Dollar heads for biggest weekly drop in a month as focus shifts to Fed, BOJ meets

China’s Premier Li Qiang is pushing for a new international body to oversee AI cooperation, suggesting global collaboration is key to managing the risks and benefits of rapidly advancing artificial intelligence. The proposal, made during a major tech conference, signals China’s desire to play a leading role in shaping AI governance—but it also raises questions about how competing visions for regulation (especially between China and Western nations) might clash.

Editor’s Note: AI is advancing faster than regulations can keep up, and everyone’s scrambling to set the rules. China’s pitch for a global AI body isn’t just about tech—it’s a power move in the geopolitical tug-of-war over who gets to steer the future of this game-changing technology. Whether this leads to real cooperation or just more rivalry is the big question.

Kinsale Capital just dropped their Q2 2025 earnings, and it’s good news—they’ve outperformed what analysts were expecting. The specialty insurance player seems to be hitting its stride, though we’d need to dig into the details to see what’s driving the beat (underwriting wins? investment income?). Either way, investors are likely pleased.

Editor’s Note: When a niche insurer like Kinsale tops forecasts, it’s a sign they’re managing risk and growth well in a tricky market. For shareholders, it’s a confidence boost; for competitors, a nudge to check their playbooks. And for the rest of us? Another reminder that even in volatile sectors, some companies find ways to shine.

Eastern Bankshares just reported their Q2 2025 earnings, and they came in stronger than analysts expected. Basically, they made more money than Wall Street thought they would—a solid win for the regional bank.

Editor’s Note: For investors and anyone keeping an eye on smaller banks, this is a good sign. Beating expectations usually means the company’s doing something right—whether it’s managing costs well, growing loans, or just riding a favorable economic tide. It could also hint at broader stability (or strength) in the regional banking sector, which has had its ups and downs lately.

Alpine Income just reported its Q2 2025 earnings, and while they fell short of analysts' expectations for earnings per share (EPS), something unexpected happened—their stock price actually went up. It’s one of those head-scratchers where the market reaction doesn’t seem to match the numbers at first glance. Maybe investors are betting on future growth, or there’s some hidden optimism in the details. Either way, it’s a reminder that earnings season is full of surprises.

Editor’s Note: Earnings misses usually send stocks tumbling, but Alpine’s rise suggests there’s more to the story. Maybe guidance was strong, or investors see a turnaround ahead. For anyone tracking market quirks or Alpine specifically, this is a sign to dig deeper—because sometimes, the market’s reaction tells you as much as the earnings themselves.

Carter’s, the well-known kids' clothing brand, just shared its Q2 2025 earnings, and the numbers didn’t hit Wall Street’s targets. Sales and profits fell short of what analysts were expecting, which isn’t great news for investors. The company pointed to softer demand and higher costs as key reasons for the miss.

Editor’s Note: When a staple brand like Carter’s underperforms, it’s often a sign of broader challenges—maybe parents are cutting back on spending, or inflation’s squeezing margins. For shoppers, it might not mean much right away, but if the trend continues, it could lead to tighter inventories or even higher prices down the line. Investors, though, will be watching closely to see if Carter’s can turn things around.