Economy
US-China Talks Set Stage for Trump-Xi Summit
US and China establish AI dialogue framework as diplomatic groundwork laid for Trump-Xi meeting
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Economy
Understand the latest moves in inflation, interest rates, jobs, trade, markets, and economic policy. Briefly Pulse turns complex developments into short, source-linked updates focused on their real-world implications.
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Economy
Nike Loses Mbappé to On in Major Sports Brand Shift
Kylian Mbappé leaves Nike for On, marking the Swiss brand's first soccer signing and a major blow to Nike's soccer roster.
Economy
Fed Staff Missed SVB Red Flags
Fed review finds supervisors missed critical signs before SVB's 2023 failure, prompting calls for regulatory overhaul.
Economy
Warren Buffett steps down as Berkshire chairman
Warren Buffett is stepping down as chairman of Berkshire Hathaway, effective immediately, as his son Howard takes over the role.
Economy
Japan Raises Rates to Highest Since 1995
Japan ends its era of negative interest rates, raising borrowing costs to 1.25%.
Economy
Clearlake Takes Full Control of Chelsea
Clearlake Capital buys out Boehly and Walter, gaining full control of Chelsea.
Economy
SEC Proposes Ending Shareholder Proposal Rule
The SEC proposes rescinding Rule 14a-8, shifting shareholder proposal authority to state law.
Economy
Trump Ally Invests in Venezuela
Trump oil ally Harold Hamm's company to develop Venezuela's Orinoco Belt oil reserves amid shifting US policy
Economy
EU Offers Canada Historic Associate Membership Amid Trump Trade War
EU proposes Canada as first associate member amid Trump trade war, creating potential new economic axis between North America and Europe.
Economy
Tech Giants Push Back Against AI Slowdown
Tech leaders debate AI development pace as Zuckerberg aligns with Huang against slowdown concerns.
Economy
Bessent defends Treasury intervention in House hearing
Treasury Secretary Scott Bessent defends bond market intervention and economic record during a combative House hearing.
Economy
Trump Dismisses AI Dangers as ‘Hoax’
Trump calls AI dangers a 'hoax' during public conversation with Nvidia CEO, dismissing concerns about rapid AI development.