Barclays' new 3A Framework reveals that only 20% of core workplace skills are highly replicable by AI, easing fears of a massive replacement wave. However, AI's productivity amplification effect is...
Mengniu-incubated sports nutrition brand Maisheng has completed a nearly 100 million yuan Series A+ funding round, with Li Ning Company and Viva China joining as strategic investors. The deal signals...
China's major stock indices fell Tuesday morning, with the Beijing 50 index up over 2% as property stocks reversed gains. PCB, glass substrate, and CRO names rallied on pricing hikes...
Wednesday's economic calendar features critical inflation data from the U.S. and Eurozone, a Bank of England rate decision, and Fed speeches, all set to influence stocks, bonds, crypto, commodities, and...
CITIC Securities, China's largest brokerage, is set to undergo a leadership change as Zhang Youjun retires and Zou Yingguang takes over as chairman. The transition, expected to be smooth, may...
Goldman Sachs argues that US core inflation is overstated by roughly 3.4 percentage points of temporary distortions from tariffs and an AI-related PCE weighting quirk. Once stripped out, underlying US...
A retiree with ample IRA savings was denied a retail credit card, exposing how underwriting models reward paychecks over accumulated wealth. The episode highlights a growing mismatch between an aging,...
Treasury Secretary Scott Bessent may take on an additional role as the Trump administration's AI policy coordinator, raising questions about conflicts of interest and the intersection of fiscal policy with...
Strive CEO Matt Cole argues Bitcoin could rise without limit as US debt dynamics erode the dollar's value, framing fiscal deterioration as the asset's most powerful long-term catalyst. The claim...
US Treasury Secretary Scott Bessent is reportedly under consideration to become Trump's 'AI czar,' a move that would frame AI policy as an economic and capital-markets issue. For crypto, the...
President Trump has voiced support for a U.S. diesel export ban, and Treasury Secretary Bessent says the administration is studying its feasibility. The proposal threatens to tighten an already fragile...
Jet fuel prices are surging alongside diesel as a supply shock from the Strait of Hormuz squeezes global refining capacity. The move lifts refiners' margins, pressures airlines, and threatens to...
Nearly half of U.S. adults under 30 now live with their parents, a structural shift driven by housing unaffordability and student debt. The trend suppresses household formation, weighing on housing...
President Trump endorses a potential diesel export ban amid soaring prices, with a decision expected soon. The move could disrupt global energy markets, impacting commodities, equities, bonds, currencies, and crypto....
The U.S. Treasury yield curve is approaching inversion again, a classic recession signal that has investors on edge. Rate-sensitive stock sectors are already weakening, while bonds, crypto, commodities, and currencies...
An 82-year-old woman was overpaid $20,000 in Social Security benefits, sparking a repayment demand. This case highlights a growing trend of clawbacks that could strain retiree finances and have broader...
A homebuyer discovered her dream condo's HOA had only 1% in cash reserves, exposing a broader risk in the U.S. housing market. Underfunded HOAs can lead to special assessments, property...
Citi's annual family office survey shows inflation has overtaken trade wars and tariffs as the top concern for ultra-wealthy investors. Over 90% reported positive returns, with nearly half increasing allocations...
New York Fed President John Williams said the shift of Treasury and repo trading to central clearing is running ahead of regulatory deadlines, while reaffirming that the Fed's ample-reserves framework...
President Trump told the UN General Assembly that a U.S.-Iran deal could come right after November's midterms, that oil could plunge below pre-conflict levels once fighting ends, and that America...
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