Silicon Valley giants announce huge AI spending sprees
Alphabet shares rose on news of a major boost in capital expenditure, while Microsoft and Meta saw shares fall after announcing similar plans.
Alphabet shares rose on news of a major boost in capital expenditure, while Microsoft and Meta saw shares fall after announcing similar plans.
The Senate is likely to leave Washington today even as major benefit cuts are poised to kick in over the weekend.
A Republican senator yesterday blocked Trump from imposing additional tariffs on imports of coffee, in a rare sign of public dissent among the party.
A Gallup survey found that the number of people using GLP-1 drugs has grown from 5.8% of the population in February 2024 to 12.4% today.
The US will halve 20% tariffs imposed over China’s alleged fentanyl trafficking, while Xi agreed to a one-year moratorium on rare-earths export curbs.
‘I think they're going to maintain a conservative posture,’ Sen. Thom Tillis, R-NC, said of the yet-to-benamed new Fed chair.
The drug intermediary overseeing the military’s TRICARE pharmacy program is limiting access to care and overcharging taxpayers hundreds of dollars on average per prescription.
Nvidia on Wednesday became the first publicly traded company to hit a $5 trillion valuation, bolstered by the AI boom and a spate of new deals.
The US Federal Reserve cut interest rates by a quarter-percentage point, but Chair Jerome Powell said the path forward is “not a foregone conclusion."