Tech, AI, and finance news coverage and analysis
Nicole Valentine, Senior Director of Fintech at the Milken Institute, discusses her role as a 'translator' between Washington policymakers and financial innovators, exploring how stablecoins, prediction markets, and regulatory modernization are shaping the future of global finance.
Starbucks CEO Brian Nichols attributes 7.1% same-store sales growth to an 18-month operational turnaround focused on speed and experience, while SoFi CEO Anthony Noto reports 41% revenue growth but maintains cautious guidance assuming zero Fed rate cuts, highlighting heavy investments in crypto and stablecoin infrastructure.
Teresa Barrera explains why companies should avoid 'random acts of AI' and instead transform workflows before deploying technology. She details how Publicis Sapient deconstructed work into 900 tasks to let AI handle 80% of tactical work while experts train agents, enabling staff to focus on high-value activities.
Federal Reserve Chair Jerome Powell announced the central bank is holding interest rates steady at 3.5-3.75%, citing elevated inflation and uncertainty from Middle East conflicts, while defending the Fed's independence amid legal attacks by the administration and confirming his plans to remain on the board after his term as chair ends May 15.
Four tech giants report earnings simultaneously after the bell, with markets focused on whether $600B+ in AI capital expenditures is generating measurable revenue growth and productivity gains amid supply chain constraints and macroeconomic uncertainty.
The Federal Reserve held interest rates steady at 3.5%-3.75% as Chair Jerome Powell warned of elevated inflation and geopolitical uncertainty during his final press conference, announcing he will remain a governor after his term ends to protect the central bank's independence from unprecedented political pressure.
Defense Secretary Pete Hegseth and General Dan Caine testified on the Pentagon's $1.5 trillion FY27 budget request, facing sharply divided reactions as Republicans framed historic spending increases as essential deterrence against China while Democrats condemned the administration's Iran war strategy as fiscally reckless and diplomatically isolating.
OpenAI-linked stocks plummeted after reports that the AI giant missed its internal sales and user growth targets, raising questions about whether massive infrastructure investments can be justified by current revenue growth rates.
Authentic Brands Group CEO Jamie Salter reveals how the company leverages AI across all operations—from M&A due diligence to content creation—to drive efficiency and accelerate toward its $100 billion sales goal, while mandating universal employee adoption to remain competitive.
Former FBI Director James Comey was indicted on two federal felony counts for allegedly threatening President Trump's life in a May 2025 social media post, with DOJ officials emphasizing the 11-month investigation adhered to standard procedures applicable to all threat cases regardless of the defendant's status.
Arsenal captain Martin Ødegaard and manager Mikel Arteta express unwavering confidence ahead of their Champions League semi-final against Atletico Madrid, framing the intense pressure of competing for a historic double as a privilege while confirming key injury updates and dismissing external speculation.
Paul Wood (Woody) of Woody & Kleiny details their 13-year evolution from football freestylers to entertainment giants with 50 million followers and 10 billion annual views, explaining their 'THISE' framework for viral content and why creators should treat virality as a trophy earned through systems rather than a goal to chase.