business news

GameStop, MicroStrategy shares rise after Ryan Cohen posts photo with Michael Saylor

Traders work underneath GameStop Corp. signage on the floor of the New York Stock Exchange (NYSE) in New York, US,…

5 things to know before the stock market opens Monday

Here are the most important news items that investors need to start their trading day: 1. A bumpy ride Stock…

Trump to announce 25% steel and aluminum tariffs in latest trade escalation

A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024.…

Musk calls to impeach judge whose order blocks DOGE from Treasury systems access

Elon Musk has called to impeach a federal judge in New York, Paul Engelmayer, over an order that temporarily restricts…

Consumer Financial Protection Bureau staff to work remotely, HQ shuttered

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White…

Egypt announces emergency Arab summit after Trump’s Gaza plan infuriates key allies

U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu hold a joint press conference in the East Room at…

Trump’s acting Consumer Financial Protection Bureau chief halts all supervision of companies

Russell Vought, President-elect Donald Trump’s pick to be director of the Office of Management and Budget, arrives for a meeting…

DeepSeek’s AI breakthrough could get global investors interested in China again

DeepSeek’s rise is the catalyst that will prompt global investors to allocate more toward Chinese stocks, even as economic worries…

Trump says he’s firing Kennedy Center board of trustees members and naming himself chairman

President Donald Trump says he is firing members of the board of trustees for the John F. Kennedy Center for…

Trump may boost for big banks due to deregulation, small caps

The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and small cap stocks. In…