The Bank for International Settlements issues urgent warning that the trillion-dollar AI investment boom carries echoes of past financial manias and could end in a painful bust.
The Federal Reserve's preferred inflation measure surges to its highest level since 2023, driven by gas prices and AI-related demand, raising the specter of rate hikes.
The NBA offseason explodes with blockbuster moves as Ja Morant heads to Portland, Draymond Green declines his player option, and the Warriors bring back Kristaps Porzingis.
Google has imposed restrictions on Meta's use of its Gemini AI models after capacity disputes, highlighting escalating competition in the artificial intelligence race.
New Federal Reserve Chairman Kevin Warsh has stripped the easing bias from policy statements and raised rates 0.5% in his first FOMC meeting as inflation forecasts surge.
The United States Men's National Team has officially punched their ticket to the knockout round, set to face Bosnia-Herzegovina on July 2nd despite a late group stage loss to Turkey.
Nasdaq falls 2.2% as global selloff hammers Nvidia, SpaceX and semiconductor stocks. Wall Street questions whether AI spending will ever deliver the promised returns.
New Federal Reserve chairman's tight-lipped approach leaves markets guessing as inflation accelerates and rate hike expectations mount.