Big Tech heavy hitters such as OpenAI, Meta, and Microsoft are pushing for Congress to advance legislation to reform the process for obtaining federal permits for projects to build out artificial intelligence infrastructure in the United States. Backers of the bill, the SPEED Act, argue it is key to helping the U.S. beat out China…
The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc, Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as…
Forget toys and collectibles, crypto might be a hot ticket item this holiday season. In the U.S. 45% of Gen Z adults aged 18 to 28 said they would be excited to receive cryptocurrency as a holiday gift this year, according to a global survey of 1,000 adults conducted by payment technology company Visa in…
Ukrainian President Volodymyr Zelenskyy meets with British Prime Minister Keir Starmer, French President Emmanuel Macron, and German Chancellor Friedrich Merz at 10 Downing Street, in London, Britain, December 8, 2025. Toby Melville | Reuters Ukraine has said it’s willing to give up its aspirations to join NATO in return for security guarantees, as part of…
President Donald Trump has vowed to lead a revival in U.S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. The administration’s goal of a shipbuilding boom is a part of Trump’s “Make America Great” policy agenda. Trump signed an executive order…
Sunny Isles Beach, Florida, Miami, RK Centers shopping mall, business sign, CVS Pharmacy retail store, drugstore chain prescription medicine. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Jeff Greenberg | Universal Images Group | Getty Images The U.S. Federal Reserve cut key interest rates by 25 basis points, lowering borrowing costs for the third…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Todd Combs’ surprise departure from Berkshire Hathaway got most of the attention when it was announced this week. There were also, however, several additional personnel…
Billionaire philanthropist MacKenzie Scott has unveiled the final tally for her 2025 charitable donations, which totaled $7.17 billion in gifts to roughly 225 organizations, she wrote in a blog post published on Tuesday. “This dollar total will likely be reported in the news, but any dollar amount is a vanishingly tiny fraction of the personal…
An employee with the Transportation Security Administration (TSA) checks the documents of a traveler at the Hollywood Burbank Airport in Burbank, California, U.S., Oct. 1, 2025. Daniel Cole | Reuters The Transportation Security Administration is giving U.S. immigration officials the names of every airline traveler as part of the Trump administration’s widespread deportation program, The…
“This is the wrong approach — and most likely illegal,” Sen. Amy Klobuchar, D-Minn., said in a post on X Thursday. “We need a strong federal safety standard, but we should not remove the few protections Americans currently have from the downsides of AI,” Klobuchar said. Trump’s executive order directs Attorney General Pam Bondi to…
