Key Points: Oil prices jumped 15 percent despite predictions of an oversupply. Sanctions on Russian producers removed 600,000 barrels per day. Strong US job numbers and cold weather boosted fuel demand. Analysts still expect prices to eventually drop to around...
Key Points: President Trump used Section 122 to replace struck-down tariffs. Treasury Secretary Bessent calls the tax a temporary five-month bridge. Economists argue the US is not facing a payments crisis. Legal experts predict the move will spark fresh court battles. President Donald Trump is using a rare legal argument to keep his trade war alive. After the Supreme Court struck down his previous tariffs...
Key Points: Treasury prices fell for the first time in a month. The Supreme Court struck down Trump's tariffs, threatening revenue. Strong inflation data suggests the Fed will delay rate cuts. Investors are selling bonds, expecting yields to rise further. The mood in the massive thirty-one trillion dollar US Treasury market shifted sharply last week. After a strong month of gains, bond prices fell as...
Key Points: President Trump told Netflix to fire board member Susan Rice immediately. Rice warned that Democrats will punish companies that support the president. Trump threatened the streaming giant with consequences if it ignores him. The fight happens as Netflix tries to buy Warner Bros. Discovery. President Donald Trump issued a strict warning to Netflix late Saturday. He demanded that the company fire board member...
Key Points: Investors want proof that heavy AI spending is working. Nvidia reports fourth-quarter results after the market closes on...
Key Points: France's trade minister urged the EU to unite against new U.S. tariffs. President Trump announced a fresh 15%...
Key Points: Ford is developing a $30,000 midsize electric pickup truck to boost EV sales. A special engineering team created...
Key Points: Euro zone inflation risks swing heavily in both directions. Cheap Chinese imports force local businesses to lower prices....
Key Points: The Federal Energy Regulatory Commission approved Blackstone's purchase of TXNM Energy. Regulators found no evidence that the buyout...
Key Points: The Supreme Court struck down President Trump’s broad global tariffs. Retail groups celebrated the ruling for bringing certainty...
Key Points: The Supreme Court struck down Trump's sweeping global tariffs. Trump criticized the justices and announced new trade strategies....
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...
