The doomsday crowd may want to check its history books. As fears of an AI-driven jobs…
Category: Finance News
Goldman: AI will save the economy someday. First, it has to stop inflating it
Artificial intelligence is supposed to be the engine of the next great productivity boom. But before…
Anthropic takes shot at consulting industry in joint venture with Wall Street giants
Anthropic announced Monday that it has partnered with Blackstone, Hellman & Friedman, and Goldman Sachs to…
Millennial nostalgia means box office gold again as ‘Devil Wears Prada 2’ triumphs with $156.6 million global haul
Twenty years after the original, the sequel to “The Devil Wears Prada” made a splash in its first…
Current price of oil as of May 4, 2026
As of 8:45 a.m. Eastern Time today, oil sold for $115.01 per barrel (using Brent as…
China’s unprecedented defiance of U.S. sanctions triggers showdown
China has ordered its companies to ignore U.S. sanctions, an unprecedented act of defiance that threatens…
How Twilio CEO Khozema Shipchandler is turning the company around and beating SaaSpocalypse fears
Good morning. Maybe AI and software can be friends. Twilio CEO Khozema Shipchandler just delivered robust…
Google’s quiet internal war against its anti-military activist employees
Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver…
China has a welcome mat for Trump: it just rewrote the rules on U.S. sanctions
President Trump will meet Chairman Xi Jinping in Beijing on May 14–15. Xi Jinping has all the high…
Enbridge aims to help North America win from the AI boom and the Iran war as the FedEx of energy
Call it the FedEx of energy. Calgary-based Enbridge has grown into the largest oil and gas…
As economic despair mounts, Russian official admits the country has had enough of the war on Ukraine
Vladimir Putin is losing the Russian people as the economy and his war machine go in…
Basic goods in Cuba are increasingly sold in dollars as economy crashes. ‘Everything is scarce here’
José Luis Amate López hasn’t had a customer in almost two weeks, not counting the scrawny…
Markets on alert as Trump vows Project Freedom for Hormuz after renewed attacks on ships
Financial markets were muted on Sunday as investors were reluctant to bite on the latest well-timed…
Former NYC Mayor Giuliani in critical condition, Trump says
Former New York Mayor Rudy Giuliani has been hospitalized in Florida and is in critical condition,…
GameStop making $56 billion offer to acquire eBay, WSJ says
GameStop Corp. will offer $125 in cash and stock per eBay Inc. share in a takeover…
Trump says US will guide ships from ‘neutral and innocent’ countries out of the Strait of Hormuz
U.S. President Donald Trump announced a project that will start on Monday to help stranded ships leave…
Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
The past two years have been nothing short of extraordinary when it comes to the surge…
Cargo ship near the Strait of Hormuz comes under attack by multiple small boats
A cargo ship near the Strait of Hormuz said it was attacked by multiple small craft, according to…
Secret Service agent was struck by buckshot from alleged White House correspondents’ dinner shooter
Authorities have determined that buckshot from the gun of the man charged with trying to storm…
Iran has collected a ‘pittance’ of less than $1.3 million in Hormuz tolls, Bessent says
Iran’s latest proposal to the United States calls for issues between the countries to be resolved…
Chinese court rules firms can’t lay off workers on AI grounds
A Chinese court ruled that companies cannot terminate employees just to replace them with artificial intelligence…