In a significant move to bolster the domestic semiconductor industry, the U.S. Commerce Department has approved a $406 million grant for Taiwan’s GlobalWafers. This funding is aimed...
Investors on Wall Street are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. The Data: A post...
Softbank SFTBY CEO Masayoshi Son is expected to declare a $100 billion investment in the United States during a meeting with President-elect Donald Trump at Mar-a-Lago, Palm Beach, Florida on Monday....
The United States has announced a ban on investments in China’s semiconductor and AI sectors, potentially affecting Tesla, Inc. TSLA and its operations in the region....
The Southeastern U.S. has been severely impacted by Hurricane Helene, resulting in at least 64 fatalities and leaving millions without electricity. The hurricane has inflicted significant...
Goldman Sachs CFO Denis Coleman stated that the Federal Reserve’s recent decision to lower interest rates by 50 basis points positions the U.S. economy for a...
U.S. banks have reportedly gained a $1 trillion windfall due to the Federal Reserve’s prolonged period of high interest rates. What Happened: The Federal Reserve maintained...
An upcoming revision of official jobs data could affect the Fed’s September decision on interest rates. New data to be released by the U.S. Bureau of...
Billionaire and NBA team owner Mark Cuban has not been one to shy away from sharing his opinion on other billionaires, including Elon Musk, who he...
Netflix Inc. NFLX has decided to discontinue its most affordable ad-free subscription plan in the United States and France beginning Thursday. What Happened: In a letter to shareholders,...
MGM Resorts International MGM shares are trading slightly higher in premarket today. The entertainment company announced that its subsidiary, LeoVegas Group, has agreed to acquire the...