With defense expenditures, social programs like Social Security and Medicare, and interest on the growing deficit accounting for a sizable portion of federal spending, the
Category: US
Amazon is set to deliver lightweight packages via drone within 30 minutes to 500 US cities.
By the end of the year, millions more people might be able to receive lighter, smaller Amazon goods delivered by drones, according to a plan
US awards Raytheon a $22.9 billion contract to boost Tomahawk production from 60 to 1,000 a year.
The U.S. military announced on Monday that it had given RTX, a new business unit of Raytheon, a $22.9 billion contract to significantly increase the
Vantage Data Centers rides on AI demand to raise $10 billion at a $100 billion valuation.
Vantage Data Centers, a significant hyperscale developer and operator, is considering options such as an IPO or sale as early as next year, as AI-driven
Bank of America launches “Critical Infrastructure Finance Initiative” with $250 billion.
Bank of America announced on Wednesday that it intends to invest $250 billion by July 2027 to support infrastructure and digital initiatives in the United
JPMorgan to boost US housing with $750 billion investment.
To boost supply and encourage homeownership in the United States, JPMorgan announced on Monday that it intended to invest more than $750 billion in housing
JPMorgan, led by Dimon, is poised to become the first bank globally to surpass $1 trillion in assets.
Jamie Dimon’s two decades at JPMorgan Chase have changed industry records, and the Wall Street giant is now on the verge of reaching yet another
U.S. bank regulators are rattled by the speed and extent of AI use at financial companies.
U.S. banking regulators are increasing their scrutiny of how lenders use artificial intelligence as the emerging technology spreads throughout the sector. They are pressing companies
Trump rescinds the AI executive order, citing concern that it will reduce US tech superiority.
Hours before a scheduled White House ceremony on Thursday, President Donald Trump canceled plans to sign a new executive order on artificial intelligence, citing concerns
GameStop’s $56 billion acquisition deal for eBay is to compete with online retail giant Amazon.
Before Monday’s opening bell, eBay’s stock is skyrocketing as Ryan Cohen’s GameStop seeks to acquire the company for about $56 billion to compete with Amazon,
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