Bitcoin Slides Below $60,000, Triggering $1 Billion Liquidation Amid Fed Rate Hike Expectations
Bitcoin’s fall below $60,000 wiped out $1 billion in leveraged crypto positions as markets shift to price in a Federal Reserve rate hike by October.
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Crypto & Fintech
Markets & Macro
Major Tech Firms Collaborate to Launch AI Worker Retraining Initiative Led by Raimondo
A coalition including OpenAI, Anthropic, Amazon, and Microsoft supports a new nonprofit headed by Gina Raimondo to retrain American workers for the rising AI-driven economy.
Energy & Climate
China Increases Fuel Export Quotas for July While Maintaining Lower Output Levels
China plans to raise its July fuel export allowance, easing regional supply concerns though exports and refinery operations remain below pre-conflict levels.
Markets & Macro
Inflation’s Core Gauge Hits Highest Point in Three Years Amid Rising Cost Pressures
The core inflation index surged to a three-year peak, signaling growing affordability challenges as consumer prices continue to rise beyond volatile sectors.
Energy & Climate
The Environmental Cost of AI: How to Reduce Its Energy and Water Impact
Artificial intelligence consumes vast amounts of energy and water, increasing the environmental footprint of daily digital activities, but users can take steps to lessen this impact.
Trade & Tariffs
Qualcomm to Launch China-Compliant Data Center Chips with Modified AI Accelerators
Qualcomm plans to introduce a full range of data center chips for China, featuring tailored AI accelerators designed to meet U.S. export restrictions and navigate local market challenges.
AI & Tech Regulation
FDA’s Breakthrough Device Program Sees Surge in Generative AI Health Technologies
The FDA’s breakthrough device pipeline now includes a growing number of generative AI-based tools, signaling rapid adoption of AI in healthcare innovation.
Defense & Security
Iraq Seeks to Centralize Control Over Iran-Backed Militias Amid Security Challenges
Iraq’s new government moves to restrict Iran-backed militias’ weapons under state authority in an effort to consolidate security and reduce Tehran’s influence.
Defense & Security
Rising Cyber Threats Targeting SMBs in 2026 Exploit Fake AI Tools and Phishing
Small and medium-sized businesses face a surge in cyberattacks involving counterfeit AI tools and communication apps, while weaker defenses make them prime targets.
Energy & Climate
How a Landmark Climate Paper Became a Tool for Fossil Fuel Industry Messaging
A widely influential climate change paper from Princeton was heavily shaped by oil giant BP to promote fossil fuel-friendly solutions, masking the scale of the climate crisis.