Trump’s new China tariff sparks wide sell-off, wiping 2.7% off the S&P 500 on the bull market’s third birthday
Rare earth elements—a group of 17 metals critical for producing everything from smartphones and wind turbines to missile guidance systems—have long been a choke point in U.S.-China relations. China controls…
Perplexity’s 31-year-old CEO horrified after seeing a student using his free AI browser to cheat: ‘Absolutely don’t do this’
Comet, in particular, is well set up to do students’ work for them—it’s not your average chatbot. Built by Perplexity as what it calls an “agentic” AI browser, it’s designed…
Billionaire MacKenzie Scott doubles down on DEI with $42 million donation
For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing. source
The U.S. and South Korea need to salvage their tariff and investment agreement—for the sake of the alliance
But—as is now common under the Trump administration—those good feelings quickly soured. A brewing crisis now threatens the 72-year-old alliance and South Korea’s hosting of the APEC Summit at the…
Goldman’s chief information officer has 4 tips on how to AI-proof your career, including ‘posing provocative, non-obvious questions’
As artificial intelligence continues to reshape workplaces around the world, Goldman Sachs chief information officer Marco Argenti believes professionals can thrive—not by competing with machines, but by learning how to…
Trump just celebrated the bull market’s third birthday by wiping 2% off the S&P 500, lashing out at China over the great rare earths tug-of-war
Rare earth elements—a group of 17 metals critical for producing everything from smartphones and wind turbines to missile guidance systems—have long been a choke point in U.S.-China relations. China controls…
Trump claims China holding the world ‘hostage’ on rare earths is ‘especially inappropriate’ after Gaza peace deal
The Republican president suggested that he was looking at a “massive increase” of import taxes on Chinese products in response to Xi’s moves. It’s possible that this could amount to…
AI enabled Klarna to halve its workforce—now, the CEO is warning workers that other ‘tech bros’ are sugarcoating just how badly it’s about to impact jobs
“I think there is a massive shift coming to knowledge work. And it’s not just in banking, it’s in society at large.”By early 2024, Klarna had launched an OpenAI-powered customer…
‘Is AI hurting growth?’ Top analysts say their clients are starting to worry as the 3-year bull market shows its age
Donovan’s analysis includes boosts to growth from the now-archetypal data centers leading to economic activity from construction workers, programmers, and so forth, which have helped lift U.S. growth. “But AI…
Bitcoin is ‘not an asset’ and has ‘no intrinsic value,’ says $225 billion investment company
The argument that crypto has no fundamental value is based on the view that other assets—stocks, bonds, cash, property, or derivatives thereof—usually entitle holders to an underlying right, such as…
