Wall Street Declines Amidst Tariff Tensions and Economic Concerns
In a volatile trading session on Tuesday, Wall Street's major indexes experienced a decline following President Donald Trump's announcement of increas...
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Business
Global economy, companies, markets, and financial trends.
U.S. Job Openings Rise to 7.7 Million Amid Mixed Labor Market Signals
The U.S. job market shows signs of resilience with job openings increasing to 7.7 million in January, according to the latest data from the Labor Depa...
Wall Street’s sell-off is slowing as Trump sets to double tariffs on Canadian steel and aluminum
In a significant escalation of trade tensions, President Donald Trump announced on Tuesday that he will double tariffs on steel and aluminum imports f...
Trump's Tesla Purchase: A Show of Support or a Dangerous Association?
In a surprising twist amid falling stock prices and protests against Tesla, former President Donald Trump announced on Tuesday his intention to purcha...
Voters Sour on Both Political Parties, With Democrats Facing Greater Backlash
A recent Emerson College Polling national survey reveals a disturbing trend: voter dissatisfaction with both major political parties is on the rise, w...
Southwest Airlines Ends Free Checked Bag Policy, marking a major shift in customer service dynamics.
In a surprising move, Southwest Airlines announced it will no longer offer free checked bags for most travelers, effective May 28, coinciding with the...
eFinancialCareers Temporarily Blocks Access from Mainland China Amid Privacy Law Concerns
In a strategic move reflecting its commitment to privacy compliance, eFinancialCareers has announced that it will temporarily block all access to its ...
Elon Musk's Political Controversies Lead to Plummeting Tesla Sales
In a concerning trend for Tesla, CEO Elon Musk's increasing political involvement, particularly in right-wing politics, is reportedly alienating poten...
‘Tesla Takedown’ protests are sweeping the U.S. while the electric vehicle company’s share price has tumbled to pre-Election Day lows
In recent days, protests dubbed ‘Tesla Takedown’ have erupted across the United States, coinciding with a significant decline in the stock price of Te...
Elon Musk Claims X Faces Massive Cyberattack Amid Outages
In a striking revelation, Elon Musk, the billionaire owner of X (formerly Twitter), announced that the social media platform was subjected to a substa...
U.S. equity markets have experienced a rough start under President Donald Trump’s second term
The current climate in U.S. equity markets reflects an unsettling trend as investors grapple with significant volatility. Under President Donald Trump...
The Department of Government Efficiency has recommended firing hundreds of government employees — but the team itself is staffing up.
In a surprising twist in federal employment policy, the Department of Government Efficiency (DOGE), led by tech mogul Elon Musk, has proposed cutting ...
Trade Policy Uncertainty Set to Resolve with New Tariffs in April, Says Hassett
In a recent interview with CNBC, Kevin Hassett, the Director of the United States National Economic Council, provided insights into the current state ...
Trump Hints at Possible Recession Amid Economic Transition and Market Volatility
In a striking interview on Fox News' 'Sunday Morning Futures,' President Donald Trump declined to dismiss the possibility of a recession later this ye...
Pro-Palestinian Cyberhacking Group Dark Storm Claims Responsibility for X Cyberattack
In a striking turn of events, the pro-Palestinian hacking group Dark Storm claimed responsibility for a major cyberattack on X (formerly Twitter) earl...
Tesla faces monumental challenges in 2025 as deliveries decline and margins compress
Tesla's downhill trajectory continues into 2025, with a notable 1% decline in vehicle deliveries last year. This downturn marks a critical moment for ...
Delta Air Lines Slashes Profit Estimates Amid Weakened Demand, Shares Plummet
Delta Air Lines made a significant adjustment to its first-quarter profit estimates, cutting them by half on Monday, a move that resulted in a steep 1...
Hudson’s Bay Company Seeks Creditor Protection Amid Financial Turmoil
Hudson’s Bay Company (HBC), the historic Canadian retailer with roots dating back to 1670, has filed for creditor protection, the Canadian equivalent ...
Luigi Zingales Calls for Boycott of Washington Post's Opinion Section Amidst Editorial Changes
Luigi Zingales, a prominent professor at the University of Chicago Booth School of Business, has issued a call to action for guest contributors of the...
Trump says he paused some tariffs to ‘help’ Mexico and Canada to a ‘certain extent’.
In a significant move, President Donald Trump acknowledged during a recent joint address to Congress that he had temporarily paused certain tariffs ai...