Dow drops more than 260 points as private credit, Iran worries weigh on markets: Live updates
The three major averages fell on Thursday as investors eyed simmering tensions between the U.S. and Iran.
South Korea’s Kospi jumps to record high as regional rally tracks Wall Street gains
Asia-Pacific markets traded higher on Thursday, with several bourses in the region returning from the Lunar New Year holiday.
Anthropic is clashing with the Pentagon over AI use. Here’s what each side wants
Anthropic landed a $200 million Defense contract last year, as did AI rivals OpenAI, Google and xAI.
Trump Jr. calls banking a ‘Ponzi scheme’ that forced family to create crypto business
Donald Trump Jr. and Eric Trump are hosting the World Liberty Forum at Mar-a-Lago in Palm Beach, Florida, which is owned by their father, President Donald Trump.
Microsoft’s Brad Smith says U.S. tech should ‘worry a little’ about Chinese firms’ government subsidies
The Microsoft president said American firms will have to compete with subsidies provided by Beijing to Chinese companies.
FDA agrees to review Moderna’s mRNA flu vaccine application in a reversal
The FDA is slated to make a decision on the flu shot on Aug. 5, which will allow Moderna to make the vaccine available for the upcoming influenza season.
Palo Alto shares sink 7%, CEO defends cybersecurity’s position as AI hits software stocks
Palo Alto has bet big on AI in recent months and launched an aggressive acquisition spree that included buying CyberArk for $25 billion.
Oil jumps 4% after Vance says Iran ignored key U.S. demands, military strikes on the table
Oil traders are worried that war between the U.S. and Iran could lead to a major disruption of crude supplies in the Middle East.
Mark Zuckerberg said he reached out to Apple CEO Tim Cook to discuss ‘wellbeing of teens and kids’
Meta CEO Mark Zuckerberg took the stand in a closely watched social media and safety trial that could reshape the industry.
The ‘boomcession’: Why Americans feel left behind by a growing economy
A combination of the words “boom” and “recession” can help explain why Americans feel so sour about a growing economy.
