JPMorgan CEO Jamie Dimon sits down with ‘FOX & Friends’ on the economy, exodus from blue states – Fox News
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Cerebras IPO makes billions for Benchmark but VC Eric Vishria almost didn’t take the meeting – TechCrunch
The Cerebras Systems IPO was a smash hit on Thursday, generating billions for itself, its founders, and its major investors. Among the big winners is major shareholder Benchmark, which owns 9.5% of the company. One of the firm’s general partners, Eric Vishria, has been a Cerebras board member since 2016, the year the AI chipmaker…
QVC and HSN Owner Files for Chapter 11 Bankruptcy – The Hollywood Reporter
QVC Group, the parent company the home shopping TV brands HSN and QVC, will file for Chapter 11 bankruptcy protection. The company disclosed the plan in a filing with the Securities and Exchange Commission. “As of the Petition Date, we intend to operate our businesses as a debtor-in-possession under the jurisdiction of the Bankruptcy Court…
Visa and Mastercard forge deal to end long-term dispute with merchants – Financial Times
The settlement involving Visa and Mastercard will be subject to final approval by a federal court in New York © FT montage/Alamy Visa and Mastercard have agreed to lower the fees they charge retailers in the US, in the card groups’ latest attempt to settle a 20-year dispute with merchants after a judge rejected last…
‘This cannot be sustainable’: The U.S. borrowed $50 billion a week for the past five months, the CBO says – Fortune
The U.S. Treasury’s borrowing showed no signs of slowing as the U.S. headed deeper into fiscal year 2026, with the Congressional Budget Office (CBO) reporting that another $1 trillion was added to the federal deficit in the first five months of the year. The monthly budget review from the CBO, updated to February 2026 and…
US stocks hold near their all-time high while the dollar’s value stabilizes – AP News
NEW YORK (AP) — Few ripples washed through Wall Street Wednesday after the Federal Reserve decided to hold its main interest rate steady, just like investors expected. The U.S. stock and bond markets each remained at a virtual standstill, while the U.S. dollar stabilized following its sharp recent slide. Some of the strongest action remained…
Is there an AI bubble and will it pop next year? – Financial Times
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