Articles

Mark Walter’s sports empire offers a glimpse of the money machine behind private credit—and the plumbing keeping it together

Mark Walter’s sports empire made him one of the most recognizable owners in American sports. His financial empire was considerably less visible, even though it was hiding in plain sight. But recent developments now have the business mogul facing scrutiny over the financial machinery behind his sports empire, raising much bigger questions about the entire private credit sector.

SpaceX is hiring in natural gas trading for energy needs

Elon Musk’s SpaceX is hiring a trader to build and lead a natural gas trading team to support the space flight company’s growing fuel and power needs.

Nvidia's AI Chips Are About to Get More Expensive Too.

Chip Race: Microsoft, Meta, Google, and Nvidia Battle It Out for AI Chip Supremacy

At Olympics-like event, Chinese robots smash athletic records set by humans — including Usain Bolt's 100-meter sprint time

Chinese humanoid robots broke records set by humans, including beating Usain Bolt’s 100-meter sprint world record, on the opening day of the Olympics-like World Humanoid Robot Games in Beijing on Saturday.

Venezuela abandoning the bolivar and adopting the U.S. dollar would be the biggest currency switch since the advent of the euro, Hanke says

Steve Hanke earned the moniker “Money Doctor” after advising governments across the globe on how to use currencies to get inflation under control.

Harvard’s $699 startup bootcamp offers AI avatars of its instructors

In the HBS Foundry program, AI avatars provide feedback during practice pitches and board meetings.

'You’re at war when you get attacked' — Canada's Mark Carney accuses U.S. of using economic integration as a weapon as trade fight spurs tariff hikes

The United States and Canada, historic allies along an undefended border, fell deeper into a trade war Saturday marked by angry recriminations and new tariffs that are expected to raise prices for products in both countries.

A mysterious free AI model is impressing developers. And nobody knows who made it.

Ox Alpha, a mysterious AI model, debuted on OpenRouter on Thursday. Its origins are unknown, though some suspect a Chinese lab.

Canada demand for trucks tariff relief imperiled trade talks

Trade talks between the US and Canada collapsed Friday in part amid a last-minute standoff over cutting US tariffs on Canadian medium- and heavy-duty vehicles, people familiar with the matter said.

Nvidia customers notified about AI-related price hikes above 15%

Some of Nvidia Corp.’s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases with memory chip costs soaring.

Trump’s stock disclosure shows more than 1,000 trades in June

President Donald Trump made more than 1,000 securities trades in June, including significant purchases of Berkshire Hathaway Inc., Visa Inc., Mastercard Inc. and Cintas Corp., according to a financial disclosure published Saturday.

At China's robot Olympics, the finish line comes with a padded wall and a stretcher

China's second World Humanoid Robot Games kicked off Saturday in Beijing. The spectacle comes as China pours money into its humanoid robot industry.