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Nvidia Buys Hugging Face in $12.9 Billion Deal
The acquisition of the start-up is an indication of Nvidia’s growing role as Silicon Valley’s central banker and its emphasis on open-source technology.
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Tesla Begins Offering Rides in a Car Without a Steering Wheel
The new Cybercab embodies Elon Musk’s vision of cars that drive themselves, but it is not clear when the vehicle will be widely available.
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Volkswagen Plans to Cut 50,000 Jobs
Facing growing competition from China and rapidly advancing technology, the German auto giant said its board had approved a “comprehensive” overhaul.
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Mortgage Rates Hit 6.71%, Their Highest Level Since July 2025
Higher costs for home loans have put a squeeze on the housing market, adding pressure to consumers already struggling with elevated inflation.
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Maria Bartiromo Is Out at Fox News
The host, who appeared on Fox Business and Fox News, had been with the network for more than 12 years.
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Bessent Blames Ukraine for High Energy Prices
After meeting with Russia’s finance minister, the Treasury secretary said Ukraine’s attacks on Russian oil infrastructure were contributing to a global energy shock driven mainly by the U.S. war with Iran.
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Trump Taps Army Engineering Official as Acting Secretary
The move came days after the resignation of Daniel P. Driscoll, who had clashed with Defense Secretary Pete Hegseth over the purge of top generals in the Army.
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Trump to Break Ground on Arch Before Getting Approval
Doug Burgum, the interior secretary, announced plans to start work on the site of the 250-foot-tall triumphal arch. Final approval of the project is still pending.
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Proposal for White House Visitor Screening Center Advances
A federal panel again paved the way for one of President Trump’s construction projects, even as it heard opposition to another proposal to fence in a park north of the White House.
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JD Vance Says He Wouldn’t Call Iran Conflict a War
In the first White House press briefing since Karoline Leavitt left as press secretary, the vice president suggested that when the conflict would end was up to Tehran.