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Time:2026-07-01T05:19:18Z

The U.S. lifted export controls on Anthropic's most advanced AI models, reversing a freeze that had blocked Fable and Mythos. Trump's financial disclosures reveal over $1 billion in crypto earnings and an expanding business empire. China's millionaire growth lags global averages amid slower wealth creation. Employers who replaced workers with AI are now regretting the decision as AI competition intensifies between the U.S. and China. ETFs saw record inflows in the first half of 2026, marking a shift in investor behavior.

US lifts export controls on Anthropic's advanced AI models

US lifts export controls on Anthropic's advanced AI modelsThe White House has lifted export controls on Anthropic that had frozen its most advanced AI models, including Fable and Mythos. The decision reverses earlier restrictions that prevented Anthropic from deploying these models internationally. CNN, BBC, Nikkei Asia, and the New York Times all reported the policy shift. The move signals a change in how the U.S. government approaches AI export regulation for American firms.

China's millionaire growth lags behind global wealth boom

China's millionaire growth lags behind global wealth boomGlobal personal wealth rose at its fastest pace in nearly a decade, but China saw only modest gains in millionaire growth. A new report highlights that the country's wealth boom may be cooling compared to global trends. Forbes published its mid-year ranking of the world's richest people, while analysts debated the 'Missing Billionaires' theory about compounding versus wealth preservation. The data suggests a shifting wealth landscape across major economies.

Trump made over $1 billion from crypto in first year back

Trump made over $1 billion from crypto in first year backFinancial disclosures show Trump took in approximately $1.2 billion from crypto businesses last year, with his total disclosed earnings reaching at least $2 billion. New filings reveal an expanding financial empire including Apple stock, celebration coins, and crypto ventures. Both AP News and BBC reported on the unprecedented scale of presidential business income. The disclosures offer a rare window into how a sitting president's business interests intersect with digital assets.

Employers regret AI layoffs as China competition heats up

Employers regret AI layoffs as China competition heats upCompanies that laid off workers citing AI are now expressing regret as the consequences of those decisions become apparent. Meanwhile, China-linked actors are expanding their AI-related targeting beyond just technology sectors as competition with the U.S. intensifies. Forbes reports that AI has fundamentally rewritten the corporate scoreboard in its latest Global 2000 ranking. The twin trends of AI-driven workforce changes and geopolitical competition are reshaping business strategy.

Record ETF inflows and top S&P 500 performers in 2026

Record ETF inflows and top S&P 500 performers in 2026Investors poured money into ETFs at a record pace during the first half of 2026, signaling strong market confidence. MarketWatch identified the 20 best-performing S&P 500 stocks for the period, while fixed deposits remain a safe option for conservative investors. The data suggests a bifurcated market where both risk-on ETFs and traditional fixed-income products are attracting capital. Mid-year portfolio rebalancing is top of mind for many investors.