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.
Jan 30, 2025 11:07 AM EST
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
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.
Jan 30, 2025 10:46 AM EST
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.
Jan 30, 2025 10:36 AM EST
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.
Jan 29, 2025 12:44 PM EST
U.S. Goods Trade Deficit Widens Sharply in December Amid Import Surge
U.S. goods trade deficit widened sharply in December as imports surged, raising economic concerns amid potential trade policy shifts under Trump.
Jan 29, 2025 12:35 PM EST
Alibaba Unveils Qwen 2.5-Max AI Model, Claiming Superiority Over DeepSeek-V3
Alibaba unveils Qwen 2.5-Max AI model, claiming superiority over DeepSeek-V3, intensifying competition in China's rapidly evolving AI landscape.
Jan 29, 2025 12:18 PM EST
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.
Jan 28, 2025 2:40 PM EST
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.
Jan 28, 2025 2:31 PM EST
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.
Jan 28, 2025 2:22 PM EST
Federal Reserve Set to Maintain Interest Rates Amid Inflationary Concerns
As President Trump unveils his economic plan to rejuvenate the U.S. economy, the Federal Reserve is expected to maintain its current interest rate, balancing efforts to curb inflation with sustaining economic growth.
Jan 27, 2025 9:55 AM EST
Bitcoin Falls to $98,852 Amid Tech Selloff and Fed Rate Concerns
Bitcoin drops to an eleven-day low, driven by tech sector selloff, China's AI competition, and Federal Reserve rate expectations.
Jan 27, 2025 9:39 AM EST
Colombia Reverses Stance on Deportation Flights After U.S. Pressure
Colombia reverses deportation flight ban under U.S. pressure, agreeing to accept migrants after Trump threatened tariffs and visa restrictions.
Jan 27, 2025 9:30 AM EST
U.S. Freezes Foreign Aid, Exempting Military Assistance to Israel and Egypt
The U.S. has frozen most foreign aid, excluding military assistance to Israel and Egypt, during a 90-day review of aid alignment with strategic goals.
Jan 25, 2025 7:18 AM EST
Wall Street Banks to Offload $3 Billion in X Corp. Acquisition Loans
Wall Street banks plan to sell $3 billion in X Corp. loans tied to Musk's Twitter acquisition, addressing debt concerns.
Jan 25, 2025 6:38 AM EST
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.
Jan 25, 2025 6:24 AM EST
China Directs Billions into Stock Market to Revitalize Economy
China mandates state-owned insurers and funds to boost domestic stock investments, injecting billions into markets to stabilize the economy.
Jan 23, 2025 2:36 PM EST
President Trump Assures Europe of U.S. LNG Supply Amid Energy Security Concerns
President Trump pledges to guarantee U.S. LNG supplies to Europe, addressing energy security concerns while raising environmental and trade policy questions.
Jan 23, 2025 2:28 PM EST
U.S. Weekly Jobless Claims Edge Up Slightly, Indicating Stable Labor Market
U.S. weekly jobless claims rose slightly to 223,000, reflecting a stable labor market with strong underlying employment conditions.
Jan 23, 2025 2:20 PM EST
Saudi Arabia Commits to $600 Billion Investment in U.S. Following Trump's Re-election
Saudi Arabia pledges a $600 billion U.S. investment during Trump's second term, strengthening bilateral ties and supporting Saudi Vision 2030 diversification efforts.
Jan 23, 2025 2:14 PM EST
Congress Passes Laken Riley Act Amid Immigration Policy Overhaul
Congress passes the Laken Riley Act, tightening immigration enforcement, sparking debates over public safety, civil rights, and financial implications.
Jan 23, 2025 5:14 AM EST
EU Seeks Closer Economic Integration Amid Shifting Global Dynamics
Ursula von der Leyen calls for deeper EU economic integration and strategic global partnerships to adapt to shifting geopolitical and economic dynamics.
Jan 21, 2025 1:53 PM EST
Wall Street Rallies Amid Strong Earnings and Economic Data
Wall Street rallies as strong earnings and optimism mark Trump's second term. S&P 500 and Dow Jones see significant gains.
Jan 21, 2025 1:41 PM EST
Trump Considers 25% Tariffs on Canada and Mexico, Canada Signals Retaliation
President Trump considers a 25% tariff on Canadian and Mexican imports by February 1, prompting Canada to prepare for retaliation.
Jan 20, 2025 11:12 PM EST
Trump Pardons Over 1,500 January 6 Defendants, Including Key Figures, Sparking Outrage
President Trump pardons over 1,500 January 6 riot participants, including Proud Boys and Oath Keepers leaders, igniting widespread condemnation.
Jan 20, 2025 10:55 PM EST
Trump Reverses Paris Climate Accord, LGBTQ+ Equality Orders on First Day Back in Office
President Trump withdraws the U.S. from the Paris Climate Agreement and rolls back LGBTQ+ protections, sparking widespread criticism.
Jan 20, 2025 10:38 PM EST
TikTok Goes Dark in the U.S. Amid Legal and Political Battles
TikTok ceases U.S. operations following a federal ban, sparking debates on national security, free speech, and future foreign technology policies.
Jan 19, 2025 1:25 AM EST
Biden Declines to Enforce TikTok Ban, Leaving Decision to Trump Administration
Biden defers TikTok ban enforcement to Trump administration, sparking debate over national security and data privacy concerns for U.S. users.
Jan 17, 2025 5:43 AM EST
China's Population Decline and Economic Growth: A Complex Interplay
China's population declines for a third year while economic growth reaches 5% in 2024, highlighting demographic and economic challenges.
Jan 17, 2025 3:07 AM EST
Israel and Hamas Finalize Ceasefire Deal for Hostage and Prisoner Exchange
Israel and Hamas finalize a ceasefire deal, securing the release of hostages and Palestinian prisoners amid ongoing regional tensions
Jan 17, 2025 2:03 AM EST
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