Business

What is the opposite of the Midas touch? Whatever that is, Donald Trump Jr. seems to have it. On Wednesday, an online firearms seller backed by the President’s favorite failson went public. It didn’t take long for the public to say, “No thanks.” On Wednesday, the company’s stock price took a significant hit by the end of the trading day. GrabAGun …

U.S. corn producers are sounding the alarm on President Donald Trump’s efforts to switch Coca-Cola products away from using corn syrup in favor of cane sugar, claiming the change will wreak havoc on the agricultural industry. Trump on Wednesday announced efforts to push Coca-Cola to switch to cane sugar for its U.S.-made products, a departure from the abundant and inexpensive …

US Set to Impose 93.5% Tariff on Battery Material From China  Bloomberg.com U.S. Proposes Steep Tariffs on Critical E.V. Battery Material  The New York Times US Commerce Dept sets 93.5% anti-dumping tariff on Chinese anode graphite  Reuters US set to impose 93.5% tariff on graphite from China  The Economic Times Chinese Graphite Hit With Massive 869% Tariffs as US Pushes for Domestic Battery Production  Stock …

The US Commerce Department imposed preliminary anti-dumping duties of 93.5% on Chinese imports of graphite, a key battery component, after concluding the materials had been unfairly subsidized. A trade association representing US graphite producers in December filed petitions with two federal agencies, asking for investigations into whether Chinese companies were violating anti-dumping laws. The new duties will add to existing …

On Thursday, OpenAI launched ChatGPT Agent, a new feature that lets the company’s AI assistant complete multi-step tasks by controlling its own web browser. The update merges capabilities from OpenAI’s earlier Operator tool and the Deep Research feature, allowing ChatGPT to navigate websites, run code, and create documents while users maintain control over the process. The feature marks OpenAI’s latest …

Fed’s Powell responds to White House on Fed headquarters renovation  Reuters Powell defends $2.5 billion Fed renovation in a point-by-point response to the Trump administration  CNN Fed Chair Powell responds to White House questions about HQ renovation  CNBC President Trump, Jerome Powell, and Why Their Relationship Matters  The New York Times Behind Trump’s move to back off Powell: Lawyers warned against it.  Politico Source link

Scoop: What’s inside Trump’s 20-page AI action plan  Axios Shapiro stands out at high-profile AI, energy summit  Pittsburgh Post-Gazette After message protests Trump, Carnegie Mellon University temporarily closes The Fence  CBS News CMU students, university administration meet to discuss ‘The Fence’ policy  WTAE Tech and energy giants pour billions to turn Pennsylvania into an AI hub as part of Trump’s tech push  CNN Source link

Thank you, John, and thank you for the invitation to speak to you today. My purpose this evening is to explain why I believe that the Federal Open Market Committee (FOMC) should reduce our policy rate by 25 basis points at our next meeting.1 I used to tell my junior research colleagues that presentations are not murder mysteries—just tell the …

U.S. Proposes Steep Tariffs on Critical E.V. Battery Material  The New York Times US Set to Impose 93.5% Tariff on Battery Material From China  Bloomberg.com US Commerce Dept sets 93.5% anti-dumping tariff on Chinese anode graphite  Reuters US set to impose 93.5% tariff on graphite from China  The Economic Times Chinese Graphite Hit With Massive 869% Tariffs as US Pushes for Domestic Battery Production  Stock …

US Commerce Dept sets 93.5% anti-dumping tariff on Chinese anode graphite  Reuters U.S. Proposes Steep Tariffs on Critical E.V. Battery Material  The New York Times US Set to Impose 93.5% Tariff on Battery Material From China  Bloomberg.com US set to impose 93.5% tariff on graphite from China  The Economic Times Nasdaq rises, Dow Jones inches ahead as Abbott outlook disappoints, Pepsi impresses  Proactive financial news …