Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower

An Israeli airstrike killed three Palestinians in Gaza City on Sunday, the head of the al-Shifa Hospital told Reuters, as Israeli attacks continue to hit the Strip amid the US-Israeli war against Iran. According to medics, the Israeli attack struck western Gaza City near a crowded tent camp, killing three men, including a paramedic. Several […]

Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million Trump's nominee for next Fed Chair, Kevin Warsh, disclosed assets with his wife, heiress Jane Lauder, that total at least $192 million, though - according to Bloomberg - "the actual figure for their holdings is certainly much higher", underscoring the extent of his close ties to Wall Street through personal investments and advisory positions. Warsh, who was chosen in January by President Donald Trump to succeed Jay Powell, received more than $13 million in consulting fees last year, including $10.2...

Another Greek Tanker Sneaks Through Strait Of Hormuz Another Greek-controlled oil tanker has crossed the Strait of Hormuz, despite Iran's declaration that only "friendly" vessels will be allowed to make the transit, marking the fourth such voyage since hostilities in the Middle East began. The suezmax Pola, which switched off its tracking system in the Persian Gulf on March 10, was detected again on Monday by the Automatic Identification System: it was located several thousand miles away.  The ship was sailing in the eastern Indian Ocean near the maritime corridor off the...