Africa’s artificial intelligence ambitions are running into a structural ceiling. The International Monetary Fund has assessed that the continent’s ability to capture meaningful economic gains from AI depends almost entirely …
Freddy Miller
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Brent Just Hit $100. The Houthis Attacked Saudi Tankers. The Red Sea and the Strait of Hormuz Are Both Shut Now
Brent crude crossed $100 per barrel in early Thursday trading after Iran-backed Houthi forces in Yemen claimed responsibility for striking two Saudi oil tankers – identified as the Encelia and …
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187,000. The Lowest Jobless Claims Number of the Year. The June Payroll Disaster Is Starting to Look Like an Outlier
The Labor Department reported on Thursday that initial unemployment claims for the week ending July 18 fell to a seasonally adjusted 187,000 – a decline of 22,000 from the prior …
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Substack Just Added an AI Detector. Its CEO Named the Problem ‘Claudefishing.’ Writers Are Furious
Substack launched an AI content detection feature on July 21, powered by Pangram, that allows readers to scan any post, note, reply, or comment published on or after that date …
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Alphabet’s Cloud Business Just Grew 82%. Its Stock Fell After Hours Anyway. The Capex Number Is Why.
Alphabet reported second-quarter 2026 revenue of $119.8 billion on Wednesday, a 24% year-on-year increase that beat analyst consensus estimates of $116.93 billion, with Google Cloud delivering $24.8 billion in quarterly …
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The White House Says Kimi K3 Was Built on Stolen Anthropic Code. The AI Community Isn’t Sure the Math Works Out
Michael Kratsios, director of the White House Office of Science and Technology Policy, accused Chinese AI startup Moonshot AI on Wednesday of conducting an industrial-scale distillation campaign against Anthropic’s Claude …
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Japan Bond Market Turbulence Clouds Takaichi’s Economic Policy Debut Amid Global Monetary Pressures
Japan’s bond market is sending signals that policymakers can no longer afford to treat as background noise. As Sanae Takaichi stepped into her role as finance minister and unveiled her …
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World Bank Warns of Worst-Case Scenario for Global Growth as Recession Risks and Trade Tensions Mount
The global economy is entering one of its most precarious stretches in decades. The World Bank has issued a stark warning that the trajectory of global growth is approaching what …
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Nigeria’s External Reserves Climb to $52.5bn as MPC Holds Interest Rate at 26.5% Amid Global Monetary Pressures
Nigeria’s external reserves have risen to $52.5 billion, the Central Bank of Nigeria confirmed following the latest meeting of the Monetary Policy Committee, which voted to retain the benchmark interest …
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TE Connectivity Had Its Best Quarter Ever. The Connectors That Link Every AI Server Are Starting to Show Up in Every Revenue Line
TE Connectivity reported fiscal third-quarter 2026 results on Tuesday morning that surpassed both guidance and analyst estimates across every key metric, posting record quarterly net sales of $5.16 billion – …