Business
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Michael Saylor Used ChatGPT to Engineer $15 Billion Bitcoin Stock Offering
Strategy Inc. Executive Chairman Michael Saylor revealed that his company deployed OpenAI’s ChatGPT to engineer a novel Bitcoin-backed preferred stock…
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US 30-Year Mortgage Rate Rises to 6.69% as Housing Market Adjusts
The benchmark 30-year U.S. fixed mortgage rate rose to 6.69% this week, up from 6.66% in the previous period, according…
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European Extreme Heatwave Rationing Power in Hungary and Threatening Rhine Shipping
A record-shattering heatwave and acute drought across Central and Southern Europe forced Hungary to drastically curtail nuclear power generation on…
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Bill Ackman Warns New York Rent Freezes and Wealth Taxes Risk Capital Flight
Billionaire investor Bill Ackman warned that New York City’s regulatory policies and proposed municipal reforms will accelerate capital flight and…
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Quarter of US Companies Report Losing Staff to Flat-Rate Peanut Butter Wage Bumps
One in four U.S. companies reported losing high-performing talent due to across-the-board pay raises that fail to reward individual merit,…
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Computer Science Enrollment Plunges as Universities Pivot to Interdisciplinary AI
Undergraduate enrollment in computer and information sciences at four-year U.S. higher education institutions fell 8.4% in spring 2026 compared with…
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Nintendo Net Profit Rises 53% on Mario Box-Office Boost and Switch 2 Demand
Nintendo Co. posted a 53.5% surge in first-quarter net profit, propelled by strong global box-office receipts from its latest theatrical…
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FIFA Apologizes for World Cup Commercial Plan as Infantino Faces Escalating Governance Crisis
FIFA issued an official apology on Wednesday following a failed attempt by President Gianni Infantino to sell commercial stakes in…
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SoftBank Profit Drops 18% as AI Investment Drive Drives Up Costs
SoftBank Group Corp.’s net profit fell 18 percent in its fiscal first quarter, dragged down by mounting costs even as…
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Surge in Utility Costs and Heat Waves Escalates Daily Impact on Americans, AP-NORC Poll Shows
Four out of five U.S. adults report that extreme heat has squeezed household budgets through higher electricity costs over the…
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