New CBO data shows U.S. debt rising to unprecedented levels by 2035, with rising deficits, interest costs, and reduced tariff revenue making the fiscal outlook more challenging.
JPMorgan Chase confirms in court filings it closed President Trump’s accounts after the Jan. 6 Capitol attack, central to his $5 billion lawsuit alleging politically motivated “debanking.”
JPMorgan Chase has for the first time acknowledged closing Donald Trump’s bank accounts after Jan. 6, 2021, a fact revealed in court filings tied to Trump’s $5 billion lawsuit.
Blue Owl’s liquidity move rattles private credit, sparks 2008-style comparisons and feeds debate over market stress and Bitcoin’s potential next bull run.
Blue Owl's liquidity crisis has investors fearing a repeat of 2008’s financial fallout. However, Bitcoin may emerge as a safe haven, potentially driving its next bull run amid the uncertainty.
Liquidity stress at Blue Owl revives 2008 memories. While not systemic yet, any broader credit strain and policy response could shape Bitcoin’s next major cycle.
China’s new water-based battery delivers exceptional safety and over 120,000 cycles, indicating potential for decades of reliable energy storage beyond conventional lithium-ion cells.
Toyota has filed a recall affecting 4,374 vehicles in the U.S., part of standard safety compliance procedures coordinated with federal regulators.
Russia has introduced temporary air traffic restrictions at three airports, citing precautionary safety measures affecting flight operations.
Microsoft names Asha Sharma to lead Xbox as Phil Spencer retires, with CEO Satya Nadella signaling a renewed focus on console gamers.
Trump highlights Taiwanese chipmakers expanding production in the U.S., framing their investments as proof of a broader push to strengthen domestic semiconductor manufacturing.
Google has reportedly considered spinning off its TPU chip business into a standalone unit, reflecting the growing strategic importance of AI hardware.
Germany’s VDA says key car industry tariffs were not covered by the recent U.S. Supreme Court ruling, meaning core automotive trade measures remain in place.
ExxonMobil plans to launch a U.S. pilot unit for synthetic graphite, signaling a move into battery materials as demand for electric vehicle and energy storage supply chains grows.
Atlanta Fed President Raphael Bostic says labor remains tight in agriculture and hospitality, highlighting ongoing sector-specific hiring challenges in the U.S. economy.
The U.S. has added India to the “Pax Silica” semiconductor cooperation group, signaling deeper tech ties and efforts to strengthen resilient global chip supply chains.
Indonesia’s energy minister says ExxonMobil’s permit for the Cepu oil block will be extended to 2055, providing long-term certainty for one of the country’s key energy assets.
A Toronto Real Canadian Superstore was fined $10,000 for misleading displays that suggested imported food was a “Product of Canada,” highlighting issues in grocery origin labeling.
A vinegar product sold on Amazon has been recalled due to a poisoning risk, raising new concerns about food safety oversight in online marketplaces.
Nevada is pressing ahead with a legal challenge against prediction markets, arguing they operate as unlicensed sports gambling platforms under state law.
Netflix’s interest in Warner Bros. reflects a cautious strategy focused on leverage, protection, and long-term stability rather than aggressive acquisition.
A massive frozen food recall affecting major retailers highlights food safety risks and the scale of modern supply chains.
Oil prices near six-month highs amid U.S.–Iran tensions, while parts of the energy industry were already rallying before the geopolitical surge.
New Zealand’s sharemarket closed about 1% lower as declines in heavyweight stocks dragged the index down, reflecting cautious sentiment and measured profit-taking.