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Politics
Trump says Exxon and Chevron made ‘too much money’ off high oil prices
US President Donald Trump speaks before signing an executive order in the Oval Office of the White House in Washington, DC on August 3, 2026.Jim Watson | Afp | Getty ImagesPresident Donald Trump said Monday that ExxonMobil and Chevron…
Hugging Face CEO says China is winning the AI race with open models
Hugging Face CEO Clément Delangue said China is winning the artificial intelligence race with open-weight models and could catch up to U.S. model makers as soon as this year. "They're clearly dominating on open models right now, and I…
White House to host AI companies to review new model-testing framework
US President Donald Trump (R) and Open AI CEO Sam Altman (L) react during a working lunch meeting of G7 members, partner countries, and artificial intelligence business leaders as part of the G7 summit, in Evian, eastern France, on June…
Amazon tops $3 trillion market cap as stock continues to surge
Shares of Amazon hit a new all-time high on Monday, putting its market cap over the $3 trillion threshold for the first time following a better-than-expected earnings report last week.Monday's new record is the best day for Amazon since…
SpaceX’s post-IPO plunge sets tense backdrop for first earnings report
Since its first trade on June 12, SpaceX has lost over $500 billion in market cap, a stunning blow to retail investors who jumped into Elon Musk's rocket company at their first opportunity. The stock is coming off its fourth straight…
Senate appears ready to advance Blanche after Cornyn strikes deal
Acting Attorney General Todd Blanche is seen before a Senate Judiciary Committee confirmation hearing for his nomination to be Attorney General, at the Dirksen Senate Office Building in Washington, DC on July 15, 2026. Nathan Posner |…
Pictures show firefighters battling raging wildfires in Greece
Firefighters and Hellenic Civil Protection personnel battle advancing flames during a wildfire near Agios Nektarios in Western Attica, Greece, as firefighting operations continue under difficult conditions. Nick Paleologos | Afp | Getty…
ChatGPT accounts for 80% of identifiable House AI spending
OpenAI CEO Sam Altman speaks with reporters following meetings on Capitol Hill, in Washington, June 3, 2026.Evelyn Hockstein | ReutersOpenAI is dominating the first visible wave of artificial intelligence spending inside Congress.The…
Tourism price wars threaten China’s consumer spending
SHANGHAI, CHINA - JUNE 29, 2026 - Chinese and foreign tourists visit historical buildings at night near the Bund in Shanghai, China on June 29, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images)Cfoto | Future…
U.S. Treasury yields fall as oil prices plunge on Iran de-escalation hopes
U.S. Treasury yields followed oil prices lower on Monday as investors monitor signs of de-escalation in the Iran conflict. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 1 basis…