Business

Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link

In Hong Kong, Eric Trump Lauds Growing Influence of Crypto  The New York Times Eric Trump sees bitcoin hitting $1 million, praises China cryptocurrency role  Reuters Eric Trump Plans to Visit Japan in September for Crypto Push  Bloomberg.com China Bitcoin News: Eric Trump Praises China’s Role in Bitcoin, Says U.S. and Beijing Are ‘Leading the Way’  CoinDesk What is American Bitcoin, and why is …

Fed’s go-to inflation gauge creeps higher as trade war ramps up  Axios Core inflation rose to 2.9% in July, highest since February  CNBC Americans kept spending last month despite elevated inflation  CNN PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates  The New York Times US consumer spending strong; core inflation warmer on services  Reuters Source link

Others likely to follow Caterpillar’s tariff-cost warning as prices rise  MarketWatch Caterpillar Stock Drops as It Resizes Trump Tariffs Hit  Barron’s Caterpillar falls after raising annual tariff hit forecast  Reuters Caterpillar Warns Tariff Impact Bigger Than Previously Seen  Bloomberg.com Caterpillar Says Higher Tariff Costs May Reach $1.8 Billion  The Wall Street Journal Source link

Key Points The chip is specifically for inferencing rather than training but Alibaba will still use semiconductors from other vendors like Nvidia. Alibaba said it would invest at least 380 billion Chinese yuan ($53.1 billion) in AI over the next three years. Chinese technology firms have focused on developing homegrown chips over the last few years amid rising geopolitical tensions …

CVS and Walgreens restrict COVID vaccines in Colorado  Axios C.D.C. Uncertainty Upends Covid Vaccine Access at CVS and Walgreens  The New York Times States where you can get a COVID vaccine at CVS following RFK Jr. changes  Axios Where is CVS offering coronavirus vaccines? What to know about getting shots.  The Washington Post Pharmacies will require prescriptions for COVID shots in Colorado this year  KUSA.com …

Top Stock Movers Now: Caterpillar, Nvidia, Autodesk, and More  Investopedia Stocks making the biggest moves premarket: Alibaba, Ulta, Dell Technologies, Caterpillar and more  CNBC Alibaba, Marvell, Affirm, Nvidia, Dell, Autodesk, Ambarella, IREN, and More Movers  Barron’s Biggest stock movers Friday: MRVL, ADSK, DELL, BABA, and more  Seeking Alpha Stocks to Watch Recap: Dell, Alibaba, Caterpillar, Ulta  The Wall Street Journal Source link

In brief Eric Trump told the Bitcoin Asia conference that Bitcoin marks the first time finance has “no disparity” between socioeconomic classes. Trump also spoke of sovereign wealth funds, Fortune 500 companies, and nation states driving adoption. His remarks highlight a tension between Bitcoin’s populist narrative and elite accumulation, observers told Decrypt. Speaking at the Bitcoin Asia conference in Hong …

Meta says it’s changing the way it trains AI chatbots to prioritize teen safety, a spokesperson exclusively told TechCrunch, following an investigative report on the company’s lack of AI safeguards for minors. The company says it will now train chatbots to no longer engage with teenage users on self-harm, suicide, disordered eating, or potentially inappropriate romantic conversations. Meta says these …

WASHINGTON (AP) — The Transportation Department on Friday canceled $679 million in federal funding for a dozen offshore wind projects, the latest attack by the Trump administration on the reeling U.S. offshore wind industry. Funding for projects in 11 states was rescinded, including $435 million for a floating wind farm in Northern California and $47 million to boost an offshore …