The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.
U.S. strikes Iran before Hormuz Strait blockade restarts
President Donald Trump has said the U.S.-Iran ceasefire is over following multiple flare-ups of hostilities in the region.
ICE suspends vehicle stops for U.S. immigration enforcement, Reuters sources say
The policy shift came one day after an ICE officer killed a driver in the coastal Maine town of Biddeford, about 15 miles south of Portland.
Paramount still plans to close WBD merger by end of September despite lawsuit
Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general.
E. Jean Carroll receives $5.6M from Trump in sex abuse, defamation case: Court filing
A federal judge recently ordered Trump to pay Carroll, rejecting his last-ditch efforts while noting that he “has been stalling this case for years.”
Supreme Court Justice Barrett says ‘the threat level is really high’ in budget testimony
Supreme Court Justices Amy Coney Barrett and Elena Kagan are testifying about the high court’s budget request, which includes higher spending for security.
Frontier Airlines to debut in-flight Wi-Fi in 2027 with SpaceX’s Starlink
Frontier is signing with Starlink for in-flight Wi-Fi, with service debuting as early as next year.
Sen. Tim Scott wants to hear from Warsh on data centers and artificial intelligence
Sen. Tim Scott, R-S.C., will host Kevin Warsh before the Senate Banking Committee on Wednesday for his first time testifying as Fed chairman.
Business declares war on Pentagon stock buyback, dividend restrictions moving in Senate
The provision was pushed by Sen. Elizabeth Warren, D-Mass., and was included in the National Defense Authorization Act on a bipartisan basis.
U.S. completes latest round of strikes against Iran, while Tehran targets Gulf neighbors
The U.S. has completed a third consecutive night of strikes against Iran, as Tehran targets U.S. military facilities in the region.