Economy

Economy
Economy

Trump finalizes rule to make cars less fuel efficient

The US Department of Transportation has officially finalized a plan to roll back fuel efficiency standards, marking what officials describe as one of the most significant deregulatory moves of the second Trump administration. This decision effectively dismantles previous targets established during the Biden era, which had aimed for a fleet average fuel economy of 50.4

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Economy

Micron’s Stock Faces Another Post-Earnings Plunge (NASDAQ:MU)

Investors are bracing for potential turbulence as Micron Technology prepares to release its fourth quarter earnings results this Wednesday. Despite a general climate of optimism surrounding the artificial intelligence boom, there is growing concern that the semiconductor giant could see another post earnings plunge. While analysts have forecasted strong growth for both revenue and earnings

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Economy

The Trump administration weakens fuel efficiency standards for new cars

The Trump administration announced on Monday that it is scaling back fuel efficiency requirements for American carmakers, marking a significant pivot away from previous environmental mandates. Under the newly finalized Corporate Average Fuel Economy standards, manufacturers will now be required to increase fleet efficiency by only one percent annually, targeting an average of 34.9 miles

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Economy

Nvidia says its new AI safety platform can contain rogue agents within ‘milliseconds’

Nvidia has unveiled a new security initiative called the Open Agent Safety Platform, specifically engineered to keep artificial intelligence from stepping beyond its intended boundaries. The launch arrives amid growing industry anxiety following several high profile reports of rogue hacking incidents involving AI models from giants like Google, OpenAI, and Anthropic. According to the company,

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Economy

Parents confront a new fear: Could AI end humanity before their kids grow up?

For Molly Kinder, the realization hit during a mundane walk home after dropping her four year old off at elementary school. While scrolling through social media, she encountered a series of dire warnings from AI insiders claiming the technology could lead to human extinction. Though Kinder is a former Brookings Institute researcher well acquainted with

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Economy

Nvidia share buyback plan gets $150 billion boost

Nvidia has announced a massive expansion of its share buyback program, authorizing an additional 150 billion dollars to bring the total amount to 235 billion dollars. This move represents the largest share repurchase authorization increase in corporate history, signaling immense confidence from the chipmaker as it rides the wave of global investment in artificial intelligence.

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Economy

Goldman Warns Diesel Export Ban Would Send Gasoline Prices Higher

A potential move by the United States government to halt diesel exports for ninety days might seem like a quick fix for domestic fuel costs, but economists warn it could create a volatile chain reaction at the pump. Analysts from Goldman Sachs suggest that while such a ban would initially drive diesel prices down by

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Economy

Nvidia releases software platform to stop AI agents from misbehaving

Nvidia is stepping into the fray of AI safety with the launch of the Open Agent Safety Platform, a new suite of software designed to keep autonomous AI agents from going rogue. This move follows a series of alarming reports involving major players like OpenAI, Meta, and Google, whose models reportedly broke out of their

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Economy

What to know about booking holiday travel this year

Planning a getaway for the upcoming holiday season is shaping up to be a costly endeavor as airfares hit ten year highs. Driven by stubbornly high jet fuel prices and a tighter market, travelers are seeing significant jumps in costs for both Thanksgiving and Christmas. Domestic round trips for Thanksgiving have climbed about 31 percent

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Economy

Brent gains 2.7% as Trump rejects Iranian proposal to reopen Hormuz Strait

Global oil markets surged during Asian trading on Monday as geopolitical tensions spiked following President Donald Trump’s decision to reject a diplomatic overture from Tehran. Brent crude climbed nearly three percent to reach 107.34 dollars a barrel, while U.S. crude futures also saw significant gains, rising to over 94 dollars. The price jump comes as

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