business News

Upcoming Kia EV1 Will Be Even Smaller And More Affordable - InsideEVs

It will be the electric equivalent of the Kia Picanto, the popular subcompact hatchback available in Europe.

Column | Consumers need the CFPB. Remember the Great Recession? - The Washington Post

The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.

As Tesla stock plunges, burning questions surround Elon Musk - TheStreet

Problems both at home and abroad continue to push shares down.

1 Artificial Intelligence (AI) Stock That Could Be Bigger Than Nvidia in 5 Years - The Motley Fool

Stock futures rise ahead of key inflation report: Live updates - CNBC

The three major indexes are on track to end the week and month lower.

Super Micro Stock Is Dropping. Goldman Sachs Warns of These SMCI Risks. - Barron's

Tesla Stock Is On Pace for 2nd Worst Month Ever. Why Musk Is a Concern. - Barron's

Citigroup mistakenly credited a customer account with $81 trillion - CNN

Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s operational issues it has sought to fix, the Financial Times first reported on Friday.

Bitcoin Drops to $81,000 as Crypto-Tied Stocks Fall - Investopedia

Cryptocurrency-linked stocks are paring some of their losses but still broadly declining in Friday intraday trade, with bitcoin trading around $81,000—more than a quarter off its January peak.

North Korea’s $1.5 Billion Heist Puts the Crypto World on Notice - Bloomberg

As news started spreading about a massive hack on crypto exchange Bybit last Friday, cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase.

Nvidia Stock Rises Slightly After Tech Stumble. What Analysts Are Saying. - Barron's

Republicans start to sweat as Trump takes ownership of US economy - Semafor

The party is conscious of the strain tariffs and federal layoffs would add to sagging consumer sentiment and a slowing labor market.

6 big companies ditching DEI — and 6 that are sticking with it - Quartz

From Target to Disney, companies are rolling back their diversity programs. But Apple, Costco, and others are holding firm

Consumers, companies brace for Trump tariff fallout - POLITICO

Americans are growing more pessimistic about the economy as they absorb the prospect for further increases in their cost of living.

Stock market today: World shares skid, hit by Trump tariff hikes and doubts about AI - The Associated Press

Wall Street is drifting toward the close of its worst month since April following an economic report highlighting both encouraging and discouraging trends. The S&P 500 slipped 0.1% Friday. The Dow Jones Industrial Average added 51points, and the Nasdaq compos…

Del Taco closes all but one of its Colorado locations - Restaurant Business Online

The franchisee of the Mexican fast-food chain’s 18 locations in Denver and Colorado Springs closed locations following a bankruptcy and a dispute with the franchisor.

Bitcoin Set for Worst Month Since June 2022, Worst Week Since November That Year - CoinDesk

This year's average purchase price is around $97,880, leaving investors facing an almost 20% unrealized loss at current prices.

10-year Treasury yield falls further after inflation data comes in as expected - CNBC

U.S. Treasury yields were lower and prices higher on Friday as investors weighed new inflation data.

Shopping blackout: Economic protest Friday targets major retailers from Amazon to Walmart - Axios

The People's Union USA, started by John Schwarz, is organizing the nationwide economic blackout.

CNBC Daily Open: Markets rocked as Nvidia slumps and Trump confirms tariffs - CNBC

Nvidia shares plummeted 8.5%, weighing down the Nasdaq Composite, just as Trump reaffirmed that tariffs would go ahead.