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Internal divisions over whether to raise interest rates intensified at Kevin Warsh's second meeting as chairman of the Federal Reserve.
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Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars'
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Aschenbrenner's hedge fund behind Wall Street's AI trade sells off assets to Citadel
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The market is no longer rewarding profits because it's fixated on whether AI spending converts to growth.
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FIFA defiant over World Cup investment plan, despite UEFA's vote to boycott Al JazeeraStatement on behalf of Concacaf and its 41 Member Associations Concacaf | Official WebsiteAFC joins Uefa and Concacaf in opposing Fifa plan BBCHow to explain the complex emotional backlash that started soccer's global war CNN
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Combined profits of ExxonMobil and Chevron for the second quarter soared more than 300% in three months to more than $26 billion.
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The world's biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.
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The 30-year fixed-rate mortgage reached 6.66% on average Thursday.
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AI hedge fund Situational Awareness may have sold its public portfolio, but it still has its Anthropic shares TechCrunchAI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say CNBCAschenbrenner Tried to Sell Private Stakes Before Citadel Deal BloombergExclusive | Citadel Buys Situational Awareness's Stock Por
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Xbox CEO lays out priorities in memo after major ‘reset' The VergeMicrosoft now identifies exclusives as a way to grow Xbox TweakTownXbox revenue plunges $1.7bn, with hardware dropping 29% YoY GamesIndustry.bizSatya Nadella Demands Xbox Returns to Growth by 2027, but Revenue Is Falling, and Every Console Loses Money Wccftech
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Fed chair Kevin Warsh has been outspoken about the need to bring inflation down. But his stinginess with details this week has raised anxiety about less predictable policy.
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U.S. sees progress toward deal to disarm Hamas, rebuild Gaza AxiosHamas agrees to complete disarmament under 'historic' Gaza agreement: Trump foxnews.comBoard of Peace said nearing deal with Hamas on disarmament, but Israel opposes offer The Times of Israel
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How Leopold Aschenbrenner, the ‘golden child' of the AI trade, was laid low Financial TimesAI investor Leopold Aschenbrenner forced to unwind all public stock positions after steep losses, sources say CNBCExclusive | Citadel Buys Situational Awareness's Stock Portfolio After Big Losses in AI WSJImplosion of Situational Awareness hedge fund has Wall Street betting the bottom is in for the AI trade MarketWatch
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