Governments and traders spent Monday assessing the energy fallout from the expanding war involving Iran, as disruption around the Strait of Hormuz renewed fears over one of the world’s most important oil corridors. Since the conflict began on Feb. 28, tanker traffic through the strait has largely stalled, raising concern that a prolonged interruption could restrict supply well beyond the…
President Donald Trump has intensified his clash with the Federal Reserve by allowing a Justice Department investigation to target the central bank and by having it served with subpoenas that raise the prospect of a criminal case, according to the dispute described by the Fed and the administration. The stated trigger is Federal Reserve Chair Jerome Powell’s June testimony to…
Canadian Prime Minister Mark Carney is traveling to China this week, a high-level visit aimed at stabilizing a relationship that has been strained for years and expanding Canada’s commercial options beyond the United States. It is being billed as the first trip by a Canadian leader to China in nearly a decade. Carney is expected to arrive on Wednesday, remain…
Restrictions on Image Generation for Non‑Paying Users Elon Musk’s artificial intelligence chatbot Grok, integrated into the social media platform X (formerly Twitter), has begun limiting its image generation and editing capabilities to paid subscribers following widespread criticism over its misuse. The restrictions, announced by X, mean that non‑paying users attempting to generate or alter images now receive a message indicating…
A comprehensive report released by Microsoft on Thursday, January 8, 2026, reveals a significant shift in the global landscape of artificial intelligence. Researchers from the AI for Good Lab indicate that while generative artificial intelligence tools reached a global adoption rate of 16.3% in the final quarter of 2025, the gap between advanced and emerging economies continues to widen. This…
Warner Bros. Discovery said Wednesday that it has again rejected a hostile takeover proposal from Paramount and is urging shareholders to back a rival agreement with Netflix to purchase Warner’s studio and streaming assets. Warner said its board views Paramount’s proposal as effectively a leveraged buyout, warning that the offer would rely on substantial debt and includes operating restrictions that…
Shares of major U.S. energy companies rose Monday after President Donald Trump said the United States plans to take control of Venezuela’s oil industry and rely on American companies to help restore production following the capture of President Nicolás Maduro. The market response lifted a broad range of oil-linked stocks, with investors focusing on whether policy could eventually open access…
