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Top Energy Democrat probes Trump administration's preparations for Strait of Hormuz closure

Top Energy Democrat probes Trump administration's preparations...

The strait has been effectively closed since the U.S. launched a war with Iran,...

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Morgan Stanley tops estimates as trading revenue exceeds expectations by nearly $1 billion

Morgan Stanley tops estimates as trading revenue exceeds...

Morgan Stanley's results in the quarter were powered by the firm's fixed income...

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Snap's stock jumps on plans to axe 16% of its workforce citing AI efficiencies

Snap's stock jumps on plans to axe 16% of its workforce...

Snap was up in premarket trading on Wednesday after announcing plans to lay off...

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Chip giants AMD, Qualcomm and Arm back driverless car startup Wayve with fresh funds

Chip giants AMD, Qualcomm and Arm back driverless car startup...

Wayve now has major semiconductor names, including Nvidia, as shareholders as it...

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Trump threatens to fire Powell if the Fed chair doesn't leave office on his own

Trump threatens to fire Powell if the Fed chair doesn't...

Though most Fed chairs in the past have left after being replaced, Powell has demurred...

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Kalshi and Polymarket vie for Washington influence as Congress contemplates regulation

Kalshi and Polymarket vie for Washington influence as Congress...

Prediction markets have boomed, inviting increased scrutiny from regulators and...

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Russia offers China energy lifeline as the Iran war strangles global supply

Russia offers China energy lifeline as the Iran war strangles...

"Russia can certainly fill the resource gap that has arisen in China," Russian foreign...

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AI becomes contentious issue in midterms over donations

AI becomes contentious issue in midterms over donations

Five Congress members endorsed by a major AI PAC are under new pressure from a coalition...

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Bank of America tops estimates as CEO Brian Moynihan says consumer banking is 'healthy'

Bank of America tops estimates as CEO Brian Moynihan says...

Bank of America, the second-largest U.S. bank by assets, has topped expectations...

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Snap's stock jumps 11% on plans to axe 16% of its workforce citing AI efficiencies

Snap's stock jumps 11% on plans to axe 16% of its workforce...

Snap was up in premarket trading on Wednesday after announcing plans to lay off...