Washington Sanctions Cuba’s State Oil Giant CUPET, Escalating Energy Pressure on Havana
The U.S. Department of the Treasury imposed sanctions on Thursday against Cuba's state-owned oil company, Unión Cuba-Petróleo, known as CUPET,…
CoreWeave Breaks New Ground With Europe’s First AI Junk Bond, Pulling €7 Billion in Orders
CoreWeave, the GPU cloud computing company that provides AI infrastructure to clients including Microsoft and OpenAI, completed the first euro-denominated…
Anthropic Signs 1 GW Data Center Leases and Seeks Google Guarantee in Full-Stack Infrastructure Push
Anthropic is moving to establish direct control over its compute infrastructure, signing more than a dozen preliminary agreements to lease…
U.S. Producer Inflation Hits 3.5-Year High as Energy Shock Forces Fed Into Prolonged Pause
U.S. producer prices climbed 1.1% in May, pushing the annual rate of wholesale inflation to 6.5% – the steepest year-on-year…
Lawsuit Claims xAI Fired Engineer Who Warned About Grok Safety Days Before SpaceX’s $1.8 Trillion IPO
A former engineer at Elon Musk's artificial intelligence company xAI has filed a lawsuit in California state court against both…
The World Cup Economic Miracle That Hasn’t Arrived Yet – and Why the Numbers Tell Two Stories
The 2026 FIFA World Cup, the largest edition in the tournament's history with 48 teams and 78 matches spread across…
Commercial Real Estate Lending Hits All-Time High in April as Data Center Boom Floods Market With Capital
Global commercial real estate lending reached an all-time competitive intensity in April 2026, with credit activity among lenders and the…
Profitable But Paralysed: U.S. Firms Refuse to Bet Big on China Despite Record Earnings
American companies operating in China are holding back from expanding their investment footprint in the country despite a meaningful improvement…
OpenAI Eyes Drastic Token Price Cuts in All-Out War for Users Against Anthropic
OpenAI is weighing a dramatic reduction in the prices it charges users for access to its AI models as competition…
Franklin Templeton Confirms SpaceX IPO Participation as $1.8 Trillion Debut Draws $250 Billion in Demand
Franklin Templeton, the San Mateo-based asset manager overseeing nearly $1.7 trillion in client assets, has confirmed it will participate in…
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