Big donation to Rudy Giuliani defense fund is target of lawsuit alleging fraud by donor
Former New York Mayor Rudy Giuliani is fighting several court cases related to his work as a lawyer for Donald Trump.
Fed can start cutting interest rates by end of 2024, IMF managing director says
Kristalina Georgieva said the central bank should continue following economic data to determine when it’s right to begin lowering.
Vinod Khosla and Palantir’s Jacob Helberg call on Senate to ban TikTok: It’s ‘a weapon of war’
Top investor Vinod Khosla and Palantir advisor Jacob Helberg are calling on the Senate to act on the TikTok ban bill, as ByteDance fights against it.
Amazon CEO Andy Jassy spurns regulators after failed iRobot deal: ‘It’s a sad story’
Jassy said regulators’ move to stop the iRobot deal shows they “trust these two large Chinese companies with maps” of Americans’ homes more than they do Amazon.
The March inflation data lowered rate cut expectations. Here’s why stocks could take that in stride
Some investors say that markets will be able to cope so long as the Fed doesn’t raise rates again.
Microsoft will unveil new Windows and cloud AI features in May
Microsoft will reveal brand-new artificial intelligence tools for use on PCs and in the cloud at its annual Build conference.
Biden’s new student loan forgiveness plan could start eliminating debts before the 2024 presidential election
The Biden administration is moving ahead quickly with its new student loan forgiveness plan, with hopes to start wiping out people’s debts this fall.
Nvidia and Georgia Tech announce first AI supercomputer for students
Nvidia on Wednesday announced the first AI supercomputer designed for student use, in collaboration with the Georgia Institute of Technology.
Trump Media shares close down more than 8%, putting market cap under $5 billion
Trump Media owns the Truth Social app. Donald Trump, the presumptive Republican presidential nominee, is the company’s largest shareholder.
Hot inflation data pushes market’s rate cut expectations to September
March’s consumer price index release Wednesday helped verify worries that inflation is proving stickier than thought.
