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Moody’s Had An Investment Grade Rating On US Debt During 2008 Global Financial Crisis: Recent Cut ‘Not A Huge Shock,’ Says Expert
Moody’s had investment grade rating on U.S. debt, ahead of the 2008 global financial crisis, current downgrade “not shocking,” says expert. read more
Novavax Wins Limited FDA Nod For COVID Shot—Cleared Only For Seniors, High-Risk Groups Amid Safety Scrutiny
The U.S. Food and Drug Administration has granted limited approval to Novavax Inc.’s COVID-19 vaccine, restricting its use to people 65 and older and those 12 and up with underlying health conditions that increase risk of severe illness. read more
General Motors Wants To Overturn California’s EV Mandate As Demand Slows In The US: Report
GM seeks to overturn California’s EV policy to phase out ICE vehicles by 2035, citing slow growth in EV sector. read more
Trump’s Middle East Trip Draws Rare Praise From Mike Pence As ‘Very Successful’ For US Economy Amid ‘Historic’ Boeing Deal: ‘That’ll Really Support American Jobs’
Former Vice President Mike Pence has lauded President Donald Trump’s Middle East visit for its beneficial effects on the U.S. economy, despite his criticism of the diplomatic aspects of the trip. read more
Top Bitcoin Analyst Reveals Why They Shut Down Their Business That Was Making ‘Millions Per Year’
Willy Woo, a widely followed Bitcoin (CRYPTO: BTC) influencer and analyst, revealed the series of events Sunday that caused them to close a business that was making him “millions per year.” read more
America Must Shift Roles From ‘World Police’ To ‘World Gun Store,’ Says Palmer Luckey
Palmer Luckey advocates for the U.S. to supply AI-powered autonomous weapons as commercial tech surpasses Pentagon’s capabilities. Says the switch may be controversial but necessary. read more
Trump’s Drug Price Order Hits PBMs Hardest: CVS, Cigna, UNH In Focus As Experts Highlight ‘Racket,’ Pricing Distortion
Trump signed an executive order to lower drug prices, which could hit pharmacy benefit managers (PBMs) hard. PBMs have come under scrutiny for opaque pricing practices. Mark Cuban calls PBMs a racket. read more
Nvidia, TSMC And Apple Supplier Foxconn Partner To Develop Taiwan AI Supercomputer
Nvidia Corp., Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry Co., better known as Foxconn, announced Sunday a partnership to build an advanced AI supercomputer in Taiwan, significantly expanding the island’s artificial intelligence capabilities. read more
