Palantir Technologies, the data analytics firm known for its deep ties to government agencies and artificial intelligence-driven software, is at the center of a high-stakes power struggle. With a market valuation of $16 billion, the battle for control involves powerful insiders, major institutional investors, and retail traders who see the company as a potential tech…
Intel’s highly anticipated $28 billion semiconductor plant in Ohio, once seen as a cornerstone of America’s effort to reduce reliance on foreign chipmakers, is facing yet another delay. The project, which was initially expected to begin full-scale production by 2025, is now being pushed back further, sparking concerns about job creation, economic impact, and the…
Intel is making one of its most ambitious moves yet, committing $28 billion to revitalize semiconductor manufacturing in the United States. The company’s massive investment is part of a larger effort to reclaim its position as a global leader in chip production while reducing America’s reliance on foreign manufacturers like TSMC and Samsung. A Race…
The latest Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, showed little change in February, reinforcing expectations that interest rates will likely remain steady in the near term. While inflation remains above the Fed’s 2% target, the data suggests that price pressures are neither worsening nor cooling significantly, keeping policymakers…
Intel’s stock saw sharp fluctuations as reports surfaced that the Trump administration is advocating for a stronger partnership with Taiwan Semiconductor Manufacturing Co. (TSMC)—a move that could have significant implications for the U.S. semiconductor industry. The potential shift in strategy raises questions about Intel’s future role in domestic chip production as TSMC expands its footprint…
The Dow Jones Industrial Average fluctuated throughout the trading session as investors reacted to new inflation data and a wave of corporate earnings reports that provided mixed signals about the health of the economy. With uncertainty surrounding the Federal Reserve’s next moves and the financial outlook of major companies, Wall Street remained cautious. Inflation Concerns…
A tragic single-vehicle accident in Bradley, Illinois, has claimed the life of a driver and left a juvenile passenger hospitalized with serious injuries. The crash occurred around 5:10 p.m. on Friday, February 21, in the 600 block of West Goodwin Street, just west of Center Avenue. Crash Details According to Bradley Police, the vehicle veered…
Residents in the Texas South Plains are being urged to exercise extreme caution today as fire danger levels remain high due to a combination of warm temperatures, low humidity, and gusty winds. The National Weather Service (NWS) in Lubbock has issued a Fire Weather Alert, warning that conditions are ideal for the rapid spread of…
A powerful storm system is set to impact the Inland Northwest, bringing heavy rain, damaging winds, and potential flooding from Monday afternoon through Tuesday. The National Weather Service (NWS) has issued alerts for the region, warning of gusts up to 50 mph, hazardous driving conditions, and possible power outages. What to Expect Monday Afternoon &…
Residents across northern Ohio should prepare for a windy afternoon, as strong gusts are set to impact Cleveland and Toledo today. The National Weather Service (NWS) has issued a wind advisory warning that gusts could reach up to 45 mph, creating hazardous driving conditions and potential minor property damage. Windy and Cloudy Start to the Day As the…