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President Donald Trump was joined by the CEOs of Softbank, OpenAI and Oracle to announce a major private artificial intelligence infrastructure investment.

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President Joe Biden warned Americans of an "oligarchy" on the rise just five days before President-elect Donald Trump returns to the office.

President Joe Biden asserted that America is becoming an "oligarchy" while warning the country in his televised farewell address on Wednesday of a "dangerous concentration of power" by the wealthy.

President Joe Biden's farewell address to Americans served as a final reminder of why we'll be glad when he's gone from the White House.

Donald Trump is considering signing an executive order that would suspend the sale-or-ban law imposed on TikTok (BDNCE) by the Biden administration, The Washington Post reported Wednesday, citing two people familiar with the discussions of the incoming president.

The Wall Street major averages advanced on Wednesday, with Nasdaq Composite (COMP:IND) in particular getting a big boost from Netflix (NFLX). The streaming giant popped after announcing robust quarterly results.

Stocks ended firmly higher on Tuesday, with the S&P 500 rising 0.88% and reclaiming the 6,000 point mark amid a pullback in Treasury yields and optimism over Trump's focus on deregulation, focused tariff strategies and the prospect of solid corporate earnings into the fourth quarter reporting season.

TOKYO (Reuters) - SoftBank (TYO: 9984) CEO Masayoshi Son's plan to invest billions in AI in the United States shows one way to handle the new Trump administration: go big and deal with the details later.

U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so.