Author: Editor-In-Chief
Cisco CEO Chuck Robbins speaks to Bloomberg at the World Economic Forum in Davos, Switzerland, on January 17, 2024.Stefan Vermes | Bloomberg | Getty ImagesFew companies were this hot in the early 2000s. Cisconetwork equipment served as the backbone of the Internet boom.On Wednesday, Cisco stock exceeded the dot-com market high for the first time. The stock rose nearly 1% to $80.25, surpassing its previous split-adjusted all-time high of $80.06 on March 27, 2000. That’s the same day the Cisco stock transfer took place. microsoft To become the world’s most valuable listed company. At the time, companies looking to go…
Powell ‘threaded the needle’ with Treasury purchases, strategist saysThe Federal Reserve’s rate cut wasn’t the only decision it made on Wednesday. The central bank will once again begin buying Treasury securities. In October, the Fed said it would halt its balance sheet runoff to provide more liquidity to markets and economy. However, it will resume buying $40 billion in Treasury bills on Friday. Some see this move as a stealth way to lower rates. “Today’s move was the ultimate compromise because Treasury bill purchases are coming sooner than expected, but the dot-plot showed few rate cuts next year,” said David…
U.S. Secretary of Transportation Sean Duffy speaks during a press conference to discuss the government shutdown’s impact on aviation safety workers and travel at Philadelphia International Airport on October 24, 2025 in Philadelphia, Pennsylvania, United States. Rachel Wisniewski ReutersThe Trump administration announced Wednesday that it has removed about 10,000 commercial truck drivers from U.S. roads because they don’t speak English well.The boast comes as trucking companies are sounding the alarm about drivers being targeted by President Donald Trump’s immigration policies.”We fired 9,500 truck drivers because they couldn’t speak English, our national language!” Transport Secretary Sean Duffy told the X-Post.“This administration…
WASHINGTON (AP) – The Federal Reserve on Wednesday cut its key interest rate by a quarter of a point for the third time in a row, but signaled it may keep rates unchanged for months to come. Chairman Jerome Powell indicated at a news conference that the Fed is likely to refrain from further rate cuts in the coming months while it assesses the health of the economy. Fed officials also signaled in a series of quarterly economic forecasts that they expect to cut interest rates only once next year. Wednesday’s cut lowered the rate to about 3.6%, the lowest…
California Governor Gavin Newsom celebrated his victory in court against President Donald Trump’s extension of the National Guard’s presence in Los Angeles.Published December 10, 2025December 10, 2025Click here to share on social mediaShare 2shareA federal judge has blocked the Trump administration’s deployment of the National Guard to Los Angeles, California, and ordered it returned to the governor’s authority.In a ruling Wednesday, U.S. District Judge Charles Breyer rejected the government’s argument that the deployment was necessary to quell protests against the administration’s aggressive raids on immigrants.Recommended stories list of 3 itemsend of list”The Founders designed our government to be a system…
Reuters — Amid rising tensions between Tokyo and China, Japan has scrambled jets to monitor Russian and Chinese air forces conducting joint patrols across the country, Japan’s Ministry of Defense announced late Tuesday. Two Russian Tu-95 nuclear-armed strategic bombers flew from the Sea of Japan to the East China Sea and joined two Chinese H-6 bombers for a “long-range joint flight” in the Pacific Ocean, the ministry said. Four Chinese J-16 fighter jets joined the bomber during a round-trip flight between Japan’s Okinawa and the Miyako Islands, it added. The Miyako Strait between the two islands is designated as international…
Caroline Dubois will pursue a showdown with British rival Terry Harper next year.Londoner is the WBC lightweight champion and Harper holds the WBO version of the world title at 135 pounds. Dubois hopes to face the Doncaster fighter in a world championship unification bout in early 2026. sprayer This content is provided by sprayercookies and other technologies may be used. To view this content, you must allow cookies. You can change the settings and enable it using the buttons below. sprayer Use cookies or allow them only once. You can change your settings at any time in Privacy Options. Unfortunately,…
AI agents are being sold as a solution for planning trips, answering business questions, and solving all kinds of problems, but getting them to interact with tools and data outside of a chat interface has been difficult. Developers have to piece together various connectors to keep them running, which is a brittle approach that is difficult to scale and poses governance issues. Google claims it is trying to solve this problem by launching its own fully managed remote MCP server, which will make it easier for agents to connect its Google and cloud services, such as Maps and BigQuery. The…
A Southwest Airlines plane takes off from Minneapolis-St. Paul International Airport on November 7, 2025, in Minneapolis, Minnesota, USA. Tim Evans Reutersouthwest airlines As the airline industry continues to compete for premium travelers, CEO Bob Jordan told CNBC on Wednesday that the airline is “aggressively pursuing” the possibility of opening a network of airport lounges.”I think lounges are going to be the next big benefit for customers,” Jordan said in an interview. “And then you have a lounge network where you can offer a premium credit card that gives you lounge access.”Southwest Airlines is discussing potential airport leases and lounges…
US President Donald Trump participates in a roundtable discussion with business leaders at the White House in Washington, DC, on December 10, 2025. Jonathan Ernst | ReutersPresident Donald Trump said Wednesday that the Fed’s latest decision to cut its benchmark interest rate by a quarter of a point could have “at least doubled.”President Trump, who has long urged the central bank to cut interest rates to spur further economic growth, called Fed Chairman Jerome Powell a “big-head” for approving a “fairly small” rate cut.Trump also said during a roundtable with CEOs at the White House that he planned to meet…