business News

Stay updated with the latest business news, articles, and updates.

Goldman Sachs, Morgan Stanley Report Atop Multimonth Rallies - Investor's Business Daily
business

Goldman Sachs, Morgan Stanley Report Atop Multimonth Rallies - Investor's Business Daily

Dow Jones financial giant Goldman Sachs posted mixed results early Thursday. Morgan Stanley surges on its Q4 beat.

Investor's Business Daily
Boston Scientific Will Buy Penumbra In $14.5 Billion Medtech Deal - Investor's Business Daily
business

Boston Scientific Will Buy Penumbra In $14.5 Billion Medtech Deal - Investor's Business Daily

The Penumbra deal will expand its cardiovascular reach. Penumbra jumped.

Investor's Business Daily
45 confirmed sick in multistate Salmonella outbreak tied to supplement - CIDRAP
business

45 confirmed sick in multistate Salmonella outbreak tied to supplement - CIDRAP

No deaths have been reported, but 12 people have been hospitalized.

Umn.edu
Senate Delays Clarity Act Meeting After Coinbase Opposition - Investor's Business Daily
business

Senate Delays Clarity Act Meeting After Coinbase Opposition - Investor's Business Daily

Senate Committees delay meetings on Clarity Act after Coinbase CEO takes issue with parts of the digital asset market structure bill.

Investor's Business Daily
NVDA, GOOGL, META: AI Spending Forecast to Hit $2.53 Trillion This Year - TipRanks
business

NVDA, GOOGL, META: AI Spending Forecast to Hit $2.53 Trillion This Year - TipRanks

Hyperscalers continue to have deep pockets.

Tipranks.comJoel Baglole
At Detroit auto show, spotlight dims for EVs - AP News
business

At Detroit auto show, spotlight dims for EVs - AP News

The North American International Auto Show in Detroit once dedicated an entire track on its coveted show floor to getting consumers comfortable with electric vehicles and charging. It’s a different story at this year’s show amid President Donald Trump's anti-…

Associated PressAlexa St. John
Portal Bridge Cutover: What It Means For You - NJ Transit
business

Portal Bridge Cutover: What It Means For You - NJ Transit

New Jersey Public Transportation Corporation - The Way To Go

Njtransit.com
NY’s offshore wind project resumes after Trump’s stop work order - Gothamist
business

NY’s offshore wind project resumes after Trump’s stop work order - Gothamist

Empire 1 can resume construction off the coast of Long Island after a federal judge granted a preliminary injunction.

Gothamisthttps://gothamist.com/staff/rosemary-misdary
Spotify’s 3rd price hike in 2.5 years hints at potential new normal - Ars Technica
business

Spotify’s 3rd price hike in 2.5 years hints at potential new normal - Ars Technica

Spotify claims the higher fees will help "benefit artists."

Ars TechnicaScharon Harding
Pokémon Card Shop’s First Community Event Ruined By Armed Anime Backpack Robbers - Kotaku
business

Pokémon Card Shop’s First Community Event Ruined By Armed Anime Backpack Robbers - Kotaku

The owner of the NYC-based shop is now thinking about hiring an armed guard

KotakuZack Zwiezen
Bank CEOs Say Record $134 Billion Trading Haul Is Just the Start - Bloomberg.com
business

Bank CEOs Say Record $134 Billion Trading Haul Is Just the Start - Bloomberg.com

Morgan Stanley Chief Executive Officer Ted Pick started summing up his outlook after Wall Street’s banner year for trading with four words: “The setup is ideal.”

BloombergKatherine Doherty
College students and teens could be fueling the prediction markets boom - CNBC
business

College students and teens could be fueling the prediction markets boom - CNBC

Where sports betting is legal, it's often limited to those 21 years or older. Kalshi and Polymarket are open to anyone 18 or older, with some exceptions.

CNBCContessa Brewer
How the new $6,000 senior tax deduction could affect millions of Americans over 65 - CBS News
business

How the new $6,000 senior tax deduction could affect millions of Americans over 65 - CBS News

A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.

CBS NewsAimee Picchi
TSMC Spurs Tech Revival as Metals Slide From Peaks: Markets Wrap - Bloomberg.com
business

TSMC Spurs Tech Revival as Metals Slide From Peaks: Markets Wrap - Bloomberg.com

A tech rally spurred a rebound in stocks as a blowout outlook from an artificial-intelligence bellwether revived hopes about the longevity of the bull-market driver while signs of economic strength lifted small caps.

BloombergRita Nazareth
Behind Trump vs. Powell Is a Battle Over US Empire’s Future - Jacobin
business

Behind Trump vs. Powell Is a Battle Over US Empire’s Future - Jacobin

After the 2008 crisis, the US set up a vast financial network offering liquidity to its allies. The ongoing clash between Jerome Powell and Donald Trump is partly about the future of this system and which vision of American empire it will promote.

Jacobin.com
Nvidia Caught in U.S.–China Tensions as Lawmakers Push Back on AI Chips - TipRanks
business

Nvidia Caught in U.S.–China Tensions as Lawmakers Push Back on AI Chips - TipRanks

Nvidia ($NVDA) is once again caught between Washington and Beijing, as growing pushback from U.S. lawmakers adds pressure to the AI chip trade debate. The concerns come as Reuters reported

Tipranks.comShalu Saraf
business

Verizon’s Hourslong Wireless Outage Tied to Software Update - The Wall Street Journal

The Wall Street JournalThe Wall Street Journal
business

Mortgage Rates Drop to 6.06%—Lowest Level Since 2022 - Realtor.com

Realtor.com NewsRealtor.com
Amazon Threatens 'Drastic Action' After Saks Bankruptcy - Slashdot
business

Amazon Threatens 'Drastic Action' After Saks Bankruptcy - Slashdot

Amazon wants a federal judge to reject Saks Global's bankruptcy financing plan, writing in court papers the beleaguered department store "burned through hundreds of millions of dollars in less than a year" and failed to hold up their agreement. From a report:…

Slashdot.org
The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China - TechCrunch
business

The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China - TechCrunch

The Trump administration formalized its 25% cut of H200 chip sales in China with a tariff that applies to certain semiconductors.

TechCrunchRebecca Szkutak