Business

Two 14-year-old boys in Pennsylvania used AI to produce over 350 fake nude images of classmates including 59 underage girls. They received probation after victims testified to severe emotional harm.

Higher mortgage rates and economic uncertainty from the Iran conflict threaten the U.S. housing recovery. Key factors include rising costs and fluctuating home sales.

Micron's stock has reached a ceiling after a record-breaking earnings report, prompting questions about its future in the AI-driven memory market. The company's $25 billion CapEx plan and market reactions highlight the challenges of sustaining high growth in a rapidly evolving sector.

U.S. officials have reported that a 15-point plan to end the war with Iran is in the works, as President Trump claims negotiations are ongoing. The plan, delivered through Pakistan, faces uncertainty in its implementation, while military operations continue. The U.S. and Iran's diplomatic efforts co

The Senate on Monday confirmed Sen. Markwayne Mullin's nomination to lead the Department of Homeland Security, a move that comes as the agency faces a funding crisis and political scrutiny. The confirmation, with 54-45 votes, marks a key step in the Trump administration's effort to restructure the a

The iconic Paradise Cove Luau, a 47-year cultural cornerstone of Kapolei, closed on New Year’s Eve 2025, signaling a $135 million redevelopment of the site. This shift reflects broader changes in Hawaii’s tourism industry, as luxury experiences replace traditional, high-volume attractions. The closu

The April oil crisis could trigger a repeat of the 1970s crisis, with fuel prices soaring and supply shocks impacting global economies. The Strait of Hormuz closure and geopolitical tensions threaten to create a 20% supply gap, forcing nations to confront the realities of a volatile energy market.

Napa Valley's wine industry is in crisis as demand plummets, with small producers adapting to survive. A 2025 report warns of a 'bumpy bottom' in 2027, as baby boomers retire and health trends shift consumer preferences. Winemakers are redefining their strategies to appeal to a new generation.

Walmart plans to roll out digital price tags in all US stores by the end of 2026, aiming to improve efficiency and customer service. However, lawmakers have raised concerns about the potential for surge pricing.

As GLP-1 drug use rises, restaurants face both challenges and opportunities in adapting to changing consumer demands. With 18% of U.S. adults on these treatments, food companies are repositioning menus to offer more protein, fiber, and hydration for weight loss users.

A San Francisco jury ruled unanimously that Elon Musk misled investors during Twitter’s 2022 buyout by falsely claiming the platform’s user metrics were flawed and threatening to abandon the $44 billion deal. The verdict could result in thousands of dollars in damages for class-action investors who

The U.S. Department of Energy unveiled a $4.2 billion public-private partnership with SoftBank and AEP Ohio to develop a 10-gigawatt data center and gas-fired power complex at a former Ohio uranium enrichment plant. The project aims to accelerate AI infrastructure while reshaping energy policy in Ap

The FCC granted Nexstar Media Group a waiver to acquire Tegna for $6.2B, allowing the broadcaster to bypass the 39% national TV ownership cap. The deal, backed by Trump and FCC Chair Brendan Carr, faces lawsuits from eight state AGs challenging its legality and impact on local journalism.

Spring homebuying season kicks off with mortgage rates jumping to 6.53%, erasing earlier affordability gains. Rising oil prices from regional conflict and sticky inflation have forced the Federal Reserve to reconsider rate cuts, upending buyer optimism.

The closure of the Strait of Hormuz and recent missile strikes on Iran’s South Pars gas field and Qatar’s LNG facilities have disrupted 20% of global LNG supply, sending oil prices soaring past $120 a barrel. Analysts warn the conflict risks triggering a depressionary economic crisis, with long-term

The International Energy Agency warns of the worst energy security threat in history, urging governments to lower speed limits, promote remote work, and adopt stricter conservation measures amid soaring fuel prices and geopolitical disruptions.

The Trump administration approved Nexstar’s $6.2 billion acquisition of Tegna on March 20, 2026, creating the largest local TV station owner in the U.S. with 265 stations. Eight state attorneys general sued to block the merger, citing antitrust concerns and reduced media competition.

UK government borrowing costs surged to the highest level since the 2008 financial crisis after Iran conflict-driven energy shocks pushed 10-year gilt yields above 5%. Markets now expect Bank of England rate hikes by year-end.

The FCC cleared Nexstar’s $6.2 billion acquisition of Tegna, creating the largest local TV station owner in the U.S. by household reach. The decision waived the 39% ownership cap and drew an antitrust lawsuit from eight states led by California and New York.

Novartis agrees to pay up to $3B for SNV4818, a mutant-selective PI3Kα inhibitor targeting 40% of HR+/HER2- breast cancer patients with PIK3CA mutations. The deal strengthens Novartis’s oncology pipeline amid rising demand for precision therapies.

Nvidia CEO Jensen Huang warns top engineers who spend less than half their $500,000 salary in AI tokens risk raising red flags. His remarks at the GPU Technology Conference and 'All-In Podcast' highlight a growing trend: AI compute is becoming a critical part of compensation.

Supermicro co-founder Yih-Shyan 'Wally' Liaw was arrested Thursday for allegedly orchestrating a $2.5 billion scheme to smuggle AI servers packed with Nvidia GPUs to China. The DOJ unsealed an indictment in Manhattan federal court, charging Liaw, a close confidant of CEO Charles Liang, with violatin

The S&P 500 fell 1.5% Friday, capping a fourth consecutive weekly loss as Brent crude hit $112 amid Iraq's force majeure declaration and drone strikes on Kuwaiti refineries.

A widening Middle East conflict is triggering a global oil shock, pushing U.S. gasoline prices toward $4/gallon and diesel above $5, while economists warn of recession risks. Supply chain disruptions and inflation pressures could derail fragile economic growth.