The housing crisis is pushing Gen Z into crypto and economic nihilism

CME has resumed trading after a significant outage that halted futures trading in equities, bonds, and commodities for over 10 hours, causing disruptions across global markets. The fault originated from a data center issue, which raised immediate concerns among traders and investors alike.

Ukraine faces a critical juncture as Kyiv grapples with choices that present immediate challenges and potential long-term consequences, reflecting a Catch-22 situation where decisions made now could lead to worse outcomes later. The ongoing conflict with Russia exacerbates these dilemmas, particularly in the context of financial stability and international support.

War-linked assets have seen a rally as Ukraine's bondholders express optimism about avoiding further losses amid renewed U.S. efforts for peace in Ukraine. This development indicates a shift in market sentiment as investors respond to potential resolutions in the ongoing conflict.

US Black Friday shoppers are expected to spend less this year due to rising living costs, despite forecasts of record crowds during the crucial holiday sales period. This trend reflects a tightening of consumer budgets as inflationary pressures persist.

OpenAI has amassed a staggering $100 billion in debt as it seeks to fund its ambitious growth plans, raising concerns about its financial sustainability amidst ongoing losses. This situation highlights the reliance of cloud companies and developers on OpenAI to repay these substantial loans.

China has shifted from being known primarily as the world's factory to becoming a leader in research and development (R&D), positioning itself as a global hub for innovation. This transformation is underscored by significant investments in technology and infrastructure, particularly in Beijing, which has become a focal point for cutting-edge advancements.

The rise of imposter accounts, lax moderation, extremism, and synthetic content poses a significant threat to trust in online information, as highlighted in a recent Financial Times article. These factors contribute to an 'infocalypse,' where misinformation proliferates, undermining the integrity of digital communication.

Chancellor Rachel Reeves has faced criticism from business leaders for failing to stimulate economic growth in her recent budget announcement, which was expected to address the UK's cost of living crisis. The budget, which included significant tax increases, has been described as a missed opportunity to fulfill Labour's pledge to boost output.