USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development of a domestic rare earth supply chain. The agreements formalize an earlier announcement that the Trump administration would support a $1.6 billion debt-and-equity funding package
The recent US Supreme Court ruling on IEEPA tariffs has created a potentially significant refund opportunity for exporters worldwide, including those in India. While headline estimates suggest billions of dollars in duties could be reclaimed, the reality is far more complex, with eligibility hinging on shipping terms, importer status, and a multi-layered filing process. For
US President Donald Trump’s investment accounts bought hundreds of stocks on April 8, 2025, one day before he paused part of his “Liberation Day” tariff plan and triggered one of Wall Street’s biggest rallies in years. The sequence, revealed in newly released financial disclosures analyzed by CNBC, has drawn fresh scrutiny because the trades came
US President Donald Trump reported more than $1.4 billion in income from crypto ventures in 2025, according to his latest annual financial disclosure, turning digital assets into one of the biggest drivers of his personal fortune. The striking part is not only the size of the number, but also the timing. Trump-linked crypto income surged
A proposed $110 billion merger between Paramount and Warner Bros. Discovery is facing growing legal scrutiny in the United States, with several states preparing to challenge the transaction over competition concerns. The deal, which would combine two of Hollywood’s largest film studios, has sparked fears that it could reduce consumer choice, eliminate jobs, and give
New York became the first US state on Tuesday to halt the construction of large new data centres, introducing a one-year moratorium as concerns grow over the impact of facilities supporting the artificial intelligence boom. The temporary ban places New York at the center of a broader national debate over how to manage the rapid