TikTok-fueled K-beauty boom triggers a retail race in the U.S.
K-beauty has vaulted into the American mainstream, driven by TikTok and younger, more diverse shoppers. Retailers from Ulta to Walmart…
Category: Economy
Australia’s consumer inflation accelerates to 3.8% in October, overshooting estimates
The largest contributor to consumer inflation was the housing sector that saw price growth of 5.9%, driven by higher costs…
Sellers are taking their homes off the market at the fastest pace in nearly a decade
Home sellers are taking their homes off the market at a fast clip, because they are sitting for more than…
Taiwan’s President Lai lashes out against Beijing, pledging $40 billion in additional defense budget
Beijing considers democratically governed Taiwan as its own territory and regards its reunification with the mainland "a historical inevitability." Taiwan rejects…
Amazon faces FAA probe after delivery drone snaps internet cable in Texas
The probe comes as Amazon faces stiffer competition from Walmart, which has also begun drone deliveries. ...
Nvidia says its GPUs are a ‘generation ahead’ of Google’s AI chips
It was in response to Wall Street's concern that Google's TPU chips could threaten Nvidia's dominance of the AI infrastructure…
Anthropic unveils Claude Opus 4.5, its latest AI model following $350 billion valuation
Anthropic says its new Claude Opus 4.5 excels at coding, using computers and assisting users with complex enterprise tasks. ...
OpenAI announces shopping research tool in latest e-commerce push
OpenAI's shopping guides include top products, key differences between the products and information from retailers. ...
Michael Burry launches newsletter to lay out his AI bubble views after deregistering hedge fund
"The Big Short" investor is capitalizing on the massive audience he's built on X, where 1.6 million followers have long…