DeepSeek's Use Of Nvidia AI Chips Prompts Lawmakers To Urge Trump For Export Restrictions
The latest AI model launched by DeepSeek has been making extensive use of Nvidia's chips.
A Look at Recent Strategic Leadership Changes in the Mining Industry and Solaris Resources
Solaris Resources, a copper exploration and development company with its flagship Warintza Project in Ecuador, recently appointed a new CEO to navigate the company's plan to migrate from Canada to...
Millennials Hold Trillions In Wealth—Yet 'Phantom Wealth' Keeps Them Feeling Poor
The reason behind the so-called "phantom wealth" of millennials is quite interesting.
Costco Boosts Hourly Pay To Over $30 Amid Union Tussle, DEI Backlash
Costco Wholesale plans to raise hourly wages for most U.S. store workers to over $30 as part of a phased approach over three years, despite ongoing contract negotiations with the Teamsters union and...
OpenAI Targets $340B Valuation In New Funding Round
Global tech investor SoftBank Group is in discussions to lead the round, with plans to contribute between $15 billion and $25 billion.
Wells Fargo's Co-CEO of Corporate and Investment Banking, Jon Weiss, Announces Retirement
Wells Fargo's Jon Weiss to retire as Co-CEO of Corporate & Investment Banking, with Fernando Rivas set to assume sole leadership.
European Central Bank Reduces Interest Rates, Signals Potential for Further Easing
ECB cuts interest rates by 25 basis points, signaling potential further easing amid economic uncertainty and persistent inflation concerns in the Eurozone.
Chances Of Bitcoin Reserve During Trump's First 100 Days Crash On Polymarket
Donald Trump signed an executive order on blockchain and crypto earlier this month, and it appears to have affected hopes for a national strategic Bitcoin reserve, considering how the president...
Jan 31, 2025 8:45 AM EST
Featured Stories
Meta Agrees To $25 Million Settlement With Donald Trump Over Account Suspension
Meta has agreed to a $25 million settlement with Donald Trump over his suspended accounts following the Capitol riot, amid rising tensions between tech firms and political figures.
Trump Administration Halts Federal Grants And Loans Pending Comprehensive Review
Trump's executive order pauses federal grants and loans, sparking debate over spending priorities, legal challenges, and potential disruptions nationwide.
Tech Titans Face Unprecedented Losses Amid DeepSeek's AI Breakthrough
DeepSeek, a Chinese AI startup, has sent shockwaves through global tech markets with its groundbreaking AI model, triggering a $1 trillion selloff in U.S. stocks.
Business News
Microsoft And Meta CEOs Defend Substantial AI Investments Amid DeepSeek's Market Disruption
Microsoft and Meta defend their significant AI investments, despite challenges posed by DeepSeek's cost-effective models disrupting the industry.
Jan 30, 2025 11:01 AM EST
SEC Asks Public To Comment On Proposed $LTC ETF, Pumping Litecoin Near $130
The SEC has "acknowledged" Canary Capital's filing for a Litecoin ETF, pushing $LTC prices higher and triggering a wave of excitement among Litecoin users who believe $LTC is the better coin than Bitcoin.
Federal Unions Urge Workers To 'Say NO' To Trump's Deferred Resignation Program, Lawsuit Filed
Trump administration's "Fork in the Road" email offers federal employees the option to stay on payroll until Sept. 30 without working in person. Workers have until Feb. 6 to decide on the offer.
Trump Media & Technology Group Ventures into Cryptocurrency with Truth.Fi
Trump Media & Technology Group launches Truth.Fi, expanding into cryptocurrency and financial services, sparking investor enthusiasm and political scrutiny.
World
U.S. Consumer Confidence Declines Sharply in January Amid Economic Uncertainty
U.S. consumer confidence declined in January amid inflation and labor market concerns, highlighting economic uncertainty and policy challenges ahead.
Markets
$JUP And $HYPE: The Altcoins Defying Gravity Amid A Market-Wide Downturn
Two altcoins defied Monday's crypto bloodbath as Bitcoin and other major cryptocurrencies bled out in a market-wide dump that only the fittest digital coins could have survived.
Tech
Personal Finance
Global Tech Stocks Decline Amid Emergence of China's DeepSeek AI Application
China's DeepSeek AI app disrupted global markets, challenging U.S. dominance, causing tech stock declines, and sparking renewed concerns over AI competition and international regulations.
Life
Surge in U.S. Arms Exports Amid Global Demand and Geopolitical Tensions
U.S. arms exports hit a record $318.7 billion in 2024, driven by global demand to replenish inventories and address security concerns.
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