If former President Donald Trump wins reelection, he will have power to set policies that affect the values of crypto, oil, and venture capital. His vice presidential pick, J.D. Vance, has financial interests in all three. In 39-year-old Vance, Trump picked a young populist with connections to Silicon Valley rather than a traditional big-business conservative.
Nvidia’s dominance in providing chips to power artificial-intelligence technology was bound to attract the notice of regulators. Now the company looks set to face the first antitrust challenge of its AI era but it should only be a small obstacle. Nvidia is about to be charged by the French antitrust regulator for allegedly anticompetitive practices,
Shares of consumer-finance companies including Capital One and the parent of Rocket Mortgage dropped on Thursday after the Supreme Court ruled that the Consumer Financial Protection Bureau is funded legally. The ruling is a win for consumer-protection advocates and a setback for conservative groups and the Community Financial Services Association of America, the industry lobbying