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Detroit automakers have cut over 20,000 U.S. salaried jobs as AI looms

TazaPulseMay 15, 2026

The former General Motors headquarters inside the Renaissance Center in Detroit, April 15, 2024. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — As artificial intelligence expands, it threatens to exacerbate a growing trend for America’s largest automakers: the elimination of white-collar workers. The “Detroit Three” automakers have together cut more than 20,000 U.S. salaried...

Trump is in China. Vitro is a cautionary tale of Chinese investment

TazaPulseMay 15, 2026

Construction materials sit in front of the loading docks at the Fuyao Glass America production facility in Moraine, Ohio, U.S., on Friday, Aug. 19, 2016. Ty Wright | Bloomberg | Getty Images MEADVILLE, Pa — President Donald Trump is in China, courting new trade deals with Beijing. One glassmaker in the U.S. is warning that...

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Where Cerebras’ monster debut puts in among tech’s biggest IPOs

TazaPulseMay 15, 2026

Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds the Wafer Scale Engine 3 AI chip during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty Images Cerebras Systems narrowly missed joining Facebook-parent Meta and Alibaba as...

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Dems demand Lutnick resign over Jeffrey Epstein interview

TazaPulseMay 15, 2026

U.S. Secretary of Commerce Howard Lutnick testifies during a Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing on February 10, 2026 in Washington, DC. Lutnick is facing bipartisan calls for his resignation after revelations that came to light in the latest release of Epstein files. Chip Somodevilla | Getty Images News |...

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Fed Governor Miran submits resignation, throws support behind Warsh as new chair

TazaPulseMay 15, 2026

Stephen Miran, governor of the US Federal Reserve, during a television interview on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Nov. 10, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Stephen Miran officially handed in his resignation letter Thursday, saying he will vacate his...

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U.S. Border Patrol Chief Mike Banks resigns

TazaPulseMay 15, 2026

U.S. Border Patrol Chief Mike Banks at a roundtable discussion with local ranchers and employees from U.S. Customs and Border Protection led by U.S. Secretary of Homeland Security Kristi Noem on January 7, 2026 in Brownsville, Texas. Michael Gonzalez | Getty Images U.S. Border Patrol Chief Mike Banks resigned on Thursday. “We thank U.S. Border...

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Retail investors’ favorite stocks in big market comeback, per Goldman

TazaPulseMay 14, 2026

Retail investors are back in the stock market, and they’re driving key trades, according to Goldman Sachs. Individual investors were sitting out the stock market earlier this year, in March and for part of April, following the start of the U.S.-Iran war. That’s in contrast to their buy-the-dip mentality last year, when they bought the...

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Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed

TazaPulseMay 14, 2026

Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time for the new Federal Reserve chair to take over. Speaking Thursday to CNBC, Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is “going to keep pumping” oil, easing the...

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Analysts expect ‘stabilization’ in U.S.-China ties as Trump-Xi meet

TazaPulseMay 14, 2026

U.S. President Donald Trump and Chinese President Xi Jinping attend a bilateral meeting at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty Images As the world watches U.S. President Donald Trump and Chinese leader Xi Jinping’s historic summit, analysts suggest it could...

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Cerebras prices IPO above expected range, Wall Street expects AI flood

TazaPulseMay 14, 2026

Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a person with knowledge of the matter. The deal comes as investors gear up for what’s expected to be a very busy year for new AI offerings. The IPO reeled in at...