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Nvidia Corporation announced a multiyear partnership with SB Energy to support a massive artificial intelligence data center in Pike County, Ohio. According to a regulatory filing released on Monday, August 17, 2026, the…
Tyson Foods will close beef facilities in Illinois and Utah and pursue a sale of its Washington beef plant, restructuring operations as a prolonged U.S. cattle shortage squeezes meatpackers. The company announced the cha…
The Office of the Comptroller of the Currency on Friday conditionally approved a national trust bank charter for World Liberty Trust Company, a Trump-family-linked crypto venture. The approval, announced Aug. 14, allows …
Riot Platforms has finalized a twenty-year, $9.1 billion infrastructure and computing agreement with artificial intelligence laboratory Anthropic. The transaction involves allocating 191 megawatts of high-density power a…
Crude oil prices edged higher on Monday morning following fresh military escalations in Lebanon and a series of vessel attacks in the vital Strait of Hormuz. Global benchmark Brent crude rose toward eighty-nine dollars p…
The United States dollar weakened against major international peers on Monday following softer domestic economic data that reduced market expectations for a Federal Reserve interest rate hike next month. A Bloomberg curr…
Global crude oil prices edged higher on Monday as traders monitored escalating geopolitical tensions in the Middle East and prepared for the formal expiration of an interim regional ceasefire. Benchmark Brent crude rose …
Jane Street suffered an estimated $15 billion trading hit in July, its first negative month since 2016, after losses linked to AI-focused hedge fund Situational Awareness and broader technology selloff, Reuters reported …
German direct investment in the United States plummeted to a three-year low of 4.3 billion euros in the first half of 2026, driven by escalating trade policy uncertainty and import tariffs introduced by the Trump adminis…
Robert Downey Jr is reprising his role as Tony Stark for the upcoming Avengers Infinity Defense attraction at Disney California Adventure. Announced during D23, the ride opens in 2028 and features a multiverse-hopping pl…
Berkshire Hathaway has significantly realigned its investment portfolio, expanding its holdings in Google parent Alphabet and U.S. homebuilders while reducing select financial positions. During the second quarter, the Om…
PayPal Holdings is actively negotiating a potential sale to a consortium including fintech rival Stripe and private equity firm Advent International. The renewed discussions follow PayPal rejecting an initial takeover bi…
Alphabet disclosed an equity stake in SpaceX valued at approximately 94 billion dollars at the end of the second quarter. Regulatory filings released with the United States Securities and Exchange Commission revealed the…
U.S. retail sales fell 0.6% in July, the first monthly decline in nine months, raising concerns about weakening consumer demand. The Commerce Department reported Friday that sales totaled $763.6 billion, while sales excl…
U.S. President Donald Trump announced on Friday in Garden City, New York, that the United States intends to declare the Strait of Hormuz a U.S. territory following ongoing military operations against Iran. Trump stated t…
The Office of the Comptroller of the Currency granted preliminary conditional approval for a national bank trust charter to World Liberty Financial, a decentralized finance project co-founded by family members of Preside…
SpaceX has officially finalized its massive sixty billion dollar stock purchase of artificial intelligence coding startup Cursor, absorbing the popular software developer platform into its newly formed SpaceX division. A…
NEW YORK Artificial intelligence developer Anthropic is structuring its upcoming initial public offering valuation around projected revenues between one hundred ninety billion and two hundred billion dollars for the year…
The United States has experienced a historic erosion of its long-standing financial advantage from global investments, according to data from the Bureau of Economic Analysis. For decades, the nation maintained an exorbit…
U.S. inflation increased modestly in July, with prices rising 0.1% from June and 3.4% over the year, the Bureau of Labor Statistics reported Wednesday. The annual rate eased from 3.5% in June, while core inflation, exclu…
U.S. retail sales fell 0.6 percent in July, marking the largest monthly decline in over a year, according to Commerce Department data released Friday. The drop followed a revised 0.2 percent gain in June and missed econo…
The U.S. Treasury sold $25 billion of 30-year bonds on Thursday at a 5.216% yield, the highest auction rate for the maturity since 2001. The result exceeded July’s 5.058% yield and reflected investors’ demand for additio…
New economic data released on Friday revealed a cooler inflation rate across the United States, intensifying divisions among Federal Reserve officials regarding future benchmark interest rate paths. Financial markets rea…
The U.S. government faces mounting fiscal pressures after a $25 billion auction of 30-year Treasury bonds cleared at a yield of 5.216 percent, the highest rate recorded since 2001. The auction results indicate that inves…
Pershing Square Capital Management has completely liquidated its equity position in Hertz Global Holdings Inc., accelerating a sharp market correction for the rental car company. The institutional exit was disclosed in P…