Meta invests $15 billion for a 49% stake in Scale AI, aiming to lead in AI innovation. This partnership grants access to vital data and talent, positioning Meta ahead of competitors in a high-stakes tech race.
Cara Petersen, CFPB’s acting enforcement director, resigned, criticizing the administration’s efforts to weaken the agency’s mission. Her departure raises concerns about consumer protections amid economic uncertainty, sparking debate over the balance between regulation and industry interests.
Dow futures slide as the latest CPI report signals inflation concerns, while a U.S.-China trade truce framework offers hope for global markets. Investors remain cautious amid uncertainty over Federal Reserve actions and the fragile nature of international negotiations.
The Dow Jones rose slightly amid China trade talks, lagging behind the S&P 500. Tesla stock surged with tech optimism, while a Twinkie maker’s shares plummeted due to market challenges. The mixed market reflects cautious investor sentiment.
GameStop’s stock slides after disappointing Q1 2025 revenue, despite speculation of a bitcoin-related strategy. While crypto buzz fuels intrigue, weak earnings highlight struggles in traditional gaming retail. Can the company balance innovation and recovery?
A woman is suing Costco for millions, alleging a severe injury at one of their stores due to negligence. The high-profile lawsuit raises questions about customer safety in large retail spaces and could impact how companies manage risks.
Cara Petersen, CFPB’s acting enforcement director, resigned with a scathing critique of the Trump administration, alleging interference in the agency’s consumer protection mission. Her exit raises concerns about the future of financial regulation amid political tensions.
Futures dip as investors await updates on U.S.-China trade talks in London. With the S&P 500 up recently, uncertainty lingers alongside an upcoming inflation report. The outcome could reshape global markets and impact businesses worldwide.
Global markets remain stagnant as recent US-China trade talks end with vague outcomes. US stock futures dipped, reflecting investor disappointment. The lack of concrete agreements fuels uncertainty, impacting businesses and trade relations, while experts urge caution amidst ongoing dialogue.
Republican leaders and industry experts warn that a proposed megabill could destabilize U.S. energy production with burdensome regulations. Voiced at a recent summit, their concerns highlight potential economic fallout and supply disruptions, urging a balanced approach to energy policy.
