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Politics
Warsh sprints ahead in Fed chair race, prediction markets show
President Donald Trump on Friday said he'd prefer to keep National Economic Council Director Kevin Hassett in his position as top economic advisor, a statement that could change the dynamic in the race to see who will replace Jerome…
Billion-dollar AI startup founders are getting younger — here’s why
Aexander Wang, CEO of Scale, attends an AI summit in Paris in February 2025.Getty ImagesThe founders of some of the world's most successful startups have been young: Think Bill Gates or Mark Zuckerberg, both of whom were just 19 when…
Musk’s xAI faces tougher road expanding Memphis area after EPA update
Elon musk and the xAI logo.Vincent Feuray | Afp | Getty ImagesThe Environmental Protection Agency closed a loophole this week that Elon Musk's xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk's…
Micron stock climbs as CEO highlights AI demand for memory
Micron stock rose nearly 8% Friday as investors looked to buy AI chip supply chain stocks after Taiwan Semiconductor Manufacturing Co. reported robust earnings on Thursday, signaling continued AI infrastructure spending.Shares of Micron,…
Labor Dept. accused of echoing Nazi slogan in social media post
A sign is displayed at the U.S. Department of Labor Frances Perkins Building on June, 2025 in Washington, DC.Kevin Carter | Getty ImagesA controversial social media post from the Department of Labor has poured gasoline on…
Airlines to save on fuel as weight-loss pills grow popular, Wall Street
Celsopupo | Istock | Getty ImagesWall Street is finding an unexpected beneficiary of America's weight loss boom: airlines.With the first GLP-1 weight loss drug now available in pill form, analysts at Jefferies say broad adoption across…
OpenAI chip deal with Cerebras adds to roster of Nvidia, AMD, Broadcom
Open AI CEO Sam Altman speaks during a talk session with SoftBank Group CEO Masayoshi Son at an event titled "Transforming Business through AI" in Tokyo, on Feb. 3, 2025.Tomohiro Ohsumi | Getty ImagesIn November, following Nvidia's…
Expect ‘deliberately outlandish’ claims from Musk
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesOpenAI sent a letter Thursday to investors…
ASML hits record high on AI boost and analysts see further room to run
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.Peter Boer | Bloomberg | Getty ImagesDutch semiconductor equipment company ASML has held gains to hit record highs,…
Novo Nordisk shares rise after Wegovy obesity pill launch
A pharmacist displays a box of Wegovy pills at a pharmacy in Provo, Utah, US, on Thursday, Jan. 15, 2026. George Frey | Bloomberg | Getty ImagesShares of Novo Nordisk rose more than 5% on Friday after early prescription data showed an…