The development follows Mexican President Claudia Sheinbaum's statement on Wednesday that her administration is investigating the security and environmental impact of rocket launches.
Elon Musk announced that X will transition to charging advertisers based on vertical screen size, marking a significant shift in the platform's revenue strategy as the company works to restore advertising income to pre-acquisition levels.
President Donald Trump's crypto and AI advisor, David Sacks, praised on Thursday the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.
Chicago Fed President Austan Goolsbee reflects on data-driven central banking, high housing costs, supply shocks, and AI hype—urging nuanced judgment beyond labels like
China is accelerating its move away from U.S. dollar-denominated assets, with the share of U.S. Treasuries and the Dollar in the country's reserves reaching its lowest levels in over a decade.
Bill Gates warns that continued U.S. cuts to global health aid could result in 8 million additional child deaths by 2040, urging Congress to reverse course and restore funding to critical programs like PEPFAR and the Global Fund.
The case stems from a whistleblower lawsuit filed by a former Aetna actuary who alleged CVS Caremark manipulated drug pricing to inflate Medicare claims while underpaying pharmacies.
Leading cryptocurrencies moved sideways Thursday while stocks rallied after the White House signaled that the July tariff deal deadline could be extended.
Shipping rates on the Shanghai-to-U.S. West Coast route have reportedly found a near-term floor at around $2,500 per 40-foot container, after rising to about $6,000 per month.
He reiterated President Donald Trump’s comments from earlier at the White House, regarding the signing of the China trade deal a day ago, and being very close to the finish line with India.
People occasionally ask me how my views on economics differ from those of John Cochrane. In a recent Cochrane post on Fed independence, I found a paragraph that nicely illustrates how our views differ:
Local drugmakers, including Sun Pharma, Biocon, Zydus, Cipla, and Dr. Reddy’s are racing to develop cheaper versions of semaglutide as its Indian patent nears expiry.
It was a quiet day in the gold market on Thursday, with a brief reprieve from any major war headlines, and the futures are currently down a dollar on the day.
On Thursday, Cathie Wood-led Ark Invest made notable trades, including the sale of shares in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ).
It never was entirely tariff distortions. Everyone had tried to dismiss Q1 as an anomaly. Later revisions have instead shown there is indeed a shift happening among U.S. consumers.
In this video, Ira Epstein discusses the current state of the financial markets, highlighting the stock market's proximity to all-time highs, particularly noting the Nasdaq's performance.
Despite decades of searching, neutrinoless double-beta decay has never been observed in nature but IonQ’s simulation of the process has given scientists new tools to explore it and highlights the real-world potential of IonQ's hardware.
A closer look at the role of the S&P 500 ecosystem in the global economy and how market participants are using the index icon to make more informed decisions.
The S&P has taken out the February 'bull trap' with a new breakout of 6,100. In doing so, the last of the technical 'sell' signals reversed with a fresh 'buy' in the MACD.
Despite the dip, the stock has delivered a strong year-to-date return of 51.94% and an impressive one-year return of 127.14%, outperforming the Hang Seng Index.
