Trump Says Meta to Spend $50 Billion on Louisiana Data Center
President Donald Trump said Tuesday (Aug. 26) that Meta plans to spend $50 billion on the Hyperion data center it is building in Louisiana.
Trump said this during a Cabinet meeting and held...
FDIC Says Capital One-Discover Deal Dented Bank Profits
The merger between Capital One and Discover Financial put a dent in bank profits.
Second-quarter data released Tuesday (Aug. 26) by the Federal Deposit Insurance Corp. showed $66.9 billion ...
Could Donald Trump Take Over the Fed After Firing Lisa Cook?
President Trump’s move to fire Lisa Cook could be the final piece he needs to take over the Fed. If it works, he could restructure the FOMC and approve rate cuts without even replacing Powell.
S...
Walmart Rolls Out Faster Deliveries for 3rd-Party Sellers
Walmart is offering faster delivery times for marketplace orders in its continuing eCommerce battle with Amazon.
The retail giant announced Tuesday (Aug. 26), that its fulfillment service, ...
AI super PACs, the hottest investment in tech
Hello and welcome to Regulator, a newsletter about the collision between Big Tech and Washington (last week of summer edition). If you enjoy this, consider subscribing to get this newsletter we...
Job Prospects and Inflation Weigh on Consumer Confidence
Consumer confidence slipped in August, as individuals said inflation is likely to surge, while job prospects dimmed and spending plans were, at best, mixed.
The Conference Board’s Consume...