-
Only 5% of US Car Buyers Choose Electric Vehicles
The SHOCKING Truth About EV Demand in 2025. It's NOT GOOD.
-
Chinese Brokerages, Funds Rush to Embrace AI
Tiger Brokers said Tuesday it embedded DeepSeek's model into its AI-powered chatbot, as brokerages and money managers race to capitalize on the Chinese start-up's artificial intelligence breakthrough, and develop use cases for the financial industry.
-
Fed's Waller: Trade Uncertainty Shouldn't Paralyze Rate Moves
Federal Reserve Governor Christopher Waller said his "baseline" view is that the Trump administration's new tariffs will have only a modest impact on prices that the central bank should try to look through in setting monetary policy.
-
EVs Promised a Clean Future But Created Nightmares
President Trump has promised Californians who lost their homes in the wildfires that he will do all he can to expedite the cleanup. We urge burned out homeowners to take him at his word and let the experts dispose of the cars that promised a carbonless future.
-
Trump Metals Tariffs Propel Gold, Pressure China Steel
U.S. President Donald Trump's 25% tariffs on steel and aluminum sent gold to record highs on worries of widening trade conflict and inflation, while some countries held out hope for negotiations and Chinese steel firm shares came under pressure.China, the biggest steel...
-
Vance Protests 'Excessive AI Regulation' at Summit
Vice President J.D. Vance on Tuesday warned global leaders and tech industry executives that "excessive regulation" could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI's risks.
-
London Gold Vault Holdings Drop 1.7% on US Exports
The amount of gold stored in the London vaults fell 1.7% month on month to 8,535 metric tons worth $771.6 billion in January due to a rush in shipments to the United States, the London Bullion Market Association said.
-
Trump Calls for Air Traffic Control Upgrades
Striking a somber but still hopeful tone, President Donald Trump participated in the National Prayer Breakfast at the Capitol on Thursday, calling for a religious revival in America, lamenting fate, and seeking Congress' help to reform U.S. air traffic control systems.
-
Fed Falls in Line With Trump's Bullish Crypto Approach
When Federal Reserve Chair Jerome Powell took to the podium last week to announce that interest rates would remain unchanged, his remarks on cryptocurrencies sent an unmistakable signal: the financial establishment is finally acknowledging crypto's role in the future of...
-
ChatGPT Rolls Out at Calif. State, Targeting Higher Ed
Microsoft-backed OpenAI said on Tuesday it will roll out an education-specific version of its chatbot to about 500,000 students and faculty at California State University as it looks to expand its user base in the academic sector.
-
Gold Hits Record $2,790 as Traders Stockpile $82B
New York bullion traders have amassed a $82 billion stockpile of gold on fears of Trump tariffs on commodities, The Financial Times reports.
-
Big Tech Faces Heat as DeepSeek Sows Doubts on Multi-Billion Spending
Chinese startup DeepSeek's cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week's much-awaited results from industry bellwethers.
-
Tech Stocks Lose Over $1 Trillion on DeepSeek Upset
Major U.S. technology stocks - including Nvidia, Microsoft, and Tesla - lost a colossal $1 trillion market cap Monday on fears of disruption from an advanced artificial intelligence startup from China called DeepSeek.
-
Is the Car Market CRASHING in 2025?
Cars continue to get more expense every year. Since the pandemic, prices have increased an average of $10,000. Consumers can't afford these vehicle and a price decrease is desperately needed.
-
Hedge Funds Paused US AI Bets as DeepSeek Arose
Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was emerging to challenge U.S. dominance in the sector, a Goldman Sachs note said.
-
Trump's Tariffs May Help the Electric Car Industry
As the automotive industry braces for potential policy shifts under a Trump administration, two leading experts, myself, founder of Car Coach Reports, and Tom Maoli, CEO of Celebrity Motor Car Company, partnered for an episode of Inside Automotive.
-
Global Industrial, Tech Stocks Rally on Trump's AI Push
Global industrial and technology stocks including Oracle and Schneider Electric rallied Wednesday after U.S. President Donald Trump unveiled a massive artificial intelligence investment push.
-
Google to Invest $1B in OpenAI Rival Anthropic
Google is making a fresh investment of more than $1 billion into AI startup Anthropic, The Financial Times reported Wednesday.
-
Banks Run Trump 'War Rooms' as Trade Ructions Expected
Bankers at JPMorgan worked through the night in a "war room" to try and assess the early impact of U.S. President Donald Trump's administration on global trade, regulation and other matters, an executive at the bank said Tuesday.
-
Markets Optimistic as Trump Returns to White House
Investors welcomed Donald Trump's second inauguration, anticipating a pro-business agenda, while remaining wary of his protectionist trade policies, particularly his stance on tariffs.
-
Profits at Wall Street Banks Jump on Trading, Deals
Profits at some of the biggest U.S. lenders rose in the fourth quarter as dealmaking picked up and trading was boosted by strong equity markets, sparking a rally in banking stocks on Wednesday.
-
Apple, Samsung Smartphone Shipments Fall as China Sales Rise
Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) Monday.
-
P&C Insurers Slide as L.A. Wildfire Losses Mount
U.S. property and casualty insurance stocks slid in premarket trading Friday on worries over the billions of dollars in potential catastrophe-related claims from the wildfires menacing Los Angeles, California.
-
Trump's EV Policies Cloud Carmakers' 2025 Outlook
Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast.
-
TVs Get Smarter as Makers Cater to 'AI Lifestyles'
Dazzling televisions that routinely star at the Consumer Electronics Show opening here Tuesday are getting ever smarter with an eye toward being at the heart of "AI-centered lifestyles."