Senate crypto bill adds proposed ban on officials issuing digital assets
An updated Senate measure would bar presidents and other federal officials from issuing or sponsoring cryptocurrencies and other d...
By Sarah Jenkins 1 month agoSection
Markets
Reddit shares fall on report of Google AI data deal doubts
Reddit fell about 9% after a report said it has discussed cutting off Google’s AI access to its user-generated content.
By Sarah Jenkins 1 month ago
Trump generic drug tariff plan puts pressure on low-margin suppliers
The proposed duties would start after a two-year reprieve, raising questions over U.S. medicine prices, supply chains and domestic...
By Sarah Jenkins 1 month ago
Houthi missile and drone deployments raise Red Sea shipping risk
A U.S. Navy-led maritime center said the Houthis had prepared attacks near Bab el-Mandeb after declaring an embargo on Saudi shipp...
By Marcus V. Thorne 1 month ago
AMD to invest up to $5bn in Anthropic under AI chip partnership
Anthropic plans to use AMD Instinct MI450 GPUs at gigawatt scale as AI groups race to secure scarce computing capacity.
By Marcus V. Thorne 1 month ago
Fidelity puts 2026 retiree health costs at $185,500
A 65-year-old retiring in 2026 may face average health costs up 7.5% from last year, with long-term care excluded from the estimat...
By Sarah Jenkins 1 month ago
Samsung raises foldable phone prices with Galaxy Z8 launch
Samsung introduced three foldable smartphones in London, with $100 increases on key models as memory-chip costs rise and Apple is...
By Sarah Jenkins 1 month ago
Wyden bill would require Congress to approve key Trump tariffs
The Oregon Democrat’s proposal targets presidential tariff authorities after Trump announced 50% duties on a range of Canadian goo...
By Sarah Jenkins 1 month ago
Samsung sets out smart glasses features in challenge to Meta
Samsung’s planned smart glasses will include a camera, phone tethering and AI-assisted summaries as it enters a market led by Meta...
By Marcus V. Thorne 1 month ago
Wistron shares rise after Texas AI server plant opens for Nvidia
The Taiwanese manufacturer’s new $700mn Fort Worth site will assemble Nvidia AI systems, adding U.S. capacity for advanced computi...
By Amanda Ross 1 month ago
Oil rises as US-Iran conflict puts Hormuz supply route in focus
Brent traded above $93 after further U.S. strikes on Iran, with investors weighing energy supply risks and implications for Fed po...
By Marcus V. Thorne 1 month ago
Japan’s AI trade lifts makers of toilets, glass fiber and seasonings
Toto, Nittobo and Ajinomoto have posted sharp share gains as specialist materials businesses tied to semiconductor demand expand.
By Sarah Jenkins 1 month ago