Daily News Explorer
You Can No Longer Buy Paper Inflation Bonds With Your Tax Refund
Jan 31, 2025, 9:00 AM
The Treasury Department has also eliminated the option of buying as much as $5,000 in extra inflation bonds, beyond the $10,000 annual limit.
Canada 'will stand up to a bully', says Mark Carney
Jan 31, 2025, 8:52 PM
The prime ministerial candidate responds to Donald Trump imposing 25% tariffs on Canada.
Trump Moves to Invalidate Recent Labor Agreements With Federal Workers
Jan 31, 2025, 8:05 PM
The order is aimed at “last-minute, lame-duck” agreements signed by the Biden administration, a White House memo says.
What to Know About Collision Avoidance Systems on Planes
Jan 31, 2025, 4:23 PM
Commercial planes have technology that helps prevent crashes — but it has limitations, which was highlighted by the accident in Washington.
Trump tariffs and China: Businesses brace for impact
Jan 31, 2025, 6:08 PM
Trump has threatened a 10% levy from 1 February - but his campaign included 60% tariffs against Chinese imports.
Sainsbury's and Morrisons run 'prohibited' tobacco advertising
Jan 31, 2025, 7:51 PM
Trading Standards says adverts for heated tobacco products are banned, but some supermarkets disagree.
How the D.C. Plane Crash Shattered Wichita’s Big Dreams of Skating and Flight
Jan 31, 2025, 7:42 PM
The city had tried for years to host the U.S. Figure Skating Championships, and to get a direct flight to the northeast.
Energy bills: 'My £5,700 charge was cancelled because supplier broke rules'
Jan 31, 2025, 7:42 PM
Thousands of people have received energy bills that are older than 12 months, despite it being against regulator rules.
Reagan Airport Had a Number of Close Calls in Recent Years
Jan 31, 2025, 7:28 PM
Internal government reports and public databases highlight several instances in which planes narrowly escaped collisions with each other or helicopters.
285 of 313 Air Traffic Control Facilities Are Understaffed
Jan 31, 2025, 6:44 PM
Persistent staff shortages have raised safety concerns. At many facilities, staffing is so low that at least a quarter of the work force is missing.
2 charts show why markets are skittish about Trump's tariff policy
Jan 31, 2025, 9:43 AM
A wide range of tariff outcomes presents uncertainty for investors.
LARRY KUDLOW: Trump tells Mexico and Canada – America First!
Jan 31, 2025, 6:11 PM
Trump confirms new 25% tariffs on Canada and Mexico. Markets and the Federal Reserve are in panic mode, but they're wrong.
F.A.A. Restricts Helicopter Flights in Reagan National Airspace
Jan 31, 2025, 5:14 PM
The agency’s decision, made shortly after Wednesday’s deadly collision, was framed by the transportation secretary as an important step toward enhancing safety.
Trump Will Hit Mexico, Canada and China With Tariffs
Jan 31, 2025, 10:04 AM
The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.
CBS to Hand Over Transcript of Kamala Harris’s ‘60 Minutes’ Interview to FCC
Jan 31, 2025, 4:16 PM
The broadcaster had declined previous requests by the Trump campaign to release the unedited transcript of an interview with Vice President Kamala Harris.
Once a Trump Foil, Warren Seeks Collaboration on Policy
Jan 31, 2025, 1:32 PM
As Democrats reel from defeat, Senator Elizabeth Warren, the Massachusetts progressive, preaches focus and accountability.
The Fed Is Sitting on the Sidelines, but for How Long?
Jan 31, 2025, 9:00 AM
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our columnist says.
How oil emerged as a central sticking point in the Trump tariff talks
Jan 31, 2025, 2:21 PM
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.
Stock market today: Dow, S&P 500, Nasdaq stumble as Trump recommits to sweeping tariffs on Saturday
Jan 31, 2025, 4:06 PM
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Here's how tariffs on Canada, China and Mexico may impact U.S. consumers
Jan 31, 2025, 3:57 PM
The Trump administration is imposing tariffs on the three nations starting on Saturday, the White House said.
Trump's AI czar flags report questioning DeepSeek's cost of developing AI models
Jan 31, 2025, 3:25 PM
Trump administration artificial intelligence czar David Sacks flagged a report indicating that DeepSeek's costs for developing its AI models were much higher than the widely reported figure.
Trump tariffs take effect Saturday: What to know
Jan 31, 2025, 3:05 PM
President Trump's plans to implement tariffs on China, Mexico and Canada will take effect on Feb. 1, the White House said. Here's what you need to know about the levies.
Trump admin files first antitrust action to block tech deal
Jan 31, 2025, 3:12 PM
The Department of Justice filed the first antitrust lawsuit of the new Trump administration, with regulators looking to block Hewlett Packard Enterprise from acquiring Juniper
Markets (and the world) on edge as Trump’s tariff deadline approaches
Jan 31, 2025, 2:05 PM
Donald Trump's self-imposed deadline for a first round of tariffs on Canada, Mexico, and China looms as economic observers and world leaders try to plan amid the uncertainty.
S&P 500 gives up gain, Dow falls as White House says tariffs starting Saturday: Live updates
Jan 30, 2025, 6:01 PM
Stocks pulled back on Friday as investors digested news that Trump tariffs on Canada, Mexico and China would begin on Saturday.
US reportedly investigating whether China's DeepSeek used restricted AI chips
Jan 31, 2025, 12:55 PM
The Commerce Department has launched a probe into whether Chinese artificial intelligence startup DeepSeek obtained restricted Nvidia chips through Singapore, reports say.
How oil emerged as a central sticking point in the Trump tariff talks
Jan 31, 2025, 2:21 PM
The market anxiety ahead of Donald Trump's tariffs deadline focused Friday on oil and gas after the president acknowledged there could be issues including the energy staple in his overall plans.
New inflation reading reinforces Fed's go-slow strategy
Jan 31, 2025, 10:43 AM
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, likely reinforcing a wait-and-see approach from the central bank.
Trump 2.0 will test how voters measure prosperity
Jan 31, 2025, 12:03 PM
Trump is testing how much radicalism, disorder, and lawlessness voters will tolerate. His potential successors should be taking detailed notes.
Former Trafigura executive Mike Wainwright convicted in bribery case
Jan 31, 2025, 11:34 AM
The commodities giant went on trial in Switzerland over attempts to gain access to Angola's oil market.
AstraZeneca ditches £450m investment in UK plant
Jan 31, 2025, 10:39 AM
The drugs giant blames "protracted" talks with the government as well as differences over funding.
'Better than feared': Apple’s earnings beat appeases Wall Street despite iPhone sales miss
Jan 31, 2025, 9:53 AM
Wall Street analysts appeared to breathe a sigh of relief after Apple's first quarter earnings modestly beat analysts’ forecasts and the company’s explanation of falling iPhone sales in China eased their anxieties.
Barclays hit by major IT outage on tax deadline day
Jan 31, 2025, 9:42 AM
Online banking, the bank's app and payments in and out of accounts are all affected.
Egg prices aren't coming down anytime soon, experts say
Jan 31, 2025, 9:00 AM
Elevated egg prices are expected to persist throughout the year as flocks continue to get hit with highly pathogenic avian influenza, otherwise known as bird flu.
Inflation gauge favored by Fed showed price growth picked up in December
Jan 31, 2025, 8:34 AM
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in line with economists' expectations.
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Jan 31, 2025, 8:40 AM
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.
PCE: Fed's preferred inflation gauge meets expectations in December
Jan 31, 2025, 9:09 AM
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate-cutting cycle.
'Tourists' who invaded utilities have gotten a wild ride: Morning Brief
Jan 31, 2025, 6:00 AM
Power companies' stocks have been flying of late, tethered to the AI promise — and its lofty power needs. But this week's shake-up with DeepSeek corrected some of this enthusiasm, taking the sector's new "tourists" for a ride.
Tesla investors express skepticism as Elon Musk promises robotaxis in Austin in June
Jan 31, 2025, 6:00 AM
Elon Musk claimed this week that Tesla robotaxis will hit the roads this summer; however, skepticism from industry experts and analysts is high.
Stock market today: Dow, S&P 500 fall and Nasdaq give up gains as Trump moves ahead on tariffs
Jan 31, 2025, 3:30 PM
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Apple earnings top Wall Street forecasts while iPhone, China sales fall short
Jan 31, 2025, 9:30 AM
Apple reported its Q1 2025 earnings after the bell Thursday, beating on expectations, but falling short on iPhone sales.
Why There’s Nowhere to Hide From Trump’s Tariffs
Jan 31, 2025, 7:14 AM
President Trump’s long-promised trade war could start as soon as Saturday, leaving companies scrambling for a workaround for their global supply chains.
Is Chancellor Rachel Reeves abandoning north-east England?
Jan 31, 2025, 6:54 AM
The chancellor announces projects in England's south as infrastructure in the North East crumbles.
Trump Tariffs Could Hurt Oil Companies and Raise Gas Prices
Jan 31, 2025, 6:42 AM
Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25% tariffs on products from Canada and Mexico.
Trump tariff threats on Canadian oil could impact three US regions, gas analyst says
Jan 31, 2025, 6:00 AM
Patrick De Haan, head of petroleum analysis at GasBuddy, warned Americans in the Midwest, the Rockies and the Great Lakes regions may be most affected by tariffs on Canada.
Tax tip: Don't file until you get all necessary documents
Jan 31, 2025, 6:00 AM
Tax filing season is officially underway and taxpayers should be on the lookout for W-2 and 1099 forms, among other tax-related documents to ensure they have them before filing.
Rachel Reeves: 'Iron Chancellor' needs flexibility to get growth
Jan 31, 2025, 6:00 AM
In choppy global seas, going for growth is going to require some tricky navigation - and it will make big domestic political waves too
High Inflation and New Tariffs Will Make the Fed’s Job Tougher
Jan 31, 2025, 5:03 AM
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
Novo Nordisk Shares Have a Long Road Back from 40% Slump
Jan 31, 2025, 6:37 AM
(Bloomberg) -- Novo Nordisk A/S investors got a much-needed boost from last week’s trial results for an experimental weight-loss shot. But there’s still a long way to go to claw back the declines of the past six months.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Th
High Stakes for Global Companies in Trump’s Latest Tariff Threats
Jan 31, 2025, 5:01 AM
Manufacturers from Asia, Europe and elsewhere have poured billions into North American supply chains that could be hit by new taxes on Mexico, Canada and China.
Tesla and Chinese Carmakers Could Reap Billions From EU Emissions Rules
Jan 31, 2025, 12:01 AM
European carmakers are urging Brussels to ease regulations to help them avoid buying carbon credits from rivals in increasingly large amounts.
Five market signals flashing red amid DeepSeek sell-off
Jan 31, 2025, 1:41 AM
In a week when AI chipmaker Nvidia suffered the biggest one-day loss of value on record and the Federal Reserve said it was in no hurry to cut rates again, a few gauges underscore markets' vulnerability to big swings. Investors and analysts said the sell-off in tech stocks this week, driven by the popularity of China's DeepSeek AI model, highlights the market ructions that can occur when heavy speculation meets unexpected bad news. Despite Monday's ructions investors remain bullish about U.S. tech and President Donald Trump's plans for tax cuts and deregulation, heightening risks of market gyrations if this widespread consensus proves wrong.
Stock Futures Remain Higher on In-Line Inflation: Markets Wrap
Jan 31, 2025, 8:34 AM
(Bloomberg) -- Stock futures remained higher after the Federal Reserve’s preferred inflation gauge came in line with estimates.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials S&P 500 contracts rose 0.4%. The yield on 10-year Treasuries was li