Key Points: U.S. officials conducted currency rate checks in January to support the Japanese yen. The New York Federal Reserve acted without a direct request from Japan. Treasury Secretary Scott Bessent led the effort due to Japanese election concerns. Officials...
Key Points: A Trump official claims DeepSeek used restricted Nvidia Blackwell chips. The U.S. strictly bans exporting these advanced AI processors to China. DeepSeek allegedly tried to hide the technical evidence of the chips. The startup likely copied data from major American AI models. A senior official in the Trump administration claims that the Chinese artificial intelligence startup DeepSeek trained its newest software using banned...
Key Points: The Dow Jones fell 1.66% to hit a new one-month low. IBM shares crashed over 13%, leading the market decline. Visa stock dropped to a 52-week low while American Express tumbled. Gold prices surged past $5,200 as market volatility spiked 10%. U.S. stocks started the week on a sour note, with major indexes sliding significantly on Monday. The Dow Jones Industrial Average dropped...
Key Points: Tesla sued California regulators to overturn a false advertising ruling. The state previously claimed Tesla misled buyers about self-driving features. Lawyers argue drivers knew the cars required human supervision. The company recently rebranded the software to "Full Self-Driving (Supervised)." Tesla has filed a lawsuit against the California Department of Motor Vehicles (DMV) to reverse a damaging legal decision. The electric automaker wants to...
Key Points: Stellantis relaunched the Jeep Cherokee after a three-year break. The 2026 model is a traditional hybrid with 37...
Key Points: Tech giants plan to invest $650 billion in AI infrastructure this year. Bridgewater executive Greg Jensen warns the...
Key Points: OpenAI partnered with four major firms, including Accenture and McKinsey. The alliance aims to deploy the new "Frontier"...
Key Points: Oil prices jumped 15 percent despite predictions of an oversupply. Sanctions on Russian producers removed 600,000 barrels per...
Key Points: President Trump used Section 122 to replace struck-down tariffs. Treasury Secretary Bessent calls the tax a temporary five-month...
Key Points: Treasury prices fell for the first time in a month. The Supreme Court struck down Trump's tariffs, threatening...
Key Points: President Trump told Netflix to fire board member Susan Rice immediately. Rice warned that Democrats will punish companies...
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,...
