Key Points Amazon's new "Shop Direct" feature lists products from other retailers' websites without their permission. An AI agent called "Buy for Me" can purchase these items on a shopper's behalf. Small business owners are angry, saying they feel "exploited"...
Key Points Elon Musk's AI startup, xAI, has raised $20 billion in a new funding round. Major investors include Nvidia, Fidelity, and the Qatar Investment Authority. The deal uses a unique structure, with a large portion of the debt backed by Nvidia's AI chips. The company is reportedly burning through $1 billion a month and needs the cash to expand its data centers. Musk sees...
Key Points China has banned exports of certain rare-earth elements to Japan. The ban is in response to comments the Japanese prime minister made about Taiwan. The restrictions target "dual-use" items with both civilian and military applications. China has already taken additional economic measures against Japan, including cutting flights. China has imposed a ban on exports of certain rare earth elements and other high-tech goods...
Key Points British business optimism improved in the fourth quarter of 2025, but it remains below average. The improvement is partly due to a less harsh-than-expected budget from the finance minister. The number of executives prioritizing investment has risen to a two-and-a-half-year high. The overall mood is still "subdued," with concerns about geopolitics and productivity. British business leaders are feeling a little more optimistic as...
Key Points Over 145 countries have agreed to amend the 2021 global minimum corporate tax deal. The update addresses the...
Key Points Gold and silver prices jumped after the U.S. captured Venezuelan President Nicolás Maduro. Spot gold rose 2.5% to...
Key Points A boom in battery storage is driving a recovery in the lithium market. Demand from power grids and...
Key Points Oakley Capital has agreed to buy a majority stake in GLAS. The deal is valued at approximately $1.35...
Key Points President Trump has a plan to have U.S. companies revitalize Venezuela's oil industry. The plan is unlikely to...
Key Points The U.S. Commerce Department is significantly reducing proposed tariffs on Italian pasta. The initial 92% tariff will be...
Key Points Tesla's global sales fell 9% in 2025, marking the second consecutive annual decline. The loss of the $7,500...
Key Points Asian manufacturing is booming, driven by a surge in demand for AI technology. European factory activity shrank in...
Key Points Gold and silver started 2026 with strong gains after their best year since 1979. A weaker dollar, lower...
Key Points The U.S. dollar began 2026 on a weak note, following its worst year since 2017. The dollar index...
Key Points The U.S. economy grew at a 4.3% annual rate in the third quarter of 2025. This is the...
Key Points Bulgaria officially adopted the euro on Thursday, becoming the 21st member of the eurozone. The country's old currency,...
Key Points Startup Helical Fusion and supermarket Aoki Super signed Japan's first fusion power deal. The deal is for future...
Key Points Brookfield is launching its own cloud business, Radiant. The new company will lease chips directly to AI developers....
Key Points Oil prices are down 17% in 2025, the biggest annual drop since 2020. A global surplus of 2...
Key Points President Xi Jinping announced China will meet its 5% economic growth target for 2025. He called the past...
Key Points Mexico is imposing new tariffs of up to 35% on imports from Asia. The measure primarily targets countries...
Key Points SoftBank has officially completed its $40 billion investment in OpenAI. The final payment of over $22 billion was...
Key Points Meta is acquiring the Chinese AI startup Manus. Manus creates "digital employees" that automate tasks such as research....
Key Points Major banks are forecasting "moderate growth" for the U.S. economy in 2026. A "K-shaped" recovery will continue, with...
Key Points Trump is proposing $2,000 stimulus checks and lower interest rates. The U.S. economy grew at a 4.3% rate...
Key Points Coupang is offering $1.18 billion in compensation for a massive data breach. The payout comes as 50,000 won...
Key Points SoftBank is in talks to acquire the U.S. asset manager DigitalBridge. DigitalBridge stock jumped 40% in pre-market trading...
Key Points China's state buyer, CMRG, is blacklisting products to pressure miners like BHP. The goal is to lower iron...
Key Points Silver prices increased by more than 100% in 2025, outperforming gold's 60% gain. A supply squeeze and high...
Key Points The Federal Reserve was divided in 2025 between fighting inflation and protecting a soft labor market. President Trump's...
Key Points Smaller tech firms are grabbing a $300 billion slice of the AI market. Credo and Astera Labs provide...
Key Points Singapore's factory output grew 14.3% in November. Pharmaceutical production more than doubled to avoid potential US tariffs. The...
Key Points Atos is selling its Latin American division to Semantix, a Brazil-based company. The deal involves 2,800 employees across...
Key Points The average U.S. import tax hit 17% in November, the highest since 1935. Tariffs raised over $236 billion...
Key Points The government wants to let 401(k) plans hold private credit and crypto. SEC Chair Paul Atkins says more...
Key Points Samsung is acquiring ZF's autonomous driving unit for $1.8 billion. The new technology will integrate with Samsung's Harman...
