Meta Deal Reversal Deepens Split Between China and Silicon Valley
Beijing’s insistence that Meta unwind its deal with a Chinese A.I. start-up escalates the geopolitical fight over advanced tech. Source link
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Powell Says He Will Stay on as Fed Governor After Term as Chair Ends
Jerome H. Powell cited lingering legal threats against him and the Federal Reserve in explaining his decision to remain at the central bank. Source link
World Bank estimates energy prices will surge 24 percent in 2026.
Iran war is fueling inflation and slowing growth around the world, according to a new report. Source link
How the Fed’s rate decision affects your finances.
The central bank’s interest rate policy influences car and home loans, credit cards, savings accounts and more. Source link
Warsh Clears an Early Hurdle on Path to Fed Chair
The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon. Source link
Loss of Emirates Further Weakens OPEC’s Influence
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years. Source link
Fidelity Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center
Fidelity cited the Justice Department’s recent lawsuit against the civil rights organization in emails to holders of its charitable-giving funds explaining its decision. Source link
New Disney Boss Is Tested by Trump and His Administration
Josh D’Amaro, who took the helm in February, will have to lead Disney through surprising new scrutiny from the president. Source link
U.S. Gas Prices Climb Further as Effects of War Reverberate
The national average price of a gallon of gasoline hit $4.23, following oil prices upward as supplies from the Middle East remain disrupted. Source link