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As part of President Trump’s ongoing efforts to downsize the federal government, the Consumer Financial Protection Bureau (CFPB) is facing significant cuts, with nearly 90% of its staff being laid off. The bureau, created in response to the 2008 financial crisis, has been a target of Republican criticism for its regulatory practices and perceived overreach….

Nvidia’s CEO, Jensen Huang, made a surprise visit to Beijing following the recent restrictions imposed by the United States on the sale of chips to China. The visit comes amidst escalating tensions between the two countries over trade and technology. Nvidia, a leading American semiconductor company, has been caught in the crossfire of the US-China…

President Donald Trump has once again raised eyebrows with his recent comments suggesting that he has the authority to remove Federal Reserve Chairman Jerome Powell from his position. In an interview with ABC News, Trump stated that he is “not happy” with Powell and criticized the Fed for raising interest rates. This is not the…

United Airlines has recently given two different profit outlooks for the year 2025, citing the unpredictable nature of the global economy. The airline’s CEO, Scott Kirby, stated that the current economic landscape is “impossible” to accurately predict, making it difficult for the company to provide a clear forecast for its future earnings. This uncertainty is…

Nvidia, the American technology giant, is set to take a significant hit of $5.5 billion following the US government’s decision to clamp down on the export of AI chips to certain countries. This move comes as part of the ongoing trade tensions between the US and China, with the US government citing national security concerns…

Meta, the parent company of social media giant Facebook, reportedly considered spinning off its popular photo-sharing app Instagram amid increasing antitrust scrutiny. According to a document obtained by the Wall Street Journal, Meta CEO Mark Zuckerberg discussed the possibility of spinning off Instagram as a way to alleviate concerns from regulators about the company’s market…

Technology and auto shares saw a boost in the stock market as President Trump hinted at the possibility of granting more exemptions to his proposed tariffs on imports. The news brought relief to investors who have been on edge since the announcement of the tariffs, which have sparked fears of a trade war. The uncertainty…