OpenAI is built on a $1.4 trillion paradox. To investors, the company’s massive spending commitment on AI infrastructure is a terrifying liability, a cash bonfire that dwarfs its revenues and …
Citing “severe competition” and unfair market conditions, American companies are aggressively petitioning the US government for a massive expansion of import tariffs. In an 11-page plea to the Commerce Department, …
While headline figures show UK house prices hitting a new record of $pounds$299,862, experts warn that this success masks a significant “stretch” for prospective buyers. The 0.6% price rise in …
The UK’s biggest banks look set to avoid a fresh tax rise in this month’s budget, following reports that Chancellor Rachel Reeves wants to protect the sector’s competitiveness and maintain …
Global financial markets are under pressure after a wave of selling hit high-flying AI and tech stocks. Investors are increasingly worried that inflated valuations across the sector could signal the …
Tesla’s proposed $1 trillion compensation deal for Elon Musk faces mounting opposition after Norway’s sovereign wealth fund confirmed it will vote against the plan. The decision adds to growing resistance …
Sam Altman’s OpenAI is reportedly weighing plans to go public with a valuation that could reach $1 trillion. The move, expected as early as 2026, would represent a watershed moment …
Mortgage rates have edged lower, giving potential homebuyers a glimmer of hope — but ongoing affordability challenges and economic uncertainty continue to weigh down the spring housing market. The average …
After a sluggish start to the spring housing season, signs of renewed buyer interest are emerging. Mortgage rates have stabilized, prompting a surge in home loan applications and increased home …
A fresh analysis of nearly a decade’s worth of home sales reveals that late May offers the highest financial return for homeowners looking to sell — with two of the …