How Is The Iran War Disrupting The AI Supply Chain
Taiwan Semiconductor Manufacturing Company, which manufactures chips for Nvidia, said higher prices for chemicals and industrial gases could hurt profitability
Breaking News
What Does Sweden’s New Defense Deal Mean For NATO
Prime Minister Ulf Kristersson said the deal would triple Sweden’s naval air defense capabilities and strengthen security in the Baltic Sea region.
Why Are Home Depot Shoppers Still Spending Despite Higher Gas Prices
The company posted adjusted earnings of $3.43 per share on revenue of $41.77 billion, topping Wall Street expectations, according to company figures and analyst estimates cited in the report.
U.S.-Cuba Tensions Escalate After New Sanctions
Cuban President Miguel Díaz-Canel described the sanctions as “immoral, illegal, and criminal” in a social media statement.
What Happened In The Deadly San Diego Mosque Shooting
Authorities said two suspected gunmen, ages 17 and 19, opened fire Monday morning at the mosque in San Diego’s Clairemont neighborhood while classes were underway at an on-site school
Trump’s Fed Pick Kevin Warsh Begins New Role Friday
Warsh’s appointment follows a Senate confirmation vote last week that largely split along party lines
Cuban President Rejects Claims Of Aggressive Drone Plans
According to CBS News, Díaz-Canel defended Cuba’s right to self-defense while rejecting accusations of aggressive military intentions.
What Is Trump’s New $1.7 Billion Anti-Weaponization Fund
Under the agreement, Trump, his sons and the Trump Organization will receive a formal apology but no direct financial compensation.
Adani Settles U.S.-Iran Sanctions Case For $275 Million
The Treasury’s Office of Foreign Assets Control said the company purchased liquefied petroleum gas from a Dubai-based trader claiming the fuel originated in Oman and Iraq.
Iran War Impact: EU Raises Inflation Forecast Amid Oil Supply Crisis
Speaking to CNBC during the G7 finance ministers’ meeting in Paris, Dombrovskis described the situation as a “stagflationary shock,” warning that Europe is facing weaker growth alongside rising prices.
Meta Begins Fresh Round Of AI-Driven Layoffs
The company plans to cut roughly 10% of its workforce, or about 8,000 jobs, while also freezing thousands of unfilled positions. The move follows earlier layoffs across Meta’s Reality Labs and content moderation operations.
New York Rail Strike Disrupts Thousands Of Commuters
The strike began Saturday after last-minute contract talks collapsed over wages and working conditions
Thomas Massie Faces Trump-Backed Challenger
Voters in Kentucky’s 4th Congressional District will decide whether Massie survives a challenge from Trump-backed candidate Ed Gallrein, a former Navy SEAL and farmer personally encouraged by Trump to enter the race.
Trump Reflects On Intel Deal And U.S. Chip Strategy
In an interview with Fortune, Trump recalled asking Intel CEO Lip-Bu Tan for 10% ownership in the company “for free” in exchange for government support
How Swatch And AP Sparked Global Crowds And Resale Chaos
Videos posted online showed fights, heavy crowding and police intervention at several locations.
What Is Driving The Global Bond Market Selloff
The 10-year U.S. Treasury yield rose to 4.601%, its highest level in 15 months, while the 30-year bond remained above 5.1%, according to market data.