President Trump Orders DOJ to Investigate Oil Companies Over Gas Price Discrepancies
President Trump directs the Department of Justice to probe major oil firms for not lowering pump prices in line with rapidly falling crude oil costs.
Latest news
Energy & Climate
Corporate Power
Kalshi Confirms IPO Plans Are in Early Stages, No Listing Expected This Year
Kalshi’s CEO confirmed the company is considering an IPO but ruled out a public listing this year, highlighting efforts to address insider trading concerns.
Trade & Tariffs
How Western Firms Struggle to Grasp China Beyond Economic Metrics
Despite decades of engagement, Western companies still misinterpret China’s complex business culture, overlooking the social and cultural dynamics that shape success.
Markets & Macro
Gold IRAs Draw Investor Interest Amid Inflation and Rising Gold Demand Despite Risks
Gold IRAs attract growing attention as investors seek inflation protection, but regulatory limits, fees, and gold’s price volatility complicate the appeal of these retirement vehicles.
Big Tech
Qualcomm Unveils Dragonfly: A Comprehensive AI Compute and Networking Platform for Future Data Centers
Qualcomm introduces its Dragonfly ecosystem, combining AI accelerators, CPUs, advanced memory, and connectivity solutions in a unified platform for next-generation AI data centers.
Crypto & Fintech
Polymarket Initiates Internal Inquiry Following WSJ Claims of Misleading Social Media Marketing
Polymarket announced a probe after The Wall Street Journal reported that the platform paid influencers to promote false winning bets, raising questions about its marketing practices.
Trade & Tariffs
Iran Uses China's Yuan to Evade US Sanctions on Oil Trade
Iran increasingly conducts oil sales through Chinese buyers paid in yuan, bypassing US banks and complicating American sanctions enforcement.
Markets & Macro
Federal Reserve Streamlines Bank Oversight to Sharpen Focus on Financial Risks
The Federal Reserve restructures its bank supervision unit to emphasize core financial risks, merging key teams and adjusting management to improve efficiency and economic analysis.
AI & Tech Regulation
AI-Powered Software Accused of Enabling Gas Stations to Inflate Fuel Prices in California
A federal lawsuit claims that AI-driven fuel-pricing software has facilitated illegal coordination among California gas stations, leading to higher pump prices.
Corporate Power
Qualcomm Explores Custom Chip Design for ByteDance and Expands AI Compute Ambitions
Qualcomm is reportedly in early talks to provide custom chip design services to ByteDance, signaling its push beyond smartphones into broader chip and AI computing markets.