U.S. News
Trump could target three Fed governors. Removing them may be harder than it looks
Trump could seek to remove Jerome Powell, Lisa Cook and Michael Barr from the Federal Reserve, but court rulings and lengthy litigation could limit him.
The September jobs report will be released Friday. Here’s what to expect
Wall Street is looking for job growth of 84,000 to close out the summer.
Former LinkedIn chief Roslansky to leave Microsoft, following other exec departures
Gaming head Phil Spencer and Office leader Rajesh Jha both left this year, and Charlie Bell, the company’s head of security, became an individual contributor.
SpaceX launches Google AI chips into orbit in push toward space-based data centers
Google’s tensor processing units were launched into orbit on Planet Labs satellites.
Trump ‘thinking about’ diesel export ban, but says it could have ‘negative impact’ on gasoline
Trump recently said he was “very seriously” considering a diesel export ban, despite warnings from the U.S. oil industry that doing so would raise prices.
Meta stock enjoys best month since 2022 on AI momentum
Meta stock had its best month in almost four years as investors cheer the social media giant’s recent momentum in artificial intelligence.
Senators clinch construction permitting deal before election jet-set
A legislative deal to ease construction permitting sets up potential action in Congress when lawmakers return after the November election.
Fed watchdog finds renovation failures, but no grounds for criminal referral
The long-awaited report by the Fed’s inspector general said it found no reasonable grounds to believe federal criminal law had been violated.
DOJ accuses Minnesota federal judges of misconduct for NY Times immigration interviews
The Department of Justice seeks the recusal of the judges who spoke to The New York Times from any cases involving the Department of Homeland Security.
Senate Democrats sink ‘toothless’ stock trading ban, data center bill in last act before election recess
Two separate proposals to ban member stock trading while in office and address data center-related utility costs failed Wednesday amid Democratic opposition.
Stellantis CEO reconfirms 2026 guidance, says turnaround plan continues as automaker’s shares hit new low
Stellantis CEO Antonio Filosa on Wednesday reconfirmed the company’s 2026 guidance and its plans to be cash flow positive by 2027.
Eli Lilly says closely watched combo obesity regimen boosts weight loss in mid-stage trial
Lilly said it plans to start Phase 3 trials on the combo regimen adding its amylin drug eloralintide to tirzepatide at the end of the year.
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