Trump Announces Tiered Drone Tariffs to Protect National Security and Rebuild U.S. Supply Chains
Trump unveiled a tiered tariff structure on drones and components — including a 100% rate on militarily sensitive models —...
OpenAI’s Revenue Run Rate Tops $40 Billion, Roughly Doubling in Eight Months as AI Coding Tools Drive Explosive Growth
OpenAI's annualized revenue run rate has surpassed $40 billion, roughly double its end-of-2025 figure, fueled by Codex AI coding tools,...
Citadel Locks Down Staff With Two-Year Non-Competes Tied to Pay — Even Junior Analysts Aren’t Exempt
Ken Griffin's Citadel is imposing non-compete agreements of up to two years on investing staff including analysts, with the length...
SEC Cancels Crypto Regulation Meeting as Clarity Act Stalls in Congress and Midterm Clock Ticks
The SEC scrapped a closely watched Friday meeting on digital asset regulation as the Clarity Act remains stuck in Congress...
Every Yen Intervention Creates a Better Entry: Carry Traders Are Exploiting the Bounce to Rebuild Short Positions
Historic US-Japan intervention has done little to break the yen carry trade, as the interest rate gap between Japan and...
U.S. Sells 30-Year Bonds at 5.216% — Highest Yield Since 2001 — in a Direct Warning to Bessent on Fiscal Risk
The Treasury sold $25 billion of 30-year bonds at a 5.216% yield, the costliest long-bond auction since 2001, as investors...
Mexico Counterproposes Lower Auto Tariffs in USMCA Renegotiation — Wants to Expand Tariff-Free Content and Cut the 25% Rate on Non-US Vehicle Parts
Mexico's counterproposal to the Trump administration would expand tariff-free content in vehicles and reduce the top-line 25% tariff on non-US...
DeepMind’s Demis Hassabis Pitched an “IAEA for AI” to Lab CEOs and Trump Officials Before Stepping Down — A New Independent Safety Body to Govern the Race to AGI
Hassabis held discussions with AI lab leaders and Trump administration officials including Scott Bessent about forming an independent AI safety...
Tariff Refunds Are Turbocharging S&P 500 Earnings — 40+ Companies Report $9.6 Billion in Refunds, Apple Alone Recovers $2.2 Billion
Contrary to fears the refund process would be slow and messy, over 40 S&P 500 companies have already reported $9.6B...
Anthropic in Talks to Acquire Decart AI for $6 Billion — World Models, Chip Efficiency Tech, and a Pre-IPO Bet on Infrastructure Supremacy
Anthropic is in talks to buy Decart AI for ~$6B ahead of its IPO. Decart's chip efficiency software and world...
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