Pete Hegseth on Strait of Hormuz: ‘Don’t need to worry about it’
The Strait of Hormuz, the world's most critical chokepoint for oil shipments, has been effectively closed since the U.S. and…
Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%
The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%. ...
New Iranian leader Khamenei vows ‘never-ending’ revenge in first public statement
Iranian Supreme Leader Mojtaba Khamenei provided a statement for the first time since U.S.-Israeli strikes killed his father, Ayatollah Ali…
Papa John’s reportedly weighs $1.5B buyout offer from Qatari royal family-backed firm
Papa John's stock surges 15% as Qatari-backed fund reportedly offers $1.5B buyout at $47 a share, a 44% premium; the…
Florida drought deepens strain on citrus industry as growers battle costs, disease
Extreme dry conditions across Florida are driving up irrigation expenses and compounding long-running challenges for citrus producers. ...
GM recalls 17K vehicles over rear toe link fracture that could lead to crashes
General Motors recalled more than 17,000 Buick Regal vehicles due to a rear toe link fracture that could cause drivers…
Kalshi preemptively sues Iowa, claiming risk of enforcement action
Kalshi claims in a preemptive lawsuit that there is “a substantial risk” that Iowa will take action against it after…
AI agent payment volumes lower than reported, but adoption is growing: a16z
Andreessen Horowitz partner Noah Levine says AI agents made $1.6 million in payments in the past month, which “is not…
New Zealand regulator says NZDD stablecoin not a financial product
Law firm MinterEllisonRuddWatts, which acted on behalf of the stablecoin’s issuer, says the designation of the token is an important…