IBM, set to receive $1 billion of the package, saw large stock gains along with other…
Day: May 22, 2026
The AI Superstars Who Say a ‘Vibe Slop’ Crisis Is Coming
A pair who helped launch the agentic-AI craze worry that their creations are pumping out bad—even…
How Supervoting Shares Tighten Musk’s Iron Grip on SpaceX
With supervoting shares and help from Texas state law, the CEO has worked to address governance…
Execs Are Deploying Digital Twins to Do Their Work
Plus, what it’s like to use an e-hiking exoskeleton and how ground drones are revolutionizing warfare.
Week Ahead for FX, Bonds: U.S. PCE Data, Middle East Developments in Focus
U.S. PCE inflation figures will likely mark the highlight among economic data due in the coming…
U.S. Energy Storage Expands to Support Growing Power Needs
The U.S. energy storage industry installed a record amount of capacity in the first quarter as…
Kevin Warsh is to be sworn in as Fed chair on Friday, and some investors say the central bank’s next move could be a rate hike—not the cut he was hired to deliver
Kevin Warsh becomes head of the central bank as rising inflation and climbing bond yields challenge…
EU, Mexico to Sign Updated Trade Agreement
The European Commission proposed legislation for the deal in September 2025, which will remove tariffs on…
President Trump told his new Fed chair, Kevin Warsh, to ignore the political pressure during his swearing-in ceremony—and then the president laid out what he’d like to see
President Trump encouraged the new Fed chair to operate independently. Then, he signaled what he’d like…
Morning news brief
Senate breaks for recess, delaying vote on ICE funding, DNC releases ‘autopsy’ of 2024 presidential election,…