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Microsoft and Meta CEOs Defend Substantial AI Investments Amid DeepSeek's Market Disruption

Microsoft and Meta defend their significant AI investments, despite challenges posed by DeepSeek's cost-effective models disrupting the industry.

Jan 30, 2025 11:01 AM EST


Wells Fargo's Co-CEO of Corporate and Investment Banking, Jon Weiss, Announces Retirement

Wells Fargo's Jon Weiss to retire as Co-CEO of Corporate & Investment Banking, with Fernando Rivas set to assume sole leadership.

Jan 30, 2025 10:46 AM EST


European Central Bank Reduces Interest Rates, Signals Potential for Further Easing

ECB cuts interest rates by 25 basis points, signaling potential further easing amid economic uncertainty and persistent inflation concerns in the Eurozone.

Jan 30, 2025 10:36 AM EST


Trump's First Law: What The Laken Riley Act Means For Immigration And Crime

New law mandates detention of illegal immigrants accused of serious crimes, regardless of whether they have been convicted.

Jan 30, 2025 6:05 AM EST


SEC Asks Public To Comment On Proposed $LTC ETF, Pumping Litecoin Near $130

The SEC has "acknowledged" Canary Capital's filing for a Litecoin ETF, pushing $LTC prices higher and triggering a wave of excitement among Litecoin users who believe $LTC is the better coin than Bitcoin.

Jan 30, 2025 6:04 AM EST


Federal Unions Urge Workers To 'Say NO' To Trump's Deferred Resignation Program, Lawsuit Filed

Trump administration's "Fork in the Road" email offers federal employees the option to stay on payroll until Sept. 30 without working in person. Workers have until Feb. 6 to decide on the offer.

Jan 30, 2025 6:01 AM EST


Trump Media & Technology Group Ventures into Cryptocurrency with Truth.Fi

Trump Media & Technology Group launches Truth.Fi, expanding into cryptocurrency and financial services, sparking investor enthusiasm and political scrutiny.

Jan 29, 2025 12:44 PM EST


U.S. Goods Trade Deficit Widens Sharply in December Amid Import Surge

U.S. goods trade deficit widened sharply in December as imports surged, raising economic concerns amid potential trade policy shifts under Trump.

Jan 29, 2025 12:35 PM EST


Alibaba Unveils Qwen 2.5-Max AI Model, Claiming Superiority Over DeepSeek-V3

Alibaba unveils Qwen 2.5-Max AI model, claiming superiority over DeepSeek-V3, intensifying competition in China's rapidly evolving AI landscape.

Jan 29, 2025 12:18 PM EST


$UFD Meme Coin Creator's Wallet Gets Hacked, 'Dusters' Rally Crypto Community In Show Of Unity

$UFD Dusters displayed a strong and deep sense of unity since token creator Ron Branstetter's Phantom wallet was hacked Monday, pledging support for the Baby Boomer who celebrated his sixth week in crypto on the day of the hack.

Jan 29, 2025 6:13 AM EST


Trump Administration Says No More Condoms For Gaza, Halts $50 Million Funding

Press Secretary Karoline Leavitt called the expense a "preposterous waste of taxpayer money" and underscored that it did not align with the administration's "America First" policy.

Jan 29, 2025 6:07 AM EST


Lay's Classic Potato Chips Recall Upgraded To 'Class I' By FDA Due To Milk Allergen

According to the FDA, "Class I" level recalls are used when there is "reasonable probability that the use of, or exposure to, a violative product will cause serious adverse health consequences or death."

Jan 29, 2025 3:13 AM EST


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