business News

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

Chinese EVs are making inroads in North America. That worries industry experts - AP News
business

Chinese EVs are making inroads in North America. That worries industry experts - AP News

China’s rapid development of electric vehicles had competitors concerned even before Canada this week agreed to cut its tariffs on EVs in exchange for concessions on Canadian farm products. Experts say an easier path into Canada could be a big boost for Chine…

Associated PressAlexa St. John
Stock Market Today: S&P 500, Dow Slide As Netflix, GE Aerospace Earnings Loom (Live Coverage) - Investor's Business Daily
business

Stock Market Today: S&P 500, Dow Slide As Netflix, GE Aerospace Earnings Loom (Live Coverage) - Investor's Business Daily

Stock Market Today: The Dow Jones index rose Friday, nearing record highs. Nvidia stock reclaimed a key level Thursday.

Investor's Business Daily
Trump Jolts Odds For Next Fed Chair; Gold, Bitcoin Fall - Investor's Business Daily
business

Trump Jolts Odds For Next Fed Chair; Gold, Bitcoin Fall - Investor's Business Daily

Former Fed Gov. Kevin Warsh has criticized central bank asset purchases.

Investor's Business Daily
OpenAI to test ads in ChatGPT as it burns through billions - Ars Technica
business

OpenAI to test ads in ChatGPT as it burns through billions - Ars Technica

Ads coming to free tier and new $8/month ChatGPT Go plan in US.

Ars TechnicaBenj Edwards
S&P 500 closes little changed Friday, posts weekly loss amid raft of Trump comments: Live updates - CNBC
business

S&P 500 closes little changed Friday, posts weekly loss amid raft of Trump comments: Live updates - CNBC

The S&P 500 ended Friday near the flatline, but posted a loss on the week.

CNBCSean Conlon, Pia Singh
Trump's Tariffs Push Canada To Get Cozy With China On EVs - Jalopnik
business

Trump's Tariffs Push Canada To Get Cozy With China On EVs - Jalopnik

With Chinese EVs now gaining a foothold in North America, it seems like only a matter of time until they reshape the entire automotive industry.

JalopnikChad Kirchner
Republicans vouch for Fed chair, creating a rare schism with Trump - AP News
business

Republicans vouch for Fed chair, creating a rare schism with Trump - AP News

Republicans in Congress are supporting Federal Reserve Chair Jerome Powell as the Trump administration ramps up its pressure campaign against the central bank. The rare break in Congress from Trump is a result of Powell revealing that the Justice Department h…

Associated PressJoey Cappelletti, Christopher Rugaber
Novo's Wegovy Pill Looks A Lot Like Zepbound — In One Week - Investor's Business Daily
business

Novo's Wegovy Pill Looks A Lot Like Zepbound — In One Week - Investor's Business Daily

Novo Nordisk's oral Wegovy snagged 3,071 prescriptions in its first week on the market, an analyst said Friday.

Investor's Business Daily
US’s largest offshore wind farm can resume construction, in a third blow to Trump - Electrek
business

US’s largest offshore wind farm can resume construction, in a third blow to Trump - Electrek

A federal judge today issued an order granting a preliminary injunction allowing construction to resume on the 2.6-GW CVOW project.

ElectrekMichelle Lewis
EPA rules that xAI’s natural gas generators were illegally used - TechCrunch
business

EPA rules that xAI’s natural gas generators were illegally used - TechCrunch

Elon Musk's AI company had installed and operated 35 natural gas turbines without permits, something the EPA now says was illegal.

TechCrunchTim De Chant
business

White House Plan Would Let Americans Tap 401(k)s for Down Payments on Homes - The Wall Street Journal

The Wall Street JournalThe Wall Street Journal
Bill Gates isn’t even close to America’s largest private landowner. It’s ‘Silent Stan’ Kroenke, Walmart husband and LA Rams owner - Fortune
business

Bill Gates isn’t even close to America’s largest private landowner. It’s ‘Silent Stan’ Kroenke, Walmart husband and LA Rams owner - Fortune

Kroenke’s purchase of nearly 1 million acres of ranchless marks a growing trend of the ultrawealthy snapping up farmland as an alternative asset.

FortuneSasha Rogelberg
Trump Wants Homebuyers to Tap 401(k)s for Down Payments. Should They? - Bloomberg.com
business

Trump Wants Homebuyers to Tap 401(k)s for Down Payments. Should They? - Bloomberg.com

President Donald Trump is slated to unveil a plan for letting retirement savers use the money to buy homes.

BloombergSuzanne Woolley, Casey He
Verizon Outage Caused by Software Issue, but Details Are Still Elusive - CNET
business

Verizon Outage Caused by Software Issue, but Details Are Still Elusive - CNET

We're still piecing together what caused Verizon's extended service blackout, but network experts point to possibilities based on how it transpired.

CNETSee full bio
NYC Mayor Zohran Mamdani Is Cracking Down On Food Delivery Apps - The Takeout
business

NYC Mayor Zohran Mamdani Is Cracking Down On Food Delivery Apps - The Takeout

Mamdami's administration sued third-party platform Motoclick, claiming it failed to meet the city's minimum pay standards and docking driver pay and tips.

The TakeoutJoe Hoeffner
Supreme Court will hear appeal by maker of popular Roundup weedkiller to block thousands of lawsuits - AP News
business

Supreme Court will hear appeal by maker of popular Roundup weedkiller to block thousands of lawsuits - AP News

The Supreme Court has agreed to hear an appeal from agrochemical manufacturer Bayer to block thousands of state lawsuits alleging it failed to warn people its popular weedkiller could cause cancer. The justices said Friday they'll consider whether the Environ…

Associated PressMark Sherman
YouTube relaxes monetization policy on videos with controversial content - AP News
business

YouTube relaxes monetization policy on videos with controversial content - AP News

YouTube is updating its guidelines for videos containing what advertisers define as controversial content, like abortion and self-harm, allowing more creators to earn full ad revenue when they tackle sensitive issues in a nongraphic way. YouTube videos that d…

Associated PressKaitlyn Huamani
‘DEAD’: Hassett’s Fed chair bid thrown into doubt - Politico
business

‘DEAD’: Hassett’s Fed chair bid thrown into doubt - Politico

“I actually want to keep you where you are if you want to know the truth,” the president told his top economic adviser, Kevin Hassett, on Friday.

PoliticoDeclan Harty, Megan Messerly, Victoria Guida
Bayer Gets High Court Hearing in Challenge to Roundup Suits - Bloomberg.com
business

Bayer Gets High Court Hearing in Challenge to Roundup Suits - Bloomberg.com

The US Supreme Court agreed to hear Bayer AG’s appeal taking aim at thousands of lawsuits targeting its top-selling Roundup weedkiller for causing cancer.

BloombergJef Feeley
Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks - CNBC
business

Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks - CNBC

Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry executives and their lobbyists this week.

CNBCHugh Son