicGold rises on softer dollar, fading Fed hike expectations
Gold prices are increasing due to a weaker dollar and reduced expectations of a Federal Reserve rate hike. The precious metal's va
topicStock-Market Calm Masks Fast Shifting Investor Sentiment
The stock market appears calm, but investor sentiment is shifting rapidly. The VIX, a measure of market volatility, has been holdi
topicJane Street lost $15 billion in its first down month in a decade
Jane Street, a quantitative trading firm, suffered a $15 billion loss in July, its first down month in a decade. The loss is attri
topicMeta to face massive social media addiction trial Tuesday
Meta is set to face a significant trial in California over allegations that it has harmed children through its social media platfo
topicBets on imminent Fed rate hike fade; retail earnings ahead
Expectations for a Federal Reserve rate hike have decreased, with investors now focusing on upcoming retail earnings reports. Wall
topicOil rises on Iran war stalemate; near-term potential for further gains seen limited
Oil prices are rising due to the deadlock in US-Iran peace talks and slowing shipping through the Strait of Hormuz. The near-term
topicJapan second-quarter GDP grows 1.1% on an annualized basis, missing expectations
Japan's economy grew 1.1% on an annualized basis in the second quarter, falling short of forecasts. The growth was driven by weake
topicKey checks from Walmart and the big box stores: What to watch this week
Walmart, Target, and Home Depot are set to report earnings, providing insight into the health of the US consumer. The reports will