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Binance’s $6.3 Billion Hack Is Just the Start of a Risky New Era

The largest cyber heist in history came as attackers increasingly use artificial intelligence and other advanced techniques to steal crypto and quickly launder the funds.

© Tyrone Siu/Reuters

The founder of Binance, Changpeng Zhao, in Hong Kong in August. The company, the world’s biggest crypto exchange, has promised to make customers whole.
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Tech Stocks Tumble, Putting Pressure on Broader Market

The S&P 500 is set for a small loss in October, despite a deeper slide in some of the A.I. stocks that exert a heavy influence on the index.

© The New York Times

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How One Country Became the Unlikely Crossroads of the Global A.I. Boom

In Malaysia, U.S. and Chinese tech giants are pouring billions into vast data centers, straining local resources and testing the limits of Washington’s restrictions on advanced chips.

© Ulet Ifansasti for The New York Times

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Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business

The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.

© Loren Elliott for The New York Times

A silicon wafer at Intel’s campus in Ocotillo, Ariz. The company reported revenue of $16.5 billion in its third quarter.
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Big Tech’s Data Center Blitz Is Burning Through Cash and Scaring Wall St.

Amazon became the latest tech company to announce swelling investments in A.I. amid stumbling share prices.

© Nathan Howard for The New York Times

Amazon is spending heavily on new data centers to operate with this one in Ashburn, Va.
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U.S. GDP Increased 3.4% in Third Quarter

The economy grew 3.4 percent in the third quarter, the fastest pace in a year. Strong spending and growth contrast with the poor marks many voters are giving the economy.

© The New York Times

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The Fed Risks Falling Behind in its Inflation Fight

Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.

© Julia Demaree Nikhinson/Associated Press

Federal Reserve Board Chairman Kevin Warsh speaking on Wednesday.
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