Nvidia shares pop as CEO may be done selling shares after hitting preset plan limit
Nvidia CEO Jensen Huang is done selling the chipmaker’s stock for the time being, cashing in more than $700 million…
Justice Department accuses Visa of debit network monopoly that affects price of ‘nearly everything’
The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly…
Biden proposes banning Chinese vehicles from U.S. roads with software crackdown
The U.S. Commerce Department on Monday proposed prohibiting key Chinese software and hardware in connected vehicles on American roads due…
The Fed forecasts lowering rates by another half point before the year is out
The Federal Reserve projected lowering interest rates by another half point before the end of 2024, and the central bank…
Justice Department sues over Baltimore bridge collapse and seeks $100 million in cleanup costs
The U.S. Justice Department on Wednesday sued the owner and manager of the cargo ship that caused the Baltimore bridge…
Point72’s Steve Cohen is stepping back from trading his own book
Billionaire investor Steve Cohen is retiring from the trading floor at his hedge fund Point72. The prominent hedge fund investor,…
Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans
Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial…
Biden targets Shein, Temu with new rules to curb alleged ‘abuse’ of U.S. trade loophole
The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” of a longstanding…
