Judge Rules EPA Must Reinstate $7 Billion Biden-Era Subsidies For Solar Promotion

Hoping to transition from being “Chicago’s Most Connected Banker” to once again holding elected office, the two-term former Mayor of Chicago and former chief of staff to Barack Obama, Rahm Emanuel, did this month what all savvy political hopefuls do: He traveled to meet some of the largest power brokers in American politics at their […]

Paramount Eyes California Exit, Hunts Nashville Offices As "Insane Communist Wackos" Ruin State Paramount Skydance Chairman and CEO David Ellison is exploring a potential California exit as the studio battles a multistate challenge to its $111 billion acquisition of Warner Bros. Discovery. Politico reported late Wednesday that the studio is seeking roughly 400,000 square feet of office space in Nashville, signaling that its relocation is in the works. We have reported in the last few days and last month of Paramount's plan to exit the left-wing state (read here & here).  The...

Futures Slide As Tech Tumbles On Fears Of AI Slowdown, Oil Jumps US futures are sliding, dragged by fears of a possible AI development slowdown as well as higher oil prices (Brent > 108), though bond yields are not reacting yet (10Y yield still under 5%). As of 8:00am ET, S&P futures are down 0.6%, and potentially facing their first down 1% day since late July; Nasdaq futures plunging 1.5% as AI-linked stocks like chipmakers and memory tumble in US premarket trading following a call to put the brakes on developing cutting-edge...