2026-03-02 05:00:05
Anthropic PBC’s latest complaint against three Chinese labs is a warning sign for Silicon Valley: Don’t expect to earn too much from the competitive edge your model gives you. Companies from the developing world will line up to swim across your moat, if they can — and neither the US government nor your lawyers will be able to help you. As the music industry and Big Pharma could tell them, nobody will eliminate your rivals, you have to accommodate them.
2026-03-02 04:00:05
The US is now the biggest overseas buyer of South Korean skincare and cosmetics, overtaking China. From snail-mucin serums to moisturizers derived from salmon sperm, America’s Gen Z can’t get enough of viral TikTok must-haves.
2026-03-02 03:00:05
Last May, the Taiwan dollar led historic rallies in Asia amid speculation that President Donald Trump would ask exporting nations to lift the value of their currencies as part of trade deals with the US.
2026-03-01 21:20:18
One can look at oil and the Middle East through two lenses. Magnify every detail from the attacks on Iran and its responses and a chaotic picture emerges. When the market reopens on Sunday night, oil prices are likely to jump 10%-15% as a result. But seen from a wider angle — looking broadly at the global economy — the energy picture does not appear as scary, even if Brent crude does jump to, say, $80-plus a barrel.
2026-03-01 21:20:04
President Donald Trump begins his conflict with Iran on a narrow ledge in public opinion. So long as the mission’s costs to America remain small, he’s unlikely to face insurmountable political pressure to end it. But he starts the war extraordinarily vulnerable to backlash if things go wrong.
2026-03-01 21:00:15
Are Alphabet, Amazon, Meta and Microsoft overplaying their hand, or will their capital expenditures pay off?
