General news and analysis from attributed public sources.
Nvidia, Oracle, CoreWeave and other AI stocks sink on OpenAI revenue report
Shares of artificial intelligence infrastructure and software companies fell sharply on Thursday after OpenAI disclosed that its annualized revenue st…
Inflation on many everyday items was entirely due to tariffs, NY Fed says
The New York Federal Reserve found that tariffs imposed during President Donald Trump's second term drove up prices on 67 categories of consumer goods…
Trump says he is not keen on a deal with Iran as U.S. reportedly prepares for 'massive bombing'
Trump rejected a negotiated settlement with Iran on Wednesday, stating at a campaign rally in San Antonio, Texas that "the deal isn't really something…
Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May 2023
The New York Federal Reserve's Survey of Consumer Expectations recorded a sharp uptick in inflation concerns in September, with the median one-year in…
Oil rises as concerns over Houthi attacks on Saudi Arabia eclipse supply recovery
Oil futures advanced Wednesday as geopolitical tensions in the Middle East offset supply gains, with international benchmark Brent crude for December …
Trade deficit hits $105.6 billion, widest since just before Trump tariffs enacted last year
The U.S. trade deficit widened to $105.6 billion in August, the Commerce Department reported Tuesday, marking the broadest gap since March 2025 and ex…
Trump offers U.S. help to Russia after plague death; WHO assesses the situation as low risk
Trump has offered U.S. assistance to Russia following the death of a laboratory worker at a plague research institute in Siberia's Irkutsk region. The…
GM says hybrid vehicles are coming: 'We're not tone deaf to our customers'
General Motors will introduce hybrid vehicles into its U.S. lineup, the automaker confirmed, as sales of hybrids surge amid soft demand for all-electr…
Trump tells South Korea to sign on to Alaska LNG deal or 'I'll just charge them more'
Trump has threatened to charge South Korea higher rates on unspecified terms if Seoul does not quickly sign on to a $50 billion Alaska LNG project, cr…
A 'weird' IPO pull, a tainted reputation and the stalled breakout moment for AI wearables
Oura postponed its initial public offering on Tuesday, citing "uncertainty in the IPO market," but analysts questioned whether broader concerns about …
Tesla’s Cybercab had a rocky first month in Austin. Now comes the hard part: expanding
Tesla has increased its Cybercab fleet authorized for commercial operation in Austin from 45 vehicles at launch on Sept. 3 to 169 as of Friday, accord…
David Ellison just brought in a co-CEO to run his new empire: Meet Ynon Kreiz
David Ellison appointed Ynon Kreiz as co-CEO of the combined Paramount Skydance and Warner Bros. Discovery entity, which closes as "Skydance" on Tuesd…
America’s data center fight is a preview of what's to come for the rest of the world
Public opposition to data center construction is accelerating across Europe and Asia, creating investment risks that mirror growing pushback already a…