Your Pulse On America: Live And Unfiltered
The trillion-dollar investment cycle into generative artificial intelligence is only just beginning, and is already starting to pay off, according to John Belton, portfolio manager at Gabelli Funds. Tech companies are set to invest roughly $1 trillion in capital expenditures into AI infrastructure over the coming years, causing some investors to worry the businesses may…
China’s Ministry of Commerce in Beijing. Visual China Group | Getty Images The U.S. and China have further confirmed the details of the trade agreement reached by both sides earlier this month in London, which will implement the Geneva consensus, according to a statement released by China’s Ministry of Commerce Friday afternoon. China will review…
Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks Tuesday before the House Financial Services Committee, the central bank leader asserted that the Fed is “well positioned to wait” on interest rate policy as…
A photo shows an electric car connected to a Tesla charging station (Tesla Supercharger) in Chasse-sur-Rhone, central France, on June 6, 2025. Alex Martin | Afp | Getty Images Tesla new car sales in Europe fell for a fifth straight month in May, according to data from the European Automobile Manufacturers Association, or ACEA, as…
Chair of the US Federal Reserve Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting in Washington, DC, on June 18, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell on Tuesday emphasized the central bank’s commitment to keeping inflation in check, saying he expects policymakers…
Airspace over the Middle East on Monday afternoon EDT, according to FlightRadar24. Courtesy: Flightradar24 Airlines diverted more flights in the Middle East on Monday after Iran’s armed forces said the country launched a missile strike on a U.S. military base in Qatar, exacerbating the region’s military conflict. More than 20 commercial aircraft bound for Doha,…
Tech stocks have acted like a stock market safe haven at various times in recent years when volatility went up, such as during the Covid pandemic. But a recent slide in the tech stock often considered to be the safest of all, Apple, has raised questions about that role for the market’s leading sector. As…
Bitcoin fell to its lowest level since May over the weekend, as rising tensions in the Middle East and renewed inflation fears triggered a sharp selloff across digital assets. Bitcoin dropped below the $99,000 mark on Sunday — its lowest level in more than a month — while ether plunged over 10% at one point,…
Israeli security forces and first responders gather at the site of an Iranian strike that hit a residential neighbourhood in the Ramat Aviv area in Tel Aviv on June 22, 2025. Jack Guez | Afp | Getty Images Iran’s Foreign Minister Abbas Araghchi on Sunday said Tehran reserves all options to defend its sovereignty and…
Wall Street will continue to monitor the Iran-Israel war next week, with stocks at a bit of an impasse as investors await greater clarity on the economic outlook. The S & P 500 remains on the cusp of an all-time high, more than 2% off a February peak it has yet to clear as investors…