business News

DOGE team defends federal layoffs: ‘Almost no one has gotten fired’ - The Hill

President Trump’s senior adviser and tech billionaire Elon Musk, along with seven Department of Government Efficiency (DOGE) staffers, defended the number of federal government employees the advisory board has moved to terminate in recent months, arguing that…

China’s Xi calls on top executives to help 'uphold global order' as trade tensions with U.S. rise - CNBC

U.S. President Donald Trump has raised tariffs by 20% on China since January over its alleged role in the U.S. fentanyl crisis, and threatened a swath of new tariffs.

GME News: GameStop (GME) Prices Bitcoin (BTC) Senior Notes at $29.85 - CoinDesk

The bitcoin notes have a 35% premium over the company's Thursday closing price.

Noted economist honored by Trump warns that 25% tariffs risk 'irreparable damage' to US automakers - The Associated Press

Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle. Laffer says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign…

Asia stocks dip as Trump tariff jitters persist; Japan slides on hot Tokyo CPI - Investing.com

Asia stocks dip as Trump tariff jitters persist; Japan slides on hot Tokyo CPI

Nvidia-Backed CoreWeave Prices Its IPO at $40 Per Share, Below Expectations - Investopedia

CoreWeave, a cloud computing company backed by Nvidia, priced its initial public offering at $40 per share Thursday, below its previously expected range.

Trump Warned U.S. Automakers Not to Raise Prices in Response to Tariffs - The Wall Street Journal

Dow Jones Futures: Trump Tariff Losses Continue; Nvidia-Backed CoreWeave IPO A Bad Sign For AI Stocks - Investor's Business Daily

Tesla tried to rally, but hit resistance. Two e-commerce giants made bullish moves.

Rocket Lab’s Neutron Rocket On-Ramped to U.S. Space Force’s $5.6b National Security Space Launch (NSSL) program - Rocket Lab

*Long Beach, Calif. March 27, 2025:* Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, has today been selected by the U.S. Space Force to compete for the Department of Defense’s highest-…

Nippon, US Steel offer increased investment to Trump officials to close deal - Semafor

Under a deal being discussed with administration officials, Nippon would invest billions into US steelmaking facilities and be allowed to complete its $14 billion takeover of US Steel.

Veteran fund manager offers blunt take after Nvidia stock drop - TheStreet

Here's what could happen to Nvidia shares next.

Trump tariffs: Can Vietnam golf its way out of new US import taxes? - BBC.com

The South East Asian country has the third largest trade surplus with the US, after China and Mexico.

Yoga pants maker Lululemon says US consumers are cutting back on spending - Financial Times

Athleisure group’s shares sink as it warns on darkening sentiment among American customers

Air Travel Between Canada And U.S. Down More Than 70 Percent - Jalopnik

July and August saw the biggest drops in bookings, which is especially bad news since those are the most popular travel months.

Suspect Arrested for Firebombing Teslas in Las Vegas - The Wall Street Journal

Hyundai IONIQ 9 officially enters production as its new Georgia EV plant opens - Electrek.co

Hyundai’s first three-row electric SUV, the IONIQ 9, has officially entered production at its massive new EV plant in Georgia....

Lululemon shares drop more than 10% as CEO says inflation, economic concerns are weighing on spending - CNBC

Lululemon beat on earnings but disappointed with its 2025 guidance in its fourth-quarter earnings report.

Ubisoft’s $4 billion carveout sells Tencent a 25 percent stake in some of its biggest games - The Verge

Ubisoft has announced that Tencent will invest $1.3 billion in a new entity dedicated to Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six.

SEC Votes to End Defense of Climate Disclosure Rules - SEC.gov

Dow posts back-to-back losses Thursday as Trump’s auto tariffs weigh on stocks: Live updates - CNBC

Stocks are clinging to marginal gains this week.