Browsing: Business

SAN FRANCISCO, October 9, 2025: OpenAI has entered into a multibillion-dollar agreement to purchase high-performance graphics processing units (GPUs) from AMD, marking a significant expansion of its compute capacity as demand for artificial intelligence workloads continues to surge. The deal

Washington, October 7, 2025: U.S. President Donald Trump on Tuesday said that the United States and Canada share a “natural conflict” when it comes to trade, as he hosted Canadian Prime Minister Mark Carney at the White House for high-level

DENVER, October 2, 2025: Pharmacies across Colorado are preparing for possible disruptions in drug supplies and pricing following the federal government’s plan to impose a 100 percent tariff on imported brand-name pharmaceuticals, set to begin this week. The tariff, announced

Washington, October 1, 2025: U.S. President Donald Trump has signed a proclamation imposing new tariffs on imported wood products, including a 10 percent duty on softwood lumber and a 25 percent duty on kitchen cabinets, bathroom vanities and certain types

South Korea and the United States are advancing negotiations on a $350 billion investment package as senior economic officials from both countries meet in New York to finalize the terms of a framework trade agreement reached in July. Korean Finance

Amazon has confirmed plans to close all 19 of its Amazon Fresh grocery stores across the United Kingdom, marking a significant withdrawal from its physical retail grocery operations in the country. The move follows a formal proposal issued by the

Morgan Stanley will begin offering cryptocurrency trading to its retail clients through E*Trade, marking a significant step into the digital assets space by one of the largest U.S. banks. The service is scheduled to launch in the first half of

Gold prices soared to historic levels on Monday, crossing US$3,750 per ounce for the first time, as investors weighed the outlook for U.S. interest rates and awaited a key speech from Federal Reserve Chair Jerome Powell. The surge extended a

Nvidia has announced plans to invest up to $100 billion in OpenAI, marking one of the largest infrastructure partnerships in the artificial intelligence industry to date. The collaboration will focus on deploying 10 gigawatts of advanced Nvidia systems to power

The U.S. Securities and Exchange Commission (SEC) has approved a new set of generic listing standards that will allow national securities exchanges to list commodity-based exchange-traded products, including spot cryptocurrency ETFs, without requiring case-by-case approval. The move simplifies the regulatory