TradeBriefs International Newsletter

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America's hottest new investment: Rare-earth companies - WSJ

The U.S. government and private financiers are pouring money into critical minerals, believing China won't ever be a reliable supplier again.

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Where to Invest $10,000 Right Now, According to 6 Wall Street Pros - BI

Six Wall Street pros shared where they would invest, from gold to European stocks.

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'People thought I was a communist doing this as a non-profit': is Wikipedia's Jimmy Wales the last decent tech baron?

In an online landscape characterised by doom and division, the people's encyclopedia stands out - a huge collective endeavour giving everyone free access to the sum of human knowledge. But with Elon Musk branding it 'Wokipedia' and AI looming large, can it survive?

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Opinion | How Bad Is Finance's Cockroach Problem? We May Be About to Find Out.

It starts with bad auto loans. It spirals out quickly.

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6 ways the shutdown is about to get worse
Programs ranging from Head Start to SNAP face new strain Nov. 1.

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'The sound completely changes': To electrify boats, make them fly

Born from a desire to make boats go faster, today the hydrofoil is being revived as a cleaner form of water transport by helping boats rise above the waves.

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Real Estate Is Entering Its AI Slop Era

Fake video walk-throughs, a magically expanding loft, and stair hallucinations are just some of the new AI-generated features house hunters are coming across.

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Rapid early spread of bird flu in Europe raises fears of fresh crisis
Bird flu is spreading rapidly in Europe, with the highest number of countries in at least a decade reporting early outbreaks, raising concerns about a repeat of past crises that led to the culling of tens of million birds and higher food prices.

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Francis Ford Coppola, Who Says He's 'Broke,' Is Selling a $1 Million Watch

The famed director will put some pieces from his personal collection up for auction later this year.

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List: Billionaires Spending Big to Stop Mamdani - Business Insider

Mamdani has said he thinks billionaires shouldn't exist and proposed raising taxes by 2% for those earning over $1 million.

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Half of uncontacted tribes could be wiped out in 10 years, report says

Loggers were killed after entering Mashco Piro territory in Peru's Amazon, with Indigenous leaders warning that such clashes are inevitable when frontier zones go unpoliced.

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Israel reported to know location of 9 out of 13 deceased hostages still held in Gaza | The Times of Israel

Amid stalled handover of bodies, top Hamas negotiator suggests that, despite terms of US-brokered deal, the terror group won't give up its weapons

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Trump dangles prospect of Mar-a-Lago visit for Xi

U.S. president hints at reciprocal summits with Chinese leader next year as trade talks are revived.

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Family-friendly Finland has lowest birth rate out of Nordic nations : NPR
Famous for baby boxes and expansive pro-family policies, Finland continues to see one of the lowest birth rates in Europe, as a case study in how policy solutions may not address the population shift.

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Hurricane Melissa strengthens to category 5 and heads for Jamaica amid warning 'many communities will not survive flooding' - live

Jamaicans urged to seek shelter immediately, and Cuba, Haiti and Dominican Republic also threatened

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How the shutdown threatens to halt Trump's aggressive nuclear security goals | CNN Politics

The National Nuclear Security Administration urgently asked the White House for funds to prevent the agency from having to furlough its staff, sources told CNN.

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Shiitake mycelium is being repurposed into memristors with pleasing dehydration and radiation resistance.

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Why open source may not survive the rise of generative AI
Generative AI may be eroding the foundation of open source software. Provenance, licensing, and reciprocity are breaking down.

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Microsoft's not very open about OpenAI.

It's tough getting details about one of the tech world's most complicated relationships, even for investors.Microsoft's latest annual report simply folds losses from its multi-billion dollar stake in OpenAI into a $4.7 billion expense line called "other, net," according to The Wall Street Journal. Other important details are equally vague.

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Why do we yawn? It's almost certainly not for the reason you think

Given that we've literally grown up with them, we often know surprisingly little about how our bodies work. This new series aims to fill the gaps

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Founder of $100 million company says she quit her day job to rebuild her father's Cape Cod chip empire-and there 'wasn't time' to worry about nepotism | Fortune
Serial entrepreneur Nicole Bernard Dawes scaled her own multimillion-dollar brands, Late July and Nixie, after getting Cape Cod chips back on track: "I'm not my father. That was his dream and his company."

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The AI startup fueling ChatGPT's expertise is now valued at $10 billion - WSJ

Mercor manages contractors around the world who help chatbots learn to think and speak like humans.

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How the Mayans were able to accurately predict solar eclipses for centuries

The Maya Civilization, from Central America, was one of the most advanced ancient civilizations, known for its significant achievements in astronomy and mathematics. This includes accurate calendars and detailed celestial records, but scientists don't fully understand all the details of their calculations. However, new research is shedding light on how they predicted future eclipses with remarkable accuracy.

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H-1b visa: Rural and underserved hospitals hit hard by $100,000 fee | CNN Business

The Trump administration's $100,000 fee on every new H-1B visa holder was meant to encourage companies to start hiring American workers and stop driving down American wages. But it poses a threat to hospitals in rural and underserved areas.

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Sequoia unveils $950M in new early-stage funds as it strives to be 'only as good as our next investment'

The legendary firm launched a $750 million early-stage fund targeting Series A startups and a $200 million seed fund.

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How to Build an AI Startup: Go Big, Be Strange, Embrace Probable Doom

Thousands of entrepreneurs are trying to rebuild the economy around AI. I set out to see how they're actually doing it.

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Ray Dalio says the US economy can no longer be looked at 'as a whole' | Fortune
"I think the issue is very much that you can't look at the U.S. as a whole nowadays," the Bridgewater Associates founder said at the Fortune Global Forum in Riyadh on Monday.

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AFGE, Top Federal Workers' Union, Sides With Republicans on Shutdown

The American Federation of Government Employees, in a shift, called on Congress to immediately reopen the government without the health care measures sought by Democratic lawmakers.

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ICE Detains British Media Commentator Sami Hamdi

Sami Hamdi, who often speaks against Israel, was in the United States on a speaking tour. The Department of Homeland Security said his visa had been revoked.

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Ray Dalio sees vast American underclass dependent on top 1%

The billionaire hedge fund manager says that U.S. economic strength now rests on high-productivity workers, with the bottom 60% “unproductive”

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Alan Turing AI boss denies toxic culture accusations

"I think the other thing that's become very clear when you look at some of the theatres of conflict around the world is that data and technology is to play an increasingly critical role in whatever form of hostilities happen.

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City trader sues UBS for $400m after rate-rigging conviction quashed

In the US the conduct for which Mr Hayes was originally jailed in the UK is no longer regarded as a crime after an appeal court decided the conduct of which they were accused did not break any rules nor laws.

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Trapped Between U.S. and China, South Korea Feels Trade War's Pressure

A preliminary tariff deal with President Trump called for a large investment in the United States, while China has warned Seoul not to side with Washington.

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Milei's Win in Argentina Signals Rebuke of the Past and Trump's Impact

President Javier Milei emerged from the election with an even tighter bond with the United States and a bigger mandate to pass transformative economic plans.

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Exxon sues California over climate laws, alleging free speech violations

The US Securities and Exchange Commission had also been working to implement new federal climate disclosure rules, and was nearing completion toward the end of Joe Biden’s term in the White House. Those rules also faced legal challenges; in March, the agency voted to end its legal defense of the rules.

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Leader of top federal worker union calls for end of US government shutdown

“A strong America requires a functioning government – one that pays its bills, honors its commitments, and treats its workforce with respect by paying them on time,” Kelley wrote. “The government belongs to all of us. Let’s open it back up and keep America moving forward.”

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Ex-BBC editor stopped from flying due to Parkinson's felt 'humilated'

"Parkinson's is the fastest-growing neurological condition on the planet. If you think that means we shouldn't be allowed on planes, you've got a problem - and it's not neurological," he wrote in his Facebook post.

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Google's Quantum Computer Makes a Big Technical Leap

Designed to accelerate advances in medicine and other fields, the tech giant’s quantum algorithm runs 13,000 times as fast as software written for a traditional supercomputer.

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White House Withdraws Nominee for Top State Department Job

Joel Rayburn had been questioned over ties to a former Trump administration official who admitted to defying the president’s push to withdraw troops from Syria during his first term.

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Jack Smith Asks Justice Dept. for Guidance on Testifying to Congress

Republicans have accused some people who worked for Mr. Smith, the former special counsel who investigated President Trump, of hiding behind grand jury secrecy rules.

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It's Unconstitutional, but Trump Keeps Musing About a 3rd Term

A president who has chafed at the limits on his power sees political benefit in talking about remaining in office.

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The Harvard Salient Invoked Hitler. Now It Has Been Suspended.

The Harvard Salient, a conservative outlet, used a phrase that was similar to a speech given by Hitler. Its independent board paused its operations over material it called “reprehensible, abusive and demeaning.”

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Police Investigate Possible Arson at Home of Portland City Councilor

The police said a fire that damaged cars and a carport at the home of City Councilor Candace Avalos was “suspicious in nature.” No arrests have been made.

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Trump Asks Supreme Court to Let Him Fire the Top Copyright Official

An appeals court sided with the director of the U.S. Copyright Office, saying her role is to work with Congress.

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New College of Florida, a Conservative xxxxxx, Will Sign Trump's 'Compact'

The school, once a progressive college, was remade by Gov. Ron DeSantis’s administration. Now, it is the first school to agree to the Trump administration’s list of demands.

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Trump's China Deal May Avert a Crisis of His Own Making

The Trump administration is hailing a potential deal that may return the U.S.-China relationship to where it was before the president began a trade war against Beijing.

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Trump Gives Mexico More Time to Change Trade Policies and Avoid Tariffs

Taxes on goods from Mexico had been set to go into effect at the end of the week.

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A West Texas Children's Clinic Where Vaccine Suspicion Is Encouraged

Parents who come to Pia Habersang’s practice in Amarillo shun vaccinations, with the encouragement of the clinic’s registered nurse; the health secretary, Robert F. Kennedy Jr.; and President Trump.

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Virginia Democrats to Begin Redistricting Votes in Latest Battle for Congress

The General Assembly voted to consider an amendment allowing redistricting. It was the first of several steps before Democrats could start drawing new congressional districts.

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Trump Says a Recent M.R.I. Scan Was 'Perfect,' and He'd 'Love' a Third Term

President Trump made the comments on the second day of his trip to Asia. The Constitution limits presidents to two terms, but Mr. Trump has suggested he might try to circumvent it.

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