OpenAI, the creator of ChatGPT, is on track to raise billions of dollars from its existing and new investors, a sign that the artificial intelligence (AI) boom is accelerating. OpenAI…
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Indonesian equities plunged further into turmoil on Thursday after a warning from MSCI Inc. over a possible market downgrade triggered the worst two-day selloff in almost three decades, rattling investor…
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On Thursday, global markets and geopolitics were shaped by a mix of accelerating artificial intelligence investment, volatile Asian equities, renewed UK-China diplomacy, and a powerful rally in commodities. OpenAI funding…
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Gold prices continued to surge to new record highs as the yellow metal cleared $5,600 per ounce on Thursday. Gold had surged past the $5,000 threshold for the first time…
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SK Hynix has overtaken Samsung Electronics in operating profit for the first time, marking a shift in South Korea’s semiconductor hierarchy as artificial intelligence reshapes the memory market. The crossover…
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Trump taps Colin McDonald for newly-created role of assistant attorney general for fraud enforcement
President Donald Trump on Wednesday nominated federal prosecutor Colin McDonald to serve in the newly formed role of assistant attorney general for national fraud enforcement. McDonald is currently serving as…
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Gulf shipping operations grind to halt near Iran; US quietly prepares for possible strike: ‘Heightened risk’
Shipping in the Persian Gulf dipped sharply Wednesday as tensions with Iran intensified amid signs the U.S. was positioning military forces for a potential strike, according to maritime intelligence assessments.…
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Gulf shipping operations grind to halt near Iran, US quietly prepares for possible strike: ‘Heightened risk’
Shipping in the Persian Gulf dipped sharply Wednesday as tensions with Iran intensified amid signs the U.S. was positioning military forces for a potential strike, according to maritime intelligence assessments.…
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Powell warns Lisa Cook’s Supreme Court case could be most consequential legal threat in Fed’s history
Federal Reserve Chair Jerome Powell warned Wednesday that a Supreme Court showdown over sitting Fed governor Lisa Cook could have far-reaching consequences for the central bank’s independence and the U.S.…
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Schumer rolls out list of ICE demands as White House says Dems ‘blocked’ deal-making session
The White House invited rank-and-file Senate Democrats to discuss government funding options, but they declined, instead opting to unveil a list of demands to rein in Immigration and Customs Enforcement…