Daily News Explorer
Delta Offers $30,000 to Passengers on Plane That Crashed in Toronto
Feb 19, 2025, 11:22 PM
The airline said it told the 76 passengers who had been on the plane, which crashed and flipped over on Monday, that the offer came with “no strings attached.”
Palantir stock drops 10% after report Trump administration eyes large defense budget cuts
Feb 19, 2025, 4:40 PM
Palantir stock fell more than 10% Wednesday following a report the Trump administration is planning deep cuts to the defense budget.
Stock market today: S&P 500, Dow Jones, and Nasdaq futures lose ground with Fed in focus
Feb 19, 2025, 9:47 PM
Investors have the White House is in strong focus as tariffs continue to impact markets. New defence spending announcements shake up military contracted corporations.
Newly-confirmed commerce secretary 'so pumped up' for Trump's economic, fiscal agenda
Feb 19, 2025, 9:51 PM
Commerce Secretary Howard Lutnick discusses the Trump administration's economic agenda after his recent confirmation on 'Jesse Watters Primetime.'
Trump Urged to Halt Firings at the FAA
Feb 19, 2025, 7:55 PM
After a string of deadly plane crashes, lawmakers and union members are urging the president to protect the transportation department from further personnel cuts.
Trump Eyes Giving Taxpayers Cut of DOGE Savings Amid Uproar
Feb 19, 2025, 7:23 PM
(Bloomberg) -- President Donald Trump suggested that some savings from his federal cost-cutting effort, overseen by billionaire Elon Musk, could be sent back to US taxpayers, with another portion being used to reduce the national deficit. Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsChild Migrant Watchdog Gutted in DOGE CutsAirbnb Billionaire Plans Factory-Built Homes for LA Fire VictimsChicago Coun
Georgia's richest man said to be moving funds to avoid sanctions
Feb 19, 2025, 7:05 PM
The pro-Russian businessman is reported to be moving overseas assets back to the Caucasus country.
Homebuilders are concerned about new tariffs and effect on material costs
Feb 19, 2025, 6:11 PM
Tariffs recently announced by President Donald Trump causing worry among U.S. homebuilders, particularly in regards to material costs.
S&P 500 futures inch lower after index notches fresh all-time high and record close: Live updates
Feb 19, 2025, 6:02 PM
During Wednesday's session, the S&P 500 posted its second consecutive session in the green and hit an all-time high earlier in the session.
Oz, Trump’s Medicare Nominee, Pledges to Divest Interests in Health Care Stocks
Feb 19, 2025, 5:52 PM
The celebrity doctor said he would divest from his interests in many drug, medical and insurance companies, worth millions of dollars.
Stock market today: S&P 500 pops to another record while Dow, Nasdaq rise with tariffs, Fed minutes in focus
Feb 19, 2025, 5:40 PM
Investors are weighing Trump's latest tariff salvo and digesting Fed minutes for insight into future policy.
Newman: Where Musk has cut the most so far
Feb 19, 2025, 4:30 PM
The "DOGE" efficiency commission has begun posting details of the surgery it's conducting on the federal government. So far it has targeted about one-tenth of all government agencies.
Fed minutes show tariffs factored into concerns about higher inflation
Feb 19, 2025, 4:11 PM
Policymakers at the Federal Reserve noted the potential for higher tariffs to contribute to inflation remaining above the 2% target rate in the minutes from their last meeting.
US Federal Reserve warns Trump's tariffs may increase prices
Feb 19, 2025, 4:27 PM
The minutes from the last meeting of the e Fed's rate setting committee reveal inflation concerns.
Trump Labor Nominee Lori Chavez-DeRemer Faces Pressure at Senate Hearing
Feb 19, 2025, 4:13 PM
Asked for her views on pro-labor legislation she backed as a House Republican, Lori Chavez-DeRemer said she would simply serve the president’s agenda.
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
Feb 19, 2025, 3:45 PM
President Donald Trump is planning to impose 25% tariffs on imported automobiles as well as tariffs at a similar level on pharmaceutical imports and semiconductors.
Osaic chief market strategist Phil Blancato analyzes the impact of tariffs on inflation and the stock market on 'Making Money.'
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
Feb 19, 2025, 3:36 PM
Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.
Airlines urge Congress to support air traffic control hiring, modernize FAA
Feb 19, 2025, 1:53 PM
A coalition of groups representing components of the U.S. aviation industry sent a letter to Congress urging for action to modernize the nation's air traffic control system.
Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
Feb 19, 2025, 2:13 PM
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump's proposed tariffs and mass deportations of migrants, as well as strong consumer spending, were factors that could push inflation higher this year. The Fed's 19 officials who participate in its interest-rate decisions indicated that “they would want to see further progress on inflation before making” any further cuts.
Stock market today: S&P 500, Nasdaq edge higher with fresh tariffs, Fed minutes in focus
Feb 19, 2025, 2:13 PM
Investors are weighing Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.
Fed officials are worried about tariffs' impact on inflation and see rate cuts on hold, minutes show
Feb 19, 2025, 2:01 PM
The Federal Reserve on Wednesday released minutes from its January meeting.
The White House tightens control over the Fed — but not on rates
Feb 19, 2025, 1:18 PM
A new executive order gives President Donald Trump’s appointees more power over independent agencies, including how the Fed regulates banks. But monetary policy will remain under the central bank's full control.
iPhone 16e: Apple gambles on AI features at lower cost
Feb 19, 2025, 12:26 PM
The tech giant is hoping AI at a lower price can reinvigorate sales of its flagship piece of hardware.
KFC to Leave Kentucky for Texas
Feb 19, 2025, 11:48 AM
KFC, formerly named Kentucky Fried Chicken, disappointed state leaders when it announced it was moving to Texas.
Microsoft Says It Has Created a New State of Matter to Power Quantum Computers
Feb 19, 2025, 11:00 AM
Microsoft’s new “topological qubit” is not based on a solid, liquid or gas. It is another phase of matter that many experts did not think was possible.
Powerful quantum computers in years not decades, says Microsoft
Feb 19, 2025, 11:56 AM
It says a new chip it has created could end up being as important a breakthrough as the semiconductor.
Musk weighs a 'DOGE dividend' to send Americans checks using saved funds
Feb 19, 2025, 11:45 AM
Elon Musk expressed interest in an idea to create a "DOGE dividend" to give taxpayers a refund using funds saved amid the Department of Government Efficiency's work.
Apple Unveils Lower-Priced iPhone 16e With A.I. Features
Feb 19, 2025, 12:00 PM
The iPhone 16e is the first update to the company’s most affordable model since 2022, but carries a higher price tag of $599.
Apple debuts iPhone 16e for $599, includes Apple Intelligence, Apple's first in-house modem
Feb 19, 2025, 11:02 AM
Apple on Tuesday the iPhone 16e, a low-cost iPhone complete with Apple Intelligence and the company's first in-house modem.
'Perfect storm' could see end of salon apprenticeships
Feb 19, 2025, 11:11 AM
Hairdressers are calling for government support, saying there could be no salon apprentices by 2027.
Microsoft reveals Mojarana 1 quantum chip as quantum computing wars heat up
Feb 19, 2025, 11:00 AM
Microsoft on Wednesday debuted its Mojarana 1 quantum computing chip. The news comes just two months after Google announced its own quantum chip.
Nikola, Electric Truck Maker, Files for Bankruptcy
Feb 19, 2025, 8:12 AM
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
Trump Eyes a Bigger, Better Trade Deal With China
Feb 19, 2025, 10:24 AM
U.S. officials are considering whether they can strike a deal with China that would ramp up its purchases of American goods and investments in the United States.
The one thing Elon Musk doesn't tweet about: Tariffs
Feb 19, 2025, 8:22 AM
Elon Musk posts a lot but one subject was glaringly absent in recent weeks: President Donald Trump's tariff plans.
Stock market today: S&P 500, Dow, Nasdaq slip with fresh tariffs, Fed minutes in focus
Feb 19, 2025, 10:21 AM
Investors are weighing Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.
EV maker Nikola files for Chapter 11 bankruptcy protection
Feb 19, 2025, 8:26 AM
EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.
As 2025 kicks in, so are layoffs: these are some companies cutting jobs
Feb 19, 2025, 8:00 AM
This year only has just over two-and-a-half months in the books so far, but multiple companies have already announced layoffs, including Blue Origin, JPMorgan Chase and Estee Lauder.
Stock market today: S&P 500, Dow, Nasdaq futures falter with fresh tariffs, Fed minutes in focus
Feb 19, 2025, 7:08 AM
Investors are weighig Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.
Average NI house price reaches 17-year high during 2024
Feb 19, 2025, 4:52 AM
The average house price in Northern Ireland rose by 9% during 2024, according to official data.
Investors aren't just buying US stocks anymore: Morning Brief
Feb 19, 2025, 6:00 AM
The mood has shifted sharply from last year's overwhelming bullishness for American stock performance.
Stock market today: S&P 500, Dow, Nasdaq futures hit pause with fresh tariffs, Fed minutes in focus
Feb 19, 2025, 6:29 AM
Investors are weighig Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.
How the world's largest asset manager is using nearly $28 billion of acquisitions to reinvent itself
Feb 19, 2025, 6:00 AM
Over the past year, BlackRock has cut deals to buy infrastructure investment firm GIP, private credit manager HPS and data provider Preqin.
Why Trump economic advisers are more focused on Wall Street than on the Fed
Feb 19, 2025, 4:00 AM
National Economic Council director Kevin Hassett hopes to bring down borrowing costs via 10-year Treasury yields, echoing the stance of Treasury Secretary Scott Bessent.
Struggle Over Americans’ Personal Data Plays Out Across the Government
Feb 19, 2025, 5:02 AM
Employees from Elon Musk’s so-called Department of Government Efficiency are gaining access to vast amounts of information held by federal agencies, even as lawsuits try to stop them.
The Cryptocurrency Scam That Turned a Small Town Against Itself
Feb 19, 2025, 5:00 AM
How did a successful, financially sophisticated banker gamble his community’s money away?
Brazil gets greenlight to join OPEC+ months ahead of hosting UN’s annual climate summit
Feb 19, 2025, 3:54 AM
Brazil will be joining the Organization of the Petroleum Exporting Countries (OPEC+), highlighting the South American country’s growing status as a major oil exporter.
Circle Squared Alternative Investments founder Jeff Sica discusses how worthwhile it is to invest in gold on 'Varney & Co.'s' Market Check.
The 2025 stock market rally isn't just about the 'Magnificent 7'
Feb 18, 2025, 11:02 AM
The stock market's gains have broadened out to start 2025.
Inflation soars on airfares and private school fees
Feb 19, 2025, 2:18 AM
The pace of price rises jumped to 3%, above expectations as well as the Bank of England's target.