News - 2025-02-05

Daily News Explorer

U-turn by the former diversity champion comes as major companies face pressure to drop the policies.

Chinese telecommunications and smartphone giant Huawei continues to grow and take market share from Apple, despite U.S. restrictions.

The UK will still be hit even if not directly targeted by Trump's tariff measures.

Global politicians and AI bosses will next week attend a summit to debate the disruptive technology.

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Higher water and energy bills will push up nflation "quite sharply" later this year, the Bank predicts.

Equinor will slash investment in renewable energy while ramping up oil and gas production.

U.S. Treasury Secretary Scott Bessent comments on Elon Musk's influence over the department and outlines key aims of President Donald Trump's economic agenda on "Kudlow."

Americans are deeply concerned about food costs and other living expenses. Why isn't Trump addressing those worries?

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The complete interview, which is at the center of a lawsuit filed by President Trump, shows that “60 Minutes” aired a concise version of Ms. Harris’s answer on Israel.

US stocks were higher amid a backdrop of scattered earnings and the outbreak of a trade war with China.

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President Donald Trump's mission to close the U.S. trade deficit met a greater challenge as America's trade deficit in goods soared to a record $1.2 trillion in 2024.

Donald Trump and the GOP have a surprising new ally in their push to clamp down on 'debanking': Elizabeth Warren.

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Nissan and Honda, both major automakers based in Japan, responded on Wednesday to reports that a potential merger of the two companies could be at risk of being abandoned.

Meta, Microsoft, and Google parent Alphabet are expecting a cumulative $228 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.

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Evelyn de Rothschild left his family bank after an allegation of sexual misconduct, it has emerged

Nvidia stock rallied on Wednesday as its top customers, Big Tech giants like Alphabet, continue to invest more in the AI boom.

US stocks were higher amid a backdrop of scattered earnings and the outbreak of a trade war with China.

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Among an array of pro-Trump personalities and media outlets, the president can do no wrong.

The U.S. Postal Service began to allow inbound mail and packages from China and Hong Kong Posts on Wednesday, less than 24 hours after halting the service.

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Beijing says the US is making "unfounded" claims about its role in the fentanyl trade to justify new tariffs.

Spending power, privacy concerns and conflicts of interest have put the bureau at the center of a political fight.

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The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.

The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.

The reversal reflects the challenge that shipping and delivery companies will face as a result of President Trump’s executive order requiring greater inspection of packages.

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Two of Japan’s largest automakers have been in talks to combine their operations to form one of the world’s biggest car groups.

US stocks pulled back against a backdrop of mixed earnings and the outbreak of a trade war with China.

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After the space agency canceled its VIPER rover, an empty space was available on a private spacecraft that will still head to the lunar surface.

A strong dollar helped drive an uptick in U.S. imports last year, while export growth remained modest.

A news report says that Beijing is weighing an inquiry into the iPhone maker, underscoring Chinas options in fighting against President Trump’s tariff threat.

Companies in the private sector added 183,000 jobs in January, payroll processing firm ADP said on Wednesday. The figure is above economists’ estimates of 150,000 jobs.

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The FTC is issuing nearly $2.4 million in refunds to customers who bought products from Fashion Nova before November 21, 2019, saying the company hid negative reviews.

A Singapore-owned company was awarded the automated tolling contract for the New Jersey Turnpike, and its ties to the Chinese government and communist party are raising alarms.

Restaurants are being forced to up their prices as ongoing outbreaks of highly pathogenic avian influenza (HPAI) -- or bird flu -- continues to limit supplies.

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Tech stocks have been volatile — especially Nvidia, which fell 17% after DeepSeek spooked investors. But many of them actually bought the dip, continuing the trend that's emerged since the pandemic.

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Corporate earnings and economic data continue to support the path higher for stocks in 2025.

Peers Goldman Sachs and Wells Fargo continue to expect two interest rate cuts this year. President Trump's tariff policy is expected to drive up inflation and will increase pressure on the U.S. central bank as it looks to control persistent inflationary pressures.

This quintessentially British lodging option offers room and board; the chance to hang out with regulars over pints of beer; and, if you’re lucky, an in-house ghost.

The development comes a day after China announced a wide range of measures targeting U.S. businesses including Google, farm equipment makers and the owner of fashion brand Calvin Klein, minutes after new U.S. tariffs on Chinese goods took effect. The country's State Administration for Market Regulation is reviewing Apple's policies, including its up to 30% commission on in-app purchases and restrictions on external payment services and App Stores, the report said.

(Bloomberg) -- Advanced Micro Devices Inc. tumbled in late trading after giving a disappointing outlook for its data center business, an area where it’s struggling to catch up with AI computing leader Nvidia Corp.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensityTransportation Memos Favor Places With Higher Birth and Marriage RatesWhen

US stock futures pulled back after-hours against a backdrop of mixed earnings and the outbreak of a trade war with China.

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Black-owned brands got a foot in the door through accelerator programs at companies like Target and Amazon. Now they worry it might be closing.

A Treasury Department official told members of Congress that DOGE will have "read-only access" to the government's payment system.