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There’s no escape from inflation as a perfect storm of the ‘Godzilla’ El Niño, AI boom, Trump tariffs, fuel crunch, and Ukraine war keep...
Jason Ma -
Oil prices have retreated as the U.S.-Iran war recedes, despite occasional skirmishes, but inflationary trends will continue to apply pressure from all sides.That will keep Wall Street on high alert for rate hikes from the Federal Reserve, with policymakers...
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A rare bipartisan housing bill just became law – but Americans will still struggle with affordability
A sweeping housing measure, which became law on July 11, 2026, is being widely celebrated as a crucial step in addressing the nation’s housing crisis. The ROAD to Housing Act is one of the few...
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Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences | Fortune
Bill Gates, Barack Obama, and Oprah Winfrey all share a daily habit that most Americans have quietly abandoned: reading books.In fact, according to a 2025 JPMorgan survey of more than 100 billionaires, reading ranks as the top habit that...
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Why the 2026 IPO boom is about to broaden beyond AI mega-deals | Fortune
After a first half of 2026 dominated by blockbuster AI, semiconductor, and space IPOs, the market is entering a new phase. Strategists say the back half is shaping up as a rebalancing: mid-cap and overlooked sectors are preparing to...
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Apple accuses OpenAI, and former design star Jony Ive’s io Products firm, of stealing hardware trade secrets in blockbuster lawsuit | Fortune
Apple sued OpenAI on Friday for allegedly stealing its trade secrets, an extraordinary move that pits the $4.6 trillion iPhone maker against the fast-growing AI startup as it prepares to release a new class of hardware products that have...
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U.K. agency finds ‘universal jailbreaks’ unlock dangerous cyber capabilities of OpenAI’s GPT-5.6 | Fortune
OpenAI latest AI model, GPT-5.6 Sol, likely has security vulnerabilities similar to one that led the Trump administration to impose export controls on Anthropic’s Fable 5 model, according to findings from U.K. government agency.OpenAI markets its latest model, GPT-5.6...
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Memory chip giant SK Hynix jumps nearly 13% in Wall Street debut as AI frenzy powers biggest initial share sale in the U.S. by...
Shares of South Korean memory chipmaker SK Hynix rose 12.8% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence.The company is already one of the...
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Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it...
Jason Ma -
Iran’s president and central bank chief told Supreme Leader Ayatollah Mojtaba Khamenei the economy was on the ropes due to the U.S. naval blockade, according to a report.As the regime weighed whether to sign the memorandum of understanding to...
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Why better-off cities and towns see more benefits from data centers than rural regions
The fierce backlash against data centers shows no sign of easing up.Since early 2024, more than 1,200 public actions – including zoning fights, public campaigns and temporary moratoriums – have been logged by the Data...
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Even in conservative North Dakota, some socialist institutions thrive
Candidates affiliated with Democratic Socialists of America, an organization well to the left of the Democratic Party, have scored wins in several of the party’s competitive primaries. It’s very likely that they will win House...
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Japan earthquake: Two workers killed in Aeon Mall blast after re-entering on boss’ order
Two workers who died in a shopping mall explosion that followed a powerful earthquake in Japan last week were...