What’s Happening in the Philippines, Local News and Philippine People
Anthropic has leveled accusations against three well-known Chinese artificial intelligence firms, claiming they extensively used its Claude chatbot to secretly train competing models—a surprising twist in a years-long global discussion about where fraud ends and standard industry practices begin. In
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The S&P 500 has gained 14% in the last year, while the Magnificent 7 has risen nearly 17%. Optimism is running rampant, with massive amounts of capital flowing into artificial intelligence—a sector that most of Wall Street believes will revolutionize
MoreThe secondary market is an elephantine black box. This market is enormous, growing rapidly—and here’s the catch—we have no idea how large it truly is. The secondary market has boomed in recent years, fueled by a straightforward issue: companies are
MoreYesterday, the S&P 500 dropped by 1.04% as the VIX “fear index” for volatility soared by 10%. However, this morning, futures were up 0.16%, indicating that traders might be taking a temporary break from the panic selling that has dominated
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It’s well-known that Gen Z is facing challenges. Millions are anxious about their future, and they’re hearing that AI could derail their shot at building a career. But few people understand the feeling of having the odds stacked against you
MoreYou might want to hold onto that scratched, stained, and heavily used 12-year-old cutting board for now! That vintage fermentation lab covered in knife marks may not be as dangerous as previously thought. For years, scientists have cautioned that microplastics
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Bill Deng, CEO of China-based fintech platform XTransfer, believes stablecoins can finally digitize business-to-business transactions, which are often still reliant on PDFs and emails. A significant portion of cross-border trade operates around the clock, with ports, airports, and fulfillment centers
MoreMonitoring a romantic partner helped lead Mexican armed forces to Nemesio Oseguera Cervantes—known as “El Mencho”—who was captured and killed Sunday, Mexican authorities stated Monday. Mexican Defense Secretary Gen. Ricardo Trevilla noted that Sunday’s Mexican special forces operation—incorporating U.S. intelligence—concluded
MorePresident Donald Trump’s proposal to increase defense expenditures by 50% to $1.5 trillion is reportedly facing opposition, driven by concerns it would add to the United States’ $38.5 trillion national debt. According to sources, White House budget director Russell Vought
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Federal Reserve governor Christopher Waller stated Monday that a potential decline in job growth for January could lead the central bank to forgo an interest rate cut at its upcoming March meeting. Such a decision would likely be welcomed by
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Recent policy adjustments and economic changes have reduced the projected lifespan of the trust fund that finances Medicare Part A by 12 years, according to a report from the Congressional Budget Office (CBO). The Hospital Insurance (HI) Trust Fund is
MoreAI infrastructure spending currently makes up a notable portion of U.S. GDP growth, and U.S. corporate capital expenditure (capex) would be in negative territory without such spending, per a recent research note from Pantheon Macroeconomics. “We’re seeing massive amounts of
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The annual Ethereum Denver event returned last week, with a group of crypto enthusiasts gathering at the rodeo grounds in Colorado’s largest city to dive deep into the world’s second-most popular blockchain. Unlike the loud, revival-like atmosphere of Bitcoin gatherings,
Moreseems set to claim the , surpassing for the first time in over a decade. This marks a symbolic shift in leadership within corporate America, as noted by my colleague Phil Wahba in this . For years, the competition between
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Good morning. The Supreme Court’s decision regarding President Trump’s tariff powers not only redefined the limits of executive authority but also potentially altered the business landscape for finance leaders and manufacturers dealing with ongoing trade policy uncertainty. In on Friday,
MoreIn today’s CEO Daily: Diane Brady outlines what lies ahead for CEOs following the Supreme Court’s decision to strike down Trump’s tariffs. The big leadership story: Trump’s immigration crackdown poses risks of labor shortages in key industries. The markets: Declines
More“I inherited a mess,” President Trump told a crowd of supporters in Georgia last Thursday, referring to the U.S. economy. The Democrats “caused the affordability problem, and we’ve fixed it!” he bragged. Two days earlier on Business, he had made
MoreDBS, Southeast Asia’s largest bank, and Granite Asia—an investment fund focused on Asia—are rolling out a unique “one-of-a-kind” partnership to support emerging startups, supported by a new $110 million AI-focused IPO fund available only to DBS’s high-net-worth clients. The three-year
MoreDonald Trump has called on Netflix to remove board member Susan Rice or “face consequences,” following her remarks that Democrats would take action against corporations that “kowtow” to the president. Rice, who served as former President Barack Obama’s national security
MoreAdministration officials have stated they will await instructions from lower courts regarding refunds for President Donald Trump’s global tariffs, as the Supreme Court’s decision to strike them down did not provide specific guidance on the matter. During an interview on
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