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Amazon planning $10B investment for North Carolina data center and AI campus
Amazon will invest $10B in a North Carolina AI and cloud campus, creating 500 jobs and boosting infrastructure in Richmond County, a rural textile region.
Trump speaks with Xi amid stalled talks between the US and China over tariffs
U.S. President Donald Trump and Chinese leader Xi Jinping spoke amid stalled tariff negotiations that have roiled global trade.
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
Fed lifts Wells Fargo's 2018 asset cap, citing progress in culture and compliance reforms.
Meta’s nuclear deal signals AI’s growing energy needs
Meta signs 20-year nuclear energy deal with Constellation as tech giants seek cleaner power to meet AI’s surging electricity demands.
Dollar General hits record $10.44B in quarterly sales
Dollar General posts $10.44B in record quarterly sales and raises outlook as consumers shift to discount retailers amid economic uncertainty.
China blasts US chip export bans and student visa plans
China slams new US restrictions on AI chip exports and student visas, threatening retaliation over advanced technology competition.
EU plans countermeasures against US steel tariffs
The EU warns of “defensive” actions if trade talks with the US fail, following surprise steel tariffs that shook global markets.
30-year mortgage rates climb to 6.89%, highest since Feb
U.S. 30-year mortgage rates rise to 6.89%, their highest level since February, pushing borrowing costs up and slowing home sales.
States offer big incentives for data centers’ growth
States across the U.S. are competing to attract data centers by offering major incentives and tax breaks, sparking pushback in local communities.
Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%
WEST MIFFLIN, Pa. (AP) — President Donald Trump said Friday that he’s doubling the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods. Trump spoke at U.S. Steel’s Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania, nea[...]
Trump gives Musk Oval Office sendoff, crediting him with ‘colossal change’
Elon Musk steps down from the Department of Government Efficiency. Trump praises his reforms, while critics note deep budget cuts and confusion.
DOJ seeks to drop Boeing fraud charge in 737 Max case
DOJ seeks to dismiss Boeing's 737 Max fraud charge after $1.1B deal; judge to decide on the motion.
