Donald Trump sharply criticized Federal Reserve Chairman Jerome Powell, calling for an interest rate cut to boost the economy. Joined by allies like JD Vance, Trump’s remarks highlight tensions over the Fed’s policies amid inflation and uncertainty, raising questions about central bank independence.
A surprising surge in early Social Security claims reflects growing fears about future benefits amid political uncertainty. Many Americans are opting for immediate payouts, risking lower lifelong payments, as concerns over policy changes and economic pressures mount.
President Trump’s upcoming Federal Reserve Chair pick is generating buzz, with an announcement possibly imminent. Contenders include a seasoned economist, a former Fed official, and a business outsider. This critical decision will shape U.S. monetary policy amid economic challenges.
A cyberattack on major grocery supplier UNFI has disrupted the supply chain, leaving supermarket shelves bare this weekend. Shoppers face shortages and potential price hikes as retailers scramble for solutions. The incident highlights the growing threat of digital breaches in critical industries.
The U.S. dollar hits a three-year low after President Trump’s threat of new tariffs on trading partners within two weeks. Financial markets reel as investors seek safe-haven assets, fearing a trade war and economic fallout.
Oracle’s stock surged after a ‘stunning’ earnings report, driven by strong cloud services growth. Analysts praise its innovation in AI and strategic client contracts, though challenges loom. This performance reaffirms Oracle’s market relevance.
New Era Helium is advancing AI infrastructure in the Permian Basin through hyperscaler talks and board expansion. Leveraging helium for data center cooling, the company aims to meet growing AI demands, blending energy expertise with tech innovation.
Britain’s economy shrank sharply in April, driven by a record drop in exports to the U.S. due to Trump’s tariffs. This downturn has hit key industries hard, sparking concerns about trade vulnerabilities and prompting calls for government action amid ongoing global economic challenges.
Family offices, managing ultra-rich wealth, face a talent crisis beyond high salaries. Evolving expectations for purpose, growth, and work-life balance challenge traditional structures. To attract and retain top professionals, these firms must innovate and prioritize employee fulfillment over mere financial rewards.
Oklo’s stock surged with a DoD deal, despite a dip from a stock offering. Amid Trump’s ‘AI revolution’ focus, the nuclear energy firm gains traction for powering tech’s energy needs with innovative reactors, balancing growth potential and market challenges.
