Cathie Wood Bets Big on Elon Musk's Latest AI VentureCathie Wood has bet on xAI, an artificial intelligence (AI) startup founded by Elon Musk. She has al ...
Why Delta Airlines Is Less Affected by Boeing's Safety IssuesAnalysts have pointed out that Delta Air Lines is most flexible regarding aircraft problems and the ...
China's Love for Pets Fuels Multi-Billion Dollar IndustryDespite economic downturns, China's pet market (petconomy) has a high growth rate. In particular, th ...
How the 2024 Election Could Reshape America's Energy LandscapeWood Mackenzie predicts that if Donald Trump wins the U.S. presidential election this November, the situation regarding the U.S.’s transition to electric and renewable energy could significantly change. It is estimated that $1 trillion in clean energy investment could be at risk due to policy changes that might occur under a second Trump administration. Former […]
Fed Officials Question if Current Policies are Enough to Tame InflationMost Federal Reserve (Fed) members have questioned whether monetary policies are restrictive enough to bring inflation down to target levels.
U.S. Defense Vulnerability Exposed by Rising Climate ExtremesThere are projections that the increasingly frequent occurrence of extreme abnormal weather conditio ...
Middle East Unrest Pushes Investors Towards Gold and SilverInternational gold prices hit a record high on the 20th (local time). The June gold price on the COMEX in New York closed at $2438.50 per ounce, an increase of $21.00 (0.87%) from the previous trading day. Expectations of a cut in the U.S. benchmark interest rate, China’s economic stimulus measures, and geopolitical tensions in […]
Target Slashes Prices on Thousands of Items: From Diapers to Dairy!Target announced on the 20th that it will reduce the prices of at least 5,000 frequently purchased items, including milk and diapers.
Gold Prices Hit All-Time High Amid Geopolitical Tensions and Fed Policy OptimismAmid rising geopolitical tensions in the Middle East and expectations that the Federal Reserve may a ...
China's Pet Economy Thrives, Set to Reach $112 Billion by 2025China's pet economy is rapidly growing. It is expanding not only in goods and food but also in the travel sector.
Exclusive Insider Info: What to Expect from Apple's Upcoming Slim iPhoneAccording to insiders on the 17th, Apple is developing a slim iPhone version, likely to be released in 2025.
Japan and ASEAN Unite Against China: Joint Auto Strategy in the WorksJapanese Prime Minister Fumio Kishida is delivering a speech at the Japan-ASEAN (Association of Sou ...
China-US Container Fright Rates Reach New Heights, Jump 40% in a WeekContainer freight rates from China to the United States have significantly increased this month. The increase in Chinese consumption has...
Copper Prices Soar: Chile Predicts Continued Rise Through Next YearChile, the world’s largest copper supplier, has raised its average copper price forecast for this year and next year. The possibility of copper prices continuing to rise in the near term has increased. The Chilean state copper commission, Cochilco, announced on May 17th that it has revised its average copper price forecast for this year from […]
Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus[The Guru=Yoon Jin-Woong Reporter] Chinese electric vehicles (EVs) are being identified as disruptiv ...
Why Michael Burry is Ditching Tech for Gold Amid Economic UncertaintyScion Asset Management, led by Michael Burry, newly purchased 447,290 shares of Sprott Physical Gold Trust...
From Pandemic to Prosperity: How U.S. Households Accumulated WealthA recent study reveals that US consumers have amassed $4.3 trillion more in liquid financial assets than before the pandemic. Despite the depletion of surplus savings amassed through pandemic relief funds, American consumers still have strong purchasing power. This suggests that the slowdown in inflation may be slower than expected due to strong demand. According […]
UAE's AI Revolution: Introducing the Falcon 2 SeriesThe United Arab Emirates (UAE) is investing in AI. On May 13th, the UAE government research institute announced a new open-source gen-AI model capable of competing with large technology companies. The Abu Dhabi Technology Innovation Institute (TII) has launched the Falcon 2 series, which includes the text-based model Falcon 2 11B and the vision-to-language model […]
U.S. and China Face Off in High-Level AI Risk SummitThe United States and China are slated to hold their first high-level talks on the dangers of AI...
U.S. Election Impact on Semiconductor Industry: Insights from Korea Institute for Industrial Economics & TradeA representative was seen examining a wafer at a booth during the Semiconductor Exhibition (SEDEX) h ...
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