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AI Startup Founder Becomes Billionaire By Building "ChatGPT For Doctors"
Daniel Nadler, cofounder and CEO of OpenEvidence, has joined the billionaire ranks by developing an AI tool designed to help doctors stay on top of medical research.

By The Financial District
Jul 161 min read


China Posts Better-Than-Expected Q2 Growth
China reported stronger-than-expected economic growth in the second quarter despite its ongoing trade war with the United States, as efforts to diversify exports beyond the U.S. began to pay off.

By The Financial District
Jul 161 min read


Wall Street Thinks Trump Will Be "TACO" Again On Tariff Threats
President Donald Trump’s history of backpedaling on tariff policies has led investors to embrace the acronym “TACO”—short for “Trump Always Chickens Out.”

By The Financial District
Jul 161 min read


Trump Imposes 30% Tariffs On EU, Mexico Starting August 1
President Donald Trump has announced that the U.S. will impose 30% tariffs on imports from the European Union and Mexico beginning August 1.

By The Financial District
Jul 161 min read


Ford Recalls 850,000 Cars In The U.S. Over Fuel Pump Failure Risk
Ford is recalling over 850,000 vehicles in the United States due to a defect in the low-pressure fuel pump that could lead to engine stalls while driving—raising the risk of crashes.

By The Financial District
Jul 161 min read


Apple Invests $500-M In Rare Earths Producer MP Materials
Apple has announced that it will invest $500 million in rare earths mine operator MP Materials as the iPhone maker seeks to localize its mineral supply chain.

By The Financial District
Jul 161 min read


Wedbush Upgrades AMC, Lifts Stock Of Movie Theater Chain
AMC shares jumped 9.5% in early trading after Wedbush Securities upgraded the stock to Outperform from Neutral.

By The Financial District
Jul 161 min read


Billionaires Also Moving Their Money To Safe Havens Overseas
Critics of President Donald Trump’s “Big Beautiful Bill” argue that it takes from the poor to benefit the wealthy, but not all billionaires are celebrating its passage.

By The Financial District
Jul 161 min read


Warburg Says Comparable U.S. Tariffs Will Be Slapped On ASEAN Markets
Southeast Asian nations will likely be subject to comparable U.S. tariffs because large disparities would fail to meaningfully reduce the overall trade deficit.

By The Financial District
Jul 162 min read


Major Banks May Earn, But Market Rally May Peter Out: Barron’s Daily
As the four largest U.S. banks—JPMorgan Chase, Bank of America, Wells Fargo, and Citigroup—report earnings this week, some analysts are warning clients that valuations are stretched and that the current market rally could soon lose momentum.

By The Financial District
Jul 161 min read


xAI Apologizes For Grok’s Antisemitic Outburst, Cites Faulty Engagement Algorithm
Elon Musk’s xAI has apologized for a 16-hour stream of antisemitic and extremist content posted by its Grok chatbot, blaming newly deployed instructions designed to prioritize user engagement.

By The Financial District
Jul 161 min read


MP Materials Cuts Rare Earths Deal With U.S. To Break China’s Grip
MP Materials unveiled a multibillion-dollar deal with the U.S. government on to ramp up production of rare earth magnets and help reduce China’s dominance over materials used in weapons, electric vehicles, and many electronics.

By The Financial District
Jul 161 min read


Bill Ackman Slammed For Sullying Professional Tennis
Billionaire Bill Ackman and the organizers of a tennis tournament have come under heavy criticism from former Grand Slam champions and social media users after the hedge fund manager made his professional tennis debut—a match he ultimately lost.

By The Financial District
Jul 162 min read


Trump Greenlights Nvidia’s Export Of Advanced Chips To China
Nvidia CEO Jensen Huang said the company has received approval from the Trump administration to export its advanced H20 computer chips—used for developing artificial intelligence—to China.

By The Financial District
Jul 162 min read


U.S. Nuclear Sub Makes First-Ever Port Call In Iceland
A U.S. Navy nuclear-powered submarine has made its first-ever port call in Iceland, a move that sends a strong strategic message to America’s adversaries.

By The Financial District
Jul 151 min read


Fed Execs Still Expect Interest Rate Cuts This Year
Good news for investors hoping for lower borrowing costs: Most Federal Reserve officials still expect interest rate cuts this year.

By The Financial District
Jul 151 min read


Iran Attack On Qatar Air Base Hit Geodesic Dome Used For U.S. Communications
An Iranian attack on a key air base in Qatar likely struck a geodesic dome housing equipment used by the U.S. military for secure communications.

By The Financial District
Jul 152 min read


Vietnam To Craft Measures To Reduce Dependence On Exports To U.S.
Vietnam will devise measures to improve product quality to cope with risks from U.S. tariffs as it seeks to expand exports to other markets and reduce its reliance on the United States.

By The Financial District
Jul 151 min read


China Slaps Export Ban On Companies Tied To Taiwan’s Military
China has imposed export controls on eight enterprises tied to Taiwan’s military as the self-ruled island began its annual military exercises.

By The Financial District
Jul 151 min read


Profit-Taking Brings PSE Index A Level Down
Profit-taking across all sectors dragged the Philippine Stock Exchange (PSE) index lower on today, with all sub-indices ending in the red.

By The Financial District
Jul 152 min read


Bitcoin Soars To Record While Washington Considers Crypto Bills
Bitcoin surged to a new all-time high early this week as lawmakers prepare to advance legislation aimed at structuring the U.S. crypto sector.

By The Financial District
Jul 151 min read


"Superman" Soars In Blockbuster Summer Movie Weekend
James Gunn’s Superman dominated the box office during another blockbuster summer weekend, bringing in $122 million in domestic ticket sales despite criticism from conservative commentators.

By The Financial District
Jul 151 min read


Australian Rare Earth Stocks Soar On MP Materials’ Multi-Billion U.S. Deal
Shares of Australian rare earths miners—including Lynas and Iluka Resources—soared on Friday following a multibillion-dollar deal between U.S.-based MP Materials and the U.S. government to boost production of rare earth magnets.

By The Financial District
Jul 151 min read


Les Wexner Makes $2 Billion In 3 Months From CoreWeave
Five years ago, Ohio’s most revered entrepreneur Les Wexner stepped down as chairman of L Brands and soon began selling off his stake in the Victoria’s Secret parent company.

By The Financial District
Jul 151 min read
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