Money

Google Cloud generative AI automates council planning operations thumbnail
The Business Economics

Google Cloud generative AI automates council planning operations

Government ministries are deploying Google Cloud generative AI across municipal agencies to automate council planning operations. Public sector administration handles vast volumes of...

Microsoft sells OpenAI models in China. OpenAI and Anthropic won’t. thumbnail
The Business Economics

Microsoft sells OpenAI models in China. OpenAI and Anthropic won’t.

Microsoft has quietly become the main supplier of OpenAI models in China, selling the technology to the country’s largest internet companies even as...

HSBC expands AI banking partnership with Google Cloud thumbnail
The Business Economics

HSBC expands AI banking partnership with Google Cloud

HSBC has entered a multi-year partnership with Google Cloud to develop and deploy artificial intelligence tools across its global operations. Announced at Google...

Current price of oil as of June 17, 2026 thumbnail
The Business Economics

Current price of oil as of June 17, 2026

At 9 a.m. Eastern Time today, the price of oil sits at $80.78 per barrel, using Brent as the benchmark (we’ll explain what...

Exclusive: A 21-year-old Stanford grad just raised $11 million to put a hormone lab on your wrist thumbnail
The Business Economics

Exclusive: A 21-year-old Stanford grad just raised $11 million to put a hormone lab on your wrist

Jenny Duan closed her seed round the same week she picked up her diploma. Duan, 21, graduated from Stanford University last weekend with...

Exclusive: Karta raises $15 million to bring WhatsApp-run U.S. credit cards to global travelers thumbnail
The Business Economics

Exclusive: Karta raises $15 million to bring WhatsApp-run U.S. credit cards to global travelers

When American Express began scaling back a niche credit card for non‑U.S. clients who keep money in American banks and brokerages, it left...

Michael Burry is ‘tempted’ to short Elon Musk’s SpaceX, but says it’s not enticing enough for ‘fundamentally a small space company’ thumbnail
The Business Economics

Michael Burry is ‘tempted’ to short Elon Musk’s SpaceX, but says it’s not enticing enough for ‘fundamentally a small space company’

Famed investor Michael Burry—of “The Big Short” fame—considered antagonizing the richest man on the planet over the IPO of his latest company. Burry...

CFO pay surged 8% last year—and long-term incentives now account for 63% of the average package thumbnail
The Business Economics

CFO pay surged 8% last year—and long-term incentives now account for 63% of the average package

Good morning. CFO pay is rising but not in the way you might expect. New data from Compensation Advisory Partners (CAP), exclusively shared...

SpaceX alum nabs $22M to turn rocket engines into geothermal power plants thumbnail
The Business Economics

SpaceX alum nabs $22M to turn rocket engines into geothermal power plants

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...

Canadian pension giant joins race to fund India’s AI-fueled data center boom thumbnail
The Business Economics

Canadian pension giant joins race to fund India’s AI-fueled data center boom

The Business Economic provides reliable, free, up-to-the-minute syndicated news to any media publication. The Business Economic is a network member of the Associated...