Banks, markets, central banks, and the data driving the global economy.
OpenAI is in early talks with investors over a funding round that could value the company at 1.2 trillion dollars or more, a jump that would upend the valuation gap with Anthropic just weeks after it opened.
2 min read
Fox Tungsten is fully cashed up for their ongoing drilling program, is in possession of a standout asset, and has considerable long-term value in a critical market. And make no mistake, folks – FOXT…
4 min read
The 10 year Treasury yield touched 5 percent this week for the first time on a sustained basis since 2007, arriving despite weeks of Treasury intervention meant to hold the line and reviving warnings about where the national debt is headed.
3 min read
Treasury Secretary Scott Bessent dared traders to bet against him on the yen and tripled a bond buyback to hold down borrowing costs. Days later the 10 year Treasury yield closed in on 5 percent anyway.
3 min read
A striking gap has opened on the private markets for AI stock. A realistic minimum stake in Anthropic now starts around 25 million dollars, while a position in OpenAI can be had for a fraction of that.
3 min read
Scott Bessent says America can simply grow its way past a 40 trillion dollar national debt. The economist who runs Penn's budget model calls the story fantastic, and says the underlying math points the opposite direction.
3 min read
Japan's rising bond yields and a shaky political mandate are putting pressure on a decades old pillar of cheap global financing, the yen carry trade, and unwinding it would not stay confined to Tokyo.
3 min read
Scott Bessent doubled the government's purchases of long dated Treasuries to calm a restless bond market, but economists who have watched this playbook before say the size of the check was never the variable that decided whether it would work.
3 min read
Long term borrowing costs in America, Britain and Japan have climbed to levels not seen in decades, and elected governments that once treated deficits as a distant worry are now being priced by markets that no longer take fiscal discipline on faith.
3 min read
Daron Acemoglu is the most cited economist of his generation, a Nobel laureate whose models reach into everything from ancient history to artificial intelligence. The strange thing is how often his dazzling machinery produces conclusions that fail to persuade.
5 min read
Cryptocurrency debit card provider faces mounting allegations of defrauding clients through hidden fees, frozen withdrawals, and deceptive review practices.
3 min read
A wave of spending on data centres is now propping up growth, markets and even the plans of finance ministers. If the artificial intelligence payoff arrives late, or fails to arrive at all, a great many people will discover how much they were quietly counting on it.
4 min read
The new Federal Reserve chair wanted to sound flexible and free the central bank from its old habits. Instead he unsettled investors, sent long term yields climbing, and may have made the very rate rise he hoped to avoid more likely.
4 min read
A rally that made Seoul briefly the world's sixth largest market has reversed with terrifying speed, wiping out gains in weeks and catching an army of leveraged small investors on the wrong side. The trigger came from China.
4 min read
Sponsored by MarketSmart Communications Inc. on Behalf of Fox Tungsten Ltd. Authored by Lemuel Daher. The tungsten market is at historic highs. Rotterdam APT pricing of tungst…
4 min read
Brussels once told the world it would never chase American laxity on bank capital. Wall Street's profit boom has quietly changed the conversation, and the Commission's new competitiveness plan shows how far the mood has shifted.
5 min read
The firm is developing algorithmic trading systems on a par with the tools investment banks use for high frequency and strategic trading, and in 2026 it has begun testing advanced AI models in live conditions.
3 min read
Washington is forcing Chinese firms out of the United States while quietly working to hold on to the very technology they brought. It is a tricky balance, keep the know-how, lose the owner.
6 min read
After months of strikes and stalemate, Iran and its adversaries have reached a thin agreement that halts the bombing and lets the oil flow again. It buys calm, but it settles almost nothing.
6 min read
In 1956 a botched war over the Suez Canal quietly ended Britain's reign as the world's banker. Ray Dalio thinks today's stalemate with Iran, set against a mountain of debt, could mark a similar turn for the United States.
6 min read
UPS spent a century as the gold standard of parcel delivery. Now a leaner, faster FedEx is catching up, and the company built on brown trucks is fighting to prove it can still set the pace.
6 min read
For years, cutting off Iran's oil sales was the heart of American pressure on Tehran. Easing those sanctions hands Iran a flow of money and a measure of legitimacy that years of squeezing were meant to deny it.
5 min read
European savers pour their wealth into American shares, funding the very companies inventing the next era. The returns are real, yet the continent risks becoming a customer of the future rather than its maker.
5 min read
Spending has carried the United States economy past one gloomy forecast after another. Beneath the resilient headline, though, a widening gap between richer and poorer households is testing how long the run can last.
5 min read