Tag: business news
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China’s global hunt for tax revenue may be just getting started
Beijing’s recent push to tax offshore wealth may be only the opening phase of a broader campaign that could eventually reach overseas properties, inheritances.
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Hassett kept up to $5 million Coinbase stake as Trump reshaped crypto policy
Trump economic advisor Kevin Hassett owned as much as $5 million in Coinbase while serving as the White House’s top economic advisor, his disclosure shows.
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Y Combinator’s Garry Tan says ‘do nothing’ about distillation as AI giants accuse China of copying their tech
At Y Combinator’s annual Demo Day, CEO Garry Tan explained why he’s less concerned about frontier AI model distillation and the existential risk of AI.
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Bessent says ‘a large bank’ will be sanctioned on Monday as part of Iran strategy
U.S. Treasury Secretary Scott Bessent said that a large bank would be sanctioned next week.
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Chinese AI labs secretly used millions of Claude exchanges to train their models, Anthropic says
Anthropic said it detected unauthorized efforts by China-based AI labs including Alibaba and Moonshot AI to use its Claude models to help improve their own AI systems.
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This retail stock is 80% off its high. Cramer says it’s still not time to buy
CNBC’s Jim Cramer said the retailer remains in the doghouse.
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Friday’s CPI inflation report is even more important than usual. Here’s what to expect
The Bureau of Labor Statistics will release the August consumer price index report at 8:30 a.m.
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Investors gave up on this AI play, but charts suggest it’s worth a look, Jay Woods says
This stock grabbed traders attention in early 2026 as momentum drove shares up over 75%. But the sentiment was too euphoric.
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Ford announces $1 billion investment at Kentucky plant following DOT criticism on China
Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky.
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A faltering Dow Theory could spell more bad news for stocks
A late 19th century investment theory that confirmed a bullish 2026 outlook for equities may now signal a possible correction on the horizon.
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