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Central banks and investment firms have warned that if AI fails to meet investors’ expectations, there will be a sharp economic correction. Now, Deutsche Bank says 2026 will be the most challenging year for the technology yet. “AI will survive,” investment bank analysts Adrian Cox and Stéphane Avredan wrote in a Jan. 20 memo titled “The Honeymoon Is Over.” But they said the red-hot industry would be hit by three themes in particular: disillusionment, confusion and mistrust. “This is important because investment and optimism in AI is driving the global economy and accounted for much of the U.S. economic and…
December 31, 2024: Baldoni, Wayfarer and others sue The New York TimesBaldoni, Wayfarer, Heath, Sarowitz, Nathan, TAG, Abel, RWA Communications, Wallace and Street Relations filed a $250 million lawsuit against The New York Times on December 31st. The lawsuit, obtained by E!, accuses The New York Times of defamation, false and minor invasion of privacy, promise fraud, and breach of implied contract for an article about a retaliatory smear campaign the plaintiffs allegedly waged against Lively after she raised concerns about alleged misconduct on set. The plaintiffs denied the accusations, saying the report was “false” and based on Lively’s CRD…
U.S. President Donald Trump answers questions from the media during a press conference in the James S. Brady Press Briefing Room at the White House on January 20, 2026 in Washington, DC.Win McNamee | Getty Images Markets on Tuesday showed classic signs of a “Sell America” trade as investors balked at rising risks related to Washington’s foreign policy.Major U.S. indexes fell for their worst day since October, S&P500 and Nasdaq Composite It will enter negative territory in 2026. Volatility soars, VIX indexWall Street’s “Fear Gauge” soared to an all-time high of 20.99. Meanwhile, bond yields soared us dollar index Fall…
Beijing — As U.S. President Donald Trump prepared for his arrival at Davos by stirring up discord with allies, stepping up threats to seize Greenland, vowing to impose tariffs on countries that opposed his bid, and leaking private messages from European leaders, Beijing was using Beijing to position itself as an alternative world leader. And a growing audience is willing to listen. Hours after President Trump’s broadside, Chinese Vice Premier He Lifeng took to the stage at the annual ALPS conference and asserted that Beijing had “consistently acted on the vision of a community with a shared future and continued…
December 31, 2024: Baldoni, Wayfarer and others sue The New York TimesBaldoni, Wayfarer, Heath, Sarowitz, Nathan, TAG, Abel, RWA Communications, Wallace and Street Relations filed a $250 million lawsuit against The New York Times on December 31st. The lawsuit, obtained by E!, accuses The New York Times of defamation, false and minor invasion of privacy, promise fraud, and breach of implied contract for an article about a retaliatory smear campaign the plaintiffs allegedly waged against Lively after she raised concerns about alleged misconduct on set. The plaintiffs denied the accusations, saying the report was “false” and based on Lively’s CRD…
On January 17, 2026, a demonstration will be held in front of the U.S. Embassy in Copenhagen, Denmark, with the slogans “Hands Off Greenland” and “Greenland for Greenlanders.” Christian Takisen Radegaard Berg | Nurfoto | Getty ImagesGreenland’s Prime Minister Jens-Frederik Nielsen said late Tuesday that the island and its people must prepare for “anything” as President Donald Trump tightens control of the semi-autonomous Arctic island, which is part of Denmark, without ruling out U.S. military action.Nielsen told a news conference that while this scenario was unlikely, Greenland needed to prepare because the “other side” had not ruled out the possibility…
A wave of speculative buying has sent the stock market into a tailspin as we head into the new year, with CNBC’s Jim Cramer urging investors to take profits on the parabolic stock market. “You’re not making a profit unless you make the cash register ring with some of your profits,” Kramer said on “Mad Money” Tuesday night. These are just “paper profits. It doesn’t count,” he says. “Let’s say you made a big profit on a stock that skyrocketed this year. Tomorrow you should take something off the table,” Kramer said. Kramer identified more than 30 U.S.-listed stocks with…
Protesters holding Danish and Greenlandic flags take part in a demonstration in Copenhagen, Denmark, January 17, 2026.Niklas Pollier | Bloomberg | Getty ImagesDanish pension operator Academia Carpension has announced it will withdraw from U.S. bonds, citing financial concerns as Denmark battles with President Donald Trump over his threat to take over Greenland.Anders Schelde, head of investments at Akademi Carpension, said the decision was prompted by what was seen as “poor (US) government finances” amid the US debt crisis. But it also comes amid heightened tensions between the United States and Denmark following President Trump’s recent threat to impose tariffs on…
Last week, the US government lifted its previous ban and formally approved the sale of Nvidia’s H200 chips, along with AMD’s chip line, to approved Chinese customers. Perhaps they aren’t the brightest, most cutting-edge chips from these chipmakers, but their exports are controversial because they are high-performance processors used for AI. And at the World Economic Forum in Davos on Tuesday, Anthropic CEO Dario Amodei blamed both the government and semiconductor companies for the decision. This criticism was particularly salient because one of those chipmakers, Nvidia, is a major partner and investor in Anthropic. “The CEOs of these companies are…
Cordoba, Spain — A commuter passenger train derailed in Guerrida, near the Spanish city of Barcelona, on Tuesday, killing the driver and injuring 37 others, a Catalan government spokesperson told CNN. The incident occurred just two days after another train accident in Spain. In the accident, two high-speed trains collided near Adams in the southern state of Cordoba, killing 41 people. Tuesday’s accident involved a commuter train on the R4 line, used by thousands of passengers every day, as it ran between the cities of Guerrida and Sant Sadurn d’Anoia in the northeast of the country. The derailment was caused…