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Swedish legal-AI company Legora raised a $550M Series E at an $8.8B valuation, led by Atreides Management.

China opposes a US order pulling DeepSeek from agency systems and sanctions tied to Google trade-secret case.

The textbook story says barter came first, then commodity money, then credit. The archaeological record tells a different story. A short walkthrough of how Mesopotamia, Egypt, and early China ran sophisticated debt-based economies thousands of years before coins existed - and why money, at its core, is information about who owes what to whom, not the physical token in your hand.

Arda Industries, founded by ex-OpenAI research chief Bob McGrew, emerged from stealth with $232M to build automated robotic assembly lines for US manufacturing.

If a government can print money, why doesn't it just print enough to pay off every debt and end every shortage? A short walkthrough of why scarcity is the load-bearing feature of every functioning currency, how all three jobs of money break the moment supply goes infinite, and why hyperinflations from Weimar to Zimbabwe to Venezuela all follow the same script - deficit, printing, inflation, confidence collapse, abandonment.

French 10-year yields near 4.9% and a Bund spread of about 150 basis points show how the worst riots in years now test France's 2027 budget and the euro.

Trump waived the Graham Act sanctions and tariffs on Russia two days before launch, lifting the MOEX Russia Index and pressing Kyiv toward a quick peace deal.

Governments declare what counts as legal tender. Markets decide what counts as money. Most of the time the two overlap so neatly we forget they're separate - and then a hyperinflation hits and the gap becomes the only thing that matters. A short walkthrough of why legal tender laws only force acceptance for debts, why governments can't legislate something into being money, and why functional currency requires both legal force and voluntary trust.

OpenAI acquired Orchestra Bio, a four-year-old startup whose AI agents run drug-discovery operations. It had raised about $20M from a16z, Atria and 8VC.

Albert Invent raised a $55M Series B from Coatue, TCV and J.P. Morgan, among others, for a chemistry-focused AI operating system for R&D.

Jio Platforms opened its ₹30,200 crore IPO, India's largest ever, with ADIA, BlackRock and Fidelity in the anchor book and 85% subscribed within minutes.

When economists say 'the money supply', they don't mean one number - they mean a stack of them. M0, M1, M2: each layer captures money at a different distance from immediate spending, and each behaves differently in a crisis. A short walkthrough of what these categories actually contain, why central banks can directly control some and only nudge others, and why M2 is the number inflation is measured against.

Trump tells Zelenskyy to 'make a deal' as Witkoff meets Putin and Kyiv says the Pentagon stalls interceptors.

Stablecoin and fiat accounts startup Mural raised a $15M Series A led by Tether, bringing its total funding to $28M.

The same dollar can buy ten different things in a year - or sit in an account doing nothing. The difference is velocity, and it's the missing variable that explains why printing money sometimes causes inflation and sometimes doesn't. A short walkthrough of the equation MV = PQ, why a dollar changes hands four-to-ten times a year in healthy economies, why velocity crashes during recessions, and what the wild swings of 2020–2021 actually showed us.

Tanker attacks around Hormuz hit a wartime weekly high as Houthi strikes killed 3 at Riyadh airport and Iran ruled out talks, keeping Brent near $109.