News - 2025-02-19

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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 fell more than 10% Wednesday following a report the Trump administration is planning deep cuts to the defense budget.

Investors have the White House is in strong focus as tariffs continue to impact markets. New defence spending announcements shake up military contracted corporations.

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Commerce Secretary Howard Lutnick discusses the Trump administration's economic agenda after his recent confirmation on 'Jesse Watters Primetime.'

After a string of deadly plane crashes, lawmakers and union members are urging the president to protect the transportation department from further personnel cuts.

(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

The pro-Russian businessman is reported to be moving overseas assets back to the Caucasus country.

Tariffs recently announced by President Donald Trump causing worry among U.S. homebuilders, particularly in regards to material costs.

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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.

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The celebrity doctor said he would divest from his interests in many drug, medical and insurance companies, worth millions of dollars.

Investors are weighing Trump's latest tariff salvo and digesting Fed minutes for insight into future policy.

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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.

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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.

The minutes from the last meeting of the e Fed's rate setting committee reveal inflation concerns.

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.

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.

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Osaic chief market strategist Phil Blancato analyzes the impact of tariffs on inflation and the stock market on 'Making Money.'

Officials are debating when to restart interest rate cuts, as high prices linger and Trump’s policies add to economic uncertainty.

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.

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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.

Investors are weighing Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.

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The Federal Reserve on Wednesday released minutes from its January meeting.

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.

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’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.

It says a new chip it has created could end up being as important a breakthrough as the semiconductor.

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.

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 on Tuesday the iPhone 16e, a low-cost iPhone complete with Apple Intelligence and the company's first in-house modem.

Hairdressers are calling for government support, saying there could be no salon apprentices by 2027.

Microsoft on Wednesday debuted its Mojarana 1 quantum computing chip. The news comes just two months after Google announced its own quantum chip.

The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.

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.

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Elon Musk posts a lot but one subject was glaringly absent in recent weeks: President Donald Trump's tariff plans.

Investors are weighing Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.

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EV maker Nikola Corporation filed for Chapter 11 bankruptcy protection on Wednesday after the embattled company faced “significant" macroeconomic challenges.

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.

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Investors are weighig Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.

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The average house price in Northern Ireland rose by 9% during 2024, according to official data.

The mood has shifted sharply from last year's overwhelming bullishness for American stock performance.

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Investors are weighig Trump's latest tariff salvo and waiting for Fed minutes for insight into future policy.

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Over the past year, BlackRock has cut deals to buy infrastructure investment firm GIP, private credit manager HPS and data provider Preqin.

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.

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.

How did a successful, financially sophisticated banker gamble his community’s money away?

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 stock market's gains have broadened out to start 2025.

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The pace of price rises jumped to 3%, above expectations as well as the Bank of England's target.

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