Business US

Decreasing tariff revenue threatens Trump’s goal of using income to slash $38 trillion national debt

Tariff revenue fell month-over-month for the first time since President Donald Trump imposed his vast import taxes in April, fresh…

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Oracle denies Bloomberg report that it’s delaying some data centers for OpenAI to 2028 from 2027

Getting a multi-hundred-billion-dollar backlog for cloud computing revenues from data center projects is easy. Building them is hard. Oracle extended…

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Oracle Delays Some Data Center Projects for OpenAI to 2028

Oracle Corp. has pushed back the completion dates for some of the data centers it’s developing for the artificial intelligence…

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Tariff revenue falls for the first time since Trump rollout

For the first time since President Donald Trump rolled out his sweeping global tariff program in April, month-over-month customs receipts…

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Europe Gives Up On Its 2035 Internal Combustion Engine Ban

Vlad Ispas/Shutterstock Good morning! It’s Friday, December 12, 2025, and this is The Morning Shift, your daily roundup of the…

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Broadcom CEO Hock Tan Just Delivered Incredible News for Nvidia Stock Investors

The data center and semiconductor specialist just provided the clearest evidence yet that the adoption of artificial intelligence (AI) continues…

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Ripple, Circle, BitGo Among Five Crypto Firms Set to Become Trust Banks

Five digital asset firms have received conditional approvals Friday to become federally chartered trust banks by the Office of the…

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Trump’s decision to allow Nvidia chip sales to China sparks lawmaker concerns

Nvidia CEO: ‘We need to stay ahead’ of the AI race FOX Business’ Madison Alworth joins ‘The Story with Martha…

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Bank of Japan set for first rate hike in 11 months

TOKYO — The Bank of Japan is moving to raise its policy rate at the Dec. 18-19 monetary policy meeting…

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‘Architects of AI’ named Time magazine’s 2025 person of the year

The “Architects of AI” were named Time’s person of the year Thursday, with the magazine citing 2025 as when the…

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