White House Press Secretary Karoline Leavitt says President Donald Trump will be signing an executive order delaying tariffs to August 1 during a news conference in Washington. President Donald Trump announced that he will impose 25% tariffs on goods from Japan and South Korea.



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CoreWeave is buying Core Scientific for $9 billion in an all-stock deal. It’s expected to close in the fourth quarter. In buying Core Scientific in an all-stock deal, CoreWeave will inherit more than a gigawatt of data-center capacity across the US — much of which is already contracted out to serve its clients in training, deploying and using AI models. Liana Baker reports. (Source: Bloomberg)



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Blackouts in the US could double by 2030 amid an expected increase in power demand brought on by AI, according to a Trump administration report that blames the expected energy shortfall on the closures of coal and natural gas power plants and overreliance on renewable energy.



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