Dollar’s Share of Global Reserves Slips as Euro Gains Ground
July 30, 2025
Key Points The U.S. dollar’s share of global currency reserves dipped slightly in the first quarter of 2025, while the euro’s share saw a modest
July 30, 2025
Wall Street Holds Steady Ahead of Fed Decision and Big Tech Earnings
July 30, 2025
Key Points U.S. stocks held steady on Wednesday as investors braced for a packed day of market-moving events. All eyes are on the Federal Reserve’s
Bank of Canada Holds Rates Steady, Hints at Future Cuts Amid Trade War Uncertainty
July 30, 2025
Key Points The Bank of Canada held its key interest rate at 2.75% for the third time in a row on Wednesday, citing ongoing uncertainty
Palo Alto Networks to Buy CyberArk for $25 Billion in Major Cybersecurity Deal
July 30, 2025
Key Points Cybersecurity giant Palo Alto Networks is buying its Israeli rival CyberArk for about $25 billion in a massive cash-and-stock deal. The move is
Trump’s Crypto Task Force to Release Major Policy Report
July 30, 2025
Key Points President Donald Trump’s special crypto working group is set to release a major report on Wednesday that will outline the administration’s vision for
Chinese SpaceX Rival LandSpace Files for Shanghai IPO
July 30, 2025
Key Points Chinese rocket developer LandSpace Technology, a major rival to U.S. companies like SpaceX, is planning to go public. According to a document from
Italy Probes Meta Over Pre-Installing AI Assistant in WhatsApp
July 30, 2025
Key Points Italy’s antitrust watchdog has launched an investigation into Meta Platforms, accusing the tech giant of abusing its dominant market position by automatically adding
Google to Sign EU’s AI Code of Practice, But Expresses Concerns
July 30, 2025
Key Points Google will sign the European Union’s new code of practice for artificial intelligence, the company’s global affairs president announced on Wednesday. The move
LG Signs $4.3 Billion Battery Deal, Tesla Reported to Be the Customer
July 30, 2025
Key Points South Korean battery giant LG Energy Solution has signed a massive $4.3 billion contract to supply batteries to a major corporation. While LG
Australia Reverses Course, Adds YouTube to Teen Social Media Ban
July 30, 2025
Key Points Australia’s government has reversed its earlier decision. It will now include YouTube in its world-first ban on social media for teenagers under 16.
Breakthrough Brings Cheaper, Tabletop-Sized X-Ray Lasers Closer to Reality
July 30, 2025
Key Points Scientists at Lawrence Berkeley National Lab have made a breakthrough that could lead to smaller, more affordable X-ray free-electron lasers (XFELs). These powerful
US and China Agree to Seek Extension of Tariff Truce
July 30, 2025
Key Points After two days of “constructive” talks in Stockholm, U.S. and Chinese officials have agreed to seek another extension of their 90-day tariff truce.