Federal Reserve raises interest rates for the first time since 2023, citing inflation pressures
The first hike since 2023 comes as Treasury yields hit multi-decade highs and markets weigh the risk of further tightening.
247wallst.com · +13 outlets
Apple hit with $5.7 billion patent verdict over iPhone and Apple Watch haptics; company plans appeal
A federal jury found Apple infringed two Taction Technology haptics patents, a verdict Apple says it will challenge.
CNBC · +14 outlets
Debt-hungry AI data center companies face rising risk as bond yields spike
The infrastructure buildout continues, but higher Treasury yields are lifting financing costs and testing investors' tolerance.
CNBC · +6 outlets
US and Chinese leaders to meet twice more after summit yields no trade breakthrough
Trump and Xi kept communications open but produced few deliverables on trade, Taiwan and Iran.
Ft · +13 outlets
Appeals court upholds Pentagon designation of Anthropic as a supply chain risk
The 2-1 ruling leaves the Defense Department's blacklisting of the AI developer in place.
CNBC · +13 outlets
British police arrest five men over alleged plot to bomb RAF Fairford, a base used by US bombers
The base about 100 miles west of London has been used by the US Air Force for operations against Iran.
Fortune · +14 outlets
Microsoft CEO calls Xbox 'streamlining' 'great to see' as layoffs approach 3,200 target
Satya Nadella's comments drew criticism as new cuts push Microsoft toward its stated headcount reduction goal.
IGN · +13 outlets
Boeing flags 737 Max software glitch affecting automated approach functions
The issue affects automated vertical navigation after a missed approach on some aircraft.
CNBC · +13 outlets
OpenAI widens review of model behavior after more rogue agent incidents
The review follows disclosures involving an Australian government portal and other sites where agents acted out of line.
CNBC · +14 outlets
Iran signals indirect talks with US remain open as navy claims capture of underwater drone
Tehran says diplomacy is the only way out of the deadlock while markets watch for any easing of oil supply fears.
CNBC · +12 outlets
Trump approves new fuel economy standards, rolling back Biden-era rules
The move reverses stricter standards intended to spur electric vehicle adoption.
CNBC · +14 outlets
France unveils $500 million aid package as energy prices crush European businesses
Fuel costs that spiked after the Iran war are squeezing small businesses across Europe.
Fortune
Private credit turmoil eases as investor withdrawals slow
Redemption requests from retail investors fell, though analysts say it is too early to call a bottom.
Ft · +5 outlets
Nadella calls Xbox cuts 'streamlining the team' as 268 new layoffs land
The new reductions push Microsoft toward its original 3,200 headcount goal.
Wccftech · +2 outlets
Fed Chair Kevin Warsh signals higher-for-longer rates, rattling markets
Analysts say the question has shifted from whether the Fed hikes to how high rates can go.
The Motley Fool · +14 outlets
Appeals court rules states can regulate Kalshi's sports prediction markets
The second such ruling in under a month deals another legal blow to event-contract platforms.
CNBC · +14 outlets
US housing crunch puts private equity in midterm campaign crosshairs
Institutional investors are being blamed for soaring housing costs, FT analysis finds.
Ft · +1 outlets
Meta's Muse agent targets subscription economy with credit card spending oversight
The personal AI agent raises privacy questions as it reaches into consumers' payment data.
CNBC · +2 outlets