The Federal Reserve voted 9-3 to hold interest rates steady on Wednesday, with three regional bank presidents dissenting in favor of a hike. It was the sharpest split on the FOMC in a decade.
Microsoft's fourth-quarter results showed Azure cloud sales topping $100 billion annually and profits up 31%, sending shares 8% higher and reigniting the argument over the scale of AI capital spending.
The Senate Judiciary Committee delayed Thursday's vote on Todd Blanche's attorney general nomination after Sens. Thom Tillis and John Cornyn demanded written DOJ commitments on a January 6 compensation fund and IRS enforcement.
The FCC blocked new imports of foreign-made humanoid robots and power inverters, many produced in China, arguing they could enable surveillance or remote sabotage. Beijing called the move politically motivated.
Jay Clayton was confirmed 51-47 as director of national intelligence, becoming the third person to hold the post under President Trump this year. His confirmation reopens a fight over warrantless surveillance powers.
President Trump held separate White House meetings with Israeli Prime Minister Netanyahu and Ukrainian President Zelenskyy on Tuesday, calling both productive as tensions over the Iran war and Ukraine aid simmered.
China's Law on Promoting Ethnic Unity and Progress came into force this week, drawing condemnation from Taiwan, the UN and rights groups over a clause that appears to apply even outside China.
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