As the European Union prepares to enforce the world's first comprehensive artificial intelligence regulations, Meta's recent refusal to sign the bloc's AI Code of Practice has set the stage for what could become the defining tech regulatory battle of this decade. The standoff highlights
As Mario Nikiprelji stood up mid-flight aboard Skywest #383 on July 7, fellow passengers initially thought little of it. Minutes later, the Nebraska man would allegedly attempt to open an emergency exit at 30,000 feet, triggering an emergency diversion and becoming the latest statistic in what aviation authorities are
President Donald Trump signed the "Guiding and Establishing National Innovation for U.S. Stablecoins Act" into law today, marking a watershed moment for cryptocurrency regulation in the United States. The bipartisan legislation, colloquially known as the "GENIUS Act," represents the first comprehensive federal framework for digital
After a protracted legal battle that kept the energy sector in suspense for over a year, Chevron Corporation has finally completed its acquisition of Hess Corporation in a deal valued at approximately $53 billion. The announcement, made on July 18, 2025, marks the culmination of one of the most closely
In a watershed moment for cryptocurrency regulation in the United States, the House of Representatives concluded its highly anticipated "Crypto Week" with the passage of three groundbreaking bills that establish a comprehensive regulatory framework for digital assets. The legislative package, which garnered substantial bipartisan support, represents the most
As financial markets navigate the uncertain waters of mid-2025, a constitutional showdown between the White House and the Federal Reserve threatens to upend the global economic order. President Donald Trump, back in office and increasingly frustrated with the Federal Reserve's monetary policy, has reportedly been exploring options to
The relationship between the White House and the Federal Reserve has entered turbulent territory as former President Donald Trump, eyeing another term, publicly shifted his strategy for potentially removing Fed Chair Jerome Powell from office. What began as policy disagreements has evolved into more specific allegations, sending ripples through financial
Goldman Sachs delivered a stunning financial performance in the second quarter of 2025, dramatically exceeding analyst expectations and silencing critics who had questioned the investment banking giant's strategic direction. The firm reported net revenues of $14.58 billion and net earnings of $3.72 billion, with earnings per
The latest Consumer Price Index figures released today paint a concerning picture of America's economic landscape, as inflation continues its upward trajectory despite earlier predictions of moderation. Behind the numbers lies a complex web of factors – most notably the delayed impact of extensive tariff policies implemented in the
In a dramatic reversal of U.S. technology export policy, NVIDIA has secured approval from the Trump administration to resume selling its advanced H20 artificial intelligence chips to China, ending months of restrictions that had threatened the company's position in one of its most lucrative markets. The decision,
As financial markets navigate the complex landscape of mid-2025, a convergence of economic indicators is painting an increasingly cautious picture for the remainder of the year. The Federal Reserve's April Financial Stability Report, coupled with subsequent analysis from leading financial institutions and academic researchers, suggests that beneath the
The United States stands at an economic inflection point as sweeping tariff policies implemented over recent months ripple through every sector of the economy. With the highest effective tariff rates in over a century, American businesses, consumers, and trading partners are navigating a dramatically altered commercial landscape that experts project