Economy

OpenAI will acquire io, the secretive artificial intelligence hardware startup co-founded by former Apple design chief Jony Ive, in a landmark all-stock transaction valued at nearly $6.5 billion. The move…

JPMorgan Chase & Co. CEO Jamie Dimon has voiced significant concerns about the US economy, stating he cannot dismiss the possibility of stagflation as the nation grapples with formidable risks…

Emerging market stocks are once again at the center of investor interest, driven by growing disillusionment with US assets and a renewed search for growth abroad. The shift comes as…

Shares of Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery maker, surged over 18% in their trading debut on the Hong Kong stock exchange on Tuesday, showing strong…

A recent survey has revealed that four out of five Americans support converting a portion of the country’s gold reserves into Bitcoin, marking a notable shift in public sentiment toward…

This is the first time in modern history that none of the three major credit rating agencies (Moody’s, S&P, Fitch) see US sovereign debt as top-tier. However, there is no panic…

The United States may face renewed market turbulence this week after Moody’s Investors Service stripped the country of its last triple-A credit rating, citing an unsustainable fiscal trajectory and lack…

Goldman Sachs on Sunday said it is maintaining a guarded stance on oil prices, holding its forecasts below current futures despite signs of stronger global economic growth. The investment bank…

It wasn’t a battlefield victory or a sweeping democratic mandate that brought an end to Bashar al-Assad’s reign. It was something quieter, more terminal: a regime exhausted by years of…