Prime Focus

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…

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