A technician works on chip processing equipment at a semiconductor manufacturing plant in Suqian, in eastern China’s Jiangsu province © AFP via Getty Images The Trump administration has accused China of using unfair trade practices to try to dominate the global chip industry but said it would not increase tariffs on Chinese imports until mid-2027….
Eric Trump, left, and Donald Trump Jr. pose outside Nasdaq in Times Square © AFP via Getty Images Nuclear fusion has put the world’s greatest minds through their paces for decades. But smashing nuclei together in the pursuit of abundant energy is not just a scientific challenge. If President Donald Trump’s listed family business completes…
It was on April 2 that President Trump appeared at the White House to unveil his “Liberation Day” tariffs. The sweeping announcement roiled markets and helped set the tone for the president’s second-term tariff push — even though many of the country-specific tariff rates he held up in a chart would soon be paused until…
NEW YORK — Consumers stepped up their spending, particularly on items like gadgets and clothing, for the first seven weeks of the holiday shopping period. But the pace was slower than a year ago amid worries about higher prices and other economic concerns, according to new data from Visa released Tuesday. From Nov. 1 through…
Starfighters Space (FJET) has landed in the public markets with a $40 million IPO, and traders have wasted no time stress testing the stock through extreme volatility and heavy early volume. See our latest analysis for Starfighters Space. That explosive 1 day share price return of about 371 percent comes on top of an early…
OLYMPIA, Wash. — As the new year approaches, a range of Washington state laws will take effect on Jan. 1, 2026, bringing changes to workers, employers, families, and consumers across the state. These changes stem from legislation passed by the Washington State Legislature earlier this year. Here’s a look at some of the big ones….
These companies should have higher earnings power than Nvidia in 2026. Is 2026 the year Nvidia finally underperforms versus the broad market? I think it might be. The leader in artificial intelligence (AI) computer chips is unlikely to give up all its gains from the last few years, but it is facing increasing competition, a…
Gold bullion can be seen after being removed from casts at the ABC Refinery smelter in Sydney on April 29, 2025. David Gray | AFP | Getty Images Gold touched a record high on Tuesday, just shy of breaching the $4,500 per-ounce threshold, as a weaker dollar and persistent geopolitical uncertainty boosted demand for the safe-haven metal, while…
Chinese-made drones have dominated the skies in the United States for years, with private owners, police departments, and firefighters deploying them nationwide. But a new rule by the Federal Communications Commission on Tuesday will make it impossible for US consumers to buy the next generation of these drones. The FCC banned the import and sale…
Danielle KayeBusiness reporter Reuters The high-stakes search for a new leader of the US central bank is drawing to a close. US President Donald Trump is expected to name someone in the coming weeks to replace Jerome Powell, whose term as Federal Reserve chairman will end in May. That person will step into the role…
Customers at the GasWay Xpress Mart at 1120 Erie Blvd. pump gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y. Lori Van Buren | Albany Times Union | Hearst Newspapers | Getty Images Holiday road-trippers are feeling some relief at the pump this year. The average price of unleaded gasoline in the U.S. has been…
An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second quarter, according to Commerce Department data released Tuesday. That’s the fastest growth rate in two years. An acceleration in consumer spending, up 3.5% from…
A fire at a Pacific Gas & Electric substation in SoMa knocked out power to as many as 130,000 customers starting Saturday, leaving thousands in the dark heading into the holiday season and a week of intense storms. Here’s what we know about the outage and state of restoration. What happened? The fire began shortly…
Warner Bros. Discovery‘s board of directors says that it will “carefully review and consider” Paramount‘s revised bid for the company. The company confirmed receipt of the revised tender offering Monday evening. “Warner Bros. Discovery will review the Amended Tender Offer and advise its stockholders of the Board’s recommendation after the completion of that review,” the…
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In this article NVO Follow your favorite stocksCREATE FREE ACCOUNT LONDON — European markets closed higher on Tuesday, paring the previous session’s losses. The pan-European Stoxx 600 closed up 0.3%, notching a new record closing high, lifted by surging shares of Copenhagen-listed Novo Nordisk. That brings the benchmark’s year-to-date gains to 16%. With a week to…
The International Energy Agency expects more than 40% of the electricity powering US data centres in 2035 to still come from fossil fuels © Vladimircaribb/Dreamstime The writer is co-founder and chief investment strategist at Absolute Strategy Research “The United States is in a race to achieve global dominance in artificial intelligence.” These are the opening…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. Michael Nagle | Bloomberg | Getty Images The 10-year Treasury yield was relatively unchanged on Tuesday as traders weighed the latest U.S. economic growth figures. The benchmark 10-year Treasury yield fell less than 1 basis…
WASHINGTON — CACI International said on Dec. 22 it is acquiring space technology company ARKA Group in an all-cash transaction valued at $2.6 billion, expanding its footprint in space-based sensing and intelligence systems. CACI, a publicly traded defense and intelligence contractor based in Reston, Virginia, is acquiring ARKA from Blackstone Tactical Opportunities, the private investment…
The founder of FTX has brought his entrepreneurial spirit behind bars. He has advised several high-profile inmates, like former Honduran President Juan Orlando Hernandez and rapper Sean Combs, according to reporting by the New York Times. Bankman-Fried is currently serving 25 years in prison for misappropriating funds at the crypto exchange he founded, FTX, which…
Heidi King’s exciting move into a new apartment at the NEMA building at 8 10th St. turned into a nightmare when the mass blackout that started Saturday afternoon left her and her neighbors without electricity, water, or working elevators. King and her partner were settling into their 18th-floor unit when the power cut off. With…
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 22, 2025. Michael Nagle | Bloomberg | Getty Images Stocks rose for a fourth straight session on Tuesday, as artificial intelligence names continued to outperform during a holiday-shortened week. The S&P 500 added 0.46%, closing at…
Looking ahead to 2026 A reasonable forecast of China’s GDP growth is important for a number of reasons. First, Chinese and foreign companies alike must make sales projections, input availability plans, and competitor strategies based on how fast the world’s second-largest economy is growing. The difference between China growing 2% and 5% is half a…
The Justice Department, together with the Consumer Product Safety Commission (CPSC), today announced the filing of a civil enforcement action against Stanley Black & Decker, Inc. (Black & Decker) for alleged violations of the Consumer Product Safety Act (CPSA). Black & Decker is a global provider of hand tools, power tools, outdoor products and related…
The war for the future of Warner Brothers continues, as Paramount Skydance announced Monday an amended all-cash offer for the legacy movie studio. The offer includes an “irrevocable personal guarantee” from a major backer, Oracle billionaire Larry Ellison, to provide tens of billions in equity financing for the deal. It’s the latest move by Ellison’s…
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A top Amazon executive has said the US technology giant has blocked more than 1,800 job applications from suspected North Korean agents. North Koreans tried to apply for remote working IT jobs using stolen or fake identities, Amazon’s chief security officer Stephen Schmidt said in a LinkedIn post. “Their objective is typically straightforward: get hired,…
The US Food and Drug Administration (FDA) has approved a pill version of the weight-loss drug Wegovy, according to pharmaceutical giant Novo Nordisk. It is the first pill of its kind to receive approval from the regulator, marking a new era for weight-loss drugs. Wegovy’s Danish makers Novo Nordisk said the once-daily pill was a…
Tory Bruno stands between a pair of Vulcan booster at United Launch Alliance’s rocket factory in Decatur, Alabama, on Nov. 4, 2025. Image: Will Robinson-Smith/Spaceflight Now United Launch Alliance announced its president and chief executive officer, Tory Bruno, resigned from the company, effective Monday, Dec. 22. The news came in a statement from Robert Lightfoot,…
Bottles of Jim Beam Kentucky Straight Bourbon whiskey stand on display during a news conference in Tokyo, Japan, Jan. 30, 2020. Noriko Hayashi | Bloomberg | Getty Images Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the…
CNBC’s Jim Cramer suggested dealmaking will help drive the market next year, reviewing mergers and acquisitions that could occur. “The setup’s a great one,” he said. “The chief pillar? Takeovers and acquisitions. They’re going to be an extraordinary force for the bulls in 2026.” Cramer explained that mergers are important for stocks because the market…
An electronic quotation board displays the Nikkei 225 stock prices on the Tokyo stock Exchange in Tokyo on Nov. 5, 2025. Greg Baker | Afp | Getty Images Asia-Pacific markets opened mostly higher Tuesday, after AI trade lifted major Wall Street indexes overnight. Nvidia shares rose more than 1% after Reuters said the company was looking…