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U.S. Steel to Resume Production at Illinois Plant Shut 2 Years Ago
U.S. Steel said it will resume producing steel slabs at its Granite City Works plant in Illinois as demand rebounds.

By The Financial District
14 minutes ago1 min read


PAGCOR Chief Refutes Conflict-of-Interest Claims vs. Family’s Construction Firm
Philippine Amusement and Gaming Corporation (PAGCOR) Chairman and CEO Alejandro Tengco has refuted allegations of conflict of interest linked to government contracts awarded to his family’s construction firm.

By The Financial District
22 minutes ago2 min read


PSE Index Tops 6,000-Point Level
The Philippine Stock Exchange (PSE) index topped the 6,000-point level for the first time in two weeks on Friday, but trading remained muted despite gains across all sub-indices, as foreign investors stayed cautious about the local market.

By The Financial District
28 minutes ago2 min read


Trump Calls Hassett a "Potential" Federal Reserve Chairman
President Donald Trump has teased his pick to lead the U.S. central bank and hinted that it might be Kevin Hassett, the director of the White House National Economic Council.

By The Financial District
19 hours ago1 min read


Costco Sues Trump, Demands "Full Refund" of Tariffs
Multinational retail giant Costco has sued the U.S. government seeking a full refund of import duties if the Supreme Court rules that President Donald Trump lacked the authority to impose tariffs without congressional approval.

By The Financial District
20 hours ago2 min read


American Bitcoin Sinks 50% in Minutes as Crypto Sell-Off Deepens
American Bitcoin’s ABTC stock lost more than half its market value in just 30 minutes at one point last week.

By The Financial District
21 hours ago1 min read


AI Bubble to Be Short-Lived, Rebound Stronger: NTT Data Chief
A potential artificial intelligence bubble will deflate faster than past tech cycles but give way to an even stronger rebound as corporate adoption catches up with infrastructure spending.

By The Financial District
21 hours ago1 min read


White House to Withhold SNAP Food Aid From Dem-led States
The Trump administration said that it will move to withhold SNAP food aid from recipients in most Democratic-controlled states starting next week unless those states provide information on aid recipients.

By The Financial District
1 day ago1 min read


SoftBank's Arm Plans to Set Up South Korea Chip Training Facility
South Korea's industry ministry and SoftBank’s chip unit, Arm Holdings, have signed an agreement to strengthen the country’s semiconductor and artificial intelligence sectors.

By The Financial District
1 day ago1 min read


Connie Chung Slams Bari Weiss, Says Owners Ruined CBS News
Connie Chung slammed CBS executives, including Bari Weiss and David Ellis on, calling their “greedy” leadership responsible for the network’s decline.

By The Financial District
1 day ago1 min read


Michael, Susan Dell to Donate $6.25-B for "Trump Accounts"
Billionaires Michael and Susan Dell have pledged $6.25 billion to provide 25 million American children aged 10 and under an incentive to claim the new investment accounts created as part of President Donald Trump’s tax and spending legislation.

By The Financial District
1 day ago1 min read


China Chipmaker Moore Threads Soars 502% After $1.1-B IPO
Moore Threads Technology Co., a leading Chinese artificial intelligence (AI) chipmaker, jumped 425% in its Shanghai trading debut after raising 8 billion yuan ($1.13 billion).

By The Financial District
1 day ago1 min read


BlackRock Bitcoin ETF Sheds $2.7-B in Record Outflows
BlackRock Inc.’s iShares Bitcoin Trust has posted its longest streak of weekly withdrawals since its January 2024 debut.

By The Financial District
1 day ago1 min read


Trump: U.S. Has Seized a Venezuela Oil Tanker for Undisclosed Reason
President Donald Trump said that the United States has seized the oil tanker Skipper off the coast of Venezuela as he escalates pressure on the government of President Nicolás Maduro.

By The Financial District
1 day ago2 min read


PSE Index Up on Bargain Hunting
The Philippine Stock Exchange (PSE) index rose Thursday on bargain hunting, climbing early in the session but cooling down at the close to 5,990.00 points for a gain of 30.06 points, or 0.50 percent.

By The Financial District
2 days ago2 min read


Fed Makes Third Rate Cut but Sees Just One Reduction in 2026
A divided US Federal Reserve lowered interest rates on Dec. 10 for the third consecutive time in 2025.

By The Financial District
2 days ago1 min read


Georgia Power Needs Bigger Capacity to Meet Data Center Demand
ata centers flooding into Georgia, utility regulators face a major decision.

By The Financial District
2 days ago2 min read


Moneybags Aren’t Abandoning New York City
No, the rich aren’t leaving New York.

By The Financial District
2 days ago1 min read


SC Weighs Another Step to Broaden Power of Trump
Chief Justice John Roberts has led the Supreme Court’s conservative majority on a steady march toward increasing the power of the presidency, starting well before Donald Trump’s time in the White House.

By The Financial District
2 days ago1 min read


EU Leader Warns of U.S. Meddling While Putin Flatters Trump Over “Cision”
A top European Union (EU) official has warned the United States against interfering in Europe’s affairs, saying only European citizens can decide which parties should govern them.

By The Financial District
2 days ago1 min read


PSE Index Down in Mixed Performance
The Philippine Stock Exchange (PSE) index declined slightly today amid a mixed market performance, as foreign investors continued their selling spree.

By The Financial District
3 days ago2 min read


Japan Mulls Income Tax Hike in 2027 to Cover Defense Spending
Japan's ruling party, led by Prime Minister Sanae Takaichi, is considering raising the country’s income tax in January 2027 to cover part of a substantial increase in defense spending.

By The Financial District
3 days ago1 min read


FBI Nabs Suspect in Pipe Bomb Planting on Eve of Jan. 6 Attack
The FBI said it has arrested a man believed to be responsible for placing pipe bombs near the U.S. Capitol complex nearly five years ago.

By The Financial District
3 days ago1 min read


India Leases Russian Nuke Sub for $2-B
India will pay about $2 billion to lease a nuclear-powered submarine from Russia, finalizing delivery after roughly a decade of negotiations just as Russian President Vladimir Putin visits New Delhi.

By The Financial District
3 days ago1 min read
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