Donald Trump has proposed a $12 billion strategic mineral reserve to reduce U.S. dependence on China, highlighting growing concern over critical supply chains.
A federal court has ordered the restart of all U.S. offshore wind construction, lifting a legal pause and restoring momentum to projects critical to coastal energy plans.
Oracle shares slipped after the company outlined plans to seek up to $50 billion in AI funding, a move that underscores ambition while testing investor patience.
SoFi’s lending business, anchored by personal loans and fueled by deposits, may have far more room to grow than many expect as it scales quietly across vast U.S. markets.
China has moved to ban fully hidden car door handles, citing safety risks in emergencies and signaling a shift toward designs that favor instinct and mechanical reliability.
Equifax has introduced two new Employment Insights solutions for dealers, aiming to improve decision-making by offering a clearer view of employment stability and income patterns.
Three companies plan to close Massachusetts facilities, affecting about 250 workers and leaving communities to navigate job losses, transition, and uncertainty.
Gold and silver prices are swinging sharply, creating risks for sellers as volatility, policy signals, and shifting sentiment complicate decisions in the precious metals market.
Oil prices eased as U.S.–Iran diplomatic talks reduced supply fears, while a major energy company was downgraded amid stretched valuations after recent rallies.
Experts say boosting U.S. biotech competitiveness with China could accelerate treatments for rare disease patients, linking innovation directly to human impact.
Elon Musk confirmed plans to merge SpaceX with xAI ahead of a potential IPO, signaling a strategic alignment between space technology and artificial intelligence ambitions.
As ACA subsidies expire, voters name healthcare costs as their top economic worry, highlighting the tangible impact of policy changes on everyday life.
Disney’s next CEO will inherit a company with strong momentum, balancing creativity, innovation, and operational strategy as the entertainment giant moves forward.
Wealth inequality and the K-shaped recovery are more pronounced than ever, with some households prospering while others struggle to keep pace in today’s economy.
Waymo raises $16B at a ~$126B valuation to expand its robotaxi fleet into over 20 cities worldwide, including planned launches in London and Tokyo.
The U.S. launches a $12B strategic reserve of critical minerals — Project Vault — to secure supply chains for key industries and reduce heavy reliance on foreign sources like China.
SpaceX acquires xAI, merging rocket and AI ambitions into a combined company valued at ~$1.25T, aiming to power future computing in orbit as it plans an IPO.
Britain and China pursue new business deals as diplomatic relations ease, with companies from PopMart to JD.com exploring opportunities across trade, tech, and retail.
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Friday’s jobs report is delayed due to the partial government shutdown, highlighting the fragile link between political gridlock and economic life.
On February 2, 2026, SpaceX announced it has officially acquired xAI, Elon Musk's artificial intelligence startup. This merger aims to create an "ambitious, vertically-integrated innovation engine" that combines SpaceX's aerospace expertise with xAI's AI technologies.
Kevin Warsh confronts a volatile economy where theory meets reality, balancing rising rates, inflation, and market uncertainty with seasoned judgment.
Elon Musk has merged SpaceX with his AI startup xAI, creating a combined entity with lofty ambitions in space exploration and artificial intelligence innovation.
Oracle’s $25B bond sale attracted strong demand, easing investor concern about debt tied to AI investments and reinforcing confidence in its strategy to balance spending with financial stability.
Asian stocks rose and metals steadied as recent market volatility eased, lifting regional equities and signaling calmer sentiment after sharp price swings in precious commodities.