Biden administration blocks Japanese company's acquisition of US Steel, citing national security concerns. Experts disagree, saying it would hurt economy and US-Japan relations.
China invests $25 billion in chipmaking equipment, surpassing spending by South Korea, Taiwan, and the U.S. This could impact top chipmakers and suppliers like NVIDIA and ASML.
The SEC voted to change reporting times for mutual funds and ETFs from quarterly to monthly, providing more transparency and timely information for investors.
Decommissioned Michigan nuclear plant revived by Holtec after shut down by Entergy in 2022 due to high costs. Growing AI and data center demand for energy drives renewed interest in nuclear power.
New agreement between Meta & Universal Music confirms social media's role in increasing revenue streams for major artists. Includes Whatsapp & AI concerns.
Donald Trump wants to have a say in monetary policy and interest rate decisions by the Fed. This could impact the Fed's independence and effectiveness.
Global temperatures continue breaking records in July 2024. This trend is caused by human impact on the climate and led to extreme weather events and potential investment opportunities in companies producing air-conditioning units.
Battered tech sector suffers as global sell-off pulls markets towards bear territory. US unemployment uptick reignites recession fears. Nasdaq Composite worst hit.