Debt-hungry AI companies face increased risk as bond yields spike
The AI infrastructure buildout shows no sign of slowing, but the surge in Treasury yields means it's at least going to cost more.
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'Funflation' is on the rise as hobbies get pricier, but consumers keep spending anyway
Consumers are spending more on hobbies like arts and crafts and outdoor sports, as it gets more expensive to travel due to increased airfare.
White House moves to block $810 million in funding through pocket rescission
The White House is moving to block $810 million in appropriated funds days before the fiscal year ends, drawing objections over the maneuver.
OpenAI expands review of model behavior after more rogue agent incidents emerge
OpenAI is conducting an extensive review of misaligned model activity after disclosures involving an Australian government portal and other websites.
This may be the ‘missing piece’ for investors looking to boost AI exposure
Matthews Asia portfolio manager Andrew Mattock delivers a strategy that revolves around the world's second largest economy.
Apple faces $5.7 billion patent infringement verdict over iPhone and Apple Watch haptics
A federal jury awarded Taction Technology more than $5.7 billion after finding Apple infringed claims from two haptics patents. Apple plans to appeal.
The 10-year Treasury yield is at its highest in nearly two decades. How we got here
The benchmark yield has climbed to a 19-year high, fueled by sticky inflation, heavy bond issuance and an AI-fueled investment boom.
Supply glut, lab-grown alternatives: What's behind the fall of diamond prices to record lows
Diamond prices are falling, leading investors and others to wonder whether the gemstones are losing their luster.
Trump rejects Iran's conditional ceasefire proposal, WSJ reports, as Saudi coalition intercepts projectiles
Trump expects renewed U.S. bombing of Iran after the midterm elections, The Wall Street Journal reports, as Saudi-backed forces intercept projectiles.
Audemars Piguet says its Royal Pop collaboration with Swatch is breaking sales records, despite luxury watch slump and tariffs
Swiss luxury watchmaker Audemars Piguet says its sales and engagement are breaking records after its risky, eye-catching Royal Pop collaboration with Swatch.
Why Xi believes the U.S. and China can overcome the 'Thucydides Trap'
In May, Chinese President Xi Jinping asked U.S. President Donald Trump whether the countries could avoid destructive rivalry. Now, it seems, he thinks they can
Here's exactly what Paramount promised Hollywood to land WBD — and why some are still skeptical
Paramount CEO David Ellison's antitrust settlement eased some theatrical concerns, but questions remain about what happens when the five-year agreement ends.