OpenAI’s new study reveals AI now matches or surpasses human performance in nearly half of real-world job tasks, raising fresh concerns about automation and employment.
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Citadel’s Ken Griffin warned that investors are starting to consider gold as a safer asset than the dollar, calling the trend “really concerning.”
Trilogy Metals surged over 200% after the White House announced a $35.6 million investment, marking a major shift in U.S. critical minerals strategy and policy.
President Donald Trump’s proposed cap on international students could reshape U.S. higher education, impacting university finances, global enrollment trends, and America’s standing as an education hub.
Rite Aid, one of America’s oldest pharmacy chains, has officially shut down after decades of service, following bankruptcy, opioid lawsuits, and mounting financial struggles.
Elon Musk becomes the first person to surpass $500 billion net worth, driving innovation through Tesla, SpaceX, Neuralink, and other ventures shaping technology, energy, and space exploration.
Trump’s proposed “compact for academic excellence” pressures universities to drop diversity factors in admissions for federal funding, sparking sharp resistance from Gov. Gavin Newsom defending academic freedom.
Microsoft is striking multibillion-dollar deals with “neoclouds” like Nebius, CoreWeave, Nscale, and Lambda to rapidly expand AI computing capacity and meet soaring global demand.
The HSBC’s Global Entrepreneurial Wealth Report 2025 indicates that the wealthiest Indians are outspending their global peers on luxury lifestyles, and embracing global mobility at a faster pace
Lufthansa Group plans to cut 4,000 jobs by 2030 amid digitization and cost pressures, as global airlines, including Spirit, announce major workforce reductions.
More than two in five multinational companies plan to expand operations in India, driven by its fast-growing economy, large consumer base, and favorable trade reforms.
Abu Dhabi’s royal family and U.S. investors including Oracle, Silver Lake, Dell, and Fox are set to take majority control of TikTok’s $14B American arm.
Yale-trained Mody is founder and CEO of an Indian startup that makes plant-based leather from crop waste
OpenAI is set to lease $100 billion worth of Nvidia GPUs, with Oracle financing data centers, to scale its AI infrastructure and reach gigawatt capacity.
HSBC and IBM demonstrate the world’s first empirical evidence of quantum computing enhancing algorithmic bond trading, achieving up to 34% improvement with hybrid quantum-classical models.
Tether Holdings seeks up to $20 billion in funding, a deal that could value the stablecoin giant at $500 billion, rivaling SpaceX and OpenAI.
Spirit Airlines plans to furlough 1,800 flight attendants as part of cost-cutting measures amid its second bankruptcy in a year and shrinking flight network.
U.S. lawmakers urge the SEC to swiftly implement Trump’s executive order allowing cryptocurrencies and alternative assets in 401k retirement plans to expand investment options for Americans.
This incident has once again very vividly shown us that our stability and the lives we built in this country is just one press-conference away from collapsing
Ray Dalio warns soaring U.S. debt and deficits threaten the global monetary order, as national debt surpasses $37 trillion with rising risks to economic stability.
Spirit Airlines CEO Dave Davis announces job cuts and a 25% schedule reduction as the bankrupt carrier seeks stability through cost-cutting, fleet downsizing, and union negotiations.
President Trump seeks to redirect billions from Ivy League universities like Harvard into trade schools, sparking legal battles, settlements, and debate over funding workforce development.
The Tech Prosperity Deal strengthens UK-U.S. ties with £31 billion in AI, quantum, and nuclear investments, positioning Britain as a global hub for advanced technologies.
Ticket reseller StubHub raised $800 million in its IPO at a $8.6 billion valuation, marking its long-awaited stock market debut on the NYSE.
Dr. Debarag Banerjee, Chief AI & Data Officer at L&T Finance, shares insights on AI-driven lending, RODI, financial inclusion, and the future of agentic AI.