NEW: 🇺🇸 US stocks tumbled as Chinese retaliation against new tariffs escalated the US-China trade war.
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NEW: 🇪🇺 European defense stocks fell as China tightened its grip on rare earth exports, while company Ericsson stock logo shares jumped 18%.
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NEW: 🇺🇸 The US DOJ seized $15 billion in Bitcoin linked to a massive 'pig butchering' scam operating from Cambodia.
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NEW: 🇺🇸 Federal Reserve Governor Michelle Bowman expects two more interest rate cuts this year.
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NEW: 💰 Company OpenAI partnered with company Broadcom Inc logo to develop and purchase 10 gigawatts of AI accelerator hardware.
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NEW: 🇺🇸 House Speaker Mike Johnson dared Democrats to challenge President Trump's move to pay the military despite the US government shutdown threat.
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NEW: 🇺🇸 The US Trade Representative stated a new 100% tariff on China depends on Beijing's next actions.
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NEW: ⚠️ Oil trading giants claim the long-awaited surplus in the global oil market has arrived.
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NEW: 🇺🇸 US Air Traffic Controllers received partial paychecks as the government shutdown entered its third week.
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NEW: 🇺🇸 Federal Reserve Chair Jerome Powell signaled the Fed is still on track to keep cutting interest rates.
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NEW: 🇺🇸 Federal Reserve Chair Jerome Powell suggested the Fed may stop shrinking its balance sheet in the coming months.
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NEW: 💰 Company Boeing Co received a $2.7 billion contract for Patriot missile seekers.
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NEW: ₿ Company BlackRock is developing tokenization technology following its Bitcoin ETF surpassing $100 billion in assets.
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NEW: 💰 Major copper producer company Freeport-McMoRan Inc. will abandon the long-standing copper pricing benchmark it previously established.
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