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Karen Hao, author of new book AI Empire, says current AI development is concentrated in a few large tech firms; pursuit of breakthroughs risks data, energy, environmental and labor pressures and may widen economic inequality. She urges attention to t

2026-07-24

Karen Hao, author of new book AI Empire, says current AI development is concentrated in a few large tech firms; pursuit of breakthroughs risks data, energy, environmental and labor pressures and may widen economic inequality. She urges attention to the industry’s underlying power structures rather than focusing solely on technological progress.

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2026-07-24

Okasan Securities economist Ko Nakayama said yen weakness and a rebound in crude oil has increased cost pressures and left upside risks to Japan's inflation outlook high. He said current price gains reflect multiple drivers — rising oil and napatha p

Okasan Securities economist Ko Nakayama said yen weakness and a rebound in crude oil has increased cost pressures and left upside risks to Japan's inflation outlook high. He said current price gains reflect multiple drivers — rising oil and napatha prices, higher wages, a weaker yen and rising raw-material and logistics costs. Government data on Friday showed a modest rebound in June consumer inflation; BOJ policymakers have said oil-driven effects are likely to feed into consumer prices around summer.
2026-07-24

Tesla (TSLA.O) hit an intraday low, trading down more than 15%.

Tesla (TSLA.O) hit an intraday low, trading down more than 15%.
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