Nvidia Faces More Disruption From New China Export Curbs Than Expected, Morgan Stanley Says - Investopedia

Morgan Stanley analysts on Wednesday trimmed their revenue projections for Nvidia, citing concerns new chip export curbs to China are “more disruptive” than anticipated.

Trump administration issues order to stop construction on New York offshore wind project - AP News

The Trump administration has issued an order to stop construction on a major offshore wind project to power more than 500,000 New York homes, the latest in a series of moves targeting the industry. Interior Secretary Doug Burgum on Wednesday directed the Bure…

Trump administration reportedly considers a US DeepSeek ban - TechCrunch

The Trump administration is considering barring Americans from accessing AI models created by the Chinese AI lab, DeepSeek.

Trump fires two board members from credit union regulator, raising fears about the Fed's independence - Axios

The Fed's independence is a matter of enormous consequence to the stability of financial markets.

OpenAI releases new simulated reasoning models with full tool access - Ars Technica

New o3 model appears “near-genius level,” according to one doctor, but it still makes mistakes.

Breaking down claims that China halted all its orders of Boeing planes - Snopes

Trump’s tariffs are ‘likely’ to push prices up, Fed chief warns, prompting market slide - The Washington Post

The Fed chief warns higher inflation is likely, although officials routinely say their outlook depends on how Trump’s policies — on trade, immigration and more — shake out.

Zoom Sees Outage With 50,000 Users Reporting Availability Issues - Bloomberg.com

Zoom Communications Inc. said it restored service after an earlier outage affected tens of thousands of users, hobbling a communication system that’s become an essential business tool since the pandemic era.

S&P 500 Gains and Losses Today: Chip Stocks Drop as Top Firms Cite Export Restriction Effects - Investopedia

The S&P 500 lost 2.2% on Wednesday, April 16, as the Federal Reserve chair discussed possible inflationary and economic consequences of tariffs.

Temu and Shein to raise prices after Trump closes tariff loophole - Axios

Temu and Shein are poised to raise prices as they grapple with President Trump's move to close a trade loophole on cheap Chinese goods.

Trump thinks ‘cheaters’ are hurting us on trade, but here’s how the U.S. employs a number of sneaky ‘non-tariff barriers’ to repel foreign goods - Fortune

The culprit is “non-tariff barriers” (NTBs), such as quotas and technical standards that systematically block goods from flooding U.S. markets.

Kia unveils the 2026 EV4, its first all-electric global sedan - Electrek

Kia just pulled the cover off its all-new 2026 EV4 today, marking the automaker's first global all-electric sedan.

Red Robin's $20 Bottomless Burger Pass Will Give You A Free Burger And Endless Sides Every Day In May - Southern Living

Red Robin is celebrating National Burger Month by debuting a Bottomless Burger Pass. For just $20, a burger pass will give you a burger served with a bottomless side every day from May 1st through May 31st. Passes go on sale April 17, 2025.

Stocks tumble anew as Nvidia and Powell raise alarms over trade policies - NBC News

A series of fresh trade warnings barreled into Wall Street on Wednesday, pushing down the three major U.S. stock indexes in the latest sign of turbulence from White House policies.

Hertz shares surge more than 50% after Bill Ackman takes big stake in the rental car firm - CNBC

Shares of Hertz surged 56% Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024.

Stocks slide as Powell warns of impact of tariffs on the economy - CNN

US stocks fell Wednesday as Federal Reserve Chair Jerome Powell warned that President Donald Trump’s tariffs are unprecedented in modern history, with effects that “remain highly uncertain.”