News

Law firms Jenner & Block and WilmerHale have filed lawsuits against President Trump's executive orders, arguing that the orders are unconstitutional and politically motivated attacks on their businesses. These lawsuits represent a growing pushback from the legal industry against Trump's actions, which have been widely condemned as a dangerous attack on the rule of law.

Nvidia's new AI chip platform, Blackwell Ultra, promises to revolutionize AI by enabling reasoning and action beyond chatbots, opening doors for intelligent assistants that can handle complex tasks and provide tailored responses. This advancement comes amidst a surge in demand for AI chips, with Blackwell Ultra poised to play a key role in shaping the future of intelligent machines.

ActBlue, a major fundraising platform for Democrats, is facing increased scrutiny and criticism from Republicans who are now in control of Washington. The GOP is targeting ActBlue as a key pillar of the Democratic Party's financial infrastructure, raising concerns about suspicious financial transactions and potential violations of campaign finance laws.

American consumers are increasingly fearful of rising inflation and unemployment, with President Trump's trade war policies being blamed for the decline in consumer sentiment. The University of Michigan's latest survey shows that two-thirds of consumers expect unemployment to rise in the year ahead, the highest reading since 2009.

Walmart's gloomy forecast for 2025, citing concerns about slowing consumer spending amid inflation and potential tariffs, sent shockwaves through the stock market, dragging major indices down. The retail giant's projected slowdown serves as a warning sign for the industry, with smaller retailers facing a particularly rough year.