News
USMCA tensions escalate as Canada faces 50% aircraft tariff
President Trump has declared new tariffs on Canada, including a 50% duty on Canadian aircraft imports. He also announced plans...
Trump nominates Kevin Warsh to succeed Powell as Federal Reserve chair
Today, President Trump named former Fed governor Kevin Warsh to succeed Jerome Powell as Federal Reserve chair. Trump's pick of Warsh, 55, is...
Tesla pivots to robot production as Musk discontinues S and X models
Tesla CEO Elon Musk announced that the company is discontinuing production of its Model S and X vehicles. The company's Fremont, California...
Zuckerberg announces AI spending of $135 billion
Meta Platforms, Inc. announced its financial results for the quarter and full year ending December 31, 2025, surpassing analysts' expectations...
Despite pressure, the Fed maintains current interest rates
Wall Street is digesting the Federal Reserve's first monetary policy decision of 2026, which left interest rates unchanged. The Federal...
US mortgage rates climb, pausing 2026 home-buying spree
US mortgage rates increased for the first time in four weeks, stopping an early-year trend of rising home purchases and...
‘Back to Starbucks’ strategy boosts sales after 2 years of decline
Starbucks announced its Q1 results today, with the company’s CEO and CFO attributing the first sales growth in two years...
Amazon to lay off 16,000 corporate workers
Today, Amazon announced in a blog post that it intends to cut approximately 16,000 corporate positions, marking its second major...
Dollar falls to lowest level in four years
Today, the dollar fell 0.46% to its lowest level since March 2022, marking its fourth straight day of decline. The...
Incoming Target CEO, Michael Fiddelke, calls out Minneapolis violence
Target’s incoming CEO, Michael Fiddelke, who will assume his role on February 1, sent a message to employees about the...
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