Sony hikes price of aging PlayStation 5 console in Japan by 19%

The PlayStation DualSense controller and PlayStation 5 console.

Jakub Porzycki | Nurphoto | Getty Images

Sony on Tuesday announced a price hike for its flagship PlayStation 5 console, even as the device enters its fourth year on the market.

The Japanese gaming giant said its suggested retail price for the PS5 is now 79,980 yen, or $553, up 19% from the previous price. The hike will take effect from Sept. 2.

Sony cited a challenging external environment, including fluctuations in the global economy, as the reason for the price increase.

Source

U.S. to inject .6 billion into rare earths miner for 10% stake, FT reports

World

U.S. to inject $1.6 billion into rare earths miner for 10% stake, FT reports

January 25, 2026

Alex Jech walks past equipment that will become part of the production line at USA Rare Earth’s facility in Stillwater, Oklahoma on June 20, 2025. Nick Oxford | The Washington Post | Getty Images The United States is planning to inject $1.6 billion into Oklahoma-based miner USA Rare Earth and will receive a 10% stake […]

World

Trump threatens to impose 100% tariff if Canada makes deal with China

January 24, 2026

US President Donald Trump speaks to the press upon returning to Joint Base Andrews in Maryland on January 13, 2026. Mandel Ngan | Afp | Getty Images President Donald Trump on Saturday warned Canada that the U.S. would impose 100% tariff on goods sold in the U.S. if the country strikes a trade deal with […]

World

Therapists say they see more workers anxious about AI: It’s ‘a fear of becoming obsolete’

January 24, 2026

Fiordaliso | Moment | Getty Images Over the last few years, Emma Kobil, a trauma counselor in Denver, started noticing a new topic coming up with her patients: artificial intelligence. “I’ve had clients lose their jobs due to AI, and it’s something we’ve processed in our sessions,” Kobil said. Often, they express “shock, disbelief and […]