Business news
- OpenAI has committed billions to recent chip deals. Some big names have been left out - OpenAI has inked multibillion-dollar deals with AI chipmakers including Nvidia, AMD, Broadcom and Cerebras.
- Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks - 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.
- Biggest offshore wind project in U.S. to resume construction after judge lifts Trump suspension - Coastal Virginia Offshore Wind will resume construction after a federal judge on Friday temporarily lifted the Trump administration's suspension.
- OpenAI to begin testing ads on ChatGPT in the U.S. - OpenAI said ads would not influence ChatGPT's responses and that it will "never" sell user data to advertisers.
- Trump floats new tariffs in push to acquire Greenland - The comments show Trump considering applying his aggressive tariff strategies to his efforts to acquire Greenland.
- Warsh sprints ahead in Fed chair race following Trump comments on Hassett, prediction markets show - EconomyWarsh sprints ahead in Fed chair race following Trump comments on Hassett, prediction markets showPublished Fri, Jan 16 202610:35 AM ESTUpdated Moments A
- Trump wants tech companies to foot the bill for new power plants because of AI - Utility bills are rising in many parts of the U.S. despite Trump's promise to lower energy prices during his presidential campaign.
- Machado presents her Nobel award to Trump, prompting incredulity in Norway - "This is incredibly embarrassing," Raymond Johansen, a Norwegian lawmaker for the center-left Labour Party, said in a Facebook post.
- Jim Cramer's top 10 things to watch in the stock market Friday - The S&P 500 was headed for a flat open this morning.
- BlackRock's earnings pass our test with flying colors. What about 2026? - BlackRock capped off what the company described as "one of the strongest years" ever.