Finance/Economy/Business

AI politics breaks into a New York congressional race — and signals more fights to come | Fortune

Welcome to Eye on AI, with AI reporter Sharon Goldman in for Jeremy Kahn, who is traveling. In this edition…AI politics in a New...

Jeff Bezos is putting $6.2 billion—and himself as co-CEO—behind a new AI startup. Bubble? That’s no trouble | Fortune

AI bubble talk continues to fizz, but Amazon founder Jeff Bezos—one of the world’s richest people—doesn’t seem bothered by the mounting foam.As the New...

Nayib Bukele Goes ‘Hooah’ As El Salvador Buys $98 Million Worth Of Bitcoin In A Day Amid Crypto Meltdown

El Salvador took advantage of the ongoing market correction, scooping up over 1000 Bitcoin (CRYPTO: BTC) in the last week for its reserves.El Salvador...

Trump promises to send $2,000 tariff dividend checks ‘probably the middle of next year, a little bit later than that’ | Fortune

President Donald Trump promised on Monday that his administration will begin issuing $2,000 “tariff dividend” checks to Americans around the middle of 2026, the...

Rural America’s farm economy is struggling with its own K shape, as government payouts rocket to crisis levels | Fortune

The letter K has become popular lately when describing a U.S. economy where the wealthiest Americans are thriving while everyone else is struggling to...

Top Economist Warns White-Collar Workers Are Facing Their ‘Detroit Auto Worker’ Moment As AI Begins Replacing Cognitive Jobs – Chegg (NYSE:CHGG), Amazon.com (NASDAQ:AMZN)

Economist Justin Wolfers has issued a stark warning that white-collar professionals are now facing their “Detroit auto worker” moment due to the rise of...

Visa leans into AI-enabled payments and stablecoins to stay ahead of the game, says Asia-Pacific president Stephen Karpin | Fortune

Societies are shifting away from cash, and embracing new ways to make payments and transfer money. In Asia, many have turned to e-wallets, QR...

Bessent says Trump’s $2,000 checks would need congressional vote | Fortune

Treasury Secretary Scott Bessent said President Donald Trump’s proposal to send $2,000 “dividend” payments from tariffs to US citizens would require congressional approval.   “We...

China has only bought 332,000 tons of U.S. soybeans since Trump made a deal with Xi Jinping that promised 12 million by year’s end...

New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the...

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