business News

Fears of a 2025 Recession Are Gaining Steam - Newser

Big banks more pessimistic as Trump declines to rule out the possibility

Barclays chair has shifted view on Staley’s relationship with Epstein, court hears - Financial Times

UK bank’s former chief accuses regulators of ‘destroying’ his reputation over alleged links with convicted paedophile

Part 2: This Is Not A Recessionary Bear Market - Seeking Alpha

Recent forecasts for a recession and bear market in 2025 are misguided. Read more to see my thoughts.

The Magnificent Seven tech stocks plummet as the Nasdaq marks worst day in three years - Quartz

Tesla led the drop, but Meta, Apple and Nvidia were all down more than 4% intraday trading

Exclusive: Washington Post to overhaul newsroom structure - Axios

The shifts follow months of high-profile staff departures and blowback to recent opinion coverage changes by owner Jeff Bezos.

DOJ: Google must sell Chrome, Android could be next - Ars Technica

Google says government proposals would “harm America’s consumers.”…

AppLovin Stock Is ‘Under Significant Pressure.’ This Analyst Is Upbeat. - Barron's

Medium- and Longer-Term Inflation Expectations Unchanged; Consumers’ Pessimism About Their Future Financial Situations Increases - Federal Reserve Bank of New York

Nvidia Price Target Slashed As AI Stocks Swoon. 'No One Knows What's Going On,' Says Analyst. - Investor's Business Daily

A Wall Street analyst cut his price target on Nvidia stock on Monday, citing "a multitude of factors (that) have clouded the near term."

Redfin Stock Soars 70% on Deal to Be Bought by Rocket Cos. for $1.75 Billion - Barron's

Redfin Stock Soars After Rocket Announces $1.75 Billion Acquisition - Investor's Business Daily

U.S. Strategic Bitcoin Reserve, Crypto Stockpile a 'Pivotal Moment' for Industry: KBW - CoinDesk

Bitcoin is the real winner as it is exclusively being treated as a reserve asset, the report said.

Top analyst reworks Tesla stock price target amid global sales slump - TheStreet

Tesla shares are set to open south of their Election Day closing price.

Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact - CNBC

Some European car manufacturers may be able to avoid new U.S. tariffs, at least temporarily.

We're getting rid of our Tesla — and Elon Musk's politics have nothing to do with it - Business Insider

After tons of research we bought a Tesla Model Y. We didn't realize how expensive it'd be to insure it. Now we want to sell it.

Elon Musk's Tesla facilities in the US face 'Takedown' protests - BBC.com

It is part of an effort to protest the role Tesla's billionaire owner, Elon Musk, has played in the Trump administration.

US stocks drop after Trump says he won’t rule out a recession - CNN

US stocks opened sharply lower Monday after President Donald Trump said the US economy would see “a period of transition” and refused to rule out a recession, in an interview that aired Sunday.

Bitcoin falls after hopes that purchases will boost Trump's strategic crypto reserve are dashed - Business Insider

Only bitcoin already held by the US government will be included in President Donald Trump's crypto strategic reserve.

Here's why banks don’t want the CFPB to disappear - CNBC

The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.

Redfin Stock Soars as Rocket Companies Acquires Firm for $1.75B - Investopedia

Redfin shares are surging 70% Monday after mortgage giant Rocket Companies announced it was buying the digital real estate brokerage in an all-stock deal valued at $1.75 billion.