News
Former Google CEO has a lot of skin in the AI game
Former Google CEO Eric Schmidt's early Anthropic investment could be worth $20B as the AI startup targets a $2T valuation ahead of its IPO
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Thanksgiving airfare is up 31%, but airlines have a bigger problem
Thanksgiving airfare has surged to $402, but rising jet fuel costs are squeezing profits at United Airlines (UAL) and Delta Air Lines (DAL)
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Has the bond market hit rock bottom?
Apollo economist Torsten Slok sees signs the 10-year Treasury yield may have peaked, as falling oil prices and slowing economic activity could boost bonds.
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AI's biggest valuation risk may come from open-source models
Cheaper AI models from DeepSeek, Alibaba, and Xiaomi threaten OpenAI and Anthropic's pricing power, raising concerns about sky-high AI valuations.
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PepsiCo’s price cut could offer an inflation clue
PepsiCo’s price cuts may hint that inflation pressures are easing at the margins.
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Markets flinch after Trump shrugs off the dollar’s latest slide
Markets react as Trump cheers a weaker U.S. dollar, with Capital Economics warning confidence risks, higher yields, a gold surge, and rising investor volatility.
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CFTC to set 'clear rules' over booming prediction markets sector
Prediction markets surge in popularity as platforms like Kalshi and Polymarket expand nationwide, drawing regulatory attention and reshaping event-based trading in the US.
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The greenback continues to slide as global risk stacks up
The US dollar continues to slide to near four-year lows as global risk rises, pressuring markets and boosting gold, with investors eyeing safer, diversified assets.
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Another shutdown is looming, and this one could play out differently
Another government funding deadline is already rapidly approaching, and investors are bracing for a political standoff that could ripple through financial markets.
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Gold at $5K is a win for gold bulls and a warning sign for everyone else
$5k gold price is a signal that something deeper is unsettling investors
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Sell America? Wall Street isn’t so sure
Institutional investors aren't rushing into a “sell America” trade despite the global political backlash
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This Fed week could be more dramatic than expected — here's why
It’s a big week for central bankers but not because investors expect another rate cut out of Wednesday’s FOMC meeting.
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Trump sues JPMorgan and Jamie Dimon over 'debanking' claim
The president accuses the bank of closing his account after Jan. 6 riot in 2021
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A global chip shortage that isn’t easing anytime soon
Micron (MU) says the global chip shortage will persist through 2027, as soaring AI demand strains memory supply and drives its urgent expansion in Taiwan.
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‘Trump is going after the housing market’ and mortgage rates plunge
Mortgage rates slide to three-year lows as Trump targets housing affordability.
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Huang stays, Ellison leaves: California’s billionaires turn on each other
Nvidia CEO Jensen Huang says he’s “perfectly fine” paying billions to stay in California. Other tech billionaires aren’t.
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Year one of Trump presidency was brutal for job seekers
A promised manufacturing boom has yet to materialize, as hiring stalls, unemployment ticks up, and blue-collar workers bear the brunt of a divided economy.
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A K-shaped recovery is still crushing America’s working class
Higher earners are pulling further ahead while low-income households face rising costs and weaker wage growth, raising questions about who the U.S. economy is really working for.
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