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Fed’s Kashkari says inflation is ‘still too high’ even after
Minneapolis Federal Reserve President Neel Kashkari said Wednesday that price growth remained a concern despite the latest data coming in cooler than economists predicted."Inflation is still too high," Kashkari told CNBC's Steve Liesman…
Elon Musk, Palmer Luckey and Newt Gingrich to help Pentagon: Hegseth
The Pentagon is tapping Tesla and SpaceX CEO Elon Musk, defense technology entrepreneur and Anduril co-founder Palmer Luckey and former House Speaker Newt Gingrich to identify the military capabilities, technologies and weapons the U.S.…
Google rolls out Gemini 4 Argon, its most advanced model
Alphabet unveiled Gemini 4 Argon on Wednesday, its most advanced artificial intelligence model yet, offering major improvements in coding, cybersecurity, and complex professional work.The company said the model sets a new record in…
Senate Democrats sink ‘toothless’ stock trading ban, data center bill
Sen. Jon Husted, a Republican from Ohio, speaks during a roundtable on a ratepayer protection pledge in the Indian Treaty Room of the Eisenhower Executive Office Building at the White House in Washington, March 4, 2026.Bonnie Cash |…
Hormuz oil shipments at prewar levels but fuel shipments constrained
Crude oil exports from the Strait of Hormuz have basically returned to levels normal before the Iran war, as U.S. military escorts have boosted shipments and pipelines have redirected flows. Crude transiting Hormuz reached a seven-day…
Fed watchdog finds renovation failures, no grounds for criminal referral
The Federal Reserve's inspector general determined management and oversight failures contributed to major cost overruns in the central bank's headquarters renovation, but found no grounds for a criminal referral, it said in a report…
Stellantis CEO reconfirms 2026 guidance as shares hit new low
Stellantis CEO Antonio Filosa speaks during an event in Turin, Italy, Nov. 25, 2025.Daniele Mascolo | ReutersDETROIT — Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company's 2026 guidance and longer-term cash flow targets…
Trump’s latest global tariffs face trade court challenge
U.S. President Donald Trump listens to a reporters question in the Oval Office at the White House on Sept. 28, 2026 in Washington, DC. Kevin Dietsch | Getty ImagesPresident Donald Trump's near-global tariff policy is being challenged in…
Private sector jobs rose by 90,000 in September, better than expected, ADP
Private job creation picked up in September after a brief slowdown, providing further indication that the U.S. labor market has stabilized, according to an ADP report Wednesday.The payrolls processing firm said company employment rose by…
AI’s coming roadblock in regulation: Antitrust hawks
The push to regulate artificial intelligence faces a big speed bump in Washington: Antitrust hawks. AI companies have asked for narrow antitrust exemptions to collaborate on safety issues as they push Washington to regulate them amid…