Visitors take pictures by a sign posted in front of Meta headquarters in Menlo Park, California, on Jan. 29, 2025. Justin Sullivan | Getty Images Meta on Saturday released the first models from its latest open-source artificial intelligence software Llama 4, as the company scrambles to lead the race to invest in generative AI. But…
The formula at the core of President Donald Trump’s tariff announcement that continues to rattle markets is bewildering economists, who say it is based on flawed assumptions. Economists argue that Trump’s formula relies on a flawed, underestimation of a key metric, resulting in inflated tariff rates for countries. According to the Office of the United…
Beau Vallis started his music career young. The 32-year-old got an internship at legendary music engineer Jimmy Douglass’ studio in Miami when he was just 18. It was there he met former Destiny’s Child member Kelly Rowland, for whom he became the go-to music engineer, and ultimately worked with such modern icons as Sia and…
Chinese automaker BYD is rapidly seizing the title of the world’s leading name in electric vehicles. It passed Tesla in global revenues in 2024 — though it sold slightly fewer EVs. Including hybrids, BYD’s volume is about twice that of its American rival. Shares are up more than 40% since the beginning of 2025. Tesla’s…
Traders work on the floor of the New York Stock Exchange during morning trading on April 03, 2025 in New York City. Michael M. Santiago | Getty Images Traders are now betting the Federal Reserve will cut interest rates at least four times this year, amid fears President Donald Trump’s tariffs could tip the U.S….
Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan video that claimed the president is tanking the stock market on purpose with the endorsement of the legendary investor. Trump on Friday shared an outlandish social media video that defends his recent policy…
A pump jack operates near a gas turbine power plant in the Permian Basin oil field outside of Odessa, Texas, U.S. February 18, 2025. Eli Hartman | Reuters U.S. oil prices have dropped to their lowest level since 2021 this week, sparked in part by concerns that the massive tariffs announced by the United States…
Traders work on the floor of the New York Stock Exchange on April 4, 2025. Spencer Platt | Getty Images News | Getty Images The iShares MSCI Emerging Markets ETF fell on Friday to its biggest drop since March 2020, as President Donald Trump’s retaliatory tariffs raised fears of a global trade war and recession….
A combination image shows an injection pen of Zepbound, Eli Lilly’s weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Reuters President Donald Trump on Friday dropped a Biden administration proposal to have Medicare cover obesity drugs, including popular but costly GLP-1 treatments such as Novo Nordisk‘s Wegovy and Eli Lilly‘s Zepbound. But the Centers…
The seal of the US Department of Justice in Washington, DC on March 21, 2024. Mandel Ngan | Afp | Getty Images A New York federal judge on Friday ordered the jailing of convicted drug dealer and predatory lender Jonathan Braun, whose 10-year prison sentence was commuted in 2021 by President Donald Trump, after a…
