Rick Perry’s AI power startup Fermi already has a $16 billion market cap—and zero revenue

Recent trade tensions between the US and China have caused significant turmoil in the markets, leading to declines in stocks, oil, and cryptocurrencies. President Trump's warning of a potential increase in tariffs has left Wall Street rattled, especially after a week filled with concerns over a possible bubble in AI companies. However, amidst this chaos, rare earth stocks like MP Materials have seen a rise, highlighting the complex dynamics of the market and the ongoing importance of these materials in technology.

US President Donald Trump has escalated tensions with China by threatening a significant increase in tariffs on Chinese goods, following Beijing's recent export controls on rare-earth minerals. This move not only jeopardizes an upcoming meeting with Chinese leader Xi Jinping but also sent shockwaves through global markets, causing US stocks to plummet as investors sought refuge in bonds. The implications of these tariffs could lead to a further deterioration of US-China relations, impacting trade and economic stability worldwide.

The controversial burger chain has shut down all its locations, attributing the closure to actions by ICE. This decision has sparked significant debate, especially given the chain's ties to the Trump brand. The closure not only affects employees and customers but also raises questions about the impact of immigration enforcement on businesses. As the political climate continues to shift, this situation highlights the ongoing tensions surrounding immigration policies and their real-world consequences.

Cryptocurrency markets faced a significant downturn as prices plummeted following US President Donald Trump's announcement of a 100% tariff on China and new export controls on software. This sudden shift led to over $7 billion in liquidations within just an hour, highlighting the volatility and sensitivity of the crypto market to geopolitical events. Such drastic changes can shake investor confidence and impact the broader financial landscape.

President Donald Trump has escalated trade tensions by threatening to impose 100% tariffs on China, citing Beijing's recent restrictions on rare earth exports crucial for American industries. This move, which could take effect as soon as November 1, has already led to a sharp decline in Wall Street, reflecting investor concerns over the potential economic fallout. The situation underscores the ongoing friction between the US and China, which could have significant implications for global trade and economic stability.

The recent threat by President Donald Trump to significantly increase tariffs on China has created a wave of uncertainty in the financial markets, particularly impacting Wall Street. Jeff Sherman from DoubleLine Capital describes this situation as 'tariff roulette,' highlighting the unpredictable nature of trade policies and their potential consequences on the economy. This matters because such volatility can affect investor confidence and market stability, making it crucial for stakeholders to stay informed about these developments.

The ongoing standoff between President Donald Trump and Congress has entered its second week, causing significant disruptions across the U.S. economy. With no resolution in sight, essential services like air travel, taxpayer assistance, and national parks are feeling the strain. Many federal agencies are resorting to a rolling blackout of services, only responding to emergencies as they try to conserve funds. This situation not only affects federal employees but also impacts countless Americans who rely on these services, highlighting the urgent need for a resolution.

Anduril's CEO Brian Schimpf has emphasized the importance of strengthening the US manufacturing sector in light of potential new tariffs on China proposed by President Donald Trump. This move not only aims to mitigate risks associated with overseas supply chains but also highlights a growing trend towards domestic production, which could bolster the US economy and create jobs. Schimpf's insights on Bloomberg Tech shed light on the strategic shifts companies are making to adapt to changing trade policies.

President Donald Trump's ongoing trade war is causing significant concern among stock market investors, who may have become too complacent about the potential impacts. As tensions rise, the uncertainty surrounding trade policies could lead to increased volatility in the markets, affecting both domestic and global economies. It's crucial for investors to stay informed and prepared for any sudden shifts.

The escalating trade tensions between the US and China have caused significant turmoil in the financial markets, leading to a sharp decline in stocks, oil, and cryptocurrencies. President Trump's warning of a potential increase in tariffs has rattled investors, resulting in the S&P 500 experiencing its worst day since April. This situation is crucial as it not only affects market stability but also raises concerns about the broader economic implications of a prolonged trade war.

US President Donald Trump has issued a warning about a potential 'massive increase' in tariffs on Chinese goods, reacting to what he describes as 'hostile' export controls on rare-earth minerals. This move could escalate trade tensions between the two countries, impacting global markets and supply chains. It's a significant development that highlights ongoing economic disputes and raises concerns about the future of international trade.

Copper prices have taken a significant hit following President Donald Trump's warning of potential massive new tariffs on Chinese imports. As China is the largest consumer of copper, this threat raises concerns about demand and could lead to further market instability. Investors are closely monitoring the situation, as these tariffs could have broader implications for global trade and economic relations.

The White House has indicated that federal layoffs have started as a result of the ongoing government shutdown. This situation is concerning as it not only affects the livelihoods of federal employees but also has broader implications for government services and the economy. The shutdown highlights the urgent need for a budget agreement to prevent further disruptions and ensure that essential services continue to operate.

Traveling with batteries can be tricky, especially with the recent changes in regulations. This article breaks down what you need to know about taking items like power banks and cordless hair dryers on a plane. Understanding these rules is crucial for a smooth travel experience, ensuring you don’t face any surprises at security checkpoints.

The White House has announced significant layoffs affecting thousands of US government workers, attributing the decision to the ongoing government shutdown. This move raises concerns about the impact on public services and the livelihoods of those affected. As the shutdown continues, the implications for federal operations and employee morale are becoming increasingly serious, highlighting the urgent need for a resolution.

The CEO of First Brands is contemplating resignation due to mounting pressure from lenders, following the company's swift decline. This situation has sparked worries about potential widespread financial losses on Wall Street, highlighting the interconnectedness of corporate health and market stability. Investors are closely watching how this unfolds, as it could signal broader economic implications.

Gloria Trevi, the iconic 'Queen of Mexican Pop,' has premiered her docuseries 'Sin Filtro' on ViX, offering fans a rare glimpse into her life during the 'Mi Soundtrack' world tour. This series is significant as it not only showcases her musical journey but also reveals the personal experiences that shape her artistry, making it a must-watch for fans and newcomers alike.

The United States has issued a stern warning about potential visa restrictions and sanctions against United Nations members who support the International Maritime Organization's emissions plan. This move highlights the U.S. government's commitment to addressing climate change, but it also raises concerns about international cooperation and the potential backlash from countries that may feel pressured. The implications of this stance could affect diplomatic relations and global efforts to combat environmental issues.