The Trump Administration has gutted the CFPB, but states like Texas, Oregon and New York are targeting payments firms and filling in enforcement gaps.
Semiconductor stocks slide as Wall Street questions AI capex growth, erasing $1.3 trillion and putting Intel, Micron and AMD under pressure amid rising rate fears.
Volkswagen is in crisis again, as critics say it should behave like a normal shareholder-owned company. Despite the huge problems, don’t expect radical action.
VW’s crisis may force the EU to dilute its plan to impose an electric-vehicle monopoly on the new car market by 2035 or extend EV tariffs on China.
Amid allegations of sharing customer data with China, Australian payments startup Airwallex, now valued at $11 billion, is gunning for Stripe and Ramp.
The price of tin is being driven up by strong demand for the old metal in modern electronics, including data centers being developed for artificial intelligence (AI)
BMW shares steadied but a leading ratings agency slashed its outlook to negative from stable, as analysts wondered if the German manufacturing base might be under threat.
BMW’s share price is still sliding after shareholders were shocked by news it warned, again, about a big threat to profits because of twin blows from China.
Corporate leaders who assume unconditional support from investors for aggressive AI deployment may want to think again.
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