Global central banks own about 17 percent of all the gold ever mined, with reserves topping 36,699 metric tons (MT) as of year-end 2023. They acquired the vast majority in the years after becoming net buyers of the metal in 2010. Central banks purchase gold for a number of reasons:…
With gold prices surging to new all-time highs at the start of 2025, the top gold-producing countries are set to benefit significantly from a runaway bull market. After gaining 30 percent in 2024, the market’s momentum continued in 2025. On January 31, it broke through the US$2,800 mark, and less…
The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an executive leading the energy strategy of Alphabet’s Google unit said this week. The emergence of China’s DeepSeek artificial intelligence firm sent the shares of major power companies tumbling in late…
ScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday. The sports storytelling platform’s investors include 20VC venture capital fund founder Harry Stebbings, Reddit co-founder Alexis Ohanian’s Seven Seven Six VC firm, NBA star Giannis Antetokounmpo, former Formula 1 champion…
The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an executive leading the energy strategy of Alphabet’s Google unit said this week. The emergence of China’s DeepSeek artificial intelligence firm sent the shares of major power companies tumbling in late…
Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company. Founded in 2018, Olipop has helped fuel the growth of the prebiotic soda category, along with rival Poppi, which highlighted its drinks with a Super Bowl…
Plastic tubes meander from Rosella’s nose to a nearby oxygen tank that’s bigger than she is, as she flicks through a book of her drawings: a flower, a house, a chicken. The 9-year-old needs non-stop medical attention for the bone condition she was born with that has left her ribs pushing…
It’s only three weeks into a fragile ceasefire, and Israel and Hamas are each ratcheting up allegations that the other party has violated the deal. So far, 16 out of 33 hostages scheduled for release in the current phase of the agreement have been freed by Hamas, and 656 Palestinian…
Sam Kerr, one of the world’s top female soccer players, was found not guilty Tuesday of racially aggravated harassment of a police officer. Kerr, a striker for Australia and for English club Chelsea, accepted she called Police Constable Stephen Lovell “stupid and white” during a heated exchange at a police…
Amid the maelstrom of indignation around Donald Trump’s proposal to “take over” Gaza, French President Emmanuel Macron has called for “respect” for Palestinians and their Arab neighbors, batting away the US president’s idea of a mass displacement of Gazans from their homeland. “The right answer is not a real estate…