Google Signs Historic Agreement To Power AI Data Centers With Small Nuclear Reactors By 2030
Google has partnered with Kairos Power to deploy small nuclear reactors for its AI data centers, aiming to bring the first reactor online by 2030.
US Retirees Face Long-Term Care Costs That Could Jeopardize Savings—Here's What Financial Experts Suggest
U.S. retirees are increasingly worried about financial risks due to soaring healthcare costs and longer life expectancy, with 45% facing potential shortfalls in retirement funds.
Kamala Harris Reveals New Policies To Strengthen Black Male Support With $20,000 Forgivable Loans And Health Equity
Kamala Harris's new policies include providing forgivable loans, access to marijuana and cryptocurrency industries, and launching a national health initiative.
Apple Found Illegally Limiting Messaging Use At Work To Prevent Employees From Discussing Work Conditions
Apple faces new NLRB complaints accusing the company of violating employee rights by restricting social media use, limiting Slack channels, and unlawfully firing employees involved in workplace activism.
Editor's Pick
China Imposes Trade Restrictions, Blacklisting on US Arms Suppliers for Selling Missiles, Jets to Taiwan
China has imposed sanctions on US companies selling arms to Taiwan, including trade restrictions and potential blacklisting, as tensions rise over Taiwan’s military acquisitions from the US.
Titan Submersible Employee to Testify That the Submarine Is 'Unsafe' Prior to Fatal Titanic Mission
An employee who labeled OceanGate’s Titan submersible as ‘unsafe’ will testify before U.S. Coast Guard investigators, potentially impacting the company’s future operation.
Global Central Banks Set to Lower Interest Rates: How Could This Impact Your Loans and Savings?
Central banks globally are set to announce interest rate changes this week, with the US expected to cut rates by up to half a point, while other countries will either hold steady or make smaller adjustments.
Investors
Regions
China Bans Taiwan’s Fruit and Seafood Imports, Igniting Trade Dispute
China has banned Taiwan’s fruit, seafood, and vegetables imports, escalating tensions over trade and military issues.
Global Stocks Drop as Japan's Nikkei Falls 13% and European Shares Hit Six-Month Lows
China and Italy Hopes to Revive Ancient 'Silk Road' Route With New Trade Agreement
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Scotland-England Electric Link to Power 2 Million Homes, Construction Starts 2028
Regulators have approved a £4.3 billion subsea cable project between Scotland and England, designed to enhance renewable energy transfer and boost energy security.
ECB’s Interest Rates Remain Unchanged But May See Cuts in September
European Commission President Ursula von der Leyen Re-Elected to Second Term
Deals
Funding
Godmother of AI' Fe-Fei Li Secures $1B Valuation for New Startup, World Labs
Fei-Fei Li’s AI startup, World Labs, raised $230 million in funding, valuing the company at over $1 billion as it prepares to develop AI models for 3D interaction by 2025.
Nvidia Rival Groq Raises $640 Million in a New Funding Round
Groq was originally looking to raise $300 million at a slightly lower valuation. Groq, an artificial intelligence chipmaking startup, has secured more than $600 million in a recent funding round, the company announced Monday.
Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds in Just 1 Day
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
People
US Jobless Rate Surges by 15%; Majority Due to Hurricane Helene and Boeing Strike
The US jobless rate last week has risen by 33,000 to 258,000, exceeding predictions, mostly due to Hurricane Helene and Boeing's temporary furlough for thousands of employees.
Broke Chinese Millionaire's Bottle of Sprite Auction Attracts Over 300 Bidders, Criticism Mounts Against Chinese Court
A Chinese court auctioned a bankrupt millionaire's last asset, a bottle of Sprite, sparking criticism over wasted judicial resources.
'Suicide Capsule' Group in Pretrial Detention, Suspend Applications After 64-Year-Old Woman's Unverified Peaceful Death
An American woman dies from the banned Sarco Pod or Suicide Capsule in Switzerland, prompting a criminal investigation after parliament said it's illegal.