Trump to hike global tariffs to 15% from 10%, 'effective immediately'
Trump also warned: "During the next short number of months, the Trump Administration will determine and issue the new and legally permissible Tariffs."
Airlines start canceling flights ahead of another monster winter storm on the East Coast
American, Delta, JetBlue, United and others waived change and cancellation fees ahead of another massive winter storm.
Chaos, confusion and $200 billion dreams: What I saw at India’s AI summit
India hosted one of the world's biggest AI events this week, but it was marred by impossible traffic and a lack of organization.
Trump says he's considering limited military strike against Iran
The oil market's biggest fear is that a conflict between the U.S. and Iran could lead to a prolonged disruption of oil flows through the Strait of Hormuz.
Market volatility trap? Why this income-first strategy may 'leave a lot on the table'
The market volatility may be leading retail investors astray.
Berkshire was a net seller of stocks in Buffett's final quarter as CEO
During Warren Buffett's last quarter as CEO, Berkshire Hathaway sold more equities than it bought, continuing to whittle away at its big Apple and Bank of America stakes and slashing its already modest Amazon.com holding.
Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3%
The core PCE price index was expected to increase 3% from a year ago in December. GDP was projected to rise at a 2.5% pace in Q4.
Trump previewed weak GDP on Truth Social ahead of official data release
Trump has revealed economic data before its official release on multiple occasions, raising questions about possible policy violations
The 18 highest-paying college majors 5 years after graduation
Engineering majors typically earn more than $75,000 within five years of graduating from college, placing them among the highest-paid graduates.
Under mounting toy pressures, Hasbro has a secret sauce that Mattel hasn't matched
Hasbro's secret weapon has been its Wizards of the Coast division, which includes Dungeons & Dragons, Magic: The Gathering and the company's digital games.
Trump accounts have 'more unanswered questions than answered,' expert says. What's still unknown
Trump accounts offer free money for some families. But other details have yet to be resolved, experts say. Here's what to expect.
From 'vanlords' to safe parking sites: How RVs became Silicon Valley's housing safety net
Across California, the number of people living in vehicles has surged in recent years due to soaring rents.
Supreme Court Trump tariff decision impact: What to expect as fight for billions in refunds begins
The Supreme Court ruling that President Trump's tariffs are illegal will lead companies to seek billions in refunds, but the decision was silent on the issue.
United Airlines is paring back rewards for travelers who don't have its credit card in MileagePlus overhaul
United Airlines is overhauling its MileagePlus loyalty program to reward customers who have the carrier's credit card over those without it.
Here are 3 forces that drove the stock market during Wall Street’s comeback week
The stock market staged a comeback, even as Wall Street waded through a flurry of both upbeat and unsettling headlines.
Illiquid loans, investor demands: Blue Owl's software lending triggers another quake in private credit
Blue Owl, a direct lender specializing in loans to the software industry, said it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value.
OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030
OpenAI told investors it's targeting roughly $600 billion in total compute spend by 2030, trying to clarify its plans after touting a $1.4 trillion figure.
Retail industry says Trump tariff reversal is a win, even as uncertainty remains
Clothing and footwear were among the imports most vulnerable to Trump's tariffs, which imposed steep rates on countries such as China and Vietnam.
Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma
Phil Spencer is retiring from Microsoft after joining the software company 38 years ago, and will be replaced by Instacart's former COO.
Treasury: Trump accounts sign up about 3 million kids in early push
Families have signed up about 3 million kids for Trump accounts, Treasury Secretary Scott Bessent said Friday.
Democrats rejoice in Supreme Court rebuke of Trump tariffs they have called illegal
President Donald Trump's tariff agenda took a blow Friday, prompting celebration from Democrats who have opposed his unilateral tariffs.
34-year-old spent $16K to start a side hustle, built it 20 minutes at a time—now her business brings in up to $90K a month
Julia Holden was in "survival mode" as a new mom when she started her business Sleepy Hat, a baby hat with an eye covering. Now, it brings in $90,000 a month.
U.S. trading partners cheer Supreme Court tariff ruling — but businesses must still navigate 'murky waters'
The U.S. Supreme Court voted 6-3 to strike down large parts of President Trump's tariff policies Friday.
How this 29-year-old made landline phones cool again—and brought in $789K last year selling them
People are nostalgic for a simpler time without smartphones, social media and AI. Cat Goetze is dialed in.