Mark Zuckerberg says he doesn't have "a very precise plan" for monetizing AI. He's raised Meta's spending forecast to $145 billion anyway. Across four companies, the annual AI infrastructure tab now tops $600 billion.
The Federal Reserve held rates at 3.5%-3.75% in an 8-4 split — the most dissent since 1992. Then Powell announced he's staying on the board after his chair term ends, denying Trump another appointment.
German inflation hit 2.9% in April and Spain hit 3.5%, driven by energy prices surging after the Strait of Hormuz closed. The ECB meets Thursday with its 2% target nowhere in sight.
The man poised to lead the world's most powerful central bank wants to cut interest rates. Oil above $100 and inflation at 3.3 percent have other plans.
China's No. 2 chipmaker quietly developed 7nm technology with Huawei's backing. Then Washington's letters arrived—and billions in equipment contracts went dark overnight.
Startup CEOs are bragging about spending more on AI than on humans. A Nvidia executive just admitted the technology still costs more than the workers it's meant to replace.
Iran offered to reopen the Strait of Hormuz. Trump wasn't interested. Inventories in some countries are now days from "operational minimums" — the point where refineries stop working.
The five best-selling budget EVs in China cost a combined $49,440 — just under the sticker price of one average American car. Tariffs can keep them out of US showrooms. They can't keep them out of every other market on earth.
Mark Carney's most ambitious economic move as prime minister is a C$25 billion sovereign wealth fund — seeded with borrowed money, invested domestically, and open to retail Canadians. No major economy has tried anything quite like it.
The EU depends on China for 94% of its solar panels. It just proposed legislation designed to keep Chinese companies out of the industry's public funding — and Beijing says it will hit back.
CS2's $14.99 matchmaking pass holds #5 on Steam's revenue chart. Four games launched the same day by developer MUTAN show zero concurrent players each. The platform owner's own product dominates its own shelves.
The DOJ dropped its criminal case against Jerome Powell. Hours later, Thom Tillis lifted his blockade on Kevin Warsh's Fed confirmation. Democrats say the leverage hasn't gone anywhere — and neither has the precedent.
A New York Times investigation traced gold from Colombian cartel mines — including one on a military base — straight to the U.S. Mint, where it was melted, rebranded, and sold as domestically sourced product.
Iran supplies 30% of the world's pistachios. War has cut exports just as viral Dubai chocolate sent demand surging. A UK minister warns higher grocery prices could persist for eight months after the conflict ends.
Five days before trial, Elon Musk voluntarily dropped the fraud claims at the heart of his $134 billion lawsuit against OpenAI. The remaining case is quieter — but might be exactly what he wanted all along.
A game about building the world's greatest internet company launched with zero concurrent players. It shares that distinction with most of Steam's April 25th release class.
Four French delivery associations have filed criminal human trafficking complaints against Uber Eats and Deliveroo — reframing gig-economy exploitation from a regulatory gap into a criminal charge.
Nvidia's $5 trillion valuation rests on a single assumption: that the hyperscalers will keep spending on AI infrastructure. Next week, we find out if they agree.
Google is committing up to $40 billion to Anthropic — the largest investment ever made in a single startup. Two cloud giants now effectively bankroll the same AI lab.
A billion barrels of oil have vanished from global supply. Three tankers a day now pass through the Strait of Hormuz, down from 129. The IEA chief's warning was deliberate — and the worst of it hasn't reached consumers yet.
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Maynard Keys