Nvidia shares' 9% recovery Tuesday was the second-best day in terms of market cap added for any company ever, trailing only a record it set in July.
Gold bulls could find themselves without much support once the current optimism in the market fizzles out, according to experts. “No big moves are expected, as several traders sit on their hands until the Federal Reserve (Fed) interest rate decision later in the day,
The White House is considering challenging the constitutionality of a 50-year-old law limiting the president’s control over federal spending, easing the firing of civil servants, curbing pay and reining in independent agencies,
Sam Altman’s company expressed concern Wednesday that DeepSeek’s model had improperly used components of OpenAI’s model.
· 9h
Trump’s Inflation and AI Are More Important Than the Fed
· 5h · on MSN
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which became a regular feature during his first term.
Backtracking: The White House on Wednesday said a “federal funding freeze” remains in “full force and effect” despite rescinding a controversial memo ordering a freeze on grants and loans to give agencies time to review programs for their compliance with President Donald Trump’s agenda.
KEY TAKEAWAYS OpenAI said Wednesday that it is probing whether Chinese artificial intelligence startup DeepSeek improperly used its data to launch the low-cost model that spooked markets Monday.The comment by OpenAI follows a Bloomberg report that both OpenAI and its biggest backer Microsoft are investigating DeepSeek's model.
The US merchandise-trade deficit widened in December to a record as the value of imports increased, highlighting a key issue that President Donald Trump aims to rectify in his second term.
Trump Media and Technology Group Corp. said it will start a financial-services brand called Truth.Fi — the latest move by a Donald Trump-linked business to push into finance during his presidency.
After Pete Hegseth won confirmation by a single vote to become defense secretary, Donald Trump’s entourage is mobilizing to bolster Tulsi Gabbard, another of the president’s imperiled nominees for a top national security post.
To Bolsonaro, Trump’s return to the White House is a manifestation of the political faith that he invested in his fellow president. Bolsonaro, dubbed the “Trump of the Tropics,” sees vindication everywhere he looks — and regards Trump as his potential path to political redemption.
Tech stocks led markets lower on Wednesday as the broader mood stayed muted after the Federal Reserve's latest interest rate decision saw the central bank keep rates unchanged in a range of 4.25%-4.5%.
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