Sony’s PlayStation disc shift puts $7bn used-game market under pressure
Sony will stop making discs for new PlayStation games in 2028, tightening digital distribution and raising questions for retailers...
By Sarah Jenkins 1 month agoSection
Markets
Rubio says Iran’s Hormuz stance risks wider shipping precedent
The U.S. secretary of state said Washington remains open to talks as Central Command struck Iranian military targets for an 11th n...
By Marcus V. Thorne 1 month ago
Democrats propose limits on foreign-owned companies’ election spending
Raskin and Whitehouse bill would set ownership thresholds for U.S.-registered companies with foreign ties, extending campaign fina...
By Amanda Ross 1 month ago
Japan exports and imports post fastest growth since 2022
June exports rose 19.3% and imports climbed 25.4%, beating Reuters-polled estimates as chip-equipment demand and a weak yen suppor...
By Sarah Jenkins 1 month ago
Prediction-market firms and gambling groups raise Washington spending
Kalshi and gaming interests increased federal lobbying in 2026 as Congress and regulators examine sports, election and government-...
By Sarah Jenkins 1 month ago
Fed sought access to Anthropic AI model after bank cyber warning
The Federal Reserve lacked access for at least three months to Anthropic’s Claude Mythos Preview after warning major banks about c...
By Marcus V. Thorne 1 month ago
OpenAI adds Nubank and BNY chiefs to boards ahead of possible IPO
David Vélez and Robin Vince join both OpenAI boards after a recapitalization left the nonprofit foundation in control of the for-p...
By Marcus V. Thorne 1 month ago
Dimon warns on stocks and long bonds as ETF flows favor short Treasurys
JPMorgan’s Jamie Dimon cautioned on equity valuations and long-dated Treasurys, while ETFAction data show strong demand for ultra-...
By Amanda Ross 1 month ago
Super Micro shares rise after stronger margin outlook and $60bn in orders
The server maker said June-quarter gross margins should exceed prior guidance, while new AI-server orders pushed its backlog to a...
By Amanda Ross 1 month ago
Goldman forms private markets platform for wealthy clients
The bank is combining existing alternatives operations with new teams focused on direct private-company stakes and secondary tradi...
By Sarah Jenkins 1 month ago
SpaceX short interest rises to 32% of float ahead of first earnings report
S3 Partners estimates bearish wagers against SpaceX have climbed to about $25 billion as investors await earnings and lock-up expi...
By Marcus V. Thorne 1 month ago
Bond index funds may not offer a complete fixed income allocation
Advisers say Agg-tracking funds can anchor bond portfolios, but Treasury concentration and rate sensitivity deserve scrutiny.
By Sarah Jenkins 1 month ago