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Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
Tylenol maker rebounds a day after Trump’s unfounded claims about its safety
Kenvue shares rebounded after Trump linked Tylenol to autism, claims disputed by the company and lacking new scientific evidence.
Nvidia to invest $100 billion in OpenAI to help expand the ChatGPT maker’s computing power
Nvidia will invest $100B in OpenAI to build 10 GW of AI data centers, boosting ChatGPT’s computing power and expanding global AI infrastructure.
Pfizer to buy Metsera in $5B obesity drug deal
Pfizer will acquire Metsera for nearly $5B, boosting its push into obesity treatments with potential oral and injectable drugs.
Google faces antitrust déjà vu as US seeks to break up its digital advertising business
The DOJ seeks to break up Google’s ad business in a new trial, arguing the company abused its monopoly in digital advertising.
Trump, Xi discuss TikTok deal and easing US-China trade war
Trump and Xi discuss a TikTok deal that could keep the app in the U.S. while signaling progress in easing trade tensions between the nations.
FTC, states sue Ticketmaster, saying it forces fans to pay more for concerts and events
The Federal Trade Commission and a bipartisan group of state attorneys general, including Virginia, sued Ticketmaster and its parent company.
Trump asks Supreme Court to remove fed governor Lisa Cook
The Trump administration asked the Supreme Court to oust Fed Governor Lisa Cook, an unprecedented move to reshape the central bank’s independent board.
DC Council approves RFK stadium site for Commanders return
D.C. Council approved the $3.8B RFK Stadium redevelopment plan, clearing the way for the Commanders to build a new home stadium set to open in 2030.
US jobless claims drop after hitting 4-year high
U.S. jobless claims fell by 33,000 to 231,000 after spiking to a nearly 4-year high, as weak labor data drives Fed interest rate cuts.
Scout Motors invests $300M in South Carolina supplier park
Scout Motors adds $300M investment in Blythewood · New supplier park will create about 1,000 jobs · Project boosts total economic impact to nearly
Nvidia invests $5b in Intel, forms data center partnership
Nvidia partners with Intel on custom data centers and PCs, investing $5B in Intel stock as AI demand reshapes the tech industry.
