US President Donald Trump reiterated his threat to ban diesel exports in order to tame soaring domestic prices, though analysts warned such a move could have devastating consequences elsewhere. The US is the world’s biggest diesel producer and exporter, and Trump’s threat has put buyers on alert. A block could ...
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Oil prices rise as hope for a US-Iran truce fadesOil prices rise as hope for a US-Iran truce fades
Oil prices rose as Washington and Tehran seemed no closer to reaching a durable truce. US President Donald Trump rejected a peace proposal from Iran on Friday; he told Axios he believed talks would resume this week, though The Wall Street Journal reported that he told aides he expects to ...
US-Iran talks continue as tensions riseUS-Iran talks continue as tensions rise
The US and Iran signaled a willingness to continue negotiating this week, even as the two sides appeared no closer to closing the stark gap between them. US President Donald Trump said Saturday he rejected Iran’s proposal to reopen the Strait of Hormuz, yet told Axios he expects “more talks.” ...
Foreign investors buy into US equities at record rateForeign investors buy into US equities at record rate
Net purchases of US equities and investment fund shares by foreign investors reached a record $426 billion in the second quarter, as overseas capital piled into an AI boom that has shown few signs of slowing. Hundreds of billions of dollars have moved in and out of AI-exposed stocks, with ...
Foreign investors buy into US equities at record rateForeign investors buy into US equities at record rate
Net purchases of US equities and investment fund shares by foreign investors reached a record $426 billion in the second quarter, as overseas capital piled into an AI boom that has shown few signs of slowing. Hundreds of billions of dollars have moved in and out of AI-exposed stocks, with ...
Firms take lead on AI safety standards as security incidents mountFirms take lead on AI safety standards as security incidents mount
Progress in frontier AI development is far outpacing governments’ capabilities — and willingness — to police it. “There is a disconnect between the law and the reality of what is being regulated,” one former EU official said, pointing to the bloc’s 2024 AI Act; once touted as the first comprehensive ...
Firms take lead on AI safety standards as security incidents mountFirms take lead on AI safety standards as security incidents mount
Progress in frontier AI development is far outpacing governments’ capabilities — and willingness — to police it. “There is a disconnect between the law and the reality of what is being regulated,” one former EU official said, pointing to the bloc’s 2024 AI Act; once touted as the first comprehensive ...
Water brand Liquid Death will make others’ adsWater brand Liquid Death will make others’ ads
The water brand Liquid Death is one of the purest marketing stories of the moment: a billion-dollar company that sells the ultimate commodity through edgy comedy. CEO Mike Cessario told Liz and me on last week’s that his company’s in-house agency, Death Machine, has also taken on a “few select ...
Water brand Liquid Death will make others’ adsWater brand Liquid Death will make others’ ads
The water brand Liquid Death is one of the purest marketing stories of the moment: a billion-dollar company that sells the ultimate commodity through edgy comedy. CEO Mike Cessario told Liz and me on last week’s that his company’s in-house agency, Death Machine, has also taken on a “few select ...
Swiss vote down neutrality measuresSwiss vote down neutrality measures
Swiss voters on Sunday decisively rejected stricter neutrality rules that would have prevented the country from sanctioning Russia and curbed its cooperation with NATO, delivering a boost to the alliance’s efforts to counter Moscow. Publicly endorsed by the Kremlin, the far-right-backed constitutional proposal was expected to fail, but the 70-30% ...