The Office of the Comptroller of the Currency has conditionally approved a national trust bank charter for World Liberty Trust Co., an entity tied to the Trump family-backed crypto firm World Liberty Financial, drawing immediate criticism from Democratic lawmakers.
OpenAI CFO Sarah Friar told investors Friday that the company's enterprise business now generates more revenue than its consumer ChatGPT products, with the annualized revenue run rate reaching $40 billion — ahead of the company's own internal forecasts.
Data compromises in the U.S. reached 1,803 in the first half of 2026, already surpassing last year's full-year total, as AI-enabled attacks climbed 56% and malicious insider incidents hit an all-time high, according to the Identity Theft Resource Center.
OpenAI revenue chief Denise Dresser and operating chief Brad Lightcap have both departed within days of each other, amplifying investor concerns about C-suite stability as the company pursues an IPO at an $852 billion valuation.
President Trump signed an order imposing tariffs of up to 100% on foreign-made drones and components, citing national security. Shares of Unusual Machines, Red Cat, Aerovironment, and Kratos all climbed on the news.
The price gap between U.S. COMEX copper futures and London Metal Exchange prices has become a real-time market gauge of Section 232 tariff risk, with Societe Generale estimating a 37% probability of a 30% duty on refined copper by January 2028.
Tata Sons Chairman N. Chandrasekaran has declined reappointment after a six-month delay, triggering a leadership search at the conglomerate and raising questions about the future of its $11 billion semiconductor plant, iPhone assembly operations, and Air India turnaround.
The Office of the Comptroller of the Currency has conditionally approved a national trust bank charter for World Liberty Trust Co., an entity tied to the Trump family-backed crypto firm World Liberty Financial, drawing immediate criticism from Democratic lawmakers.
OpenAI revenue chief Denise Dresser and operating chief Brad Lightcap have both departed within days of each other, amplifying investor concerns about C-suite stability as the company pursues an IPO at an $852 billion valuation.
The price gap between U.S. COMEX copper futures and London Metal Exchange prices has become a real-time market gauge of Section 232 tariff risk, with Societe Generale estimating a 37% probability of a 30% duty on refined copper by January 2028.
OpenAI CFO Sarah Friar told investors Friday that the company's enterprise business now generates more revenue than its consumer ChatGPT products, with the annualized revenue run rate reaching $40 billion — ahead of the company's own internal forecasts.
Apple CEO Tim Cook and Secretary of Commerce Howard Lutnick opened a new Houston manufacturing facility Thursday that will produce Mac Mini computers and AI servers, underscoring the company's ongoing push to expand its U.S. production presence.
Meta and Nvidia each released open-weight AI models this week, joining a broader U.S. industry push to compete with Chinese laboratories as the debate over open-source AI regulation intensifies in Washington.
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.