News

Inflation cools in March, but tariff-driven inflation storm coming: Morgan Stanley
Data on Thursday showed the consumer price index, or CPI fell 0.1% in March, well below Morgan Stanley’s expectations of 0.23%, taking core inflation to 2.8% for the year and headline to 2.4% ...
Can Trump Help Meta Avoid a Breakup? FTC Antitrust Trial Begins Soon
Meta is set to engage in an antitrust trial with the Federal Trade Commission (FTC) on Apr. 14. The stakes for the company couldn’t be higher. The trial could result in a significant breakup of the ...
OpenAI rolls out improved memory feature in ChatGPT for Plus and Pro users
OpenAI has emphasized user control over ChatGPT’s memory. Users have the option to opt out of referencing past chats or memory altogether at any time in the settings. Those who had previously opted ...
OpenAI introduces BrowseComp, a benchmark for AI internet browsing
Investing.com -- OpenAI has announced the launch of BrowseComp, an open-source benchmark designed to test the ability of AI ...
Polestar warns of tariff impact after discounts boost quarterly sales
Polestar’s first-quarter sales surge was partly helped by offers that targeted disgruntled Tesla (NASDAQ: TSLA) owners in the ...
US targets Iran ’shadow fleet’ operations with more sanctions
WASHINGTON (Reuters) - The United States issued new sanctions targeting Iran’s "shadow fleet" on Thursday, citing one individual and India- and United Arab Emirates-based groups whose vessels have ...
Republican budget plan passes but hurdles ahead to extend Trump tax cuts
WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday passed a budget plan that lays the groundwork for extending President Donald Trump’s 2017 tax cuts, overcoming opposition from ...
Novavax shares tumble after U.S. health secretary raises concerns over COVID shot’s efficacy
The U.S. Food and Drug Administration, an agency that is part of the U.S. Department of Health and Human Services, missed its deadline last week for deciding on the traditional approval of the vaccine ...
EU, China will look into setting minimum prices on electric vehicles, EU says
BERLIN (Reuters) - The European Union and China have agreed to look into setting minimum prices of Chinese-made electric vehicles instead of tariffs imposed by the EU last year, a European Commission ...
Canadian exporters inquire on trade insurance as Trump’s tariffs heighten risk
Trade credit insurance for insolvencies of foreign customers covers 90% of all lost payments and is widely used in Europe.
US Senate confirms Trump’s FTC commissioner pick
(Reuters) -The U.S. Senate confirmed President Donald Trump’s pick for the third Republican commissioner on the U.S. Federal ...
Mark Meador confirmed as third Republican FTC commissioner
Investing.com -- The U.S. Senate has confirmed Mark Meador, President Donald Trump’s choice, as the third Republican commissioner on the U.S. Federal Trade Commission (FTC). This confirmation comes ...