Supermicro’s Co-Founder Was Just Arrested For Allegedly Smuggling $2.5 Billion In GPUs To China
Federal agents on Thursday arrested Yih-Shyan “Wally” Liaw, a prominent Silicon Valley executive deep in the AI ecosystem.
Gold, Silver, Bitcoin Crash As Safe-Haven Luster Fades Following Fed Decision
Investors went risk-off as the prospects of higher inflation lowered the chances investors are placing on Fed rate cuts.
Federal Reserve Unveils Its Proposal For Lower Bank Capital Requirements
A long-awaited proposal from the Federal Reserve released Thursday would tweak financial crisis-era capital requirements.
Former Top Trump Economic Adviser Gary Cohn: Higher Gas Prices Are Recession Worthy
An economic warning from a former Trump administration insider: "[Higher gas prices are] absolutely recessionary in the short term," Gary Cohn said.
Exclusive-'No Winners' In Middle East Crisis, Airlines Body Chief Says
The widening conflict in the Middle East will push up airline ticket prices and leave "no winners," Willie Walsh told Reuters.