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Gold and silver lost about $400 billion in paper value within minutes on Wednesday as US bond yields hit their highest level since 2002. The figure reprices metal already owned. It does not measure money pulled from markets. Gold slid from about...

Morgan Stanley says SpaceX stock could nearly double to $300 a share. Yet at least 40 of the firm’s clients do not own the stock. SpaceX went public in June in the largest initial public offering (IPO) ever, at $135 a share. Four months later,...

Bitcoin topped $85,000 and gold jumped within minutes of new US inflation data on Wednesday. The Fed’s preferred price gauge rose 3.4% from a year earlier, well below forecasts of 3.7%. Gold price increased in a straight line, ending a week-long...

New York Fed President John Williams, the second-ranking official on the Federal Reserve’s rate-setting committee, pushed back on an October rate hike. The Fed has “no need for urgency,” he said. Last week, markets predicted a 70% probability of an...

OpenAI and Anthropic came close earlier this year to a legally binding deal letting each test the other’s artificial intelligence models for vulnerabilities and hidden safety risks, The Information reported. It is unclear whether the agreement was...

The Federal Reserve raised interest rates by a quarter point on Wednesday, lifting the target range to 3.75% to 4.00%. All 12 voting officials backed the move, the first increase since 2023. Forecasts released alongside the decision went further...

Morgan Stanley told investors a stock market correction could arrive within 30 days. However, based on developments over the weekend, markets may not wait that long, with Monday likely to be the first test. Mike Wilson, the bank’s chief US equity...

Hunter Biden is turning his laptop into a crypto token called LAPTOP, set to launch Wednesday on Base, a blockchain built by Coinbase. The Wall Street Journal reported the plan, which takes aim at President Donald Trump. Nearly a third of the coins...

ChatGPT outage reports jumped from 5,000 to more than 22,000 in 10 minutes on Thursday morning. Claude, Grok and coding tool Cursor were already broken. Three rival labs failed inside roughly 90 minutes, and no cloud provider declared a fault....

BitcoinWorld Trump Dismisses Iran Deal as ‘Worthless,’ Says Tehran Exhausted Its Chances President Donald Trump has sharply dismissed the value of any nuclear agreement with Iran, telling Fox News in an interview that the deal is “worthless” even...