SoftBank records $46 billion Vision Fund gain as OpenAI valuation climbs

SoftBank Group is becoming increasingly tied to the fortunes of OpenAI after the AI startup drove a $46 billion annual gain at the company’s Vision Fund business. The Tokyo-based investment conglomerate reported... Read more »

Trump to discuss US arms sales to Taiwan with Xi Jinping this week, raising crypto supply chain concerns

President Donald Trump is set to raise the thorny issue of US arms sales to Taiwan during a meeting with Chinese President Xi Jinping this week. Taiwan is home to TSMC, the... Read more »

Goldman Sachs, Bank of America delay Fed cut forecasts after jobs data

The two words crypto investors least want to hear right now: “higher” and “longer.” Goldman Sachs and Bank of America have both pushed back their timelines for Federal Reserve interest rate cuts,... Read more »

Donald Trump visits China for high-stakes talks with Xi Jinping

Donald Trump is scheduled to arrive in Beijing on Wednesday for a two-day state visit, the first by a sitting US president in eight years. The trip comes at a moment when... Read more »

Goldman Sachs delays Fed rate cut outlook to December 2026 amid inflation pressures

Goldman Sachs has pushed back its forecast for the first Federal Reserve rate cut to December 2026, with a follow-up reduction expected in March 2027. The culprit is a familiar one: inflation... Read more »

Pakistan forwards Iran’s response to US war proposal as diplomatic channel heats up

Pakistan has officially relayed Iran’s response to a US proposal aimed at ending hostilities between Washington and Tehran, cementing Islamabad’s role as the critical go-between in one of the most consequential diplomatic... Read more »

Investors seek signs of easing US-China tensions ahead of Trump-Xi talks

The world’s two largest economies are heading into another high-stakes summit, and investors are scanning the horizon for anything resembling good news. President Donald Trump and Chinese President Xi Jinping are set... Read more »

ARK Invest’s Cathie Wood forecasts lower inflation, rallying dollar driven by AI deflation

While most of Wall Street spends its time worrying about stagflation, Cathie Wood is reading a completely different script. The ARK Invest CEO has been making the case that US inflation is... Read more »

US adds 115K jobs in April, unemployment rate holds at 4.3%

The US economy added 115,000 nonfarm payrolls in April, nearly doubling the consensus forecast of roughly 65,000 jobs. The unemployment rate held steady at 4.3%, exactly where economists expected it. Healthcare led... Read more »

Deutsche Bank lifts Strategy stake to 785,000 shares despite value drop

Deutsche Bank AG, one of the world’s largest financial institutions, bought more Strategy Inc. stock (MSTR) during the first quarter of 2026. Those extra shares actually left the bank holding less money... Read more »