Morgan Stanley says salt is the new oil. Here’s why and how to play it
Salt can become as sought-out as oil amid a boom in demand for sodium-ion batteries, according to the firm.
Debt, AI boom and economic fragilities raise global risks, BIS says
The central bank umbrella group’s Annual Economic Report warned of a complex mix of vulnerabilities.
Google limits Meta’s use of its Gemini AI models, FT reports
Meta had sought more computing capacity than Google could provide, the Financial Times reports.
U.S., Iran pause hostilities as Hormuz shipping resumes after weekend clashes
The U.S. and Iran agreed to pause hostilities and allow commercial vessels to move freely through the Strait of Hormuz, easing fears of a prolonged disruption to global oil supplies after a weekend of military exchanges.
U.S. military attacks Iranian targets after commercial tanker hit in the Strait of Hormuz
The attacks come as the United States and Iran are supposed to be engaging in a 60-day ceasefire as they attempt to work toward a resolution.
Why investors may want to prioritize bond markets outside the U.S.
Allspring Global Investments is pushing clients toward countries with central banks that are raising interest rates or have different inflation dynamics.
American couple left New York City and bought a house in Italy for $13,000: ‘We found a different way of life’
Cassandra Tresl and Alex Ninman moved in with Tresl’s grandfather in the Czech Republic in 2020 and closed on a house in Abruzzo, Italy, in 2022.
SpaceX stock has cooled. Hiring for jobs in the space economy hasn’t
The SpaceX IPO euphoria is over, but the bullish trend in space economy jobs remains in place within a labor market where many other sectors have slowed hiring.
Australia toughens kids’ social media ban, doubles potential penalties for tech firms
eSafety is actively investigating possible non-compliance by five platforms: Meta’s Instagram and Facebook, Google’s YouTube, Snap’s Snapchat, and TikTok.
These stocks are the most oversold after a turbulent week for the market
Intercontinental Exchange and CME were among the most oversold stocks this week amid ongoing concerns over a regulatory spat concerning perpetual futures.
