Updated 2025-08-13T15:13:28Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account?…
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GE Appliances is investing more than $3 billion over the next five years to expand its U.S. operations, aligning with the Trump administration’s efforts to bring manufacturing back to American soil. The investment is the second-largest in the company’s history and will support the expansion of its air conditioning and water heating portfolio, increase production across all product lines and modernize 11 U.S. manufacturing plants. The first phase will roll out at facilities in Kentucky,…
The Reserve Bank of Australia delivered a widely expected 25bp rate cut, prompting a modest…
AMD CEO Lisa Su says that when it comes to attracting top AI talent, it’s…
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Sam Altman says he doesn’t think about Elon Musk that much. That didn’t stop the OpenAI CEO from getting into another war of words with his long-term rival.The two billionaires traded accusations late Monday on X after Musk threatened to sue Apple over what he claims is preferential treatment for…
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President Donald Trump’s executive order directing financial regulators to include alternative investments in retirement plans like 401(k) funds could change the makeup of Americans’ investment portfolios. Trump signed the executive order on Thursday, and the White House provided a fact sheet directing the Labor Department to reconsider its guidance on alternative assets…
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Vice President JD Vance says he’s not a big AI user, but it has helped him with one recent project: illustrating a children’s book.Vance said that he used Grok, the AI chatbot created by Elon Musk’s xAI, to generate images for a customized version of the “Who Would Win?” children’s…
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The Federal Market Open Market Committee expects interest rates to move down in 2025. Fixed income markets see two cuts coming, taking rates to 3.75% to 4% by December as the most likely outcome, down from 4% to 4.25% today. However, for quite some time the labor market has held…
