Trump says he wants interest rate cut to 1%, would ‘love’ if Powell resigned
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June 2025
Trump says he wants interest rate cut to 1%, would ‘love’ if Powell resigned
By Trevor Hunnicutt and Kanishka Singh WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he would “love” if Federal…
OpenAI turns to Google’s AI chips to power its products, The Information reports
(Reuters) -OpenAI has recently begun renting Google’s artificial intelligence chips to power ChatGPT and other products, The Information reported on…
California legislature acts to keep film and TV production at home
By Lisa Richwine (Reuters) -Hollywood’s home state of California will more than double annual tax incentives for film and television…
Microsoft’s next-gen AI chip production delayed to 2026, The Information reports
(Reuters) -Microsoft’s next-generation Maia AI chip is facing a delay of at least six months, pushing its mass production to…
Texas Instruments plans $60 billion US investment amid Trump’s onshoring push
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Private equity sits on $1 trillion amid uncertainties, M&A stalls, PwC says
By Sabrina Valle NEW YORK (Reuters) -Private equity firms are holding about $1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said…
Texas Instruments plans $60 billion US investment amid Trump’s onshoring push
(Reuters) -Texas Instruments said it would spend more than $60 billion to expand its U.S. manufacturing footprint, the latest chipmaker…
EV maker VinFast sets up first dealership in California
(Reuters) -VinFast said on Wednesday its first dealership in San Diego, California, is set to begin operations this month, as…
Stablecoins’ market cap surges to record high as US senate passes bill
(Reuters) -The total market capitalization of stablecoins surged to a record high on Wednesday, data showed, as the U.S. Senate…