Key Points: Euro zone inflation risks swing heavily in both directions. Cheap Chinese imports force local businesses to lower prices. January inflation fell to 1.7%, missing the 2% target. Geopolitical tensions in energy markets might cause price spikes. A top...
Key Points: The Federal Energy Regulatory Commission approved Blackstone's purchase of TXNM Energy. Regulators found no evidence that the buyout would increase customer utility rates. The mandatory waiting period for federal antitrust review has officially ended. The massive $11.5 billion deal includes assuming the utility company's existing debt. TXNM Energy announced on Friday that the United States Federal Energy Regulatory Commission officially approved its buyout....
Key Points: The Supreme Court struck down President Trump’s broad global tariffs. Retail groups celebrated the ruling for bringing certainty to supply chains. Trump immediately announced a new 10% global tariff using different laws. Retailers now demand refunds for the unconstitutional duties they paid. The retail industry celebrated a major victory Friday after the Supreme Court struck down President Donald Trump’s sweeping global tariffs. The...
Key Points: The Supreme Court struck down Trump's sweeping global tariffs. Trump criticized the justices and announced new trade strategies. The administration will launch new Section 301 investigations into unfair trade. Trump might revive a Great Depression-era law to tax foreign goods. The Supreme Court just struck down President Donald Trump's massive global tariffs. In response, Trump quickly announced plans to use different laws to...
Key Points: China may back out of buying 8 million tons of US soybeans. The Supreme Court recently struck down...
Key Points: OpenAI has a team of 200 employees building new AI gadgets. The company plans to sell the speaker...
Key Points: The Supreme Court ruled 6-3 that President Trump lacked the authority to impose his sweeping tariffs. U.S. stock...
Key Points: A federal judge in Miami rejected Tesla's attempt to overturn a massive jury verdict. The automaker must pay...
Key Points: The U.S. economy grew at just a 1.4% rate in the fourth quarter. A record 43-day government shutdown...
Key Points: Japan's core consumer inflation hit 2.0% in January. This marks the slowest rate of price growth in two...
Key Points: Nvidia is close to finalizing a $30 billion investment in OpenAI. This deal replaces a previous long-term $100...
Key Points: President Trump is suing the IRS for $10 billion over a tax data leak. Critics argue this creates...
Key Points: Brent crude and US oil prices jumped roughly 2% on Thursday. Gold prices reclaimed the $5,000 mark as...
Key Points: The European Central Bank fined JPMorgan 12.18 million euros. The bank miscalculated risk-weighted assets for 15 consecutive quarters....
Key Points: Taalas raised $169 million to build faster, cheaper AI chips. The technology "hard-wires" AI models directly onto silicon....
Key Points: ESA stock fell 6% following the announcement of a public offering. The company priced 1.74 million shares at...
Key Points: The December trade deficit jumped over 32% to $70.3 billion. The gap for physical goods hit an all-time...
Key Points: Sam Altman and Dario Amodei refused to hold hands during a group photo. The incident occurred at the...
Key Points: Fed officials show no urgency to cut rates, keeping hike options open. The dollar strengthens while the euro...
Key Points: U.S. President Trump signed an order protecting phosphorus and herbicide supplies. The White House invoked the Defense Production...
Key Points: eBay will acquire fashion app Depop from Etsy for $1.2 billion. The company forecasts first-quarter revenue between $3...
Key Points: World Labs secured $1 billion to develop "spatial intelligence" technology. Major investors include chip giants AMD and Nvidia,...
Key Points: Microsoft matched 100% of its electricity usage with renewable energy last year. The company contracted 40 gigawatts of...
Key Points: Barclays sees fragility in the market's current risk appetite. The bank keeps a positive rating on U.S. Growth...
Key Points: Bank of America is starting a specialized art consulting service. Wealthy clients hold over $2.5 trillion in art...
Key Points: The ECB designed the digital euro to keep banks central. New currency aims to compete with non-European tech...
Key Points: Santos plans to cut roughly 10% of its staff to lower expenses. The company reported full-year profits that...
Key Points: The IMF advised Japan to continue raising interest rates. The agency warned against a proposed cut to the...
Key Points: Meta will use millions of Nvidia chips to power its AI data centers. The deal includes the first...
Key Points: WTI crude dropped to near $62 a barrel on Tuesday. Iran confirmed a "general agreement" on nuclear talks...
Key Points: SoftBank Group dissolved its stake in Nvidia during the fourth quarter. Nvidia shares dropped 1.6% following the disclosure....
Key Points: Ormat signed a deal to provide 150 MW of geothermal power. The energy will support Google’s data center...
Key Points: Portland General Electric is buying PacifiCorp's Washington assets for $1.9 billion. The deal includes wind and gas plants...
Key Points: Bitcoin dropped 1.7% to trade around $67,600 on Tuesday. US tech stock futures slid, dragging crypto prices down....
Key Points: Ireland's Data Protection Commission is investigating X's chatbot, Grok. The probe focuses on the creation of sexualized AI...
Key Points: Copper earnings surpassed iron ore for the first time ever. BHP shares jumped 7% to hit a new...
