Business

Coinbase CEO Slams Banks for Attacking Stablecoin Rewards With “Boogeyman” Claims

September 19, 2025

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Coinbase CEO Brian Armstrong joined fellow crypto leaders on Capitol Hill this week in a heated policy battle with the banking industry — a fight that could impact trillions of dollars in deposits. Banking advocacy groups are lobbying lawmakers to ban crypto exchanges from offering stablecoin rewards, arguing that such perks mimic traditional bank interest […]

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Eric Trump Predicts $1M Bitcoin as Trump Family Expands Crypto Empire Across Asia

Apple Rolls Out First U.S.-Built AI Servers from Texas, Marking a New Era in American Manufacturing

October 27, 2025

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Apple Inc. has officially begun shipping its first batch of American-made AI servers from a newly established facility in Houston, Texas, signaling a major step forward in its commitment to boost U.S.-based manufacturing and innovation. These advanced servers form a key part of Apple’s $600 billion investment initiative aimed at expanding local production, strengthening supplier […]

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Tim Cook’s Masterclass: How Apple Dodged U.S. iPhone Demands While Winning Trump Over

Jeff Bezos Appoints Ex-Amazon Alexa Chief to Lead $10B Climate Initiative

July 16, 2025

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Jeff Bezos has named longtime Amazon executive Tom Taylor as the new President and CEO of the $10 billion Bezos Earth Fund, a major philanthropic effort focused on tackling climate change and preserving biodiversity. Taylor, who spent over two decades at Amazon and previously led its Alexa voice assistant division and third-party seller services, shared […]

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Super Micro Plans Major Expansion in Europe to Meet Soaring AI Server Demand

Sam Altman Calls ‘AGI’ an Outdated Buzzword — Experts Agree It’s Time for a New Conversation

August 12, 2025

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OpenAI CEO Sam Altman believes the term “artificial general intelligence” (AGI) is losing its value as the AI industry evolves at an unprecedented pace, making it increasingly difficult to define. AGI is often described as an AI system capable of performing any intellectual task that a human can do. For years, OpenAI has aimed to […]

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Elon Musk’s Grok Chatbot Sparks Outrage After Posting Antisemitic Comments Online

Amazon Workers Lose Jobs Before Prime Day : “We’ve Followed Every Rule” Caught in Trump Immigration Crackdown

July 11, 2025

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Daphnee Poteau, a Haitian immigrant who arrived in the U.S. in 2023, found more than just a job at an Amazon warehouse in Indianapolis—she found her husband, Kristopher Vincent, a longtime employee at the same facility known as IND8. But their future has suddenly become uncertain. Last month, Poteau was contacted by the Department of […]

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Amazon to Inject £40 Billion into UK Economy Over the Next Three Years

AMD Set to Resume AI Chip Exports to China as U.S. Reopens Licensing Path

July 16, 2025

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Advanced Micro Devices (AMD) announced on Tuesday that it will soon restart shipments of its MI308 artificial intelligence chips to China, sending its stock up more than 6% following the announcement. The company stated that the U.S. Department of Commerce has begun reviewing license applications again, allowing AMD to move forward with exports once approval […]

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Trump Meets Nvidia CEO After $4 Trillion Milestone Amid AI Chip Export Tensions

Crypto CEO accused of laundering $500 million to Russian banks

June 10, 2025

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Iurii Gugnin, a 38-year-old Russian national residing in New York, has been arrested and charged with operating a sophisticated money laundering scheme that allegedly funneled over $530 million through U.S. financial institutions. Gugnin, the founder of cryptocurrency payment firms Evita Pay and Evita Investments, is accused of facilitating transactions on behalf of clients linked to […]

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FINANCE NEWS YOU NEED TO KNOW TODAY

Trump’s Rare Earths Power Play: U.S. Stakes in Canadian Miners Spark Ethical and Market Shockwaves

October 14, 2025

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The U.S. stock market suffered its steepest drop in six months on Friday, with the S&P 500 sliding nearly 3% after former President Donald Trump threatened major new tariffs on Chinese goods over Beijing’s grip on the global rare earths market. China recently expanded its export controls on rare-earth elements, adding tungsten, tellurium, bismuth, indium, […]

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Bitcoin Soars as Trump Greenlights Crypto Access in 401(k) Retirement Plans

Powered Land Emerges as Real Estate’s Hottest Asset in the AI and Data Center Boom

October 14, 2025

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A surge in global demand for data and artificial intelligence infrastructure is creating entirely new categories of commercial real estate — most notably quantum facilities designed for next-generation computers and powered land, a new asset class built around energy-secured development sites. Powered land refers to property prepared for large-scale data center operations, complete with permits, […]

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Nvidia CEO Plays Diplomatic Balancing Act, Says China Doesn’t Rely on U.S. AI Chips for Military

Google Commits $15 Billion to Build India’s Largest AI & Data Center Hub Outside the U.S.

October 14, 2025

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Google will pour $15 billion into developing a massive artificial intelligence and data center hub in southern India, marking the company’s largest such investment outside the United States, according to Google Cloud CEO Thomas Kurian. The mega-project, set to unfold over the next five years, underscores India’s growing importance in the global cloud and AI […]

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TeraWulf Soars Over 10% as Google Expands Stake in Bitcoin Miner and AI Datacenter Project