USA News and Economic Updates
Kalshi traders price low odds of U.S. taking OpenAI stake in 2026
Speculation over possible U.S. government equity stakes in artificial intelligence companies is continuing after reports that OpenAI proposed offering Washington a shareholding. Prediction market ...
CFTC charges Argent Capital Management over alleged $14 million crypto and futures fraud in North Carolina
Federal regulators are pursuing a North Carolina commodity pool case that spans futures, options and cryptocurrency trading and allegedly affected about 60 participants. The complaint targets ...
Brazil instant coffee tariffs threaten U.S. consumer prices and importer margins
A proposed new U.S. tariff on Brazilian instant coffee is raising concerns over supply costs in a market that relies heavily on imports. Industry groups say the measure could lift prices for ...
Union Pacific and Norfolk Southern defend $85 billion merger before U.S. regulator
U.S. rail consolidation is facing a new regulatory test as Union Pacific and Norfolk Southern press ahead with their proposed $85 billion combination. The companies say they are prepared to divest ...
Disney challenges FCC probe into ABC's The View amid U.S. media regulation dispute
Tensions between major U.S. media groups and the Trump administration are intensifying as Disney contests a federal review of ABC talk show The View. The dispute centers on whether the programme ...
OpenAI expands investment banking hiring push in San Francisco
As AI groups compete for more enterprise spending from financial institutions, OpenAI is recruiting an investment banking specialist for its Applied AI team in San Francisco. The role offers base ...
U.S. trade gap widens on record capital goods imports in May
A surge in business spending tied to artificial intelligence is pushing U.S. imports higher and keeping trade a headwind for economic growth in the second quarter. In May, the widening deficit ...
Trump Accounts draw early family uptake as $1,000 federal baby investment program launches
Families with children born between 2025 and 2028 are beginning to enroll in Trump Accounts, a new government-backed investment program that provides eligible babies with $1,000. The accounts give ...
BlackRock launches Nasdaq-100 ETF to challenge Invesco in U.S. tech fund market
Rising investor appetite for large-cap technology stocks is driving fresh competition in the exchange-traded fund market tied to the Nasdaq-100 index. BlackRock says its new product begins trading ...
Arnold Ventures commits $2.6 million to study online sports betting risks in the U.S.
As online sports betting expands across the U.S., concerns are growing over its effects on household finances, mental health and consumer behavior. Arnold Ventures is committing $2.6 million in ...
OpenAI stake proposal raises regulatory capture concerns in U.S. AI policy
Debate over how the U.S. should share in the economic gains from artificial intelligence is intensifying as OpenAI Chief Executive Sam Altman proposes giving the government a 5% stake in the ...
Trump says crypto stance supports U.S. political and strategic interests
Donald Trump says his shift toward cryptocurrency is tied to both electoral politics and competition with China. The U.S. president makes the remarks at a White House event for "Trump Accounts," ...
Maine Democrats weigh Senate candidate switch as Platner faces new allegation
Pressure is building on Maine Democratic Senate nominee Graham Platner to leave the race after a new sexual assault allegation deepens a string of controversies around his candidacy. A withdrawal ...
Maine Democrats face Senate ballot risk as Graham Platner weighs exit
Pressure is building on Democrats in Maine as their candidate in a pivotal Senate race considers his next steps after new sexual assault allegations emerged. The uncertainty comes just before a ...
Walmart cuts prices on food and household items after Trump says White House sought discounts
As the U.S. prepares for the nation’s 250th anniversary celebrations, Walmart is lowering prices on a selection of grocery and household products. President Donald Trump says the move follows a ...
White House continues to evaluate structure for U.S. bitcoin reserve
More than a year after President Donald Trump ordered the creation of a federal bitcoin reserve, the administration is still working through how the fund should be set up. The review also covers a ...
Investor groups urge U.S. SEC to keep quarterly reporting rules
Public comments on the U.S. Securities and Exchange Commission's proposal to let listed companies report twice a year instead of quarterly show broad resistance from investor groups. The feedback ...
U.S. families assess Trump Accounts as child savings options expand
Trump Accounts are entering the U.S. household savings market as millions of parents weigh how the new tax-advantaged vehicles match their long-term financial plans. More than 6 million children ...
Toyota to invest $3.6 billion in Texas Tacoma shift, adding U.S. capacity and jobs
Toyota is expanding its manufacturing footprint in Texas as it reorganizes North American production of its Tacoma midsize pickup truck. The $3.6 billion plan is expected to add 2,000 U.S. jobs, a ...
White House bitcoin reserve plan faces legal review and agency debate
The Trump administration's effort to create a strategic bitcoin reserve is running into legal and jurisdictional questions as officials weigh how the program should be structured. The plan, first ...
Bitmine expands Ether treasury as U.S. Clarity Act odds support crypto strategy
Bitmine Immersion Technologies is increasing its Ether holdings as it deepens a treasury strategy tied to the smart contract blockchain. The latest purchase adds about $74 million in ETH and comes ...
