Key Points President Trump touted a new $70 million factory investment by Deere & Co. in North Carolina. The investment was actually first announced in 2024, under the Biden administration. The factory will build excavators and create 150 new jobs....
Key Points China is expected to increase its imports of Brazilian soybeans in the first half of 2026. A record harvest in Brazil and competitive prices are driving the deals. This could hurt demand for U.S. soybeans when their export season begins in September. China's 13% tariff on U.S. soybeans makes them much more expensive for private buyers than Brazilian...
Key Points The popular narrative that AI is the sole engine of the U.S. economy is overstated. Consumer spending was the most crucial driver of GDP growth in 2025, with AI investment coming in second. The impact of AI on GDP is smaller than it appears because much of the high-tech equipment is imported. Even without the AI boom, the...
Key Points Nvidia is investing another $2 billion in the AI infrastructure provider CoreWeave. The investment will nearly double Nvidia's stake in the company, making it the second-largest investor. The money will help CoreWeave accelerate its plans to build 5 gigawatts of AI data center capacity by 2030. CoreWeave is a "neocloud" provider that has seen a surge in demand...
Key Points The U.S. has lost 72,000 manufacturing jobs since President Trump announced the "Liberation Day" tariffs in April. The...
Key Points Canadian Prime Minister Mark Carney said Canada will not pursue a free trade deal with China. The statement...
Key Points AI was the dominant topic at this year's World Economic Forum in Davos. The CEOs of Tesla, Nvidia,...
Key Points Michigan's Attorney General has filed an antitrust lawsuit against four major oil companies. The suit alleges a decades-long...
Key Points Chinese officials have reportedly given tech giants like Alibaba and Tencent the go-ahead to order Nvidia's H200 AI...
Key Points JPMorgan Chase CEO Jamie Dimon called President Trump's proposed 10% cap on credit card interest rates an "economic...
Key Points OpenAI Chairman Bret Taylor said the AI industry is "probably" in a bubble. He believes the hype is...
Key Points Citigroup believes President Trump's focus on affordability could be a major tailwind for fintech stocks. Companies that offer...
Key Points Europe's top financial risk watchdog, the ESRB, is warning of a potential funding squeeze for European banks. The...
Key Points Bitcoin briefly rallied to $90,000 on Wednesday after President Trump voiced support for a crypto regulation bill. The...
Key Points U.S. President Trump has signed an executive order to ban large institutional investors from buying single-family homes. Experts...
Key Points A new bill would give Congress the power to block the export of AI chips to China. The...
Key Points European leaders are presenting a united front against President Trump's threats to impose tariffs on Greenland at the...
Key Points Amazon CEO Andy Jassy said that President Trump's tariffs are starting to raise the prices of some items....
Key Points The UK government is considering a ban on social media for children under a certain age. The move...
Key Points 80% of workers believe AI will impact their daily jobs. Gen Z is the most concerned generation about...
Key Points The Trump administration has a backup plan if the Supreme Court strikes down its global tariffs. U.S. Trade...
Key Points China has criticized the EU's reported plan to phase out Chinese suppliers from critical infrastructure. The foreign ministry...
Key Points The collective wealth of the world's billionaires jumped 16% in 2025 to a record $18.3 trillion. The gains...
Key Points Venture capital firm Sequoia is reportedly investing in Anthropic, a major rival to another of its portfolio companies,...
Key Points Mizuho has identified six key themes for the fintech, payments, and crypto sector in 2026. Lower interest rates...
Key Points Elon Musk is seeking up to $134 billion in damages from OpenAI and Microsoft. He claims the companies...
Key Points Google is asking a judge to pause an order that would force it to share data with rivals....
Key Points U.S. regulators have extended the deadline for Tesla to respond to an investigation into its "Full Self-Driving" technology....
Key Points White House adviser Kevin Hassett downplayed the criminal investigation into Fed Chair Jerome Powell. The Trump administration is...
Key Points The U.S. and Taiwan have signed a major trade deal focused on semiconductors and investment. The U.S. will...
Key Points Amazon is objecting to Saks Global's bankruptcy financing plan. Amazon invested $475 million in Saks in 2024, an...
Key Points A Chinese-linked hacking group, "Mustang Panda," targeted U.S. officials with Venezuela-themed phishing emails. The attack was launched just...
Key Points OpenAI has signed a deal valued at over $10 billion to purchase computing power from Cerebras. The deal...
Key Points The World Economic Forum's new report warns of "turbulent times" ahead. Global power rivalries and economic confrontation are...
Key Points The UK government is "resetting" its plans to overhaul copyright rules for AI. The initial proposal, which favored...
Key Points U.S. senators have unveiled a draft bill to create a regulatory framework for cryptocurrency. The bill would clarify...
