Author: Editor-In-Chief
The U.S. Capitol dome lights up Wednesday, Nov. 12, 2025, as the House returns to Washington to vote to reopen the government.Bill Clark | CQ-Roll Call Inc. | Getty ImagesPrivate markets could see an influx of capital and investors under a bill approved by the House of Representatives on Thursday.A series of capital formation bills, known as the Investment Act, passed the House of Representatives by a vote of 302 to 123. Eighty-seven Democrats joined all Republicans in the House of Representatives in supporting the bill. The far-reaching bill would give more investors access to private markets. Lawmakers argue that…
Days after Warner Bros. Discovery agreed to a deal with streaming giant Netflix, the future of Warner Bros. Discovery is in the spotlight amid a hostile takeover by Paramount Skydance, which is seeking to acquire the storied media conglomerate that owns CBS, Comedy Central, Nickelodeon and major movie studios.Paramount bid $108 billion, compared to Netflix’s bid of $82.7 billion. Netflix’s move has sparked antitrust concerns, with progressives like Democratic Sen. Elizabeth Warren saying it would limit access for consumers and Hollywood filmmakers. The White House also said it would closely monitor the agreement.Recommended stories list of 4 itemsend of listBut…
1X has identified several potential buyers for humanoid robots designed for consumers. It’s a portfolio company of one of our investors. The robotics company announced Thursday a strategic partnership to make thousands of humanoid robots available to EQT’s portfolio companies. EQT is a leading Swedish multi-asset investor and its venture fund EQT Ventures is one of 1X’s backers. The agreement includes shipping up to 10,000 1X Neo humanoid robots between 2026 and 2030 to more than 300 EQT portfolio companies focused on manufacturing, warehousing, logistics, and other industrial applications. 1X plans to enter into separate agreements with each of EQT’s…
The Federal Reserve Board logo is visible on the William McChesney Martin Jr. Building in Washington, DC, on December 9, 2025. Andrew Harnik | Getty Images News | Getty ImagesThe Fed expects to cut interest rates only once in 2026, unchanged from its previous forecast made about three months ago.The central bank’s so-called dotplot, which shows the anonymous forecasts of its 19 individual members, shows that the median forecast for the federal funds rate at the end of 2026 is 3.4%, a quarter of a percentage point lower than the current range of 3.5% to 3.75%. This forecast is the…
Alex Karp, CEO of Palantir Technologies, attends the Pennsylvania Energy Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania, July 15, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesPalantir on Thursday expanded its lawsuit against two former employees to include the CEO of its new artificial intelligence startup, Percepta AI. In its lawsuit, Palantir alleges that Percepta CEO and co-founder Harsh Jain, co-founder Radha Jain, and a third employee, Joanna Cohen, violated non-solicitation agreements and hired top talent to create a competitive business. The three defendants are accused of attempting to “poach” executives and developers from their former…
South Australian Premier Peter Malinauskas told CNN’s Jake Tapper that his country’s world-first social media ban for children under 16 was meant to protect them from addictive algorithms, and asked: “What’s the worst that could happen here by delaying children’s access to social media?” In an exclusive feature, Tapper spoke with ban proponent Malinauskas and social psychologist Jonathan Haidt, author of “The Anxious Generation: The Great Rewiring of Childhood is Driving an Epidemic of Mental Illness.” Australia has banned under-16s from using 10 platforms: Instagram, Facebook, Threads, Snapchat, YouTube, TikTok, Kick, Reddit, Twitch, and X. Platforms have said they will…
Manchester United have released their results for the first quarter of the new financial year, with operating profits reflecting the controversial cost-cutting measures under Sir Jim Ratcliffe and INEOS.The latest report headings include: Total revenue fell slightly from £143.1m to £140.3m. This compares the last three months of commercial activity to the same three months in 2024. Man United recorded an operating profit of £13m compared to an operating loss of £7m a year ago. The club expects total annual revenue to be between £640m and £660m. A quarter of this will be a positive £160m per quarter, which means…
Federal Reserve President Stephen Milan speaks with CNBC at the Invest i America Forum on October 15, 2025.CNBCThe Fed’s decision to cut the federal funds rate by a quarter of a point on Wednesday had three opponents, making it the central bank’s most divisive decision in more than six years. Chicago Fed President Austan Goolsby also voted against the cut, as did Kansas City Fed President Jeffrey Schmidt. New member of the Federal Reserve Board, Stephen Milan, called for another half-point rate cut. This is the third consecutive dissenting opinion for Milan, who called for a half-point rate cut at…
In a video still image, U.S. troops rappel onto an oil tanker during a raid described by U.S. Attorney General Pam Bondi as a U.S. seizure off the coast of Venezuela, Dec. 10, 2025. US Attorney General | via ReutersThe White House announced Thursday that a large crude oil tanker seized by the U.S. military off the coast of Venezuela is “heading to a U.S. port.””And the United States is going to seize the oil,” White House press secretary Caroline Levitt told reporters at a briefing a day after the vessel, identified as “Captain,” was boarded and taken into control…
WASHINGTON, D.C. – American journalist Dylan Collins wants to know “who pulled the trigger” in the 2023 killing of Reuters video reporter Issam Abdallah, who was wounded in the Israeli Double Tap attack in southern Lebanon.Collins and his supporters are also seeking information about the military orders that led to the deadly attack. But more than two years later, Israel still has not provided a proper answer as to why it targeted a clearly identified reporter.Recommended stories list of 3 itemsend of listPress freedom advocates and three U.S. lawmakers joined former Al Jazeera reporter Collins at AFP outside the U.S.…