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Luxury rivals BMW and Mercedes target Tesla and BYD with new electric SUVs
BMW and Mercedes are done watching Tesla play king. The two biggest luxury brands from Europe have just thrown down the gauntlet with all-electric SUVs meant to take back the market. After Tesla’s Mod...
US Federal Reserve wait on CPI, PPI as markets brace for data-packed week
Every trader is locked in right now, and every desk is watching. The final inflation prints before the Fed’s September meeting are coming, and they’re coming in hot. This week is loaded. We got six bi...
Stocks, gold and copper surge worldwide, shaking off global political chaos
Stocks worldwide are pushing higher on Monday as traders react to a pile-up of global political messes and inflation nerves. Futures linked to the Dow Jones Industrial Average increased by 69 points, ...
El Salvador boosts reserves with nearly 14,000 ounces of gold
The Central Reserve Bank of El Salvador (BCR) has announced the acquisition of 13,999 troy ounces of gold, equivalent to $50 million. The new purchase bumps El Salvador’s gold holdings from 44,106 tro...
Old Const takes Bitmain to court over hosting contract dispute
Bitmain, the world’s largest maker of bitcoin mining equipment, is facing a lawsuit from hosting provider, Old Const. Old Const alleges that Bitmain Technologies Georgia Limited, a US affiliate of the...
A fake email pretending to be from Rep. Moolenaar was sent to U.S. agencies during key China trade talks
Right before trade talks between the U.S. and China kicked off in Sweden last July, a fake email shook things up in D.C. Staff working on the House committee dealing with U.S. competition with China s...
Billionaires in Silicon Valley have spent over $5 billion trying to extend human life using AI and science
Silicon Valley has a new obsession, and it’s not crypto, or Mars. It’s living forever. Or at least pushing the human lifespan past 100, maybe even 150 or 200. Over the past 25 years, the ultrawealthy ...
Courts block immigration and education orders as Trump turns to executive power
Senate Democratic leader Chuck Schumer said Friday night that Democrats will “force votes” in the next few weeks to reverse President Donald Trump’s import tariffs, arguing the measures are hurting Am...
Dot AI to shut down as New Computer winds down companion chatbot
New Computer, the company behind Dot AI, announced the closure of its companion artificial intelligence chatbot. The company stated that Dot AI will remain operational until October 5, giving users ti...
Trump mulls trade counter after EU hits Google with $3.5B fine
U.S. President Donald Trump has threatened major retaliation against the European Union after it issued fines to Google. The bloc charged the tech company, arguing that it exploited its advantage over...
State AGs warn OpenAI over child safety concerns with ChatGPT
Attorney General of California Rob Bonta and Delaware Attorney General Kathy Jennings have sent a letter to artificial intelligence firm OpenAI, expressing concerns over the safety of ChatGPT, especia...
US SEC forms cross-border task force to tackle international fraud
The United States Securities and Exchange Commission (SEC) has announced the formation of a new cross-border task force to tackle issues related to international fraud, including pump and dump schemes...