Financial Times – One America News Network

Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reports

Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center.

WASHINGTON, DC - FEBRUARY 28: (L-R) U.S. President Donald Trump greets Ukrainian President Volodymyr Zelensky as he arrives at the White House on February 28, 2025 in Washington, DC. Trump and Zelensky are meeting today to sign a preliminary agreement on sharing Ukraine’s mineral resources that Trump says will allow America to recoup aid provided to Kyiv while supporting Ukraine’s economy. (Photo by Chip Somodevilla/Getty Images)

Ukraine Ready To Sign Landmark Mineral Agreement With U.S.

Ukrainian officials announced that their country is ready to sign a landmark minerals agreement with the U.S. at the White House on Wednesday — after months-long negotiations.

Apple moving to make most iPhones for US in India rather than China, source says

Apple is speeding up plans to navigate potentially higher tariffs in China, its main manufacturing base

The TikTok office building is shown in Culver City, California, U.S., April 26, 2023. REUTERS/Mike Blake

TikTok bidders pile up as deadline looms with Amazon, OnlyFans founder in mix

As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up.

General view of a net inside Ball Arena before the game between the Washington Wizards against the Denver Nuggets. Mandatory Credit: Ron Chenoy-Imagn Images/File Photo

NBA and European football teams in talks to back new basketball league

The NBA is in discussions with some of Europe’s top football clubs for what could potentially be a significant international expansion effort by a U.S. sports league.

SAN ANSELMO, CALIFORNIA - FEBRUARY 07: In this photo illustration, Visa credit cards are displayed on February 07, 2024 in San Anselmo, California. According to a report by the Federal Reserve Bank of New York, credit card debt in the United States has reached $1.13 trillion. (Photo Illustration by Justin Sullivan/Getty Images)

Credit Card Defaults At Highest Level Since Great Recession In 2008

According to the Financial Times, U.S. credit card defaults increased to their highest level since the start of the 2008 Great Recession, which is a telling sign that lower-income Americans are struggling after dealing with years of high inflation.