Business

In this article GSBD GS Follow your favorite stocksCREATE FREE ACCOUNT One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp. Matt Jelonek | Bloomberg | Getty Images Gold prices climbed to a fresh record above $4,800 on Wednesday, extending a sharp rally as investors sought safety amid tariff threats from…

A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. Bloomberg | Bloomberg | Getty Images The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled…

(Refiles to correct media identifier, with no changes ​to story) LONDON, Jan ‌21 (Reuters) – Netflix shares listed in Frankfurt ‌fell in early trade on Wednesday despite beating expectations for fourth quarter revenue ⁠and earnings, ‌as the company remains locked in a ‍fierce bidding war for Warner Bros Discovery. Netflix also told investors ​it would…

A Massachusetts judge handed state regulators a key win to bar offering sports props and parlays without a betting licence. Massachusetts secured a significant win against Kalshi this week, with a judge ruling the state can enforce its prohibition on the prediction market’s sports contracts. Suffolk County Superior Court Judge Christopher Barry-Smith granted Massachusetts Attorney…

Amazon CEO Andy Jassy says consumers are beginning to see higher prices as sellers look to absorb added costs from President Donald Trump’s tariffs. Jassy told CNBC that Amazon and many of its third-party sellers stocked up on inventory ahead of the tariffs to keep prices low, but most of that supply ran out last…

Mortgage rates jumped sharply higher on Tuesday in response to weakness driven by geopolitical events and overseas financial markets. After hitting lows of 5.99% for a few hours on January 9th and spending last week in the low 6’s, the average top tier 30yr fixed rate is back up to 6.21% today.  This matches the…

Ryanair boss Michael O’Leary has thanked Elon Musk for all the additional publicity that their online spat has brought his airline, saying sales have risen two to three percent in the last five days. Musk has suggested he could buy the budget airline and called O’Leary “insufferable” and “an idiot”, after O’Leary rejected the idea…

OMAHA, Neb. (AP) — Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month. Kraft Heinz (KHC) warned investors Tuesday that Berkshire Hathaway (BRK-B, BRK-A) may be interested in selling its 325 million shares in the name brand food giant that Buffett helped create back in 2015….

Trump’s first year back in the White House closed with the U.S. national debt roughly $2.25 trillion higher than when he retook the oath of office, showing how fast Washington’s red ink is piling up even amid DOGE hype and promises to pay it down. Over the calendar year 2025, the growth in the national…

For Meta, the renewed fight comes at a time when most tech companies are walking tightropes to avoid any possible retaliation from Trump, not just social platforms. After defeating the FTC last fall, Meta’s chief legal officer, Jennifer Newstead, didn’t dunk on the FTC but coolly celebrated the ruling for recognizing that “Meta faces fierce…

Washington — The Supreme Court is set to convene Wednesday to consider President Trump’s bid to remove Lisa Cook from her post on the Federal Reserve Board of Governors, a case that could have significant ramifications for the independence of the central bank. The case arose after Mr. Trump attempted to oust Cook from the…

Amazon is set to open what it calls the “first-of-its-kind” retail store in Orland Park after receiving the final approval from the village’s board on Monday night. The estimated 230,000-square-foot store at 9600 159th St. will offer shoppers general merchandise, household items and groceries. An Amazon Prime membership won’t be required to shop there and…

OMAHA, Neb. (AP) — Warren Buffett’s successor appears to be considering his first significant move after taking over as CEO this month. Kraft Heinz warned investors Tuesday that Berkshire Hathaway may be interested in selling its 325 million shares in the name brand food giant that Buffett helped create back in 2015. The news came…

A Danish pension fund is planning to sell its entire holdings of U.S. Treasuries — about $100 million — over concerns about the U.S. government’s financial stability. AkademikerPension confirmed to CBS News that it is exiting U.S. Treasuries by the end of this month and that it will instead turn to the U.S. dollar and…

Traders work, as a screen displays U.S. President Donald Trump speaking at the World Economic Forum (WEF) meeting in Davos, Switzerland, on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 21, 2026. Brendan McDermid | Reuters U.S. equities leaped after Wednesday after President Donald Trump called off new…

STOPPING WALL STREET FROM COMPETING WITH MAIN STREET HOMEBUYERS: Today, President Donald J. Trump signed an Executive Order to protect the American Dream by making sure that large institutional investors do not buy single-family homes that could otherwise be purchased by families. The Order directs key agencies to issue guidance preventing relevant Federal programs from…

A federal bankruptcy judge on Tuesday evening approved the sale of Genesis HealthCare and its nearly 300 subsidiaries to a newly formed investment group whose bid emerged as a surprise last week. The ruling followed more than three hours of testimony — including objections from competing bidders — and a nearly two-month long auction process….

Last week, after reversing an earlier ban, the U.S. administration officially approved the sale of Nvidia’s H200 chips, along with a chip line by AMD, to approved Chinese customers. Maybe they aren’t these chipmakers’ shiniest, most advanced chips, but they’re high-performance processors used for AI, making the export controversial. And at the World Economic Forum…

Topline Michael O’Leary, CEO of Irish budget airline Ryanair, on Tuesday launched a ticket sale called the “Big ‘Idiot’ Seat Sale” as an escalation of his feud with billionaire Elon Musk and said he’ll hold a press conference Wednesday to discuss Musk’s “Twitter tantrum.” Key Facts Musk and O’Leary have been sparring on X, the…

China has fulfilled its initial commitment to buy 12 million metric tons of soybeans from the U.S., but it’s not clear if the trade agreement announced in October can withstand President Donald Trump’s ever-shifting trade policy as American farmers are still dealing with high production costs. Earlier this month, Trump said he would impose 25%…

Sony and TCL said Tuesday they’re entering into a joint venture to spin Sony’s TV and audio home entertainment business into a new company, with TCL holding a controlling 51% stake. But it’s not the end of Sony or its flagship Bravia TVs, which celebrated their 20th anniversary last year. The partnership would retain those brands when it goes…

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines airplane at the George Bush Intercontinental Airport in Houston, Nov. 6, 2025. Brandon Bell | Getty Images United Airlines on Tuesday said it could generate record earnings this year thanks to strong travel demand, with sales of premium seats, business travel and…

Humans&, a startup with a philosophy that AI should empower people rather than replace them, has raised $480 million in seed funding at a $4.48 billion valuation, reports The New York Times. Investors in the round include chipmaker Nvidia, Amazon founder Jeff Bezos, and VC firms SV Angel, GV, and Laurene Powell Jobs’ firm Emerson Collective. …

TSMC continues to turn in strong results, driven by demand for AI chips. Taiwan Semiconductor Manufacturing (TSM +0.78%) shares jumped after the semiconductor contract manufacturer once again reported strong quarterly results and issued an upbeat outlook. The stock is up around 70% over the past year, as of this writing. Given its strong performance, let’s…

In brief Strategy spent $2.1 billion on Bitcoin last week. That’s the company’s largest purchase in more than nine months. The acquisition was partly funded with proceeds from STRC. Bitcoin’s price may be falling as markets digest U.S. President Donald Trump’s renewed push for Greenland, but Strategy just notched one of its largest purchases within…

TCL is taking majority ownership of Sony’s Bravia series of TVs, the two companies announced today. The two firms said they have signed a memorandum of understanding and aim to sign binding agreements by the end of March. Pending “relevant regulatory approvals and other conditions,” the joint venture is expected to launch in April 2027….

Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year. A Jan. 10 White House X post included an image of Trump’s Truth Social post from the previous day that said in part, “Effective January 20, 2026, I, as President of the United…

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Algi Febri Sugita | SOPA Images | Lightrocket | Getty Images Netflix said on Tuesday it had reached 325 million global paid subscribers, a new milestone for the streaming giant that last reported membership numbers a year ago. The company reported fourth-quarter earnings and revenue…

Topline The S&P 500 slid as trading opened Tuesday, shedding roughly $750 billion in wealth in recent days as President Donald Trump intensified his push for U.S. control over Greenland, as one economist noted the broader market losses equaled the value of the Danish territory. Key Facts The S&P dropped 1.2% as of Tuesday morning,…

Protesters with Danish and Greenlandic flags attend a demonstration in Copenhagen, Denmark, Jan. 17, 2026. Nichlas Pollier | Bloomberg | Getty Images Danish pension operator AkademikerPension said it is exiting U.S. Treasurys because of finance concerns as Denmark spars with President Donald Trump over his threats to take over Greenland. Anders Schelde, AkademikerPension’s investing chief,…

In this article PFE NVO Follow your favorite stocksCREATE FREE ACCOUNT President Donald Trump arrives for an announcement in the Roosevelt Room of the White House in Washington, Dec. 19, 2025. Will Oliver | Bloomberg | Getty Images Drug pricing. Looming patent cliffs. Dealmaking. The first year of Trump 2.0. Those are among the themes that…

Traders work on the floor of the New York Stock Exchange. NYSE U.S. Treasury yields jumped Tuesday as investors weighed renewed tariff threats from Washington that revived fears of a trade war with Europe and spurred a flight from U.S. assets. The yield on the benchmark 10-year Treasury was last seen trading more than 6…