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California gained $11 billion in extra tax revenue from an AI‑driven tech stock surge

California gained $11 billion in extra tax revenue from an AI‑driven tech stock surge

California just pulled in $11 billion in extra tax revenue after a sharp jump in AI‑linked tech stocks pushed capital‑gains income way above foreca...
Nvidia shares soar as AI-fueled earnings beat powers bullish outlook

Nvidia shares soar as AI-fueled earnings beat powers bullish outlook

Nvidia Corp. shares rallied after the AI-chip bellwether smashed Wall Street’s third-quarter projections and signalled another record period ahead,...
Kevin Hassett said Congress has room to approve $2,000 tariff rebate checks next year

Kevin Hassett said Congress has room to approve $2,000 tariff rebate checks next year

Kevin Hassett, one of Donald Trump’s finalists for Federal Reserve chair, said on Wednesday that Congress has room to consider $2,000 tariff rebate...
The Bureau of Labor Statistics will not release the October jobs report because the shutdown stopped all data collection

The Bureau of Labor Statistics will not release the October jobs report because the shutdown stopped all data collection

The Bureau of Labor Statistics said Wednesday it will not publish the October jobs report, after a 44‑day government shutdown stopped workers from ...
Senate Banking Committee approves Travis Hill’s FDIC nomination 13‑11, sending it to the full Senate

Senate Banking Committee approves Travis Hill’s FDIC nomination 13‑11, sending it to the full Senate

Travis Hill has advanced toward becoming the permanent FDIC chair after a narrow vote by the Senate Banking Committee.