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Why is China spending billions to get people to open their wallets? - BBC.com
business

Why is China spending billions to get people to open their wallets? - BBC.com

Beijing hopes better wages and discounts can encourage spending and stave off greater economic trouble.

BBC News
Trump nominates Fed Governor Michelle Bowman to be central bank’s top cop: ‘Economy has been mismanaged’ - New York Post
business

Trump nominates Fed Governor Michelle Bowman to be central bank’s top cop: ‘Economy has been mismanaged’ - New York Post

Her nomination was quickly met with praise from the banking industry and congressional Republicans, who touted her efforts to resist tougher industry rules.

New York PostReuters
Postal Service chief hands DOGE a cost-cutting wishlist - Axios
business

Postal Service chief hands DOGE a cost-cutting wishlist - Axios

DeJoy said he plans to cut 10,000 workers and billions of dollars from the budget.

AxiosKelly Tyko
Trump Says He’s Authorizing Administration to Produce Coal Power - Bloomberg
business

Trump Says He’s Authorizing Administration to Produce Coal Power - Bloomberg

US President Donald Trump said he would look to counter China’s economic advantage from coal-based electricity by authorizing his administration to ramp up production of power from the fossil fuel.

BloombergJennifer A Dlouhy, Ari Natter
Hollywood Urges Trump to Not Let AI Companies Exploit Copyrighted Works - Variety
business

Hollywood Urges Trump to Not Let AI Companies Exploit Copyrighted Works - Variety

More than 400 Hollywood creative leaders urged the Trump White House to not roll back copyright protections at the behest of AI companies.

VarietyTodd Spangler
Alphabet in Talks to Buy Cloud Security Firm Wiz for $33 Billion - Bloomberg
business

Alphabet in Talks to Buy Cloud Security Firm Wiz for $33 Billion - Bloomberg

Alphabet Inc. is in talks to purchase cloud-security company Wiz Inc. for $33 billion, restarting discussions that were called off last summer after extended negotiations, according to people familiar with the matter.

BloombergKatie Roof, Lynn Doan, Davey Alba
Forever 21 bankruptcy shines light on "de minimis" impact - Axios
business

Forever 21 bankruptcy shines light on "de minimis" impact - Axios

The corrosive effect of a duty loophole on American retailers was thrust back into the spotlight Monday.

AxiosNathan Bomey
Market Correction: 2 No-Brainer AI Chip Stocks to Buy Right Now - Nasdaq
business

Market Correction: 2 No-Brainer AI Chip Stocks to Buy Right Now - Nasdaq

With the Nasdaq Composite and S&P 500 indexes entering correction territory, it has opened up a lot of good buying opportunities for investors, including in the semiconductor space. This includes the stocks of the two leading companies in the artificial intel…

Motley Fool
Postal workers fear job cuts as USPS layoffs are announced - WFAA.com
business

Postal workers fear job cuts as USPS layoffs are announced - WFAA.com

Letter carriers will be rallying across the country on Sunday as 10,000 USPS workers are expected to be laid off within the next month.

WFAA.comTiffany Liou
Tesla used car prices are falling at 3x the rest of the market - Electrek.co
business

Tesla used car prices are falling at 3x the rest of the market - Electrek.co

Tesla used car prices are falling at three times the rate of the rest of the used car market, which...

ElectrekFred Lambert
FDA staff return to crowded offices, broken equipment and missing chairs - The Associated Press
business

FDA staff return to crowded offices, broken equipment and missing chairs - The Associated Press

Thousands of Food and Drug Administration employees are returning to the office to find overflowing parking lots, cramped workspaces and missing equipment. The FDA is the latest federal agency scrambling to meet the Trump administration’s return-to-office man…

Associated PressMatthew Perrone
Intel could be in for significant changes as Lip-Bu Tan takes on CEO role - TechCrunch
business

Intel could be in for significant changes as Lip-Bu Tan takes on CEO role - TechCrunch

Tan is allegedly looking to make staffing cuts and sweeping changes to the company's AI and chip manufacturing strategies.

TechCrunchRebecca Szkutak
Rippling sues Deel, Deel denies ‘all legal wrongdoing’, and Slack is the main witness - TechCrunch
business

Rippling sues Deel, Deel denies ‘all legal wrongdoing’, and Slack is the main witness - TechCrunch

It’s gloves off in one of the more tense rivalries in the world of startups. HR company Rippling Monday morning announced a lawsuit against Deel, another

TechCrunchIngrid Lunden
Rippling sues Deel, Deel denies ‘all legal wrongdoing,’ and Slack is the main witness - TechCrunch
business

Rippling sues Deel, Deel denies ‘all legal wrongdoing,’ and Slack is the main witness - TechCrunch

It’s gloves off in one of the more tense rivalries in the world of startups. HR company Rippling Monday morning announced a lawsuit against Deel, another

TechCrunchIngrid Lunden
Netflix Stock Gains New Bull With Profits Poised To Rise - Investor's Business Daily
business

Netflix Stock Gains New Bull With Profits Poised To Rise - Investor's Business Daily

A Wall Street analyst who had been neutral on Netflix stock has turned positive on the streaming video leader, citing its runway for growth.

Investor's Business DailyPATRICK SEITZ, Investor's Business Daily
Trump names Bowman as Fed's top bank cop, signaling shift in regulatory stance - Yahoo Finance
business

Trump names Bowman as Fed's top bank cop, signaling shift in regulatory stance - Yahoo Finance

Michelle Bowman would likely take oversight of the nation’s largest banks in a new direction as the Trump administration makes it clear it wants to lift...

Yahoo EntertainmentDavid Hollerith
business

Wing of Delta plane strikes runway at LaGuardia Airport during landing - ABC News

ABC NewsABC News
Stock market today: Wall Street rises again - The Associated Press
business

Stock market today: Wall Street rises again - The Associated Press

U.S. stocks climbed again as Wall Street's wild roller-coaster ride veers back upward. The S&P 500 rose 0.6% Monday for a second straight gain after falling 10% below its recent record last week. The Dow Jones Industrial Average added 0.9%, and the Nasdaq com…

Associated PressStan Choe
Trump picks Fed Governor Michelle Bowman to replace Michael Barr as Fed's supervision head - CNBC
business

Trump picks Fed Governor Michelle Bowman to replace Michael Barr as Fed's supervision head - CNBC

Bowman will have a key role in bank oversight as part of her new role.

CNBCJesse Pound
Return-to-office mandates pose the latest challenge to morale at the FDA - STAT
business

Return-to-office mandates pose the latest challenge to morale at the FDA - STAT

Departures of key staff from the FDA could lead to delays in inspections and product approvals.

STATLizzy Lawrence