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US Stocks Set to Erase $3.4 Trillion Post-Election Trump Rally - Bloomberg
business

US Stocks Set to Erase $3.4 Trillion Post-Election Trump Rally - Bloomberg

Donald Trump’s return to the White House was cause for celebration on Wall Street. In the month after Election Day alone, the S&P 500 Index jumped more than 5%, adding some $2.8 trillion in value, on the expectation that the new administration would juice…

BloombergEsha Dey, Jess Menton
Trump official floats new approach on GDP, as economy poised to slow sharply - The Washington Post
business

Trump official floats new approach on GDP, as economy poised to slow sharply - The Washington Post

Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry-picking data for political gain.

The Washington PostAbha Bhattarai
America’s biggest donor gave $3.7 billion in 2024 - The Seattle Times
business

America’s biggest donor gave $3.7 billion in 2024 - The Seattle Times

Former New York City mayor Michael Bloomberg gave the most to charitable causes, according to the Chronicle of Philanthropy.

The Seattle TimesMARIA DI MENTO
Lindt moving some chocolate production from US to Europe to avoid Canada’s retaliatory tariffs - New York Post
business

Lindt moving some chocolate production from US to Europe to avoid Canada’s retaliatory tariffs - New York Post

The Swiss chocolate maker is one of the first major companies to announce plans to move some production out of the US to avoid Canada’s retaliatory tariffs.

New York PostTaylor Herzlich
Okta Stock Charges Higher. How Earnings Show an ‘Inflection in the Business.’ - Barron's
business

Okta Stock Charges Higher. How Earnings Show an ‘Inflection in the Business.’ - Barron's

Barron'sEmily Dattilo
Massachusetts authorities investigate 'suspicious' fires at Tesla charging stations - USA TODAY
business

Massachusetts authorities investigate 'suspicious' fires at Tesla charging stations - USA TODAY

The fires comes amid other attacks against Tesla dealerships and car owners.

USA TodayTaylor Ardrey
Fact check: Trump repeats false claim that Canada prohibits US banks - CNN
business

Fact check: Trump repeats false claim that Canada prohibits US banks - CNN

As his 25% tariffs on imported Canadian products took effect on Tuesday, President Donald Trump repeated one of his many false claims about Canada – wrongly saying, again, that Canada prohibits US banks from operating there.

CNNDaniel Dale
Economic And Market Data Signal A Recession Is Coming - Forbes
business

Economic And Market Data Signal A Recession Is Coming - Forbes

A slew of economic and market data is signaling that a recession is around the corner. Declining stock market and dollar values show investors' displeasure.

ForbesMayra Rodriguez Valladares
Elon Musk: The uncomfortable truth behind the Tesla’s falling stock prices. - Slate
business

Elon Musk: The uncomfortable truth behind the Tesla’s falling stock prices. - Slate

Claiming that boycotts have hurt Musk any worse than a bee sting is cope—but it doesn’t have to be this way.

Slate MagazineAlex Kirshner
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030 - CNBC
business

Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030 - CNBC

Target hosted an investor day in New York City and outlined its plans to grow over the next five years after issuing fiscal 2024 fourth quarter earnings.

CNBCGabrielle Fonrouge
Airline stocks tumble amid economic concerns - CNBC
business

Airline stocks tumble amid economic concerns - CNBC

Signs of a weakening consumer have emerged ahead of the peak spring and summer travel season.

CNBCLeslie Josephs
Tesla Stock Dives. The ‘Buyers Strike’ Is a Real Problem for Musk. - Barron's
business

Tesla Stock Dives. The ‘Buyers Strike’ Is a Real Problem for Musk. - Barron's

Barron'sAl Root
El Salvador Bitcoin Accumulation Needs To Stop, IMF Says - Forbes
business

El Salvador Bitcoin Accumulation Needs To Stop, IMF Says - Forbes

The IMF published a new staff country report related to El Salvador in which the fund underscored that El Salvador bitcoin accumulation needs to stop.

ForbesJavier Bastardo
Oil Prices Drop Again. These Stocks Are Getting Hit. - Barron's
business

Oil Prices Drop Again. These Stocks Are Getting Hit. - Barron's

Barron'sCallum Keown
Starbucks poaches Nordstrom CFO as executive shake-up continues - CNBC
business

Starbucks poaches Nordstrom CFO as executive shake-up continues - CNBC

Nordstrom Chief Financial Officer Cathy Smith will join Starbucks, replacing its current CFO Rachel Ruggeri.

CNBCAmelia Lucas
Target CEO warns of price hikes on produce in coming days following Mexico tariffs - New York Post
business

Target CEO warns of price hikes on produce in coming days following Mexico tariffs - New York Post

CEO Brian Cornell said Target relies heavily on Mexican produce during the winter months, and the tariffs could force the company to raise prices.

New York PostAriel Zilber
Taiwan Semiconductor to Invest $100 Billion in U.S. Chip Plants - Barron's
business

Taiwan Semiconductor to Invest $100 Billion in U.S. Chip Plants - Barron's

Barron'sMackenzie Tatananni, Adam Levine
Bitcoin erases all of its gain that followed Trump's crypto reserve announcement - CNBC
business

Bitcoin erases all of its gain that followed Trump's crypto reserve announcement - CNBC

Crypto losses subsided Tuesday afternoon, after a sell-off driven by tariff concerns erased all of its bitcoin's gain from Trump’s crypto reserve announcement.

CNBCTanaya Macheel
Nvidia’s stock is doing things not seen in nearly a decade — and that’s good news - MarketWatch
business

Nvidia’s stock is doing things not seen in nearly a decade — and that’s good news - MarketWatch

A Bernstein analyst looks at several valuation metrics that are near 10-year lows and deems Nvidia’s stock ‘increasingly attractive’

MarketWatchEmily Bary
Defense Stocks Rise Again. Who Wins from Trump’s Freeze on Military Aid to Ukraine. - Barron's
business

Defense Stocks Rise Again. Who Wins from Trump’s Freeze on Military Aid to Ukraine. - Barron's

Barron'sGeorge Glover, Al Root