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How much longer can China afford cheap AI?
There are now nearly 1,000 large-language models on offer in China.
Sep 03, 2026 · StaffOriginally on Wedgetail
Powerful Brazil Judge Faces Reckoning Over Ties to $10 Billion Bank Scandal
A dispute between the two most powerful justices on Brazil’s Supreme Court erupted into an all-out fight late Thursday, plunging the body into an inst...
Sep 03, 2026 · StaffOriginally on Wedgetail
Anthropic Finalizing $15 Billion Pre-IPO Credit Facility
Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing ...
Sep 03, 2026 · StaffOriginally on Wedgetail
The U.S. Corporate Tax Base That Now Resides in Ireland
America’s largest companies often pay more tax in Dublin than they do in D.C.
Sep 03, 2026 · StaffOriginally on Wedgetail
US Fed Governor Waller floats September rate hold
Markets rallied and global bond yields dipped Thursday after a US Federal Reserve governor advocated holding interest rates steady if inflation contin...
Sep 03, 2026 · StaffOriginally on Wedgetail
China announces $1T push to become 'sports powerhouse'
Beijing is betting that more outdoor sporting events can stimulate sluggish domestic consumption.
Sep 03, 2026 · StaffOriginally on Wedgetail
Iran says oil industry circumventing US blockade
Iran says oil industry circumventing US blockade Iran’s oil industry continues to find ways around a US military blockade of the country’s ports and v...
Sep 03, 2026 · StaffOriginally on Wedgetail
US Stocks and Treasuries Steady Before Jobs Data: Markets Wrap
US stocks and Treasuries held steady as traders waited to see whether Friday’s payrolls report will offer the Federal Reserve enough justification to ...
Sep 03, 2026 · StaffOriginally on Wedgetail
Latest Oil Market News and Analysis for Sept. 4
Oil headed for its biggest weekly gain since July as renewed US-Iran hostilities heightened concerns about prolonged disruptions to energy flows throu...
Sep 03, 2026 · StaffOriginally on Wedgetail
Nvidia to buy Hugging Face for $12.93 billion in major AI expansion
Nvidia said Thursday it will buy AI developer platform Hugging Face for $12.93 billion, its latest major investment to expand its influence in open-so...
Sep 03, 2026 · StaffOriginally on Wedgetail
Uber ceases operations in Nigeria, catching drivers and riders by surprise
The abrupt announcement, amid operating challenges and high oil prices, leaves the ride-hailing app with a diminished presence in Africa.
Sep 03, 2026 · StaffOriginally on Wedgetail
Copper at Risk of Rare Supply Decline as Mine Setbacks Mount
Copper has been on a record-breaking tear in the past year, driven largely by tariff-related trade flows. Bullish investors are betting that flatlinin...
Sep 03, 2026 · StaffOriginally on Wedgetail