Author: franperez66q@protonmail.com

The stakes are high next week as President Donald Trump endeavors to put the Iran war behind him before he meets with Chinese President Xi Jinping, at a key summit in which the two leaders will have no shortage of issues to discuss. Investors are hoping that the Trump administration will reach a resolution with Iran, or reopen the Strait of Hormuz, by the time he meets with Xi. China’s added to those hopes by also urging Iran to pursue a diplomatic solution ahead of the summit. But if a resolution does not materialize, and the Strait remains closed, the…

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Anna Gomez, the FCC’s only Democrat, said the public will remember “who complied in advance and who fought back. I’m glad Disney is choosing courage over capitulation.” The filing for ABC was submitted by attorney Paul Clement, who served as US solicitor general under President George W. Bush; and Jennifer Tatel, who was an FCC lawyer during the Obama administration and for part of Trump’s first term. Tatel was promoted to acting general counsel in 2017 by then-FCC Chairman Ajit Pai, who said she “is known for her legal acumen, FCC expertise, and careful judgment.” ABC’s filing said that The…

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For the first time in five years, Amazon’s Prime Day sale will take place in June. The company evaluates Prime Day timing annually and felt that moving the event earlier in the summer was the best fit for customers this year, an Amazon spokesperson told CNBC Select.The 2025 sale was a record-setting one, with the online retailer seeing its highest sales to date. In 2026, consumers can expect sales across a range of categories, from electronics to household essentials — even fresh groceries. While the exact dates are still a well-kept secret, you can officially start planning so you’ll be…

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President Trump has signed off on a plan to fire Food and Drug Administration Commissioner Marty Makary, though insiders caution that the plan is not final and could change, according to several media reports. News of the planned axing comes from inside sources who spoke with The Wall Street Journal,  which was then confirmed by reporting from Bloomberg, The Washington Post, and Politico. The Post reported that the administration has not decided who would serve as acting director upon Makary’s departure. The planned exit comes after a tumultuous year for Makary, in which the FDA plunged into turmoil and controversy…

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Chairman Tim Scott, R-S.C., listens to testimony by Kevin Warsh in Dirksen building on Tuesday, April 21, 2026.Tom Williams | CQ-Roll Call, Inc. | Getty ImagesA major rules-of-the-road bill for the crypto industry is set to get an initial vote on May 14 in the Senate Banking Committee.The step to move the legislation forward is a loss for the banking industry. Banks have argued that the proposed legislative language limiting when stablecoins can earn interest is still too similar to yield-bearing products like a savings account, and could threaten traditional banks and their deposits. Historically, interest in the form of…

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Apple and Intel are reportedly closing in on a deal that would see Intel make some of the chips for the iPhone maker’s devices, marking a major shift in the chipmaking landscape.Talks between the two companies have been brewing for more than a year, with a preliminary agreement reached in recent months, the Wall Street Journal reported Friday, citing people familiar with the matter.Intel shares soared nearly 14% on Friday. Apple shares added 2%. Both companies declined to comment.”I 100% believe this is going to happen. I don’t know when,” chip analyst Ben Bajarin of Creative Strategies said in an…

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