United States

U.S. inflation breaks 4 percent level for first time since 2023 as oil shock pushes prices higher

Rising energy prices linked to Middle East tensions push inflation above Fed target levels

OpenAI launches first chip with Broadcom to make advanced AI more accessible

By co-developing its industry-leading silicon directly with OpenAI, Broadcom is enabling the deployment of gigawatt-scale data centers with Microsoft and other partners beginning in 2026

Amazon expands India AI, cloud investment to $48 billion with additional $13 billion through 2030

Investment will expand AI and cloud infrastructure across Mumbai and Hyderabad

EU approves tariff cuts on U.S. goods under Trump trade deal agreement

The move fulfills the EU’s obligations under a trade deal and helps avoid renewed tariff tensions 

U.S. current account deficit widens 2.6 percent ​to $226.8 billion in first quarter

The primary income balance swung into a deficit of $13.3 billion in the first quarter, down from a surplus of $3.431 billion in the previous quarter

U.S. announces $17.5 billion in loans to rebuild commercial nuclear supply chain

The loans seek to accelerate the deployment of 10 large-scale commercial nuclear reactors across the United States by up to three years

China targets U.S. rare earth companies with new export restrictions

The move follows Washington's latest sanctions on several Chinese companies

Apple partners with Intel to design and manufacture chips in U.S., says Trump

The partnership is expected to help Apple broaden its manufacturing network as it looks to secure additional chipmaking capacity

SpaceX to end IPO debut session with $2.4 trillion market cap

The expected market cap suggests that the SpaceX share price will likely finish today somewhere in the $175-$180 range

U.S. strategic petroleum reserve nears lowest level since 1983 amid global supply strain

The SPR continues to decline as geopolitical tensions and shipping disruptions pressure global energy security 

OpenAI files for U.S. IPO amid race to public markets among AI giants

The ChatGPT creator did not reveal the size or pricing of the proposed offering and said no timetable had been set

Nvidia signs AI infrastructure agreements with South Korea’s tech giants

As part of a multi-year technology collaboration, SK Hynix will work with Nvidia to develop next-generation memory solutions for AI data centers worldwide

Google’s Alphabet upsizes equity offering to $84.75 billion to meet high-density AI compute needs

Move signals strong investor appetite for tech giants expanding their AI infrastructure 

SpaceX IPO to value company at historic $1.77 trillion

The company stated it will offer 555.6 million shares priced at $135 per share

Anthropic files for U.S. IPO amid rapid AI sector growth

The planned listing will serve as an early gauge of investor confidence in the artificial intelligence sector

Trump adjusts tariffs on steel, aluminum, and copper derivatives up to 25 percent until end of 2027

Foreign companies can qualify for a lower 10 percent tariff to incentivize local domestic production

U.S. Treasury yields return to 5 percent for the first time since 2007

Investors sell off government debt as Middle East conflict fuels inflation concerns

Japan signs $2.2 billion loans for projects under $550 billion U.S. investment pledge

The first three projects include an oil export facility ​in Texas, ​an industrial ⁠diamond plant and a natural gas-fired power plant 

U.S. to offer 92.5 million barrels SPR crude loans to calm oil spike

IEA pact aims to ease biggest energy crisis as gasoline hits $4.30 record

U.S. inflation reaches 2-year high of 3.3 percent in March as gas price surge impacts broader economy

Gasoline prices climbed 21.2 percent in March, marking record increase since 1967

U.S. Q4 GDP growth revised lower to 0.5 percent as investment weakens

The Commerce Department reported a step down from the prior 0.7 percent growth figure for the quarter

U.S. Federal Reserve minutes reveal policy split as officials weigh potential interest rate hikes

Fed officials forecast slower progress toward 2 percent inflation goal amid energy volatility