Daily News Explorer
S.E.C. Declares Memecoins Are Not Subject to Oversight
Feb 27, 2025, 8:20 PM
The agency said the novelty digital assets were not securities, a month after President Trump issued his own memecoin.
‘Epstein Files’ Release, Hyped by Pam Bondi, Falls Short
Feb 27, 2025, 7:35 PM
The release of flight logs and Jeffrey Epstein’s contact list by the attorney general was met with criticism from those who had expected the documents to reveal new information.
All the president's tariff threats: What Trump is promising between now and April
Feb 27, 2025, 3:02 PM
Donald Trump's many and overlapping tariff plans can be so hard to keep track of that even he sometimes appears to mix them up.
Stock market today: S&P 500, Nasdaq futures inch upwards after Nvidia-led sell-off
Feb 27, 2025, 7:13 PM
Futures attached to the major stock gauges drifted up as Wall Street scrutinizes Nvidia's latest earnings report.
Can AI help modernise Ireland's healthcare system?
Feb 27, 2025, 7:06 PM
Ireland is investing billions of euros to revamp its healthcare service - will AI help?
Disability charities urge government to protect cash
Feb 27, 2025, 7:00 PM
Disability Rights UK and the RNIB are warning that a cashless society could create barriers for disabled people.
U.S. Terminates Funding for Polio, H.I.V., Malaria and Nutrition Programs Around the World
Feb 27, 2025, 6:29 PM
Here are some of the 5,800 contracts the Trump administration formally canceled this week in a wave of terse emails.
S&P 500 futures are little changed ahead of key inflation report: Live updates
Feb 27, 2025, 6:02 PM
The three major indexes are on track to end the week and month lower.
Social Security payments to increase for public pension recipients
Feb 27, 2025, 5:22 PM
Some Social Security beneficiaries who receive public pensions may receive higher benefit payments as the implementation of the Social Security Fairness Act gets underway.
Canada Urges Its Travelers to Stay Home as Trade War With U.S. Continues
Feb 27, 2025, 4:42 PM
Last year, Canadians visiting the United States were responsible for $20.5 billion in spending. Some are now changing their travel plans as the neighboring nations battle over trade.
Nvidia stock sinks over 8%, market cap dips below $3T as earnings are no match for sky-high expectations
Feb 27, 2025, 4:02 PM
Nvidia stock sank 8.5% Thursday as investor enthusiasm over Blackwell AI sales was dampened by Nvidia's lower-than-expected guidance for first quarter gross margins.
Senators grill Trump’s CFPB director pick: You are 'on the Titanic, good luck’
Feb 27, 2025, 4:20 PM
Since acting CFPB Director Russell Vought took over, the agency closed its Washington HQ, fired staff and told those who remain to stop nearly all work.
Stock market today: Nasdaq, S&P 500 sell-off as Nvidia sinks 8%, Trump reiterates tariff plans
Feb 27, 2025, 4:07 PM
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.
Stock market today: Nvidia falls over 5%, tech leads Nasdaq, S&P 500 lower as losses accelerate
Feb 27, 2025, 2:47 PM
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.
CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
Feb 27, 2025, 2:35 PM
The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling the agency.
Mortgage rates fall to lowest level in over 2 months
Feb 27, 2025, 12:13 PM
Mortgage rates fell for a sixth week in a row to the lowest level in more than two months, Freddie Mac said on Thursday. The average rate on a 30-year fixed mortgage is 6.76%.
Trump says tariffs on Mexico, Canada will arrive on March 4, vows to double China levies
Feb 27, 2025, 10:34 AM
The run-up to next week's tariff deadline will likely deliver another dose of volatility to the market.
Nvidia stock dips as earnings beat has investors 'yawning'
Feb 27, 2025, 12:36 PM
Nvidia stock rose 2% early Thursday as investor enthusiasm over Blackwell AI sales was dampened by Nvidia's lower-than-expected guidance for first quarter gross margins.
Mexico, Canada tariffs will be implemented due to 'unacceptable' drug flow, Trump says
Feb 27, 2025, 11:55 AM
President Donald Trump on Thursday said that a 25% tariff on Mexican and Canadian goods is still scheduled to take effect March 4 since drugs continue to flow into the U.S. from across their borders.
Stock market today: Dow, S&P 500, Nasdaq diverge after Nvidia earnings, economic data
Feb 27, 2025, 12:54 PM
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
Feb 27, 2025, 11:21 AM
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this month
US pending home sales fall to record low in January
Feb 27, 2025, 11:11 AM
The National Association of Realtors' pending home sales data fell 4.6% in January to an all-time low as prospective homebuyers faced headwinds from high mortgage rates and home prices.
Eli Lilly investing $27B more in US manufacturing
Feb 27, 2025, 11:20 AM
Eli Lilly is doubling its U.S. manufacturing investment since 2020 as it seeks to produce more drugs domestically. Its latest investment is to the tune of $27 billion.
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
Feb 27, 2025, 11:06 AM
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.
A.I. and Vibecoding Helped Me to Create My Own Software
Feb 27, 2025, 11:01 AM
I’m not a programmer. But I’ve been creating my own software tools with help from artificial intelligence.
Trump says US will impose additional 10% tariff on China
Feb 27, 2025, 10:19 AM
He also said he would move ahead with 25% tariffs on imports from Mexico and Canada, which had been suspended.
Why Tesla's stock has given up nearly all of its Trump election gains
Feb 27, 2025, 8:46 AM
Tesla stock has nearly given up all its gains since President Trump’s election win, as Elon Musk’s forays with politics have investors wondering where the CEO’s attention lies.
Stock market today: Dow, S&P 500, Nasdaq rise as Nvidia gains after earnings beat
Feb 27, 2025, 9:32 AM
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.
Nvidia stock rises modestly as Wall Street applauds Blackwell AI sales but notes gross margin miss
Feb 27, 2025, 8:56 AM
Nvidia stock rose premarket as Wall Street analysts reiterated their Buy ratings on the stock after Blackwell AI sales topped expectations.
Nvidia stock rises as Wall Street applauds Blackwell AI sales
Feb 27, 2025, 8:56 AM
Nvidia stock rose premarket as Wall Street analysts reiterated their Buy ratings on the stock after Blackwell AI sales topped expectations.
Qatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’
Feb 27, 2025, 8:51 AM
Qatar Investment Authority's $1-billion fund of funds has accepted its first group of venture capital fund managers.
US economy grew 2.3% in fourth quarter
Feb 27, 2025, 8:44 AM
The Commerce Department released its second estimate of fourth quarter GDP which showed the economy grew 2.3% at the end of last year, in line with expectations and the prior estimate.
State Street, Apollo team up to launch first of its kind private credit ETF
Feb 27, 2025, 8:44 AM
Wall Street is eager to provide access to private equity and credit to the masses, and ETFs are the obvious wrapper.
GDP: US economy grows at 2.3% annualized pace in fourth quarter, matching estimates
Feb 27, 2025, 8:32 AM
The second estimate of fourth quarter GDP shows that the economy grew at a solid pace to cap off 2024.
Stock market today: Nasdaq, S&P 500, Dow futures rise as Nvidia gains after earnings beat
Feb 27, 2025, 8:34 AM
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.
Who gets stuck with the bill for tariffs on imported Canadian oil?
Feb 27, 2025, 8:01 AM
President Trump's pending 10% tariffs on Canadian oil imports would create a financial burden that would be shared by producers in Canada as well as American refiners and consumers.
U.S. Economy Shows Signs of Strain From Trump’s Tariffs and Spending Cuts
Feb 27, 2025, 5:02 AM
Consumer and business sentiment is wobbling as fiscal support fades and fears rise that tariffs will lead to higher prices.
How ‘The Substance’ Helped Mubi Become a Streaming Success Story
Feb 27, 2025, 5:02 AM
The niche movie streaming service has become a real Hollywood player thanks to the success of the body horror film.
Nvidia posts earnings beat, but future margins are a 'little concerning': What Wall Street is saying
Feb 27, 2025, 7:36 AM
Nvidia's outlook catches extra scrutiny by the markets.
A Union Takes on Musk via Tesla’s Stock
Feb 27, 2025, 7:53 AM
The American Federation of Teachers is pressuring some of the carmaker’s biggest shareholders as the tech mogul's cost-cutting influence in Washington sets off alarm bells.
Stock market today: Nasdaq futures pace gains for Dow, S&P 500 after Nvidia earnings, Trump tariff vows
Feb 27, 2025, 7:47 AM
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope for growth.
Market volatility creating buzz for these two types of ETFs
Feb 27, 2025, 7:40 AM
Market volatility appears to be boosting demand for two types of exchange-traded funds: leveraged and inverse.
Eggs are not the only expensive food: Beef prices are also on the rise
Feb 27, 2025, 7:00 AM
A lot of attention has been focused on high egg prices due to bird flu. However, the price of beef is also on the rise as production hasn't keep pace with demand.
The stock market might be Trump's strongest check and balance: Morning Brief
Feb 27, 2025, 6:00 AM
President Trump has redefined the presidential powers in his second term, with little pushback from Congress or the judiciary. But as the economic mood sours, markets may present themselves as a tempering influence.
Number of young people not in work or education hits 11-year high
Feb 27, 2025, 5:29 AM
The latest figure of 987,000 16-24-year-olds not in work, education or training has risen by 110,000 in a year.
‘Jeopardy!’ and ‘Wheel of Fortune’ to Leap to Streaming
Feb 27, 2025, 5:04 AM
Sony Pictures Entertainment is soliciting bids for the streaming rights to the two popular game shows.
Nvidia's auto segment revenue surges to record high on demand for driver-assist tech
Feb 27, 2025, 4:55 AM
U.S. chipmaker Nvidia's auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist software picked up.
Stock market today: Dow, S&P 500, Nasdaq futures climb after Nvidia earnings beat
Feb 27, 2025, 1:50 AM
Markets remained stuck in neutral in after-hours trading despite strong earnings from AI giant Nvidia.
Treasury investors anticipate Fed shift back to growth risks
Feb 27, 2025, 12:12 AM
(Bloomberg) -- Investors in US government bonds are starting to bet the Federal Reserve will soon need to pivot from worrying about sticky inflation to fretting about slowing economic growth. Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in F
Succession-like feud engulfs Singapore's richest family
Feb 27, 2025, 1:10 AM
Kwek Leng Beng, the chairman of property giant CDL, has accused his son of plotting a boardroom coup.
7-Eleven Founding Family’s Bid to Block Foreign Takeover Collapses
Feb 27, 2025, 12:31 AM
The proposal worth over $50 billion by Junro Ito, the son of the founder of Seven & i Holdings, was aimed at fending off a takeover bid from Canada’s Alimentation Couche-Tard.
Nvidia warns of growing competition from China's Huawei, despite U.S. sanctions
Feb 27, 2025, 12:18 AM
U.S. chip giant Nvidia is increasingly warning investors about competition from Huawei, despite U.S. restrictions on the Chinese telecommunications company.