business News

Trump Plans to End CFPB Despite Reviving Work, Official Says (1) - Bloomberg Law

A Consumer Financial Protection Bureau official charged with laying off the agency’s staff said the Trump administration pushed to fully shutter the watchdog as recently as last week, even as a court probes whether it can.

Bitcoin Price (BTC) Rises Above $83K as Markets Move Higher on Ukraine News - CoinDesk

Also giving a boost was an easing in trade tensions between the U.S. and Canada.

Elon Musk breaks silence on stock plunge as Trump claims he'll buy a Tesla to help - Mashable

Tesla had its worst day on the market since 2020 as protests against Musk's EV car company grows.

Kennedy gives food company CEOs an ultimatum - POLITICO

The HHS secretary pressed for commitments to reduce food additives in a closed-door meeting Monday.

Tesla Stock Surges Tuesday After Major Sell-Off - Investopedia

Tesla shares climbed Tuesday after losing more than 15% of their value a day earlier.

Nvidia Stock Sees Wild Swings. How Trump Could End the AI Chips Slump. - Barron's

S&P 500 Set to Enter Correction as Growth Fears Trigger Selloff - Bloomberg

The S&P 500 Index’s three-week sellofff reached 10% before dip buyers waded in to stanch the rout, though trading remained volatile amid another bout of trade-war angst.

Trump Administration Could Bring an Economic ‘Detox.’ What It Means for Stocks. - Barron's

Nasdaq Sell-Off: 2 Artificial Intelligence (AI) Stocks Down 20% and 49% to Buy Hand Over Fist on the Dip - The Motley Fool

Oracle’s Strong Backlog Is Being Overlooked. Why the Stock Is Down. - Barron's

Trump is no longer controlled by the stock markets - BBC.com

The assumption that the US president would row back on policies if shares fell no longer holds true.

Sen. Lummis Reintroduces Bitcoin Act, Which Would Allow US to Buy $80 Billion in BTC - Decrypt

Dow tumbles 500 points as new Trump tariffs rekindle market rout: Live updates - CNBC

The Dow Jones Industrial Average fell Tuesday after President Donald Trump placed additional tariffs on Canadian steel and aluminum coming into the U.S.

Southwest is getting rid of its most recognizable perk - CNN

Months after ditching its open seating policy, Southwest Airlines is ending its most recognizable perks: Free checked baggage.

Goldman Sachs' chief economist just downgraded the entire U.S. economy as Trump's latest tariff salvo rattles markets - Fortune

The storied investment bank has forecast GDP growth to come in below Wall Street’s consensus for the first time in 2½ years.

Tesla owners offloading their cars over Elon Musk backlash are in for a nasty surprise - Fortune

Is a recession coming? Here's what JPMorgan and other banks, analysts, and economists say - Quartz

Kohl’s tumbles after the department store chain slashes its dividend, warns of weak sales ahead - Sherwood News

The OG department store chain sounded the alarm on a pullback from lower-income consumers.

US hasn't determined who was behind attack that caused outage on Trump adviser Musk's social site X - The Associated Press

U.S. officials have not determined who was behind an apparent cyberattack on the social media site X that limited access to the platform for thousands of users. That's according to a Trump administration official familiar with the ongoing investigation into t…

United and American warn on drop in demand for US air travel - Financial Times

American, Delta and Southwest trim financial guidance on corporate and consumer softness