DeepSeek AI’s $6M Claim: Innovation or a Strategic Illusion?
DeepSeek AI’s claim of developing a cutting-edge AI model for just $6 million is misleading and calculated. China has a long history of presenting...
67 Killed in Midair Collision Near Washington D.C.
A midair collision between an Army helicopter and an American Airlines flight from Kansas killed all 67 people aboard, officials said Thursday, marking the...
JPMorgan’s Yoder Calls AI Sell-Off ‘Healthy’ for Markets
JPMorgan Private Bank US Equity Strategist Abby Yoder shared her insights on market reactions following Monday’s sharp sell-off, driven by the release of DeepSeek’s...
DeepSeek AI Frenzy Shakes Markets and Fuels U.S.-China Rivalry
The rise of DeepSeek, a Chinese AI startup, has disrupted global stock markets and reignited debates over U.S.-China technological competition. The company’s AI assistant...
China’s Industrial Profits Drop as Commodities Struggle
China’s industrial profits fell 3.3% in 2024, with oil refiners, steelmakers, and coal miners among the worst-performing sectors. Overcapacity and slowing economic growth have...
Brazil Inflation Slows Less Than Expected, Rate Hike Likely
Brazil-Inflation-Slows-Less-Than-Expected-Rate-Hike-Likely
Brazil's annual inflation rate slowed in early January but remained higher than expected, reinforcing the likelihood of another 100 basis point interest rate hike...