Year: 2026
Pentagon to cut Sen. Mark Kelly’s military retirement pay over ‘seditious’ video: Hegseth
Sen. Mark Kelly, D-Ariz., holds a news conference in the Mansfield Room in the U.S. Capitol on Monday, December 1, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images The Pentagon will cut the military retirement pay of Sen. Mark Kelly for what Defense Secretary Pete Hegseth called the Arizona Democrat’s “seditious” statements on […]
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Amazon lets some users chat with Alexa+ on the web in bid to take on ChatGPT
Alexa+ signage during an unveiling event in New York, US, on Wednesday, Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon on Monday launched an Alexa+ website that lets some users chat with its assistant via their browser, putting it in more direct competition with OpenAI’s ChatGPT. The Alexa.com website is only available […]
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JPMorgan forms special advisory group to share some of bank’s ‘secret sauce’ with clients
Key Points JPMorgan launched its Special Advisory Services initiative Monday, which is aimed at providing key clients with access to consulting services drawn from the investment bank’s own practices. The new effort will be led by Liz Myers, who also serves as global chair of investment banking. The company has identified several dozen adjacent capabilities […]
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Fed’s Kashkari says AI is causing a hiring slowdown in big companies
Minneapolis Federal Reserve President Neel Kashkari said Monday that artificial intelligence is causing big companies to slow hiring, and that many businesses are seeing “real productivity gains” because of the technology. Kashkari said companies have told him that AI is affecting their hiring plans, and he expects to see continued low hiring and low firing in […]
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Minnesota Gov. Tim Walz announces he will not seek reelection
Tim Walz, governor of Minnesota and Democratic vice-presidential nominee, watches as US Vice President Kamala Harris, not pictured, speaks at Howard University in Washington, DC, US, on Wednesday, Nov. 6, 2024. Kamala Harris has called Donald Trump to concede the election to the President-elect, a senior aide to the Vice President told Bloomberg. Al Drago […]
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Protest over AI, climate crisis leaves tens of thousands without power in Berlin
Police vehicles and repair equipment at the scene to help repair damaged electricity cables at a bridge leading to the Lichterfelde power plant over Teltow Canal following an arson attack on January 4, 2026 in Berlin, Germany. Omer Messinger | Getty Images News | Getty Images A suspected arson attack has left tens of thousands […]
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Minneapolis Fed’s Kashkari indicates interest rates don’t need to be cut much more
Key Points Minneapolis Fed President Neel Kashkari told CNBC on Monday that he thinks the central bank is close to the point where it should stop lowering interest rates. “My guess is we’re pretty close to neutral right now,” Kashkari said. Calibrating neutral is critical for Fed policymakers as they decide whether to continue the […]
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Lucid increases EV deliveries by 55% in 2025, meets lowered guidance
A Lucid Air electric vehicle is displayed at a shopping mall in Scottsdale, Arizona, U.S., Sept. 27, 2021. Hyunjoo Jin | Reuters Lucid Group significantly increased its production and sales last year as it continues to ramp up production of its new Gravity SUV. The all-electric vehicle manufacturer on Monday said its deliveries last year […]
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U.S. stocks show little reaction to Trump’s extraordinary Venezuela action. Why investors see a bull case
Key Points Historically speaking, geopolitical shocks have had little lasting impact on the stock market. A review of the last 11 major geopolitical events showed that the S&P 500 on average was just 0.3% lower one week after the event, and 7.7% higher 12 months later, according to UBS. Investors do not expect the attack […]
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First GLP-1 pill for obesity from Novo Nordisk launches in the U.S.
The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, on the outskirts of Copenhagen, Nov. 24, 2025. Tom Little | Reuters Novo Nordisk will start rolling out the first-ever GLP-1 pill for weight loss in the U.S. on Monday, the company announced, marking a new chapter of obesity […]
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