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Asian central banks shy away from currency intervention

Asian central banks shy away from currency intervention

In its latest foreign-exchange report released in June, the U.S. Treasury refrained from labeling any country a currency manipulator.
Active Capital Defies Pre-Seed Slowdown With Fresh $28M Fund Focused On AI

Active Capital Defies Pre-Seed Slowdown With Fresh $28M Fund Focused On AI

Active Capital, a San Antonio-based solo GP venture firm, has closed on its third fund — a $28 million vehicle aimed at investing in enterprise AI ...
Trump told Iran to “make peace” after bombing three of its nuclear sites

Trump told Iran to “make peace” after bombing three of its nuclear sites

Trump went on national television Saturday night and demanded that Iran “make peace,” just two hours after the US military bombed three major Irani...
NHTSA demands details on robotaxi tech and weather risk

NHTSA demands details on robotaxi tech and weather risk

Federal auto regulators in the US are now combing through responses from Tesla after demanding answers about how its robotaxi system handles bad we...
Thinking Machines hires ex-OpenAI team

Thinking Machines hires ex-OpenAI team

Mira Murati just closed a $2 billion seed round for her new AI company, Thinking Machines Lab, pushing its valuation to $10 billion, even though th...
U.S. Supreme Court rejected a fast-track challenge to Trump’s tariffs by two toy companies

U.S. Supreme Court rejected a fast-track challenge to Trump’s tariffs by two toy companies

Trump’s tariffs are not going anywhere anytime soon. On Friday, the US Supreme Court rejected a request from two toy manufacturers who tried to spe...
Italy slams EU budget rules as senseless

Italy slams EU budget rules as senseless

Italy has launched a stinging attack on the EU's fiscal rules, describing them as old and outdated.
Trump accuses Fed board of platting against him, calls Powell the ringleader

Trump accuses Fed board of platting against him, calls Powell the ringleader

President Donald Trump is now claiming the Federal Reserve Board is working against him. On Thursday, he went after not just Jerome Powell, but the...
Trump family quietly reduces crypto stake in World Liberty

Trump family quietly reduces crypto stake in World Liberty

One of Trump’s family companies has discreetly reduced its stake in its main crypto venture, World Liberty Financial. In only 11 days,  its parent ...
Ohio’s House of Representatives Passes Crypto Bill to Allow $200 Tax Free Threshold for Crypto Transactions

Ohio’s House of Representatives Passes Crypto Bill to Allow $200 Tax Free Threshold for Crypto Transactions

Ohio's House of Representatives has passed a bill that incentivises crypto use and exempts crypto transactions from capital gains tax.