The head of Audi, the German carmaker, defended the company’s proposed $4 billion investment in a new American factory on Sunday. President Donald Trump had
Category: US
US banks find rogue AI agents inside customer accounts.
U.S. banks are finding third-party AI agents inside customer accounts that haven’t been authorized to be there. Some of these agents appear to be taking
The rapid evolution of AI could drive U.S. GDP from over $33T to $44T by 2030. – Anthropic’s Clark
Anthropic co-founder Jack Clark said on Saturday that rapidly advancing AI capabilities will drive faster transformation across industries. According to one of the company’s internal
SoftBank targets takeover of security firm Allied Universal in $18 billion deal.
SoftBank Group is contemplating a purchase of Allied Universal in a deal that could value the US security services provider at roughly $18 billion. Allied
US 10-year Treasury yields are the sharpest since 1994, but not unprecedented, BNY CEO says.
The CEO of the oldest US bank said that the benchmark 10-year US Treasury yield had reached previously unheard-of levels this year as a sharp
IMF chief: Rich nations must cut debt to ease global economic strain.
The head of the International Monetary Fund stated on Wednesday that the United States and other wealthier countries must act quickly to address the rising
Skydance merges top Paramount and Warner Bros. franchises, creating a weird new Hollywood mega-studio.
For Skydance, the recently established entertainment giant that resulted from Paramount’s $81 billion acquisition of Warner Bros. Discovery, which completed on Tuesday, continuity will be
The U.S.-South Korea pact includes $8.4 billion for oil recovery, Trump says.
A US trade agreement with South Korea now includes $8.4 billion for an oil recovery project, President Donald Trump announced on Friday. “The Republic of
Aon acquires rival insurance firm USI for $17 billion in a landmark industry deal.
In one of the largest insurance acquisitions in recent memory, Aon announced on Monday that it would purchase rival USI Insurance Services from private equity
US national debt exceeds $40 trillion, the worst among developed nations, says the OECD.
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
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