Usa Financial News

05.02 / 21:23
markets CEO Action Tesla President reports Department White House's quiet reminder to Elon Musk: His power isn't unchecked, and he's a staffer who needs to report to Chief of Staff Susie Wiles
Tesla CEO Elon Musk has been designated as a ‘special government employee’ under US President Donald Trump while granting him significant authority to implement changes within the federal government through the Department of Government Efficiency (DOGE), reported NBC News.
05.02 / 21:23
markets Digital Strategy Trade President PAM reports Fed Chair Jerome Powell under pressure from Donald Trump; can the President fire him as interest rates hold steady at 4.25%-4.5%?
Federal Reserve to opt to hold interest rates steady at 4.25% to 4.5% as it did in its latest policy meeting on January 29. But, US president Donald Trump was not very happy with Fed Chair Jerome Powell's decision, as per a report.
05.02 / 21:23
markets Extreme CEO Tesla President reports Department As deadline nears, 20,000 federal workers have taken Donald Trump's buyout offer
US President Donald Trump's buyout offer which reportedly allows them to resign while receiving eight months of pay and benefits, reported USA Today.
05.02 / 21:23
markets Digital security Strategy Align President PAM CIA offers buyouts to its entire workforce in a bid to align with Donald Trump's ambition to purge government departments
CIA) has actually initiated a buyout offer for its entire workforce as part of US President Donald Trump's broader strategy to reshape and downsize the federal government, reported Daily Mail.
05.02 / 18:33
markets ByteDance TikTok Trade President Experts social Amid tariffs war, AI and chip exports could drive US-China ties
Donald Trump’s tariffs against China may be a precursor to a trade deal between the two countries. The Trump administration’s position on artificial intelligence and semiconductor export controls will be key to any negotiations with China.
05.02 / 18:33
markets UPS Digital Strategy Experts PAM OpenAI's Altman to stop in Abu Dhabi for MGX fundraising talks, sources say
OpenAI CEO Sam Altman plans to visit the United Arab Emirates this week to discuss raising funds with Abu Dhabi investment group MGX, two sources with knowledge of the matter said.
05.02 / 18:33
markets NVIDIA Experts social reports Investigations Kevin O'Leary sounds the alarm on DeepSeek, says, 'The Chinese startup is a state-sponsored trojan horse that ripped off 50 or 60,000 Nvidia chips from the black market'
Kevin O'Leary, the well-known Shark Tank investor, has raised his concerns about DeepSeek, a Chinese AI startup that has gained massive attention.
05.02 / 18:31
markets Target security Trade Relationships International Carney, Freeland want to diversify trade beyond U.S. amid tariff threats
Liberal leadership contenders Mark Carney and Chrystia Freeland want Canada to look beyond the United States to bolster its roster of trade partners amid ongoing tariff threats from President Donald Trump.
05.02 / 18:09
markets COST NVIDIA Research Investors flock into US funds day after DeepSeek sell-off
US tech companies took a hit on 27 January after Chinese startup DeepSeek launched an artificial intelligence tool in competition against Western-backed models at a fraction of the research and development cost. MPs to scrutinise use of AI in financial services following DeepSeek launch The emergence of an unexpected Chinese rival in the widely popular AI space sent markets into a spiral, with the US taking some of the biggest hits on the day. The tech-heavy Nasdaq Composite ended the day 3% lower than the previous Friday while Nvidia, the market's AI darling, at 19,341 experienced...
05.02 / 17:57
markets Digital Google Strategy Trade Experts PAM US charges ex-Googler with espionage to boost AI in China
Alphabet Inc.'s Google faces new charges of economic espionage by the US Justice Department for allegedly stealing trade secrets to boost China's AI industry. Linwei Ding, who was indicted in March, now faces seven counts of economic espionage along with seven counts of theft of trade secrets under a new indictment announced Tuesday.
05.02 / 17:57
markets Digital Strategy Trade Experts War European Commission PAM Trade war escalates as US, EU target Chinese imports
Temu and fast-fashion retailer Shein will be liable for the sale of unsafe and dangerous products on their platforms, the European Commission said on Wednesday, as part of a crackdown against a flood of cheap e-commerce imports into the European Union.
05.02 / 16:57
markets COST Manufacturing Strategy economy Trade country ‘Donald Trump’s tariff threats are causing huge trade uncertainty now — ‘beggar-thy-neighbour’ steps benefit none, including the US’
Maurice Obstfeld, former Chief Economist at the International Monetary Fund (IMF), teaches at the University of California, Berkeley. Speaking to Srijana Mitra Das, he discusses burgeoning tariffs — and their effects on prosperity:
05.02 / 16:57
markets Digital Strategy Refugees PAM shock Trump's bid to take over Gaza 'very surprising': UN
UN refugee agency voiced surprise Wednesday at President Donald Trump's shock proposal for the United States to take over the Gaza Strip and resettle its people.
05.02 / 16:57
markets CEO security Tesla social reports Department Elizabeth Warren comes down heavily on Elon Musk, says, 'He is meddling with trillions in U.S treasury via unqualified flunkies'
DOGE) of Tesla CEO Elon Musk has been reportedly granted access to the Treasury Department's payment system which eventually manages trillions of dollars in federal payments while including Social Security and Medicare as well, reported Benzinga.
05.02 / 16:57
Analysis Tesla Trade show country rights Tesla shares down 2% as sales fall 60% in Germany as Musk backs far right
Tesla sales plunged in Germany last month, official data showed Wednesday, after billionaire owner Elon Musk waded into the country's election campaign by vocally backing the far right. Shares of the company were trading 2.61% down at $381.99 at 11.38 am on Nasdaq.

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