Daily News Explorer
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry
Feb 14, 2025, 9:02 PM
The Finance Committee’s top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.
JD Vance Is in Charge of Getting a TikTok Deal. Can He Find a Buyer?
Feb 14, 2025, 8:04 PM
The vice president is in a tricky position as he looks for a deal to save the popular short-form video app, which is subject to being banned in the U.S. if it is not sold to a non-Chinese owner.
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million
Feb 14, 2025, 7:49 PM
A Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors said.
Why don't Europeans buy more American cars?
Feb 14, 2025, 5:54 PM
Trump wants US vehicles to be more popular in Europe, but it's a difficult market for them to crack.
Meta Platforms stock just closed higher for the 20th straight day
Feb 14, 2025, 4:47 PM
Meta stock hasn't had a down day since Donald Trump was inaugurated as president.
Nvidia shakes up stock portfolio, cratering Serve Robotics and sending WeRide soaring
Feb 14, 2025, 4:06 PM
Nvidia made some big moves in its stock portfolio in the fourth quarter, sending shares of the companies it bought and sold on a wild ride to end the week.
OpenAI Rejects Elon Musk’s Bid to Gain Control of the Company
Feb 14, 2025, 4:31 PM
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk and other investors had offered $97.4 billion earlier this week.
Stock market today: Nasdaq logs best week of 2025 as Dow, S&P 500 notch third-straight weekly gain
Feb 14, 2025, 4:16 PM
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.
Stock market today: Nasdaq logs best week of 2025 as Dow, S&P 500 notch third-straight weekly gain
Feb 14, 2025, 4:16 PM
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.
Investors ask whether Trump's eye-for-eye tariffs means he won’t go universal
Feb 14, 2025, 12:24 PM
Donald Trump often focused on universal tariffs last year but that campaign trail idea has been de-emphasized, at least in the early weeks of his new administration, in favor of a reciprocal-first approach.
NYSE coming to Texas as Lone Star State continues to attract businesses
Feb 14, 2025, 2:22 PM
Texas has in recent years become a major source for companies looking to relocate – and soon it will also become home to the "fully electronic equities change" NYSE Texas in Dallas.
Here's a potential winner from the Trump tariffs: American tourists traveling abroad
Feb 14, 2025, 2:00 PM
The U.S. dollar is expected to strengthen further in 2025 due to President Donald Trump's tariff policy. Overseas travelers may enjoy more buying power.
Court blocks Biden admin's airline fee transparency rule: What passengers should know
Feb 14, 2025, 12:50 PM
The United States Court of Appeals for the Fifth Circuit recently blocked the airline junk fee rule that the DOT says would have saved consumers $500 million annually.
Stock market today: Nasdaq logs best week of 2025 as Dow, S&P 500 notch third-straight weekly gain
Feb 14, 2025, 4:03 PM
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.
Trump’s Tariffs Could Worsen Europe’s Economic Slowdown
Feb 14, 2025, 12:55 PM
The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.
Jon Taffer schools Democrat leader who pointed fingers at Trump over rising prices
Feb 14, 2025, 11:44 AM
"Bar Rescue" host Jon Taffer warns that economic stability matters more than lower prices.
Buying chocolate on Valentine's Day? Here's why it's so expensive
Feb 14, 2025, 11:16 AM
Cocoa production has been hammered in back-to-back crop years due to weather and crop conditions,. forcing many manufacturers to raise the costs of chocolates.
Stock market today: Nasdaq logs best week of 2025 as Dow, S&P 500 notch third-straight weekly gain
Feb 14, 2025, 4:16 PM
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.
Uber, Bolt and Addison Lee drivers strike on Valentine's Day
Feb 14, 2025, 10:09 AM
Thousands of drivers are taking part in the strike action over pay and working conditions, a union says.
Retail sales see biggest drop in a year to start 2025
Feb 14, 2025, 9:49 AM
Retail sales declined more than expected in January after several strong months of gains to end 2024.
Corporate America’s Trump Playbook: MAGA Lobbyists, New Board Seats, Axing DEI
Feb 14, 2025, 9:00 AM
(Bloomberg) -- The chief executives of General Motors Co. and Ford Motor Co. made recent pilgrimages to Washington to figure out answers to questions on every CEO's mind: How do you know which policies President Donald Trump will push through, attempt to influence his decisions, and, meanwhile, explain the business impact to investors without irritating the vocal — and very online — president?Most Read from BloombergProgressive Portland Plots a ComebackWhy American Mobility Ground to a HaltSpace
Trump's Treasury secretary shuts down any tariff concerns, praises 'frictionless global trade'
Feb 14, 2025, 8:57 AM
U.S. Treasury Secretary Scott Bessent explains how President Donald Trump's tariff plans could create "substantial" revenue for America's economy.
Stock market today: Nasdaq logs best week of 2025 as Dow, S&P 500 notch third-straight weekly gain
Feb 14, 2025, 4:16 PM
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.
How to Use an HSA to Save a Lot
Feb 14, 2025, 9:00 AM
A new analysis finds that a diligent saver who leaves the money untouched for decades can accumulate $1 million. But not everyone with an H.S.A. can afford to leave the money untapped.
Which Interest Rate Should You Care About?
Feb 14, 2025, 9:00 AM
The Fed’s short-term rates matter, but the main action now is in the 10-year Treasury market, which influences mortgages, credit cards and much more, our columnist says.
Stock market today: S&P 500, Nasdaq edge higher as investors weigh a week of Trump tariffs
Feb 14, 2025, 11:14 AM
Investors were digesting a busy week of tariff hikes and inflation updates, as fresh retail data and earnings reports rolled in.
Newman: Trump’s biggest economic vulnerability has emerged
Feb 14, 2025, 8:01 AM
Trump is headed for a showdown with bond markets. Bullying won't work.
Warren Buffett's Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance
Feb 14, 2025, 8:16 AM
DaVita shares tumbled after issuing a weak outlook amid rising care costs, while big investor Berkshire offloaded some shares in a preplanned agreement.
Stock pickers are on a record run with investors. Don't be fooled, says index fund guru
Feb 14, 2025, 8:06 AM
What's in store for the next chapter of passive vs. active investing, according to Charley Ellis, the indexer who wrote the book on what's best for your money.
Will tariffs reduce trade deficits? Experts weigh in
Feb 14, 2025, 7:54 AM
President Donald Trump's trade agenda has focused on deploying tariffs to address the trade deficit with other countries, though economists say it's unlikely to narrow that gap.
Fixing America's chicken and egg crisis
Feb 14, 2025, 7:00 AM
U.S. Agriculture Secretary Brooke Rollins is inheriting what could be the worst chicken and egg crisis in decades. Fixing it is among her top priorities.
Trump tariff VAT threat raises prospects of hit to UK
Feb 14, 2025, 7:20 AM
The surprise inclusion of VAT to calculate tariffs prompts questions over the possible impact on British businesses.
What Happens to Global Trade If ‘the W.T.O. Is Toast’?
Feb 14, 2025, 4:59 AM
President Trump, who disabled the World Trade Organization during his first term, is going after international free trade rules in place since the 1940s.
Readers worried after Mr. Musk and his team were given access to federal payment systems. Here’s how to back up all your data and documents.
Whiskey Offers Window Into the Pain of a Trade War
Feb 14, 2025, 5:00 AM
Liquor is leverage as the world careens toward another trade dispute. European tariffs on American whiskey snap back after March 31 unless an extension is granted.
Should Tulips Replace Roses for Valentine’s Day? Florists Think So.
Feb 14, 2025, 3:00 AM
Roses have long been the flower of choice for the holiday, but some see an opening for the humble tulip.
US politicians furious at UK demand for encrypted Apple data
Feb 14, 2025, 6:23 AM
They say the US should re-evaluate its cyber-security partnership with the UK unless the "dangerous" request is withdrawn.
Avanti West Coast Sunday strikes suspended for talks
Feb 14, 2025, 6:16 AM
Members of the Rail, Maritime and Transport union planned to walk out on the next three Sundays.
Why egg-flation could end up being a headache for the Fed: Morning Brief
Feb 14, 2025, 6:00 AM
Egg prices are both universal and easy to dismiss, as they're not used in "core" inflation. But they're important, almost psychologically, for consumers and the Fed.
Thames Water appeals against limit on bill rises for customers
Feb 14, 2025, 5:22 AM
The water company has lodged an appeal against the cap on what it can charge customers.
Trump Pushes Tariff Threats on Global Scale
Feb 14, 2025, 5:03 AM
With less than a month in office, the president has pursued trade actions that could shatter the global trading system and dwarf the trade measures he took over his entire first term.
JPMorgan’s Dimon wants Washington to 'look at all the rules and regulations' affecting big banks
Feb 14, 2025, 4:19 AM
JPMorgan Chase CEO Jamie Dimon made it clear during a visit to the nation's capital Thursday that he is in favor of a restructuring of the financial regulatory agencies that oversee his bank and his industry.
Heathrow Airport: 'Change funding or third runway won't happen'
Feb 14, 2025, 1:03 AM
Businesses want a review of the regulations that govern what Heathrow Airport can charge.
Allow baby milk formula loyalty point purchases, CMA says
Feb 14, 2025, 2:57 AM
Parents should be allowed to use loyalty points and gift cards to buy baby milk, the regulator says
Where China’s Exports Begin: Inside the Vast Markets of Guangzhou
Feb 14, 2025, 12:02 AM
Along the Pearl River in southern China, a fast-growing industry is churning out cheap clothes and toys that are flooding the world duty-free.