business News

Weekly mortgage demand surges 20% higher, after interest rates drop to the lowest since last year - CNBC

Mortgage demand rallied last week after interest rates dropped to the lowest level since December 2024.

Jazz Pharmaceuticals to Acquire Chimerix, Further Diversifying Oncology Portfolio - PR Newswire

/PRNewswire/ -- Jazz Pharmaceuticals plc (Nasdaq: JAZZ) ("Jazz" or the "Company") and Chimerix (Nasdaq: CMRX) ("Chimerix"), today announced the companies have...

Morning Bid: Dollar 'smile' looks lopsided - Yahoo Finance

Europe's stocks and the euro have surged again on the extraordinary news that Germany is ready to take its foot off its debt brake, re-arm and plan half a...

Foot Locker results show the sneaker industry — and Nike — still have more pain ahead - CNBC

Foot Locker is expecting profits to be under pressure in fiscal 2025, indicating steep discounts are still present across the industry, especially at Nike.

Wall Street’s biggest bear says the S&P 500 could drop to 4,200. Here’s his advice for right now. - MarketWatch

BCA’s Peter Berezin says the U.S. may already be in recession

How Elon Musk Muscled His Way Into the FAA - Bloomberg

The billionaire overseeing a wide-ranging government efficiency effort is offering his own SpaceX technology as the future of flight-safety inside the Federal Aviation Administration

A 40-day Target boycott starts today. It couldn’t come at a worse time for the company - CNN

Target is facing a 40-day consumer boycott starting Wednesday over the company’s shift away from diversity, equity and inclusion (DEI) policies.

Volvo ES90 revealed: 800V beauty is midway between SUV, sedan and fastback - Electrek.co

Volvo today revealed its new 800V ES90, based on the SPA2 architecture, which combines the ‘refined elegance of a sedan,...

Millennials are finally buying homes. It may not pay off for them in the long run. - Business Insider

Young Americans finally own homes after years of setbacks. But slowing population growth could put a big dent in their nest eggs.

Here are the likely market winners and losers if Trump stays aggressive on tariffs - Business Insider

Trump's tariffs aren't just a negotiation tactic anymore. They'll help the economy in some areas but hurt it in others.

Li Ka-shing Escapes Trump’s Glare With $19 Billion Port Deal - Bloomberg

After a lifetime of dealmaking, 96-year-old Hong Kong billionaire Li Ka-shing may have just pulled off one of his boldest transactions yet.

Wall Street worries Trump tariffs could wreck the souring economy - The Washington Post

All three major U.S. markets sank before regaining lost ground on fears a trade war will hobble the world’s largest economy and boost inflation.

Trump tells Congress to end CHIPS Act - POLITICO

President Donald Trump told Speaker Mike Johnson in his joint address to Congress Tuesday “you should get rid of the CHIP[S] Act and whatever's left over Mr. Speaker, you should use it to reduce debt or any other reason you want to.”

Exclusive | Trump Administration Readies Order to Bolster U.S. Shipbuilders, Punish China - The Wall Street Journal

A draft order includes measures such as raising revenue from Chinese ships and tax credits and grants for shipyards

Dow Jones Futures Rise After Market Whipsaws Lower; Trump Touts Tariffs Before Congress - Investor's Business Daily

Elon Musk suffers early loss in bid to block OpenAI restructure - POLITICO

'Get rid of the CHIPS Act,' President Trump puts Micron funding in doubt - CNYcentral.com

President Donald Trump told a joint session of Congress he wants to end the CHIPS Act.

Trump Calls for End to $52 Billion Chips Act Subsidy Program - Bloomberg

President Donald Trump called for an end to a landmark $52 billion semiconductor subsidy program that’s spurred more than $400 billion in investments from companies like Taiwan Semiconductor Manufacturing Co. and Intel Corp.

Reserve Bank of New Zealand's governor resigns after seven years of service - CNBC

New Zealand central bank's Governor Adrian Orr has resigned after seven years and will complete service on March 31, according to an official statement.

China sets annual economic growth target of 5% - Financial Times

Goal comes despite slowdown in domestic economy and mounting trade tensions with US