Nvidia and Dell on Thursday announced a breakthrough supercomputer powered by artificial intelligence (AI) will launch next year to help drive research at the Department of Energy (DOE). The two companies were awarded a contract by the DOE to develop the new flagship supercomputer at the Lawrence Berkeley National Laboratory –…

A longtime Hardee’s franchisee and the fast-food chain are in the midst of a legal battle. Paradigm Investment Group, a franchise of over 25 years with more than six dozen Hardee’s restaurants across Alabama, Florida, Mississippi and Tennessee, hit CKE Restaurants Holdings-owned Hardee’s with a lawsuit in mid-April. In the lawsuit,…

President Donald Trump has been vocal about his goal to strengthen the U.S. economy and restore American strength on the world stage. From the A.I. race to resetting global trade to wars in the Middle East and Ukraine, the issues facing Trump’s second term “echo” the Reagan era.  Ronald Reagan…

Business Insider announced Thursday that the company will be shrinking the size of its newsroom and making layoffs, impacting over a fifth of its staff.  “We are reducing the size of our organization, a move that will impact about 21% of our colleagues and touch every department,” Business Insider CEO Barbara Peng…

General Motors CEO Mary Barra is voicing support for the Trump administration’s automotive tariffs, arguing they allow U.S. automakers to compete more fairly in the international market. “For decades now, it has not been a level playing field for U.S. automakers globally with either tariffs or non-tariff trade barriers,” Barra,…

At Home Group Inc., a home decor retailer headquartered in Texas, is reportedly preparing to file for Chapter 11 bankruptcy protection in the coming weeks as it works to strengthen its liquidity. The retailer — owned by private equity firm Hellman & Friedman — has faced a shortage of cash…

Tesla CEO Elon Musk announced Wednesday that his time with the Trump administration as a special government employee has come to an end, and his departure will allow him to refocus his attention on the electric vehicle maker. Musk wrote in a post on X that he appreciated the opportunity to…

We’re here at the Reagan Library in Simi Valley, California for the inaugural meeting of the Reagan National Economic Forum. But first up, I believe it’s necessary to celebrate the memory and the achievements of Ronald Reagan, who I believe was by far the most consequential president in the second…

Mortgage rates increased for the third straight week and continue to hover near the 7% level, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage rose to 6.89% from last week’s reading of…

The Kelce brothers are taking their dominance on the football field and turning it into front office prominence. Garage Beer, co-owned by Travis and Jason Kelce, is now a part-owner of the St. Joseph Goats, who play in the Arena League.The brand now owns a 1% stake in the team.…