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Politics
Three words from Kevin Warsh have Wall Street wondering how far the Fed
Federal Reserve Chair Kevin Warsh speaks during a news conference at Federal Reserve headquarters in Washington, Sept. 16, 2026. Warsh discussed the central bank's decision to raise interest rates for the first time since 2023 at a press…
JPMorgan, Citigroup CEOs Dimon, Fraser at Trump-Xi state dinner
Chairman and CEO of JPMorgan Chase & Co. Jamie Dimon speaks during the special event "Liberty Lights" at the Statue of Liberty to celebrate the 250th anniversary of US independence on Liberty Island in New York City, on July 1,…
Automakers urge Trump to bar Chinese automakers in U.S.
President Donald Trump greets Vice President of China Han Zheng as SpaceX CEO Elon Musk, U.S. Ambassador to China David Perdue and Nvidia CEO Jensen Huang look on at Beijing Capital International Airport on May 13, 2026.Alex Wong | Getty…
California Gov. Newsom issues executive order to rein in AI
Governor Gavin Newsom attends the 94th Annual Meeting of the United States Conference of Mayors in Long Beach, California, June 4, 2026.Myraneli Fabian | Anadolu | Getty ImagesCalifornia Gov. Gavin Newsom on Friday issued an executive…
Is China’s AI progress really down to ‘distillation’?
This report is from this week's The Tech Download newsletter. Like what you see? You can subscribe here.In the battle for AI supremacy between the U.S. and China, "distillation" has become a hot topic.The term broadly refers to the…
Fed staff should have known Silicon Valley Bank was vulnerable: report
U.S. Federal Reserve Board Vice Chair Michelle Bowman testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on an update from the Prudential regulators, on Capitol Hill in Washington, D.C., U.S., Feb. 26, 2026.…
Warren Buffett steps down as Berkshire chairman
Warren Buffett is stepping down as chairman of Berkshire Hathaway, the sprawling conglomerate worth $1 trillion that he has led since 1965. The 96-year-old legendary investor announced the move in a letter to shareholders Friday. Buffett…
Nestle weighs options after Putin moves to seize Russian assets
Boxes of cereal manufactured by Nestle SA sit on shelves amongst other goods inside an Essen hypermarket operated by ZAO Essen Production AG, in Naberezhnye Chelny, Russia, on Saturday, Aug. 27, 2016.Bloomberg | Bloomberg | Getty…
Treasury yields little changed as volatile week wraps up
Treasury yields were mixed on Friday morning, as investors continued to look for clues on the trajectory of monetary policy. The yield on the benchmark 10-year Treasury was flat at 4.951% as of 4:45 a.m. ET. Yields on the 2-year Treasury…
Brent, WTI, Saudi Arabia, Houthi
Oil and natural gas facilities are seen along the Houston Ship Channel as Tropical Storm Edouard makes its way through Greater Houston, Tuesday, Sept. 1, 2026. (Photo by Jason Fochtman/Houston Chronicle via Getty Images)Jason Fochtman |…