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Politics
Tariffs on South Korean autos, pharma, to rise to 25%
U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | ReutersPresident Donald Trump said Monday that he was increasing tariffs on…
Nike to lay off 775 employees at U.S. distribution centers
A shopper carries a Nike bag in the Union Square neighborhood of San Francisco, Jan. 21, 2026.David Paul Morris | Bloomberg | Getty ImagesNike is cutting 775 employees as the company looks to boost its bottom line and accelerate its use…
Zoom’s Anthropic investment could be worth $2 billion to $4 billion: Baird
Silas Stein | Picture Alliance | Getty ImagesShares of Zoom popped 11% on Monday after analysts at Baird estimated that the company's investment in artificial intelligence startup Anthropic could be worth between $2 billion to $4…
AI wasn’t the biggest engine of U.S. economic growth in 2025
Meta's 5-gigawatt "Hyperion" data center under construction in Richland Parish, Louisiana, on January 9, 2026.MetaThe popular narrative that artificial intelligence is the engine keeping the U.S. economy alive appears to be overstated,…
American AI coding agents are impressive. But so are China’s
Information on Zhipu's AI service on the web, dubbed Z.ai, arranged on a computer in Shanghai, Jan. 7, 2026.Raul Ariano | Bloomberg | Getty ImagesThere's a new Chinese model gaining buzz among developers: Zhipu AI's GLM 4.7. That in…
GameStop shares move higher after Michael Burry says he’s been buying the
Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange on June 12, 2024.Brendan McDermid | ReutersMichael Burry, the investor made famous by his bet against the U.S. housing market ahead of the…
Treasury cancels Booz Allen contracts after employee leaked
The Booz Allen Hamilton Headquarters on June 20, 2024 in Mclean, Virginia. Kevin Dietsch | Getty Images News | Getty ImagesTreasury Secretary Scott Bessent on Monday said he had cancelled all Treasury Department contracts with the…
Nvidia set to supplant Apple as TSMC’s largest customer
C.C. Wei, CEO of TSMC, and Jensen Huang, CEO of Nvidia, interact on stage during TSMC’s annual sports day in Hsinchu, Taiwan, Nov. 8, 2025. Ann Wang | ReutersWhen Jensen Huang first met Morris Chang decades ago, he told the founder of…
Trump sends Tom Homan to Minnesota to manage ICE after Alex Pretti killing
White House Border Czar Tom Homan speaks on FOX News on the North Lawn of the White House on February 6, 2025 in Washington, DC. Andrew Harnik | Getty ImagesTrump administration border czar Tom Homan will head to Minnesota to manage U.S.…
USA Rare Earth shares jump 20% as Commerce Department takes equity stake
Thomas Fuller | Lightrocket | Getty ImagesUSA Rare Earth shares rallied on Monday after the critical minerals startup announced that the Department of Commerce will take an equity stake. Commerce has issued a letter of intent that would…