Why Is The White House Seeking To Limit OpenAI's Next AI Model
The request reflects growing concern within the U.S. government over the capabilities of advanced AI systems and the absence of a formal regulatory framework governing their deployment.
Power & Capital Desk
Why Are Chinese Carmakers Expanding Into Canada
Companies including BYD, Chery, Lotus and Changan have begun establishing dealerships, import networks and distribution channels despite modest sales expectations in Canada.
Judge Orders Elon Musk To Testify In Election Giveaway Lawsuits
The lawsuits were filed by Arizona residents Joy Harvick and Jacqueline McAferty, who contend that voters in seven battleground states were led to believe the daily $1 million prizes would be awarded randomly.
IBM Unveils Sub-1 Nanometer Chip Technology
IBM says the design overcomes physical limitations that have increasingly challenged traditional chip scaling.
U.S. Says Taiwan Arms Sale Not Tied To China Talks
He emphasized that the long-standing "Six Assurances," which state that U.S. arms sales to Taiwan will not be negotiated with China, continue to guide American policy.
The Fed Decides Today In Warsh's First Test As Chair
A fourth straight hold is all but certain, so the focus falls on the dot plot, the dropped easing bias, and a new chair's tone.
SpaceX Completes The Biggest IPO Ever, Listing Today
The rocket maker raised about 75 billion dollars and debuts on the Nasdaq into a suddenly friendlier, risk-on market.
World Bank Says The Iran War Is Throttling Global Growth
The lender cuts its 2026 forecast to the weakest since the pandemic and warns of a deeper slump if energy supply worsens.
Oil Slides As Traders Price In A Hormuz Reopening
Crude fell sharply on the deal signal, though the strait stays shut and the blockade remains until any agreement is signed.
Stocks Roar Back On Hopes The Iran War Is Ending
A relief rally swept Wall Street and then Asia after the deal signal, with chipmakers leading the charge.
Trump Halts Strikes And Claims An Iran Deal, But Tehran Holds Back
The president says the framework is approved and a signing is days away, though Iran insists nothing is final and the blockade stays.
SpaceX Prices Its Record IPO Into A Reeling Market
The year's biggest listing sets its final price after Thursday's close, debuting Friday just as war and inflation roil stocks.
Inflation Jumps To A Three-Year High On The Energy Shock
May prices rose 4.2 percent from a year earlier, almost entirely on fuel, leaving the Fed boxed in before next week's meeting.
Wall Street Tumbles As Inflation And War Hit At Once
The Dow sheds more than 900 points after a three-year-high inflation print collides with the Gulf escalation.
Oil Climbs Again As The Strikes Revive Supply Fears
Crude jumps in early trading after the second night of attacks, with the risk premium back in an already tight market.
U.S. Hits Iran For A Second Straight Night As The Truce Collapses
Central Command fires another round near Hormuz, Iran answers against Gulf states, and Washington warns Tehran will pay the price.