Browsing: Financial
Supermicro’s co-founder was just accused of smuggling $2.5 billion in GPUs to China | Fortune
Federal agents on Thursday arrested Yih-Shyan “Wally” Liaw, a prominent Silicon Valley executive deep in the AI ecosystem who co-founded…
Argentines once drank 90 liters of wine a year. Now they’re down to 15 — and 1,100 vineyards have already closed | Fortune
Argentina’s once thriving wine industry is facing its worst crisis in more than 15 years, with record-low domestic consumption, dwindling…
McDonald’s newest $3 value menu is sounding an alarm about America’s K-shaped economy | Fortune
McDonald’s is rolling out its cheapest value menu in years, a move that could speak more to the state of…
U.S. debt is competing with a record supply of corporate bonds, which is pushing up the cost of federal borrowing just as war spending piles up | Fortune
The AI capital expenditure boom has created a gusher of corporate debt, forcing the Treasury Department to make its bonds…
Despite Greenland crisis, Trump suggests NATO owes him help on Iran war after U.S. support for Ukraine. ‘We’ve been very sweet’ | Fortune
Just two months ago, NATO was in the middle of an existential crisis over President Donald Trump’s insistence that the…
‘Peak war panic’ will likely hit financial markets in 1-3 weeks, strategist predicts, as Trump says he doesn’t want to make a deal with Iran yet | Fortune
The S&P 500 is only down 3% so far this year and 5% off its all-time high, still far from…
President Donald Trump said the US had bombed military targets on a critical Iranian outpost in the Persian Gulf and…
The U.S. Mint dropped the olive branch from the dime. What does that mean for the country? | Fortune
The U.S. Mint unveiled new designs for the country’s 250th anniversary and it left out one key detail: the olive…
Asia rolls out four-day weeks and work-from-home as emergency measures to solve a fuel crisis caused by Iran war | Fortune
Closed schools. Work-from-home demands. Price caps.Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices and…
Oracle blows investors away with 22% ‘hyper growth’ — but cash flow crunches to negative $24.7 billion | Fortune
Oracle called the third quarter of fiscal 2026 its best in 15 years with revenue up 22% to $17.2 billion…