Federal Reserve Data

Business

Mineralys Therapeutics Submits New Drug Application for Hypertension Treatment Lorundrostat, Backed by Strong Clinical Data

Clinical-stage biopharma Mineralys Therapeutics has filed its New Drug Application for lorundrostat, a potential treatment for resistant hypertension, following positive results from multiple trials. The move positions the company for a potential 2026 market entry and has drawn upgraded price targets from analysts.

Jan 30, 2026

Business

AI Data Surge Fuels Western Digital's Strong Q2, Drives High-Capacity Storage Demand

Western Digital's fiscal Q2 2026 results showcase robust growth, with revenue climbing 25% year-over-year to $3.0 billion. The company credits accelerating AI adoption for driving demand for its high-capacity nearline hard drives and advanced technologies like HAMR and UltraSMR.

Jan 30, 2026

US

DOJ Weighs Appeal in Case of 5-Year-Old Released from ICE Custody, Spotlighting Trump's Detention Policies

The Department of Justice may challenge a federal judge's order to release a five-year-old boy and his father from immigration detention, a case that has ignited debate over the administration's aggressive enforcement tactics and the conditions inside family detention centers.

Feb 3, 2026

Business

Audit Reveals Duke University's Robust Finances, Contradicting Rationale for Staff Cuts

An independent financial analysis of Duke University has found the institution possesses substantial reserves and strong cash flow, raising faculty criticism over recent staff reductions and budget cuts framed as necessary austerity measures.

Feb 2, 2026

World

DHS Mandates Body Cameras for All Field Agents Nationwide, Starting with Minneapolis

Homeland Security Secretary Kristi Noem announces immediate rollout of body-worn cameras to all field officers, including ICE agents, with Minneapolis as the initial focus. The policy expands a federal transparency initiative amid heightened scrutiny of immigration enforcement practices.

Feb 2, 2026

Business

U.S. Treasury Sets Borrowing Pace: $574 Billion Needed in Early 2026, Q2 Estimate at $109 Billion

The U.S. Treasury Department has outlined its borrowing needs for the first half of 2026, projecting $574 billion in net marketable debt for Q1 followed by a significantly lower $109 billion for Q2, amid adjustments to cash flow forecasts and federal cash balances.

Feb 2, 2026

US

Judge Lifts Restraining Order, Allows DHS to Proceed with Evidence Disposal in ICE Shooting Case

A federal judge in Minnesota has rescinded an order that prevented the Department of Homeland Security from destroying evidence connected to the fatal shooting of U.S. citizen Alex Pretti by ICE agents, allowing the controversial disposal process to move forward.

Feb 2, 2026

Business

From Oil to Minerals: U.S. Revives Cold War-Era Stockpile Strategy for Critical Resources

The Trump administration is launching a strategic reserve for rare earths and critical minerals, echoing the 1970s response to the oil crisis, as global competition for tech supply chains intensifies.

Feb 2, 2026

World

German Authorities Crack Down on Alleged Arms Component Smuggling Ring to Russia

German federal prosecutors have arrested five individuals accused of operating a sophisticated smuggling network that allegedly funneled millions of euros worth of dual-use goods to Russian defense firms, in violation of EU sanctions imposed after the invasion of Ukraine.

Feb 2, 2026

Business

Tariffs and the American Wallet: A Household Cost Analysis Four Years On

An examination of price data reveals that tariffs imposed during the previous administration continue to contribute to higher costs for everyday goods, from groceries to home utilities, adding financial pressure on U.S. households.

Feb 2, 2026

Business

U.S. Government Acquires Strategic Stake in MP Materials to Bolster Rare Earth Independence

In a significant move to secure domestic supply chains for critical minerals, the U.S. government has taken a direct 15% equity position in MP Materials. This strategic investment, paired with expanded federal contracts, aims to reduce reliance on foreign sources for rare earths essential to defense and green energy technologies.

Feb 2, 2026

Business

The AI Boom's Hidden Fuel: Why Copper Supply Is the Next Big Crisis

As global demand for copper surges—driven by AI data centers, electrification, and green energy—a severe supply crunch looms. Mining magnate Robert Friedland warns of a looming 'train wreck,' putting companies like Southern Copper and Freeport-McMoRan in the spotlight for investors.

Feb 2, 2026

Business

Wells Fargo CEO's Pay Soars to $40 Million as Bank Emerges from Regulatory Shadow

Wells Fargo's board has approved a 28% compensation increase for CEO Charlie Scharf, bringing his total package to $40 million for the past year. The move comes as the bank marks a pivotal turnaround, with major federal penalties lifted and its transformation under Scharf's leadership cited as justification for the raise.

Feb 2, 2026

Business

Robinhood's Triple Play: From Trump Accounts to SpaceX IPO and Tokenization

Robinhood is positioning itself at the center of three major financial shifts: potentially administering new federal savings accounts, vying for a key role in SpaceX's blockbuster IPO, and expanding into tokenized assets. This strategic pivot could redefine the fintech's role from a trading app to a core financial infrastructure player.

Feb 2, 2026

Business

SEC and CFTC Forge Unified Front with 'Project Crypto' to Streamline Digital Asset Oversight

In a landmark move to end regulatory ambiguity, the SEC and CFTC have formally merged their 'Project Crypto' into a single rulebook. The joint initiative aims to harmonize federal oversight of crypto markets, drawing clearer lines between securities and commodities as legislative efforts advance in Congress.

Feb 2, 2026

Business

FDA Grants Breakthrough Status to Cogent Biosciences' GIST Combo Therapy, Accelerating Path to Market

Cogent Biosciences secures a key FDA Breakthrough Therapy Designation for its bezuclastinib-sunitinib combination in advanced GIST, following promising Phase 3 data that showed a halving of disease progression risk.

Feb 2, 2026

Business

Blue Owl Capital Faces Investor Lawsuit as $295 Billion Private Credit Giant Grapples With Liquidity Strain

A federal class-action lawsuit alleges Blue Owl Capital, a major player in the $1.7 trillion private credit market, restricted investor withdrawals amid mounting redemptions, testing Wall Street's promise of 'democratized' alternative investments for Main Street.

Feb 2, 2026

US

Fewer but Fiercer: The Evolving Disruption of U.S. Government Shutdowns

While the frequency of U.S. government shutdowns has declined since the 1990s, a deepening partisan divide has transformed them into longer, more damaging stalemates, with 22 closures since 1976 imposing growing costs on federal operations and the public.

Feb 2, 2026

Business

Beyond the Drill Bit: How EQT Powers the AI Boom and Grid Reliability

As AI data centers drive an unprecedented surge in U.S. power demand, natural gas producer EQT is positioning itself as a critical pillar of energy security. Its proven operational resilience during extreme weather events underscores a strategic shift from a pure commodity play to an essential infrastructure partner.

Jan 31, 2026

Business

Tether Posts Record $10B+ Profit in 2025, Bolstered by Massive Gold and Treasury Holdings

The stablecoin issuer finished 2025 with over $10 billion in net profit, backed by a $17.4 billion gold reserve and a U.S. Treasury portfolio that rivals major nations, as demand for its USDT token continues to surge globally.

Jan 31, 2026