World

CFPB drops lawsuits against Capital One and Rocket Mortgage affiliate

Russell Vought, director of the Office of Management and Budget (OMB) nominee for US President Donald Trump, during a Senate Budget Committee confirmation hearing in Washington, DC, US, on Wednesday, Jan. 22, 2025.  Al Drago | Bloomberg | Getty Images The Consumer Financial Protection Bureau’s new leadership on Thursday dismissed at least four enforcement lawsuits undertaken by the previous administration’s …

Read More »

Anatomy of a kit: Inside the creation of Nike’s new 2025 NWSL jerseys and how they came to be

With the 2022 NWSL Championship in Washington, D.C. done and dusted after the Portland Thorns picked up another batch of winners’ medals, fans’ focus that winter quickly shifted to the excited and nervous wait for the next season. Any and all information – official or otherwise – about future players and new jerseys was welcome, with the countdown to the …

Read More »

Weekly jobless claims jump to 242,000, more than expected in latest sign of economic softening

Initial filings for unemployment benefits hit their highest level of the year last week in another potential signs of weakness in the labor market. Jobless claims for the week ended Feb. 22 totaled a seasonally adjusted 242,000, up 22,000 from the previous week’s revised level and higher than the Dow Jones estimate for 225,000, according to a Labor Department report …

Read More »

Qatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’

The skyline of Doha, Qatar. Tim De Waele | Corbis | Getty Images The Qatar Investment Authority is leveraging its over-$500 billion in assets to attract venture capital firms to the hydrocarbon-rich state. The sovereign wealth fund’s $1-billion fund of funds program — which invests in both international and regional VC funds — is designed to bolster investments in areas …

Read More »

Nvidia’s auto segment revenue surges to record high on demand for driver-assist tech

Signage at the Nvidia Corp. offices in Taipei, Taiwan, on Tuesday, Jan. 28, 2025.  Photographer: An Rong Xu/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images U.S. chipmaker Nvidia‘s auto segment revenue more than doubled in the latest quarter to a record high on strong demand for driver-assist software. While the company’s biggest revenue stream by far is chip …

Read More »

Rolls-Royce jump 15% on profit beat, upbeat outlook

A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings, upgraded its mid-term guidance and declared a £1 billion ($1.27 billion) share buyback. Rolls-Royce, which manufactures jet …

Read More »

Trump threatens 25% tariffs on EU, says bloc formed ‘to screw’ U.S.

US President Donald Trump holds a cabinet meeting at the White House in Washington, DC, on February 26, 2025.  Jim Watson | Afp | Getty Images U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the economic and political bloc was formed “to screw” the U.S. On Wednesday, during the first Cabinet meeting …

Read More »

Nvidia warns of competition from China’s Huawei, despite U.S. sanctions

BEIJING — Chip giant Nvidia has flagged heightened competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company. In an annual filing Wednesday, Nvidia listed Huawei among its current competitors, including it in the list for a second straight year. The company, blacklisted by the U.S. for national security reasons, did not feature among Nvidia’s competitors for at least …

Read More »

USWNT prepare for SheBelieves Cup ‘final’ vs. Japan; Manchester City, Tottenham battle in key clash

Hello! This week is jam-packed with impactful games on both sides of the Atlantic Ocean, so there’s much to discuss. I’m Pardeep Cattry with the latest. 📺 Footy fix All times U.S./Eastern Wednesday, Feb. 26🏴󠁧󠁢󠁥󠁮󠁧󠁿 EPL: Tottenham Hotspur vs. Manchester City, 2:30 p.m. ➡️ Peacock🇮🇹 Coppa Italia: Juventus vs. Empoli, 3 p.m. ➡️ Paramount+, CBS Sports Golazo Network🇪🇺 Women’s Nations …

Read More »