BUSINESS

US drillers add oil and gas rigs for third week in a row

US drillers add oil and gas rigs for third week in a row

By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a third week…
Trump officials plan to fire 95% of CFPB staff, cancel its lease, union lawsuit says

Trump officials plan to fire 95% of CFPB staff, cancel its lease, union lawsuit says

The Trump administration is planning to hollow out the Consumer Financial Protection Bureau (CFPB) by firing 95% of its staff…
Silver catches a lift from gold’s bull run to eye 10-year peak

Silver catches a lift from gold’s bull run to eye 10-year peak

By Brijesh Patel and Daksh Grover (Reuters) – Silver prices hit their highest since late October on Friday, latching on…
Intel Stock Drops at the End of a Rip-Roaring Week

Intel Stock Drops at the End of a Rip-Roaring Week

Cesc Maymo / Getty Images Intel (INTC) early Friday was on track to notch its best weeklong stretch in nearly…
Meta plans major investment into AI-powered humanoid robots

Meta plans major investment into AI-powered humanoid robots

(Bloomberg) — Meta Platforms Inc. (META), after pushing into augmented reality and artificial intelligence, has identified its next big bet:…
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says

Crypto scams likely set new record in 2024 helped by AI, Chainalysis says

By Lisa Pauline Mattackal (Reuters) – The rise of “pig butchering” scams and the increasing use of generative artificial intelligence…
Tesla stock finds support, for now

Tesla stock finds support, for now

Tesla’s (TSLA) beat-up stock has found support on the charts, for now. After a brutal stretch this month that brought…
Dow, S&P 500, Nasdaq stall as investors weigh retail sales miss, week of Trump tariffs

Dow, S&P 500, Nasdaq stall as investors weigh retail sales miss, week of Trump tariffs

US stocks opened roughly flat on Friday as investors weighed a busy week of tariff hikes and inflation updates, as…
Trump’s biggest economic vulnerability has emerged

Trump’s biggest economic vulnerability has emerged

Three weeks into his second presidential term, Donald Trump is largely getting his way on Cabinet nominees, deregulation, deportation, and…
Nvidia cuts stake in Arm Holdings, invests in China’s WeRide

Nvidia cuts stake in Arm Holdings, invests in China’s WeRide

(Reuters) – Nvidia (NVDA) reduced its stake in British chip firm Arm Holdings by about 44% and exited its holdings…
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