It wasn’t long ago that pundits predicted OpenAI’s advertising business could eventually overshadow those of Meta and Google. The company was similarly upbeat. But a new report on the early numbers suggests that optimism may be misplaced. The study, from Emarketer, estimates that OpenAI’s U.S. ad revenue will fall 90% short of its five-year target. […]
After a somewhat disappointing 2025, international stocks are renewing their bullish ways this year. Using one exchange-traded fund (ETF), the Vanguard Total International Stock ETF, as a measuring stick, non-U.S. equities are outpacing domestic rivals again this year. As of July 17, that Vanguard ETF is up 12% year to date, a slight advantage over […]
Earlier this month, JPMorgan Chase CEO Jamie Dimon pointed to shipbuilding as an example of the modern American Dream: a career where workers can earn six-figure salaries after just a few years of training while helping rebuild a critical piece of U.S. infrastructure. And while on paper, it’s an attractive proposition—in practice, it might be […]
Crypto has spent more than a decade on the edge of mainstream investing, cast either as a technological revolution or a speculative distraction. According to a new T. Rowe Price research report titled “Crypto edges into the mainstream,” that debate has shifted. Key Takeaways: T. Rowe Price research favors sizing diverse crypto exposure deliberately over […]
Burger King is getting ready for a future where people still want fast food, just less food. “This GLP-1 movement is going to have a profound impact on the industry,” said Tom Curtis, Burger King’s president of U.S. and Canada, in an interview with NBC News. The chain is already testing items like Whopper Bites […]
Pres. Trump and Canada PM Carney are facing off once again on trade. Carney said the Trump administration’s newly announced tariffs violate the spirit of the USMCA, but noted that he and President Trump spoke today and agreed to intensify trade negotiations over the coming weeks in an effort to reach a resolution before the […]
As Prime Minister Mark Carney warns of rising consumer costs on both sides of the border, Canadian leaders signal an aggressive standoff over Section 338 import taxes.
21 July 2026 Mr Kisselevsky to take up role on 1 November 2026 The Executive Board of the European Central Bank (ECB) has appointed Boris Kisselevsky, currently Head of the ECB Representative Office in the House of the Euro in Brussels, as Director General Secretariat. Mr Kisselevsky will take up his new role on 1 […]
Microsoft and Mistral have expanded their partnership to offer organizations across Europe and other regulated markets access to frontier artificial intelligence together with the ability to retain control over their data, operations and critical workloads. The partnership brings Mistral’s AI models across Microsoft’s AI platform, with Mistral Medium 3.5 and OCR 4now available in Microsoft […]
“Some of the negative headlines about defaults have dissipated, and we’ve seen new origination spreads move higher along with the base rate as markets start to expect interest rate hikes in the United States,” Sabourin says. “So now we see some positive trends, but nonetheless the public BDCs are feeling the heat from private BDCs. […]