Big Tech earnings test record stock market rally as AI spending takes center stage

Market watchers looking for clarity about the direction of Big Tech and the AI investment boom didn’t get much Wednesday afternoon amid a barrage of key earning reports. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Instead, four leading tech companies reported quarterly results that beat Wall Street’s … Read more

The Black Caucus is the ‘conscience of Congress.’ Supreme Court ruling has it bracing for a big hit

Black members of Congress are bracing for a crippling shakeup of their ranks after a Supreme Court ruling gutted a key section of the Voting Rights Act that had protected minority communities in political redistricting and helped boost their representation. Wednesday’s decision clears the way for Republican-led states to redraw U.S. House districts without regard … Read more

Warsh faces first big test on Capitol Hill as Trump’s Fed vision comes into focus

NEWYou can now listen to Fox News articles! The Senate Banking Committee will vote Wednesday on President Donald Trump’s pick to lead the Federal Reserve, Kevin Warsh, in a key test of how much influence the White House can exert over the central bank. If he clears committee, Warsh’s nomination heads to the Senate floor, … Read more

Big companies position themselves for payday from $50B federal rural health fund

Tory Starr is worried about the people who get medical care at Open Door Community Health Centers along California’s North Coast. “They’re the folks that work at restaurants. They’re the teacher’s aides,” said Starr, a registered nurse who became Open Door’s chief executive more than six years ago. Those patients, he said, are “really the … Read more

Don’t count on rate cuts just yet: Warsh as Fed chair may not lead to big policy changes

WASHINGTON — President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office. Yet Americans shouldn’t pencil in lower borrowing costs for mortgages, auto loans, or business loans just yet. The odds of Kevin Warsh becoming chair by the time Jerome Powell’s … Read more

U.S. soldier arrested after allegedly using Maduro capture knowledge to make big bets

U.S. soldier arrested after allegedly using Maduro capture knowledge to make big bets – CBS News Watch CBS News A U.S. Army soldier is under arrest on Thursday after allegedly helping to plan and execute the capture of Nicolas Maduro and using that advanced knowledge to make a series of big bets on the prediction … Read more

Trump likes a naval blockade. But Iran presents big differences from Venezuela and Cuba

WASHINGTON — President Donald Trump has turned to naval blockades to pressure the governments of Venezuela, Cuba and now Iran to meet his demands, but his preferred tactic is confronting a very different reality in the Middle East than in the Caribbean. Unlike Cuba or Venezuela, Iran choked off a crucial trade route for energy … Read more