Rising bond yields add tens of billions to G7 countries’ debt costs
World’s biggest developed economies face higher financing costs since start of US-Iran war, weighing on public finances
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World’s biggest developed economies face higher financing costs since start of US-Iran war, weighing on public finances
Authorities warn rising water could complicate recoveries with more than 3,000 still missing
Cross-class friendships appear to be one of the strongest predictors of upward mobility for people in low socio-economic groups
Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Tru
Start-ups are using the military-derived term to glorify customer-facing work as clients seek people to help set up artificial intelligence tools.
Months of panic that AI would replace subscription software are easing after a strong week of software earnings.
Dollar Tree says a helium squeeze has hit sales of balloons and party supplies. Researchers note this could foreshadow higher costs for other industries that de

US Treasury’s Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil
For the past year, markets have vaporized roughly $2 trillion in software value by asking the wrong question about AI.
Anthropic refused to support lethal autonomous warfare and mass surveillance.
Plus: Hackers target over 100 US water systems, ICE puts in an order for robot dogs, and you’ll never guess what “MrChildPorn” was arrested for.
The firm, known for its focus on software, is going to start throwing more money at the hardware behind AI.
More Gulf oil is moving again. Getting it out now costs a fortune. Earnings on the benchmark Saudi Arabia-to-China supertanker route surged to a record $647,000
Kazakhstan is trying to keep the Kremlin at arm’s length amid Russian efforts to lean on Central Asian states for help in bolstering Moscow’s staggering war eco

Fed Chair Warsh's first Jackson Hole keynote doubled down on giving markets zero rate hints as inflation runs hot and Bitcoin traders wait on September's call.

Fed Chair Warsh devoted a full section of his speech today at Jackson Hole to AI's weight on the economy. Here are the biggest takeaways.

BTC gave back some of its gains after Fed Chair Kevin Warsh talked tough on inflation, but prediction market traders are still leaning bullish.
But every month without settled rules quietly rewards the walled garden, writes Matter Labs’ Vassilis Tziokas.
Warsh's highly anticipated remarks at the Kansas City Fed's annual symposium Friday morning leaned hawkish, prompting traders to quickly raise bets on a Septemb

Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US inflati