U.S. News
Company that bet big on Trump-backed crypto says its fortunes have improved
AI Financial Corp. says it has mitigated some of the concerns that prompted it to say earlier that it may not be able to stay in business.
Trump signs $70 billion immigration funding bill after months of delay
The $70 billion package will fund Immigration and Customs Enforcement and Customs and Border Protection through the end of President Donald Trump’s term.
Trump doubles down on Pulte for intelligence post, calls for short-term extension of foreign surveillance law
Unless Congress acts, a key provision of the Foreign Intelligence Surveillance Act will expire at the end of this week.
Amazon trucking expansion sparks freight stock sell-off
Amazon has been spinning out more of its in-house logistics offerings for others to access, posing a growing threat to industry incumbents.
Consumer prices rose 4.2% annually in May, highest in three years
The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
AI will help young workers ‘mature’ faster by automating grunt work, Thoma Bravo says, amid youth job crisis
“If you look at our associates, they’re spending a lot less time doing models or comparables than before,” Orlando Bravo, founder of Thoma Bravo, told CNBC.
Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates climbed as well.
What next for BP? Leadership exits test investor confidence in board oversight
An executive exodus at BP has sparked intense scrutiny from investors.
Super Micro stock falls 13% on $7 billion financing plans as company touts AI server orders
Super Micro is the latest company tied to the AI boom to announce that it’s tapping the capital markets.
The May inflation numbers are due out Wednesday morning. Here’s what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge
Gov. Kathy Hochul in May signed a New York law that barred agreements with ICE that made it easier for the agency to detain immigrants who had been jailed.
Jeffrey Epstein’s former assistant Lesley Groff interviewed by House panel
Groff worked for Epstein for nearly 20 years, and her name appears more than 150,000 times in the Epstein files released by the Department of Justice.
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