Trump Plans ‘Genesis Mission’ to Boost US AI Development
US President Donald Trump, Elon Musk, center left, and Nvidia Corp. CEO Jensen Huang, center right, at the…
Trump Tells Congress Don’t ‘Waste’ Time on Obamacare Credits
An empty bed in a room at the emergency department at a hospital in San Diego. (Bloomberg) —…
China Dials Back Budget Spending by Most in Over Four Years
(Bloomberg) — China’s broad fiscal spending slumped in October by the most since at least 2021, crippling a…
Japan’s Takaichi Has Few Options to End China’s Retaliation
(Bloomberg) — Japanese Prime Minister Sanae Takaichi is facing her first major diplomatic test less than a month…
CoreWeave’s Worst-Ever Week Shows AI Traders Are Getting Picky
(Bloomberg) — Money is still pouring in from the race to build out artificial intelligence infrastructure, but traders…
China’s Economy Stumbles After Unprecedented Slump in Investment
(Bloomberg) — China’s economic activity cooled more than expected at the start of the fourth quarter, with an…
Michael Burry’s Scion Fund Is Deregistered, SEC Filing Shows
Michael Burry (Bloomberg) — Michael Burry’s Scion Asset Management has terminated its registration status with the SEC. Most…
Cisco Shares Surge After AI-Fueled Outlook Exceeds Estimates
Cisco Systems Inc. said revenue will be $15 billion to $15.2 billion in the quarter that runs through…
China Deploys ‘Big Data’ in Crackdown on Overseas Trading Income
(Bloomberg) — Chinese authorities stepped up efforts to collect taxes from citizens with overseas investment income as part…
Phil Mickelson-Touted Sable Struggles to Advance Oil Project
(Bloomberg) — One of the most compelling corporate dramas in the US oil industry right now isn’t playing…