Fed chair Jerome Powell Alex Wong/Getty Images Fed Chair Jerome Powell said the central bank has received grand jury subpoenas from the Justice Department. Economists, business leaders, and analysts a...
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
An Uber logo is shown on a rideshare vehicle during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers "basic employee rights'', ...
Venezuela underwent major economic and social changes in the mid-20th century. Jack Manning/Getty Images Venezuela, home to the world's largest oil reserves, was once among the world's richest nations...
OpenAI lost at least 11 scientists and executives in 2025, including more than half a dozen researchers to Meta in the summer. REUTERS/Shelby Tauber/Pool OpenAI lost more than half a dozen researchers...
Mega funding rounds create ‘fortress balance sheets’ as investors advise top groups to brace for tougher markets...
A Grok investor said he's "deeply concerned" about the "speculative" data center market. Myung J. Chun / Los Angeles Times via Getty Images A Groq investor said he's "deeply concer...
Warren Buffett, the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett rocked the business world in 2025 by announcing he would step down as CEO. The Berkshire Hathaway boss penned two of his fa...
📋 Key Facts ✓ JPMorgan Chase is considering spot bitcoin trading and derivatives for institutional clients. ✓ Discussions are prelimina...
Marc Andreessen said that founders want to work with investors who are "brave." Paul Chinn/The San Francisco Chronicle via Getty Images Marc Andreessen said that his venture capital firm benef...
📋 Key Facts ✓ Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. ✓ Futures open in...
Kalshi's CEO said their rivalry with Polymarket encourages them to push products and marketing harder. Diarmuid Greene/Sportsfile for Web Summit via Getty Images Prediction market Kalshi is putting a ...
Leading AI companies are competing for the world's top talent, doling out huge pay packages. They are also paying top dollar for undiscovered talent. iStock; Rebecca Zisser/BI AI giants like OpenAI, A...
📋 Key Facts ✓ Strategy Inc. increased cash reserves to $2.19 billion by raising $748 million from 4.54 million Class A shares. ✓ Bitcoi...
As clean energy prices fall, a fast transition to renewable energy is the cheapest option on the table. Experts say it could save us trillions in energy costs alone....
📋 Key Facts ✓ US banks are rebuilding core financial infrastructure behind the scenes. ✓ The rebuild enables cash, custody, and funds t...
📋 Key Facts ✓ Gold price has climbed to a new record high. ✓ Investors are flocking to precious metals. ✓ Geopo...
The Warner Bros. Discovery board has again dismissed Paramount's hostile takeover attempt, branding it as "inadequate" and a "risk" to the company due to its reliance on an "extraordinary amount of in...
China’s carmakers are on track to capture about one-third of the global auto market by 2030 and generate most of their profits overseas, according to UBS, underscoring the resilience of the country’s ...
Proposed levies of up to 92% on imported Italian pasta slashed...