world
Government shutdown: House clears procedural hurdle to vote on funding bill
Most Democrats, who are in the minority in Congress, oppose the funding bill because it does not include extending enhanced ACA tax credits. Source link
Asia markets mostly rise as Dow tops 48,000 for first time; traders eye U.S. government reopening
Overnight, the Dow Jones Industrial Average recorded its first close above 48,000 Wednesday stateside. Source link
Jeffrey Epstein on Trump: 'I know how dirty donald is'
President Donald Trump and the DOJ have been criticized for reneging on promises by administration officials to release files about Jeffrey Epstein. Source link
Jeffrey Epstein files: House petition secures final signature to force vote on releasing docs
The Trump administration has been criticized for failing to release files about convicted sex offender Jeffrey Epstein, a former friend of President Trump. Source link
Cisco beats on earnings and guidance, lifting stock
Cisco has returned to growth this year after revenue dropped in 2024, but Wall Street is waiting to see if the company can be a major player in AI. Source link
Toyota opens new U.S. battery plant, confirms $10 billion in new investments
Toyota started production at a $13.9 billion U.S. battery plant and confirmed plans to invest up to $10 billion more than expected domestically over five years. Source link
Anthropic to spend $50 billion on U.S. AI infrastructure, starting with Texas, New York data centers
Anthropic rival OpenAI has secured more than $1.4 trillion worth of deals with Nvidia, Broadcom, Oracle, and the major cloud providers. Source link
AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’
Many of AMD’s hyperscaler customers have beefed up spending as AI reaches an “inflection point” and companies can see the return on that spending, Su added. Source link
Howard Marks warns of credit 'carelessness' following First Brands, Tricolor blow-ups
The Oaktree Capital co-founder examined the recent credit market upheaval in his latest client memo. Source link
Mortgage demand from homebuyers hits highest level since September, despite rising interest rates
Homebuyer demand for mortgages climbed last week to the highest level since September, even though interest rates also rose. Refinance demand, however, dropped. Source link