UNCOVERED: 11 - The Untold Story

Crypto Investors Could Lose A Major Tax Break As Congress Revives An Old Fight

U.S. lawmakers are renewing efforts to eliminate a tax advantage that allows cryptocurrency investors to harvest losses while immediately buying back the same assets.

International Business Times · Jul 28

China's DUV Chip Tool Push Shakes Markets. ASML's Dominance Faces Scrutiny, But Major Hurdles Remain

China has reportedly begun producing homegrown immersion DUV lithography machines, marking another step in its drive for semiconductor self-sufficiency as technology restrictions reshape the global chip industry.

International Business Times · Jul 28

Congress Members Invested in SpaceX After Historic IPO. Critics Question Potential Conflicts

House financial disclosure filings showed that at least six members of the House of Representatives acquired SpaceX shares days after the company's public debut.

International Business Times · Jul 28

The Federal Reserve Is Expected To Keep Rates On Hold. Here's Why Borrowing Costs May Stay High

The Federal Reserve is widely expected to leave interest rates unchanged at its July policy meeting, a move that would keep borrowing costs elevated for millions of Americans even as inflation has shown signs of easing.

International Business Times · Jul 28

AI Is Making Many People Richer. Economists Want More Americans To Get A Cut

The discussion over what the public receives from AI gained fresh attention after Sen. Bernie Sanders of Vermont floated the idea that the public should own half of the AI industry.

International Business Times · Jul 28

Wildfires Are Out Of Control In France And Spain. Hundreds Of Thousands Are Fleeing

Wildfires in the south of France and Spain have forced the evacuation of hundreds of thousands of people.

International Business Times · Jul 27

A Wall Street Firm Just Turned Bullish On Ford And GM. It Believes Gains Could Be As High As 22%

Jefferies has upgraded both Ford Motor and General Motors to "buy," arguing that improving earnings trends and stronger operating performance have created more attractive opportunities for investors.

International Business Times · Jul 27

'I Wish I Was Rich Enough': Peter Schiff Mocks Elon Musk After Brutal $100 Billion Weekly Loss

Peter Schiff comments on Elon Musk's $100 billion wealth loss amid Tesla and SpaceX's market struggles, highlighting the volatility of tech wealth and investor sentiment.

International Business Times UK · Jul 27

Apple Is Making an Existential AI Bet—One Analyst Thinks It's Wrong

Apple Inc. (NASDAQ:AAPL) stock rose in Monday’s premarket trading as investor sentiment improved ahead of the opening bell. Nasdaq futures climbed 1.6%, while S&P 500 futures gained 0.97%.

Benzinga · Jul 27

Washington Wants To Limit Chinese AI Models. One Of Them Helped Contain OpenAI's Cyber Incident.

The debate in Washington over Chinese artificial intelligence models has largely centered on national security, intellectual property, and technological competition. This week, it gained an unexpected new data point.

International Business Times · Jul 25