All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.
Washington state lawmakers have long warned of the potential for a budgetary crisis during an economic downturn, even as the state experienced record-breaking revenue growth over the past decade. Today, those warnings have some merit, as the state faces an estimated $10 billion to $12 billion deficit despite maintaining all-time high revenue levels.
The Biden administration announced new restrictions Monday targeting the export of advanced semiconductor chips and manufacturing equipment to China. The measures, introduced by the Commerce Department's Bureau of Industry and Security, aim to limit Beijing's ability to develop advanced technologies, including artificial intelligence and military applications.
The stock market is recording its strongest month this year following President-elect Donald Trump’s victory in the 2024 election, reflecting investor optimism about the economic outlook under the incoming administration.
The Biden administration has committed to a $6 billion loan to electric vehicle manufacturer Rivian to construct a new factory in Social Circle, Georgia,...
The United Nations nuclear watchdog's 35-nation Board of Governors passed a resolution Thursday urging Iran to improve its cooperation with the International Atomic Energy...
President-elect Donald Trump has revealed his pick for the next Secretary of the Interior: Doug Burgum, the Republican Governor of North Dakota, who has...
Anthropic's advanced language model, Claude, is set to engage with the U.S. intelligence sector.
This month, Anthropic, a leading artificial intelligence firm, joined forces with...
Federal prosecutors recently filed charges against three individuals for orchestrating a fabricated hate crime involving a racial slur and a burning cross in an...
In a recent campaign appearance in Pennsylvania, Vice President Kamala Harris drew criticism for suggesting a staged door-knock with a local family as she conducted outreach in the critical battleground state. The incident, which was caught on video, shows Harris greeting the family on their porch, where she seemingly suggests posing for a door-knocking interaction to give the appearance of a grassroots outreach effort.
