OpenAI’s Acquisition of Jony Ive’s io: Implications and Vision
OpenAI is acquiring Jony Ive’s device startup, a young company called io, in an all-stock deal valued at roughly $6.5 billion, marking OpenAI’s largest-ever acquisition.
The...
Blackstone Makes $11.5 Billion Bet on the Southwest Power Grid
Blackstone Infrastructure has agreed to take TXNM Energy private for $61.25 a share in cash, valuing the New Mexico- and Texas-based utility at roughly...
Warren Buffett Plans to Retire This Year
Warren Buffett, one of the worlds most successful investors and also among the ten richest people in the world, says he plans to retire...
Semiconductors and Pharma Face Pressure: Trump’s Latest Tariff Focus
President Trump’s latest round of tariff announcements have shaken markets again. First, he paused duties on certain consumer electronics.
Now he’s shifting his focus...
US Pulls Back Tariffs on Phones, Laptops, and Other Electronics
Relief for tech giants. But the story isn’t over.
The Trump administration has exempted smartphones, computers, and a range of other electronics from its harshest...
Wall Street Rallies But Markets Are Still Shaking
It's the end of what can only be called an incredibly tumultuous week for markets (not just in the US, but worldwide).
The S&P 500...
US Consumer Sentiment Sinks to Near Record Low
Consumer confidence in the United States has dropped sharply, again.
The University of Michigan’s preliminary April reading places the Index of Consumer Sentiment at...
US Inflation Cooled in March, but Will It Last?
US inflation cooled in March, offering consumers brief relief as gasoline and used vehicle prices fell. However, that current trend may reverse as steep...
Trump Freezes Global Tariffs – Except China, Which Faces 125% Hit
In a move that caught even his own trade team off guard, President Donald Trump has announced a 90-day pause on higher tariffs for...
Most Americans Expect Prices to Rise Under New Tariffs, Ipsos Poll Shows
A recent Reuters/Ipsos poll conducted April 4–6 reveals that most Americans are aware of the new tariffs announced by President Donald Trump and expect...