President Trump is entering a new phase of deal-making, focusing on technology and its most sought-after commodity: artificial intelligence. This shift includes discussions with Middle Eastern entities and […]
Governor Kugler’s Economic Outlook Speech
Governor Kugler delivered a speech focusing on the current U.S. economic outlook and the implications of evolving trade policies. While recent data indicate a resilient economy, growth is […]
Zepbound Outperforms Wegovy in Weight Loss Trial
In a recent head-to-head clinical trial, Eli Lilly’s Zepbound demonstrated superior weight loss outcomes compared to Novo Nordisk’s Wegovy. Participants using tirzepatide, marketed as Zepbound, lost an average […]
OpenAI’s Stargate Project Faces Hurdles Due to Tariff Concerns
OpenAI’s Stargate data center project is encountering delays due to tariff-related economic uncertainty, as reported by Bloomberg. Market volatility and reduced costs for AI services have made investors […]
MarketWatch: Trade Policy Shift Marks Another Retreat by the Trump Administration
The Trump White House’s recent trade policy changes represent a step back in its approach, according to MarketWatch. This shift reflects broader economic considerations and potential impacts on […]
Treasury Yields Rise Amid Optimism Over U.S.-China Trade Deal
Treasury yields increased on Monday following a trade agreement between the U.S. and China to reduce tariffs on each other’s goods. The 10-year Treasury yield rose by 5.8 […]
Nissan Plans Additional Job Cuts Amid Restructuring Efforts
NHK reports that Nissan is planning to cut over 10,000 more jobs as part of its ongoing restructuring efforts. The Japanese automaker is responding to weak sales in […]
Morning Bid: Progress in U.S.-China Trade Talks Spurs Market Relief
A review of the day ahead in European and global markets by Wayne Cole. Negotiators from the U.S. and China described recent trade talks as ‘constructive’ and an […]
NRG Energy Acquires LS Power Portfolio in $12 Billion Deal
NRG Energy has agreed to acquire a premier power portfolio from LS Power in a $12 billion deal, marking a significant move to meet growing power demand. This […]
SoftBank’s Stargate AI Investment Plans Encounter Delays Amid Tariff Concerns
SoftBank Group Corp.’s ambitious plan to invest $100 billion in artificial intelligence infrastructure in the U.S. has encountered delays. Economic risks tied to Washington’s tariffs have stalled financing […]