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Wall Street extended gains with the S&P 500 and Dow Jones reaching new record highs, driven by strong tech stocks including Nvidia, Alphabet, and rising AI adoption. Volatility remains subdued as investors weigh Fed rate cuts against inflation data and a looming government shutdown. Energy and industrial sectors show mixed trends amid supply concerns.
European airports have been hit by a significant cyberattack disrupting check-in and boarding systems, causing widespread delays and cancellations at major hubs such as Heathrow, Brussels, and Berlin. The attack highlights vulnerabilities in airport infrastructure and ongoing challenges in cybersecurity for transportation.
100,000 – Annual fee in dollars imposed on new H-1B visa applicants by Trump administration.
President Trump has signed a proclamation imposing a $100,000 annual fee on new H-1B visa applications and introduced a $1 million ‘Gold Card’ visa program for fast-tracked residency. The policy aims to overhaul the skilled worker visa program and has stirred strong reactions from tech companies and foreign governments.
A high-profile deal to spin off TikTok’s U.S. operations ensuring American control over the algorithm and board seats is nearing finalization. This agreement comes amid ongoing tensions between the U.S. and China over data security and technology sovereignty.
OpenAI Leads Private Market Surge With $1.3 Trillion Valuation
OpenAI’s explosive growth propels tech startups to a combined $1.3 trillion valuation, fueling a historic bull run in the artificial intelligence sector.
More on cnbc.com
Nvidia’s strategic investment in Intel prompts analyst upgrades and stirring debates on the future of chip manufacturing amid ongoing US-China tech tensions. Nvidia’s valuation and CES analysts’ price targets reflect optimistic views on Nvidia’s AI chip market growth potential.
Major disruptions at Dallas airports due to equipment outages have caused hundreds of flight delays and cancellations, affecting airlines nationwide. The FAA confirmed normalization of operations after addressing telecommunications problems.
Cyberattack Cripples Major European Airports, Disrupts Thousands
Major European airports including Heathrow and Brussels suffer system outages from cyberattack, causing severe travel delays and infrastructure vulnerabilities.
More on euronews.com
US Steel has reversed its plan to halt processing at its Granite City Illinois plant following federal intervention, highlighting government involvement in protecting American industrial operations amid leadership changes.
Senate Democrats have rejected a stopgap funding bill passed by the House, increasing the risk of a US federal government shutdown. Congressional leaders are pressuring President Trump to negotiate a deal to avoid a costly funding lapse.
The Trump administration enacted a $100,000 annual fee on new H-1B visa applications and introduced a $1 million ‘Gold Card’ fast-track visa program, signaling a major overhaul in U.S. skilled immigration policy.
A federal prosecutor who resisted pressure from the Trump administration to charge New York Attorney General Letitia James has resigned amid controversy. The case has drawn attention to political interference in the justice system.
President Donald Trump faces a series of legal and political setbacks as courts dismiss major defamation lawsuits and criticism mounts over his administration’s policies. His approval rating hits a record low under sustained media and public scrutiny.
Powell showed he’s still ‘firmly in control’ after White House adviser Miran’s first FOMC meeting.
— Former Fed Official
The US military has conducted multiple fatal strikes against suspected drug-smuggling vessels in the Caribbean, as part of an intensified crackdown on narcotics trafficking under the Trump administration.
The Federal Reserve’s preferred inflation gauge indicates slower underlying price growth, providing the Fed more room to focus on labor market concerns. Market analysts await upcoming data to gauge economic momentum.
Electric vehicle maker Tesla has received regulatory approval to expand its self-driving robotaxi service testing to Arizona. Meanwhile, Chinese EV company Dongfeng’s rapid charging technology partnership with Huawei signals intensified competition in the EV market.
Senate Democrats push for bipartisan crypto market regulation amid growing calls for clearer oversight. The evolving cryptocurrency landscape demands legislative cooperation to craft effective policies.
Poland’s fiscal outlook darkens as Moody’s downgrades the country’s credit perspective to negative due to political gridlock and weak finances, raising concerns over economic stability in the region.
Argentine President Javier Milei plans to meet with Donald Trump and Benjamin Netanyahu in New York, signaling possible shifts in Argentina’s foreign relations amid domestic economic turmoil.
Uber and Flytrex partner to relaunch drone-based food delivery services, aiming to enhance convenience in urban areas amidst growing demand for faster delivery solutions.
China intensifies regulations on monks and clergy using live-streaming and AI for unlicensed online preaching and commercial activities following scandals, reflecting tightening control over religious digital presence.
Meta’s Ray-Ban smart glasses demonstrate mixed usability in early tests, highlighting challenges in the adoption of wearable augmented reality technology despite high-profile product launches.
US lawmakers are stepping up calls for sanctions targeting Russia’s growing illicit ‘shadow fleet’, as part of broader efforts to hinder Moscow’s capacity to evade oil embargoes and economic pressure.
The fintech sector faces mounting cybersecurity challenges as increasingly frequent attacks threaten sensitive consumer data, driving a critical need for enhanced defenses and regulatory compliance.
US Chief of Social Security retracts controversial remarks about retirement age increases following public backlash, reaffirming commitment to current benefit structures.
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