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Canada hits China-made electric cars with 100% tariff
Aug 26, 2024, 9:44 PM
The move comes after similar announcements, including in the US and European Union.
Have Swiss scientists made a chocolate breakthrough?
Aug 26, 2024, 8:55 PM
The whole of the cocoa fruit is used in production, rather than just the beans.
Edgar Bronfman Jr. Drops Pursuit of Paramount
Aug 26, 2024, 8:54 PM
Mr. Bronfman had frantically put a bid together over the last week even as Paramount raised questions about his financing.
Some tech giants see California AI bill as threat to innovation
Aug 26, 2024, 5:42 PM
A controversial AI regulation bill is sparking a fierce debate in Silicon Valley. California legislatures will vote on SB 1047 this week. If passed, it would broadly regulate how AI is deployed and developed.
Newman: Trump and Harris are both threatening more inflation
Aug 26, 2024, 5:58 PM
Tariffs, deportations, price controls, home buyer subsidies: What they have in common is strong inflationary pressure.
Rudy Franchi, Who Put Movies at the Center of a Technicolor Life, Dies at 85
Aug 26, 2024, 6:46 PM
He brought French classics to New York, published a film magazine, worked as a Hollywood publicist and, as seen on “Antiques Roadshow,” thrived selling vintage film posters and other ephemera.
Kroger and Albertsons Confront a Skeptical F.T.C. in federal court
Aug 26, 2024, 5:30 PM
The Federal Trade Commission, which is trying to block Kroger’s plan to acquire Albertsons, said in court that the merger of grocery giants would also hurt workers’ pay and benefits.
Rothschild plans to shut Chicago office, move staff to New York
Aug 26, 2024, 2:33 PM
(Bloomberg) -- Rothschild & Co. plans to shut its Chicago office as the French firm shrinks its North American footprint, according to people with knowledge of the matter.Most Read from BloombergSydney Central Train Station Is Now an Architectural DestinationNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Cortiços of São Paulo Helped Shelter South America’s Largest CityWith Housing Costs High, Democrats Hone YIMBY
'Making Money' host Charles Payne responds to economists who are trying to put a positive spin on illegal immigration.
Dow closes at record high, S&P 500, Nasdaq slide as tech lags
Aug 26, 2024, 4:14 PM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
Dow closes at record high, S&P 500, Nasdaq slide as tech lags
Aug 26, 2024, 4:01 PM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
S&P 500, Nasdaq slump as tech lags, Nvidia shares slip
Aug 26, 2024, 3:21 PM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
Follow all the action in financial markets on Monday.
How Pavel Durov, Telegram’s Founder, Went From Russia’s Mark Zuckerberg to Wanted Man
Aug 26, 2024, 2:46 PM
Pavel Durov’s anti-establishment streak helped him create one of the world’s biggest online platforms, which emphasizes free speech. It also put a target on his back.
Another New Leader for Indianapolis Museum Roiled by Racism Outcry
Aug 26, 2024, 2:23 PM
Le Monte Booker will be the institution’s third leader in four years. The previous president and chief executive left last year after just over a year on the job.
Ikea trials resale website to rival eBay and Gumtree
Aug 26, 2024, 1:32 PM
Ikea Preowned launches in Oslo and Madrid, with a global rollout expected by the end of the year.
Nvidia to report Q2 earnings Wednesday in major test for AI trade
Aug 26, 2024, 1:19 PM
Nvidia reported its highly anticipated Q2 earnings after the bell on Wednesday, beating expectations on the top and bottom lines.
UBS managing director and senior portfolio manager Jason Katz joins 'Varney & Co.' to discuss the latest stock market analysis.
A case was opened last month to investigate child pornography, drug sales, fraud and other criminal activities on the platform. The app’s founder, Pavel Durov, was detained over the weekend near Paris.
Stock market today: S&P 500, Nasdaq slump as Nvidia struggles ahead of earnings
Aug 26, 2024, 12:02 PM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
Uber Fined $324 Million by Dutch Watchdog Over Driver Data Protection
Aug 26, 2024, 12:02 PM
The authorities in the Netherlands said the ride-hailing company had violated European data protection laws when it sent sensitive information to the United States.
Canada Will Impose 100% Tariffs on Chinese Electric Vehicles
Aug 26, 2024, 11:37 AM
The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.
Why Plastic Water Bottles May Not Contain as Much Recycled Plastic as Advertised
Aug 26, 2024, 11:43 AM
A green accounting method called “mass balance” certifies that something was manufactured with recycled plastic — just not necessarily much of the bottle making the claim.
'Varney & Co.' Stuart Varney argues Kamala Harris is deliberately ignoring the impact of massive government spending on inflation.
Dow jumps 200 pts, Nasdaq slumps as Nvidia struggles
Aug 26, 2024, 10:54 AM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
First Trust Advisors L.P. chief economist Brian Wesbury discusses the potential impact of Kamala Harris' $25K tax credit proposal, the Fed's expected interest rate cut and mortgage rates taking a dip amid persistent inflation.
Big banks take gloves off to confront their D.C. overseers
Aug 26, 2024, 5:04 AM
Big banks are getting more aggressive with their regulators in a highly charged election year — a sharp contrast to the harsh political scrutiny they received in the aftermath of the 2008 financial crisis.
Payne Capital Management President Ryan Payne analyzes Nvidia and explains why investors might want to avoid the Magnificent Seven stocks on 'Varney & Co.'
Big Tech companies are striking major power-generation deals as they attempt to balance AI energy needs and sustainability goals.
Canada to put 100% tariff on China EV imports like Tesla's
Aug 26, 2024, 8:38 AM
Canada announced Monday it is launching a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. tariffs imposed over what Western governments say are China's subsidies that give its industry an unfair advantage. The announcement came after encouragement by U.S. national security advisor Jake Sullivan during a meeting with Canadian Prime Minister Justin Trudeau and Cabinet ministers Sunday. Sullivan is making his first visit to Beijing on Tuesday.
Dow leads, Nasdaq lags at open amid rate-cut rethink
Aug 26, 2024, 9:36 AM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
Circle Squared Alternative Investments founder Jeff Sica explains why Nvidia's earnings report is the most important market event of the year on 'Varney & Co.'
US stock futures diverge as investors weigh rate-cut path
Aug 26, 2024, 9:02 AM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
Nippon Steel’s $15 Billion U.S. Steel Takeover Bid Is in Peril
Aug 26, 2024, 12:01 AM
The proposed merger of Japanese and American industrial giants, which proponents say would benefit both countries, is ensnared by political and labor opposition.
Defence firms 'need reassuring' that big orders will be long-term
Aug 26, 2024, 2:21 AM
Western military production has ramped up due to Ukraine, but will it continue after the war ends?
SpaceX Polaris Dawn Mission: Why a Billionaire Is Risking a Spacewalk
Aug 26, 2024, 2:58 AM
Jared Isaacman is leading three other privately trained astronauts on a SpaceX vehicle for Polaris Dawn, a mission that will include a daring spacewalk.
A Trial Asks: If Grocery Rivals Merge, Do Workers Suffer?
Aug 26, 2024, 3:00 AM
As Kroger seeks to acquire Albertsons, federal regulators argue that the biggest supermarket combination in history will hurt not only consumers, but workers as well.
Stocks hit pause as Mideast tensions dampen bullish mood
Aug 26, 2024, 8:35 AM
(Bloomberg) -- Some of the world’s largest technology companies dragged down stocks after a rally that put the market on the brink of its all-time highs, with Nvidia Corp.’s earnings due in just a few days.Most Read from BloombergDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsIntergenerational Housing Could Help Older Adults Combat LonelinessAs Rural Hospitals Shutter Maternity Wards, Urban Ones FollowA Loud Warning
Stock futures little changed after Fed signals rate cuts are imminent
Aug 25, 2024, 6:04 PM
The Dow rallied to a new record high after a winning week for stocks.
Uber fined £246m for personal data transfer
Aug 26, 2024, 5:52 AM
The Dutch watchdog said the transfers were a "serious violation" of EU data protection regulation.
Din Tai Fung to Close China Outlets Amid Weak Consumer Spending
Aug 26, 2024, 5:56 AM
Taiwanese dumpling chain Din Tai Fung will close more than a dozen stores in mainland China, a market that’s seen a brutal price war among restaurants to lure increasingly frugal Chinese consumers.
Norway’s Wealth Fund Marks €900 Million for CIP Renewables Fund
Aug 26, 2024, 6:15 AM
Norway’s $1.7 trillion sovereign wealth fund committed to invest €900 million ($1 billion) in Copenhagen Infrastructure Partners’ fifth flagship fund, the first time it will take an indirect stake for its unlisted renewable energy infrastructure portfolio.
Qantas sells cut-price first-class fares by mistake
Aug 26, 2024, 6:24 AM
The airline said it will refund or rebook passengers who bought wrongly-priced tickets due to a coding error.
Who is Pavel Durov and what is Telegram?
Aug 26, 2024, 6:55 AM
Telegram is one of the world's most popular apps where groups of up to 200,000 users can exchange messages.
US stocks gear up for more Fed-fueled gains
Aug 26, 2024, 7:19 AM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
Nvidia earnings to put stocks' rebound to the test
Aug 26, 2024, 4:50 AM
A highly anticipated earnings release from Nvidia is expected to have implications for investor sentiment across the broader market in the week ahead.
Gatestone Institute senior fellow Gordon Chang weighs in on China's clash with the Philippines in the South China Sea, Tim Walz's ties to the CCP and NSA Jake Sullivan's expected trip to the country.
Stock market today: US futures edge up as rate-cut hopes shift, with Nvidia on horizon
Aug 26, 2024, 7:19 AM
The Dow Jones Industrial Average notched a fresh record high while the other two major averages declined as tech stocks fell.
US Futures Waver as Investors Assess Rate Path: Markets Wrap
Aug 25, 2024, 6:33 PM
Some of the world’s largest technology companies dragged down stocks after a rally that put the market on the brink of its all-time highs, with Nvidia Corp.’s earnings due in just a few days.
UBS Wealth Management Senior Vice President Brenda O'Connor Juanas previews the Federal Reserve's rate decision on ‘Mornings with Maria.’
Sen. Marsha Blackburn, R-Tenn., discusses the ongoing Israel war, Kamala Harris' national security adviser and Biden's NSA Jake Sullivan's trip to China.