Fed Chair Warsh makes first hires at central bank, including ‘Project 2025’ author
The new Fed chair has made his first hires. One wrote the Fed chapter in conservative policy blueprint “Project 2025.”
OECD warns of global slowdown as U.S.-Iran war stymies economic growth prospects
The OECD has cut its global growth outlook, warning of lasting damage caused by the Middle East conflict.
Perplexity CEO tells CNBC one metric will determine who wins the AI race
Perplexity CEO Aravind Srinivas said that whichever company can provide the “most taken value per watt per user” will be the AI winners in the future.
Big Tech’s AI ambitions pose a major power test for Europe
Japan’s SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region by 2031.
Investors bet humanoid robots will transform industry and homes over the next decade
“Be ready for it,” said one fund manager who sees enormous opportunities in the space.
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
Supreme Court allows Alabama to use congressional map that dilutes Black vote
The ruling is a victory for Republicans, who have sought to retain their slim majority in the House of Representatives by redistricting in various states.
Josh Turek wins Iowa Democratic Senate primary that could shape Democrats’ path to Senate majority
Iowa’s Senate primary between state Rep. Josh Turek and state Sen. Zach Wahls could be critical as Democrats look to take back power in Congress.
Stock futures are little changed after S&P 500 closes at another record: Live updates
The three major indexes rose to fresh record highs on Tuesday.
Oil climbs as U.S.-Iran trade strikes while Trump says negotiations with Tehran underway
U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following “attempted attacks” by Iran.