US Pending Home Sales Drop Sharply in June Amid High Mortgage Rates
Contracts to purchase previously owned homes in the United States fell far more than expected in June, highlighting continued weakness in the housing market. The National Association of Realtors’ Pending Home Sales Index dropped...
Portugal Joins Global HealthAI Network Ahead of EU AI Rules
Portugal has become the first European Union member state to join HealthAI’s Global Regulatory Network (GRN), marking a significant step in strengthening international oversight of artificial intelligence in healthcare. The agreement between Portugal’s healthcare...
U.S. Slaps 25% Tariffs on Brazil, Escalating Global Trade Tensions
The United States has imposed a 25% tariff on many imports from Brazil while granting a broader-than-expected list of exemptions, marking the first country targeted under the Trump administration’s revamped tariff strategy. The duties,...
Csquare Raises $1.05 Billion in U.S. IPO Amid Strong AI Infrastructure Demand
Data center provider Csquare raised $1.05 billion in its U.S. initial public offering (IPO), highlighting continued investor confidence in companies poised to benefit from the artificial intelligence boom. The Dallas-based firm sold 50 million...
House GOP Unveils $95 Billion Spending Blueprint
Republicans on the U.S. House Budget Committee on Wednesday unveiled a $95 billion spending blueprint aimed at advancing key priorities of President Donald Trump’s agenda through the budget reconciliation process. The proposal includes $73...
House Passes Bill to Make Daylight Saving Time Permanent
The U.S. House of Representatives has passed the Sunshine Protection Act in a decisive 308-117 vote, advancing legislation that would make daylight saving time (DST) permanent and end the decades-old practice of changing clocks...
Goldman Counsel Faces Congress Over Epstein Links
Goldman Sachs senior counsel Kathryn Ruemmler is set to face intense questioning before the House Committee on Oversight and Government Reform as lawmakers continue investigating Jeffrey Epstein’s connections with influential figures in politics and...
Federal Appeals Court Ends Decades-Old School Desegregation Oversight in Louisiana
A U.S. federal appeals court has ended more than 60 years of federal oversight of the Concordia Parish School Board in Louisiana, bringing an end to a desegregation mandate that originated during the civil...
Flex Raises $70 Million, Hits $1.2 Billion Valuation
AI-powered fintech startup Flex has raised $70 million in a funding round led by Halo Fund, the venture firm co-founded by Utah Jazz owner Ryan Smith and Accel partner Ryan Sweeney. According to a...
Reflection Signs $1 Billion AI Compute Deal With Nebius
AI startup Reflection has signed a computing infrastructure agreement worth more than $1 billion with Nebius, securing access to Nvidia’s latest AI chips as demand for computing power continues to surge. The deal expands...