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Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks - CNBC
business

Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks - CNBC

Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry executives and their lobbyists this week.

CNBCHugh Son
Trump Administration Calls for Emergency Power Auction to Build Big Power Plants Again - Department of Energy (.gov)
business

Trump Administration Calls for Emergency Power Auction to Build Big Power Plants Again - Department of Energy (.gov)

Building a more reliable and affordable electricity supply for American industry and families across the Mid-Atlantic U.S.

Energy.gov
With 2.7 million acres, Stan Kroenke is now the country’s largest private landowner - NBC Sports
business

With 2.7 million acres, Stan Kroenke is now the country’s largest private landowner - NBC Sports

Go West, young man.

NBCSports.comMike Florio
Trump administration pushes PJM to hold ‘emergency’ auction to supply data centers - Utility Dive
business

Trump administration pushes PJM to hold ‘emergency’ auction to supply data centers - Utility Dive

Capstone analysts said the proposal lacks binding authority, “reinforcing that this is policy signaling, not an imminent market reform.”

Utilitydive.comEthan Howland
Senate Democrats serious about crypto bill reboot, they said in call with industry - CoinDesk
business

Senate Democrats serious about crypto bill reboot, they said in call with industry - CoinDesk

The Democratic contingent in negotiations over U.S. crypto market structure got back into the talks over the bill, though they sought to keep details private.

CoinDeskJesse Hamilton
Biggest offshore wind project in U.S. to resume construction after judge lifts Trump suspension - CNBC
business

Biggest offshore wind project in U.S. to resume construction after judge lifts Trump suspension - CNBC

Coastal Virginia Offshore Wind will resume construction after a federal judge on Friday temporarily lifted the Trump administration's suspension.

CNBCSpencer Kimball
Trump launches bid to tame electricity prices in the Northeast - Politico
business

Trump launches bid to tame electricity prices in the Northeast - Politico

The White House joins governors in a move to boost electricity generation in one of the country's most expensive markets.

PoliticoZack Colman, Josh Siegel
Ads Are Coming to ChatGPT. Here’s How They’ll Work - WIRED
business

Ads Are Coming to ChatGPT. Here’s How They’ll Work - WIRED

OpenAI says ads will not influence ChatGPT’s responses, and that it won’t sell user data to advertisers.

WiredMaxwell Zeff
Donald Trump to unveil home buying plan involving retirement funds - BBC
business

Donald Trump to unveil home buying plan involving retirement funds - BBC

The housing proposal will let Americans use their 401(k)s for down payments, a Trump economic adviser said.

BBC News
The essential guide to Micron’s chip project in Upstate NY: Timeline, hiring, construction and costs - Syracuse.com
business

The essential guide to Micron’s chip project in Upstate NY: Timeline, hiring, construction and costs - Syracuse.com

Here is what you need to know about the expected milestones and promises for the largest private project in New York history.

syracuse.comGlenn Coin | gcoin@syracuse.com
Scaramucci on Trump's move to cap credit-card fees: He's 'texting back and forth with Mayor Mamdani' - Fortune
business

Scaramucci on Trump's move to cap credit-card fees: He's 'texting back and forth with Mayor Mamdani' - Fortune

The "mooch" says it really shows a pivot to "full nihilism." His podcast guest, longtime GOP strategist Stuart Stevens, called it "darkly hysterical."

FortuneNick Lichtenberg, Eva Roytburg
S&P 500 seesaws after Trump signals Hassett may not be pick for new Fed chair: Live updates - CNBC
business

S&P 500 seesaws after Trump signals Hassett may not be pick for new Fed chair: Live updates - CNBC

Semiconductor and bank stocks helped lift the broad market higher on Thursday.

CNBCSean Conlon, Pia Singh
Novo Nordisk shares rise 5% after Wegovy obesity pill has ‘solid’ launch - CNBC
business

Novo Nordisk shares rise 5% after Wegovy obesity pill has ‘solid’ launch - CNBC

The early data is a boost to the Danish drugmaker's hopes of winning back more market share from Eli Lilly this year in the obesity drug space.

CNBCAnnika Kim Constantino
Uncommon Knowledge: Trump Gets a Shock on Chinese EVs - Newsweek
business

Uncommon Knowledge: Trump Gets a Shock on Chinese EVs - Newsweek

“Let China come in,” says the president. America's allies, including Canada, are already rolling out the red carpet.

NewsweekNewsweek Editors
Stock Market Today: Indexes Turn Red; State Street Falls (Live Coverage) - Investor's Business Daily
business

Stock Market Today: Indexes Turn Red; State Street Falls (Live Coverage) - Investor's Business Daily

Stock Market Today: The Dow Jones index rose Friday, nearing record highs. Nvidia stock reclaimed a key level Thursday.

Investor's Business Daily
Micron breaks ground on massive chipmaking plant that could transform Central NY - Syracuse.com
business

Micron breaks ground on massive chipmaking plant that could transform Central NY - Syracuse.com

The project could be the largest private investment in New York state history.

syracuse.comGlenn Coin | gcoin@syracuse.com
Podcast: Janet Yellen Says Trump’s Moves Against Powell Are Backfiring - Bloomberg.com
business

Podcast: Janet Yellen Says Trump’s Moves Against Powell Are Backfiring - Bloomberg.com

In this episode of Everybody’s Business , the former Treasury secretary argues the criminal probe of the Fed Chair is “akin to shooting oneself in the foot.”

BloombergStacey Vanek Smith, Max Chafkin
Trump To Propose Tech Giants Fund Power Grid Buildouts, Energy Stocks Swing - Investor's Business Daily
business

Trump To Propose Tech Giants Fund Power Grid Buildouts, Energy Stocks Swing - Investor's Business Daily

The Trump administration has a new proposal to combat soaring power costs from data center, artificial intelligence demand.

Investor's Business Daily
ImmunityBio's 700% Revenue Boom Becomes Citadel's Latest I‑Told‑You‑So - Benzinga
business

ImmunityBio's 700% Revenue Boom Becomes Citadel's Latest I‑Told‑You‑So - Benzinga

Hedge funds have been anticipating a surge in ImmunityBio's revenue, which has grown by 700% year-over-year.

BenzingaSurbhi Jain
Speech by Vice Chair for Supervision Bowman on the outlook for the economy and monetary policy - Federal Reserve Board (.gov)
business

Speech by Vice Chair for Supervision Bowman on the outlook for the economy and monetary policy - Federal Reserve Board (.gov)

Good morning and thank you for the invitation to join you today. 1 It is a pleasure to be with you here in Boston at the New England Economic Forum to sha

Federalreserve.gov