Author: Editor-In-Chief

The five-month process to find the next Federal Reserve Chairman appears to be reaching its final days, and one candidate has emerged as the betting favorite, even though other candidates are still in the running.Rick Rieder, BlackRock’s head of fixed income, is seen by prediction markets as the favorite to replace Jerome Powell at the central bank’s top job. Kalsi gives the Wall Street veteran a 48% chance of winning, well ahead of his next closest competitor, former Gov. Kevin Warsh, with 31%.But sentiment was volatile, and after less than a week it was Warsh who held a decisive advantage.What…

U.S. Federal Reserve Chairman Jerome Powell holds a press conference after the Federal Reserve cut interest rates by a quarter point in Washington, DC, on October 29, 2025. Kevin Lamarque | ReutersDespite a major change looming in the long-term direction of central banks, this week’s Federal Reserve meeting provided little suspense and likely no major action.Based on market expectations and comments from policymakers, there is virtually no chance the Fed will change its benchmark rate at the end of Wednesday’s meeting.Despite recent disagreements among Federal Open Market Committee members about the long-term trajectory of monetary policy, the short-term stance will…

Dario Amodei, co-founder and CEO of Anthropic, speaks at the 56th World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, January 20, 2026. Dennis Bariboos | ReutersAnthropic closed its latest funding round at a valuation of $350 billion, above its original target of $10 billion, CNBC confirmed on Tuesday.The round closed with a total value of $10 billion to $15 billion, according to three people familiar with the discussions, who requested anonymity because the details are confidential. However, this number may increase further if microsoft and Nvidia People said they decided to donate. In November, Microsoft and Nvidia announced plans…

House Democratic leaders on Tuesday threatened to begin impeachment proceedings against Homeland Security Secretary Kristi Noem unless President Donald Trump first removes her from office. Noem has come under increasing pressure in recent days over her comments following the shooting death of American citizen Alex Preti by federal agents in Minneapolis on Saturday.“The violence perpetrated against the American people by the Department of Homeland Security must end immediately,” House Minority Leader Hakeem Jeffries, Democrat Katherine Clark and Democratic Caucus Chairman Pete Aguilar said in a statement.”Kristi Noem must be removed from office immediately or we will begin impeachment proceedings in…

CBS News Editor-in-Chief Bari Weiss announced new plans for the station to grow its audience in an effort to expand the station’s political appeal after a series of setbacks.Among the changes announced at Tuesday’s all-hands meeting, as first reported by NPR, which sources from a set of journalists within the network who spoke on condition of anonymity, the network will bring in 18 new commentators similar to those at U.S. cable news giants CNN, MS Now and Fox, as well as significant cuts to commentators who disagree with Weiss’ vision for the network.Recommended stories list of 4 itemsend of listIn…

Aston Villa have signed striker Tammy Abraham from Besiktas in a deal worth £18.2m.Abraham, who has 11 England caps, spent the 2018/19 season on loan at Villa Park before returning to the club and helping the club win promotion to the Premier League via the play-offs. The forward moved from Chelsea to Roma in 2021, was loaned to AC Milan last season and has been on loan to Besiktas this season, scoring 12 goals in all competitions. Reluctant to part with Abraham, the Turkish side had to pay Roma £11.2 million to sign the striker on a permanent contract before…

The escalation in state violence in the United States is unprecedented. Two people were shot dead in Minneapolis in three weeks in an “anti-immigrant” attack. Both were branded “domestic terrorists.”Meanwhile, last week, U.S. Immigration and Customs Enforcement (ICE) agents used 5-year-old Liam Ramos as a bait to remove his asylum-seeking father from his home. The two are currently being taken to a detention center in Texas. The government calls this, the practice of confining children in mass detention camps, an “immigration crackdown.” ICE detained at least 3,800 children last year, including 20 infants.Across the country, ICE violence is creating a…

Fear’s team is literally trapped. The startup is focused on building an AI shopping agent, but Phia founders Phoebe Gates and Sofia Chianni are unable to leave their apartments after a snowstorm hits New York City. So when I chat with my former Stanford roommate and best friend, it’s unusual for them not to be with me or in Fear’s office. “We were like, ‘Okay, let’s stay home.’ It’s dangerous. No one needs to go to the office,” Kiani told TechCrunch with a laugh. But while she and Gates hunkered down at home, many employees still headed to the office.…

Corning stock may soar on Tuesday, but Jim Cramer has a clear message for investors tempted to take profits: “The rally isn’t over yet.” Corning’s stock soared more than 16% after CNBC reported that it had entered into a new partnership with the club, which owns MetaPlatform. Facebook’s parent company announced it will pay Corning up to $6 billion for fiber-optic cables used in its data centers through 2030. Corning rose to a new all-time high following the announcement, making it the biggest gainer in the S&P 500 on the day. But this monstrous move isn’t a reason for investors…

Gov. Greg Abbott speaks about the approaching winter storm Thursday, Jan. 22, 2026, at the State Operations Center in Austin. Jay Janner | Austin American Politician | Hearst Newspapers | Getty ImagesTexas Governor Greg Abbott on Tuesday ordered an investigation into the state’s H-1B visa program and directed state officials and universities to suspend new visa applications.”In light of recent reports of abuses in the federal H-1B visa program, and as the federal government continues to review the program to ensure American jobs are available to American workers, I am directing all state agencies to immediately freeze new H-1B visa…