News
Powell and Bessent met with major U.S. banks over Anthropic cyber threats
This week, Federal Reserve Chairman Jerome Powell and Treasury Secretary Scott Bessent held meetings with leading U.S. bank CEOs to address potential cyber...
Middle East tensions push CPI to 3.3% in March
According to the latest Bureau of Labor Statistics inflation report, consumer prices surged in March as the Iran war caused...
TSMC posts 35% jump in Q1 revenue
Taiwan Semiconductor Manufacturing Co., the world’s largest contract chipmaker, announced first-quarter revenue of $35.6 billion (1.13 trillion New Taiwan dollars), a...
Commerce Department report shows 3% core inflation in February
According to the latest report by the Commerce Department, Core inflation eased slightly in February before the recent surge in...
CoreWeave announces $21 billion AI cloud deal with Meta
CoreWeave announced on Thursday that it has entered into an expanded agreement to supply Meta Platforms with $21 billion in...
Paramount President Jeff Shell steps down amid SEC violations
Jeff Shell is resigning from his role as President of Paramount Skydance Corp. after a lawsuit accused him of Securities and...
Levi Strauss & Co. reports 14% revenue growth in Q1
Today, Levi Strauss & Co. announced its financial results for the first quarter ended March 1, 2026, with the company...
2-week ceasefire pushes oil below $95
Oil futures plummeted Wednesday morning after President Trump halted a broad bombing campaign on Iran and declared a two-week ceasefire...
Trump warns of 50% tariffs on nations that supply military weapons to Iran
President Trump announced on Wednesday that the U.S. will impose 50% tariffs on “any and all” goods imported from any...
Gilead to acquire Tubulis GmbH in $5 billion deal
Gilead announced Tuesday that it will acquire the privately held German company Tubulis GmbH for up to $5 billion, as...
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