Finance
Image
Stock market sees major boost over China-US trade truce
The Dow Jones Industrial Average ended its day with a 1,160 point (2.81%) gain, while the Nasdaq Composite closed with a 4.35% boost and the S&P 500 closed with a 3.26% increase.
Image
Bessent says US is negotiating with 17 out of 18 major trade partners
Hours after his testimony, officials indicated that formal trade negotiations with China could take place as early as Thursday, when the secretary travels to Switzerland.
Image
Warren Buffett announces plan to retire as Berkshire Hathaway CEO at end of the year
Buffett didn’t take questions from shareholders about the planned retirement.
Image
Stock market plunges over Trump tariffs, Nasdaq and S&P mark lowest numbers since 2020
The Dow dropped 1,679 points, which equaled a 3.98% loss. The Dow's loss was its biggest drop since June 2020.
Image
US stocks tumble in after-hours trading over Trump's global tariffs
The SPDR S&P 500 ETF Trust, which tracks the S&P 500, lost about 2% in after-hours trading. The Invesco QQQ ETF which monitors the Nasdaq-100 Index, shed 3.3%, and the trust that follows the Dow lost 1%.
Image
Treasury Department sanctions alleged network of people helping secure weapons for Houthis
The network has procured tens of millions of dollars’ worth of commodities from Russia, including weapons, and stolen Ukrainian grain. The goods are then shipped to Yemen, which is under Houthi control.
Image
Stock market takes hit amid concerns over new Trump tariffs
The Dow Jones Industrial Average dropped more than 700 points on Friday, amounting to a 1.6% loss. The S&P 500 dropped nearly 2% and the Nasdaq composite lost 2.7%.
Image
Here are the companies that have committed to investing billions in the US over Trump tariffs
Trump has levied high tariffs on goods from Mexico, Canada and China over the countries responses to the fentanyl crisis in the United States. Canada and Mexico are fighting 25% tariffs on their goods.
Image
US deficit sets record with $1.1 trillion in first five months of fiscal year 2025
The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February alone was $307 billion.
Image
Bank of America hit with major leak, releasing customer Social Security numbers, other info: Report
The bank did not reveal how many customers were impacted by the latest. But names, account details, addresses, contact information, date of birth, Social Security numbers and other government IDs of customers were all exposed.
Image
Dow sees 1,000 point drop before closing down 889 points after Trump declines to rule out recession
The Dow Jones Industrial Average on Monday took about 1,000 point tumble after President Donald Trump on Sunday declined to rule out a possible recession but ended up closing down 889 points, or a 2.08% drop.
Image
Walgreens seals $10 billion deal to go private with equity firm Sycamore Partners
Walgreens said that Sycamore Partners has agreed to pay $11.45 a share in cash, a deal that could equal up to $23.7 billion after paying off debt and other potential future payouts.
Image
Best Buy, Target, warn of rising costs due to Trump tariffs and retaliation
Canada and Mexico on Tuesday said they plan to impose tariffs on U.S. goods in retaliation for the U.S. tariffs, with Mexican President Claudia Sheinbaum stating her tariffs will be announced on Sunday if no deal has been reached.