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President Donald Trump’s new tariffs on pharmaceutical imports will not apply to countries with negotiated agreements with the US that contain provisions on drugs, according to a White House official.
about 5 hours ago
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How Disney’s Kimmel controversy highlights linear TV’s fragility
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How Disney’s Kimmel controversy highlights linear TV’s fragility
Disney’s fallout over Jimmy Kimmel’s suspension exposed the growing fragility of broadcast TV and renewed calls for the company to shed legacy networks like ABC as it doubles down on streaming.
https://yhoo.it/3IgKlM8
about 7 hours ago
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Homeowners are trading big renovations for smaller projects as economic uncertainty grows
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Homeowners are trading big renovations for smaller projects as economic uncertainty grows
Home improvement stores see contractors and DIYers focusing on cheaper projects instead of major remodels amid tariffs, inflation, and a sluggish housing market.
https://yhoo.it/42bZbdr
about 8 hours ago
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Starbucks set to close stores, slash 900 jobs in restructuring plan
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Starbucks set to close stores, slash 900 jobs in restructuring plan
Starbucks is downsizing its workforce for the second time this year.
https://yhoo.it/4pNBfaA
about 8 hours ago
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Foreign investors are sticking with US stocks amid Trump tariff turmoil
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Foreign investors are sticking with US stocks amid Trump tariff turmoil
Foreign investors now hold about 30% of their US assets in equities — near record highs and well above the 19% long-term average.
https://yhoo.it/3Kgb1gD
about 8 hours ago
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Starbucks' chief technology officer Deb Hall Lefevre resigned without a permanent replacement, according to an internal memo sent to corporate staff. 🥤
about 10 hours ago
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Costco stock sinks after US same-store sales miss forecasts as consumers weigh value push, tariff pressures
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Costco stock sinks after US same-store sales miss forecasts as consumers weigh value push, tariff pressures
Costco's earnings and revenue topped forecasts for its fourth quarter while US same-store sales were slightly below expectations.
https://yhoo.it/3VDjltg
about 10 hours ago
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Sticky inflation reading unlikely to knock Fed off course for more rate cuts
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Sticky inflation reading unlikely to knock Fed off course for more rate cuts
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices are still sticky, but the report isn’t likely to take the central bank off its course for more rate cuts in 2025.
https://yhoo.it/4mH8Ekr
about 10 hours ago
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TikTok’s Chinese parent company, ByteDance, will likely receive 50% of the profit from the platform’s US operation even after it sells majority ownership to American investors as part of a deal orchestrated by President Donald Trump. 📱
about 11 hours ago
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'Don't wait': EV buyers have one last weekend to get the $7,500 tax credit
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'Don't wait': EV buyers have one last weekend to get the $7,500 tax credit
Buyers in the US looking to take advantage of the federal EV tax credit have one last weekend to hunt for a good deal.
https://yhoo.it/4npCeMs
about 12 hours ago
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The Federal Reserve’s favored inflation gauge, personal consumption expenditures (PCE) price index was up 2.7% in August from a year earlier, a tick higher from a 2.6% year-over-year increase in July and most since February.
about 13 hours ago
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President Trump announced new tariffs on pharmaceuticals, heavy trucks, and furniture, including a 100% duty on patented drugs, unless the producer is building a manufacturing plant in the US.
finance.yahoo.com/news/live/tr...
about 13 hours ago
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Intel's comeback is fueled by the promise of more deals
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Intel's comeback is fueled by the promise of more deals
Investors are flocking toward a succession of monumental deals and the potential for more to come.
https://yhoo.it/4nP2BLo
about 16 hours ago
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Why government shutdown odds are spiking: Both parties see some upside
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Why government shutdown odds are spiking: Both parties see some upside
The growing sense in Washington is that this latest government funding fight is shaping up differently than past showdowns. The reason: Both parties are OK with it.
https://yhoo.it/4nfZs7A
about 18 hours ago
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Goldman CEO on Trump's call for semiannual earnings reports: 'I didn't know it was something I needed to think about'
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Goldman CEO on Trump's call for semiannual earnings reports: 'I didn't know it was something I needed to think about'
Goldman Sachs CEO David Solomon said he hasn't landed on a firm view about whether US public companies, including his own, should shift to reporting earnings half as often as the current standard.
https://yhoo.it/46Upl74
1 day ago
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Trump signs TikTok deal. How exactly it will work is still unknown.
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Trump signs TikTok deal. How exactly it will work is still unknown.
Three milestones in the months ahead will determine how smoothly China might be able to spin off TikTok.
https://yhoo.it/46V2yIn
1 day ago
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'Security from what?': The unanswered questions as Trump's TikTok deal is signed
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'Security from what?': The unanswered questions as Trump's TikTok deal is signed
Three milestones in the months ahead will determine how smoothly China might be able to spin off TikTok.
https://yhoo.it/42eYmAx
1 day ago
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Cook warns Supreme Court that siding with Trump on Fed firing risks 'chaos and disruption' for markets
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Cook warns Supreme Court that siding with Trump on Fed firing risks 'chaos and disruption' for markets
Federal Reserve governor Lisa Cook urged the Supreme Court Thursday to reject President Trump’s effort to fire her, arguing it would harm central bank independence and disrupt financial markets.
https://yhoo.it/4nLAbBZ
1 day ago
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President Trump has signed an executive order approving a spin-off of US TikTok operations.
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1 day ago
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Falling mortgage rates haven’t lifted home sales much yet
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Falling mortgage rates haven’t lifted home sales much yet
Lower mortgage rates may bring a more active fall, but new data shows that home sales have stayed weak so far.
https://yhoo.it/3VD9bbZ
1 day ago
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Tesla stock drops after Europe sales collapse over 20% in August
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Tesla stock drops after Europe sales collapse over 20% in August
The pain across the pond in Europe is growing for Tesla.
https://yhoo.it/3KmmFGD
1 day ago
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CoreWeave strikes $6.5 billion deal with OpenAI to power next-gen AI models
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CoreWeave strikes $6.5 billion deal with OpenAI to power next-gen AI models
CoreWeave holds flat on news of a $6.5 billion deal with OpenAI.
https://yhoo.it/42HjSy0
1 day ago
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Charles Schwab CEO: Don't try to time the market
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Charles Schwab CEO: Don't try to time the market
Charles Schwab CEO Rick Wurster says investors are "happy" but cautious as Big Tech powers stocks to new highs
https://yhoo.it/46ICPli
1 day ago
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Citi projects $1.9 trillion stablecoin boom by 2030
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Citi projects $1.9 trillion stablecoin boom by 2030
The bank says blockchain's "ChatGPT" moment is here, but not everyone is convinced
https://yhoo.it/4nNQBK6
1 day ago
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Bitcoin falls below $112,000 as 'cautious tone' sweeps over market
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Bitcoin falls below $112,000 as 'cautious tone' sweeps over market
Bitcoin, ether and other cryptocurrencies are having a rough week.
https://yhoo.it/4pAQsLP
1 day ago
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How much money do you need to retire? Expert reveals the truth.
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How much money do you need to retire? Expert reveals the truth.
Jean Chatzky debunks myths and shares strategies for building a retirement plan that actually works.
https://yhoo.it/4nmHFvH
1 day ago
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Mortgage rates move higher despite Fed rate cut
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Mortgage rates move higher despite Fed rate cut
Mortgage rates rose slightly after the Federal Reserve cut rates last week, mirroring a similar move last year. The average is currently 6.3%.
https://yhoo.it/46nklrC
1 day ago
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Starbucks announces plans to cut another 900 jobs and close more stores as its turnaround struggles continue
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Starbucks announces plans to cut another 900 jobs and close more stores as its turnaround struggles continue
Starbucks is downsizing its workforce for the second time this year.
https://yhoo.it/3WdN0sZ
1 day ago
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Trump's White House asks federal agencies to consider mass firings if government shutdown happens
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Trump's White House asks federal agencies to consider mass firings if government shutdown happens
The White House circulated a directive late Wednesday asking federal agencies to explore firing some government workers if lawmakers remain gridlocked over a shutdown.
https://yhoo.it/3IveF5K
1 day ago
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Fed rate divide deepens as policymakers disagree about more cuts
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Fed rate divide deepens as policymakers disagree about more cuts
The rate debate inside the Federal Reserve is intensifying as policy makers go public with their views about the path ahead.
https://yhoo.it/3Vwz0uj
1 day ago
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Initial claims for state unemployment benefits dropped 14,000 to a seasonally adjusted 218,000 for the week ended September 20, the Labor Department said. Economists polled by Reuters had forecast 235,000 claims for the latest week.
1 day ago
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Student loan borrowers facing wage garnishment are willing to put off credit card payments
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Student loan borrowers facing wage garnishment are willing to put off credit card payments
Student loan borrowers facing wage garnishment intend to put student loan payments ahead of bills for credit cards and personal loans, a TransUnion survey shows.
https://yhoo.it/4h02UBb
1 day ago
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Stock market frothiness might just be a new normal
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Stock market frothiness might just be a new normal
Historical parallels suggest Wall Street is teetering on the edge, but the S&P 500 trades like it’s the new risk-free rate.
https://yhoo.it/3IfBHNV
1 day ago
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'Security from what?': The unanswered questions about how Trump's TikTok deal will work
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'Security from what?': The unanswered questions about how Trump's TikTok deal will work
Three milestones in the months ahead will determine how smoothly China might be able to spin off TikTok.
https://yhoo.it/48vikeb
1 day ago
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Alibaba stock soars 8% on expected AI spend, Nvidia pact
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Alibaba stock soars 8% on expected AI spend, Nvidia pact
Alibaba stock surged to its highest level in nearly four years as the company said it would spend more on AI than it previously anticipated.
https://yhoo.it/4265v6f
2 days ago
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Costco earnings: Company expected to report US sales rose 6.1% as consumers weigh value push, tariff pressures
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Costco earnings: Company expected to report US sales rose 6.1% as consumers weigh value push, tariff pressures
Consumers are seeking out value, and Wall Street thinks that may have benefited Costco yet again.
https://yhoo.it/46owjkQ
2 days ago
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Lithium Americas stock soars 95% on news of potential government stake
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Lithium Americas stock soars 95% on news of potential government stake
Lithium Americas stock soared after news that the Trump administration is seeking a stake of up to 10% in the miner.
https://yhoo.it/46mapP5
2 days ago
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Nvidia stock is still getting plenty of love: Opening Bid stock of the day
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Nvidia stock is still getting plenty of love: Opening Bid stock of the day
The Nvidia bulls remain faithful.
https://yhoo.it/4gCy4Oy
2 days ago
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How the AI boom could unleash billions for some of America's biggest retailers
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How the AI boom could unleash billions for some of America's biggest retailers
Morgan Stanley estimates AI could save retailers an estimated $6 billion, but analysts caution that the technology alone won't save chronic industry problems.
https://yhoo.it/4gJ5Odg
2 days ago
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Bessent widens scope for next Fed chair as he looks for someone with 'open mind'
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Bessent widens scope for next Fed chair as he looks for someone with 'open mind'
Treasury Secretary Scott Bessent said Wednesday the Trump administration is looking for someone with an 'open mind' to be the next chair of the Federal Reserve as he interviews 11 candidates to replace Jerome Powell.
https://yhoo.it/4pT3wfU
2 days ago
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Alibaba stock soars on expected AI spend, Nvidia pact
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Alibaba stock soars on expected AI spend, Nvidia pact
Alibaba stock surged to its highest level in nearly four years as the company said it would spend more on AI than it previously anticipated.
https://yhoo.it/4gAQbV0
2 days ago
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European buyers now prefer Chinese cars over American autos: Study
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European buyers now prefer Chinese cars over American autos: Study
President Trump's trade war is doing reputational damage to the US in surprising ways, at least when it comes to the auto sector.
https://yhoo.it/42bKBTj
2 days ago
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Lithium Americas stock soars 90% on news of potential government stake
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Lithium Americas stock soars 90% on news of potential government stake
Lithium Americas stock soared after news that the Trump administration is seeking a stake of up to 10% in the miner.
https://yhoo.it/42vB5uv
2 days ago
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JPMorgan Chase CEO Jamie Dimon said the country’s largest bank will "be engaging with stakeholders and policymakers" on the Trump administration's recent executive order adding a $100,000 fee to a widely used foreign worker program, known as the H-1B visa.
finance.yahoo.com/news/jamie-d...
3 days ago
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The Fed's unity is already fraying: Morning Brief
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The Fed's unity is already fraying: Morning Brief
The path to the next interest rate decision is littered with points of contention.
https://yhoo.it/4mvaNzi
3 days ago
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Big Tech's AI ambitions are straining the US power grid. Natural gas might be its answer.
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Big Tech's AI ambitions are straining the US power grid. Natural gas might be its answer.
Natural gas looks set for a demand boom as AI developers turn to off-grid power to avoid long delays.
https://yhoo.it/4npypqG
3 days ago
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Robinhood CIO says investors should watch Opendoor and Better Home stocks carefully
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Robinhood CIO says investors should watch Opendoor and Better Home stocks carefully
Robinhood CIO Stephanie Guild says investors should make it a point to "understand" Opendoor and Better Home.
https://yhoo.it/42G8qmh
3 days ago
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Micron's Q4 earnings surpass Wall Street's expectations in latest test of AI trade
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Micron's Q4 earnings surpass Wall Street's expectations in latest test of AI trade
Micron's fourth quarter results surpassed Wall Street analysts' projections on the top and bottom lines.
https://yhoo.it/3IBzM6d
3 days ago
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Volvo stock jumps on expanded US production, new hybrid model to counter tariffs
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Volvo stock jumps on expanded US production, new hybrid model to counter tariffs
Sweden’s Volvo Cars is expanding production at its US plant in a move to localize production, deflect tariffs, and build more cars that appeal to buyers in one of its biggest markets.
https://yhoo.it/4gAWIPA
3 days ago
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"It's just gotten tough for people just entering the labor force to be hired," Federal Reserve Chair Jerome Powell says.
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3 days ago
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