Some Democrats back Trump pick Rubio for secretary of State but remain critical of Hegseth, Gabbard and Gorka

Trump vows an additional 10% tariff on China, 25% tariffs on Canada and Mexico

The president-elect plans to raise tariffs by an additional 10% on all Chinese goods coming into the U.S., according to a post on his social media platform Truth Social.

Published: 2024-11-26 04:56:31

U.S. stock and bond markets love Trump's pick of Bessent for Treasury — here's why

Trump said he will pick the Wall Street figure to take on his administration's most important economic role.

Published: 2024-11-25 19:52:51

Treasury yields fall as investors endorse Trump's Treasury secretary pick, await inflation data

U.S. Treasury yields were lower on Monday as investors weighed President-elect Donald Trump's Treasury secretary pick and awaited a key inflation reading.

Published: 2024-11-25 21:00:51

Gold plunges 3% as Trump Treasury pick and potential Israel-Hezbollah truce fuel risk-on mood

A potential Israel-Hezbollah ceasefire agreement and Bessent's appointment were the key contributors to the bullion selloff, experts said.

Published: 2024-11-26 03:22:07

Walmart pulls back on DEI efforts, removes some LBGTQ merchandise from website

The big-box retailer, the nation's largest, joins a growing list of companies feeling the heat from conservative activists.

Published: 2024-11-26 02:57:36

Video platform Rumble plans to buy up to $20 million in bitcoin in new treasury strategy

Conservative video platform Rumble said it will begin allocating some of its excess cash reserves to bitcoin and could buy up to $20 million in the crypto.

Published: 2024-11-26 01:47:37

Adani Group's troubles keep growing as financial and legal headwinds get stronger

Adina Group's troubles are only growing as financial and legal headwinds get stronger

Published: 2024-11-26 06:31:01

Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms

A number of high-profile American business leaders are in China this week for the country's second annual international supply chain expo, including Apple's Tim Cook.

Published: 2024-11-26 06:37:01

San Francisco Mayor-elect Daniel Lurie taps OpenAI's Sam Altman and other business leaders for help with transition

San Francisco's Mayor-elect, Daniel Lurie, has begun tapping tech heavyweights and business leaders to help with his goal of overhauling the city's image.

Published: 2024-11-25 21:44:44

Warren Buffett suggests all parents do one thing before they die, whether they have 'modest or staggering wealth'

Warren Buffett has advice for all parents, regardless of their wealth: let your adult children read your will before you sign it.

Published: 2024-11-25 20:14:16

Banana auction billionaire's $30 million investment in Trump's crypto token highlights new ways to enrich president-elect

Billionaire Justin Sun, who paid $6.2 million for a banana at auction, has invested $30 million into Donald Trump's crypto venture token.

Published: 2024-11-26 04:06:38

Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley Buchanan

Kohl's CEO Tom Kingsbury is stepping down on Jan. 15, to be replaced by current Michaels CEO Ashley Buchanan.

Published: 2024-11-25 21:43:24

Republicans gear up for the coming battle over $5 trillion tax cut's costs

Republicans are united on extending the 2017 tax cuts, but at odds on how to offset the cost.

Published: 2024-11-25 21:44:06

Zoom surpasses expectations and calls for another quarter of single-digit growth

Zoom's business is still growing, but not nearly at the rate of expansion during the Covid-19 pandemic.

Published: 2024-11-25 23:22:44

Here's why our lone energy stock is falling despite a surge in natural gas prices

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Published: 2024-11-25 19:21:10

Starbucks baristas can't view their schedules after ransomware attack on vendor

Starbucks baristas are not able to view and manage their schedules because of a ransomware attack on one of the company's vendors.

Published: 2024-11-25 20:56:37

Wall Street launches new ways to bet on bitcoin

Wall Street launches new trading tools to bet on the price of bitcoin

Published: 2024-11-25 20:14:00

Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion

"I've never wished to create a dynasty or pursue any plan that extended beyond the children," Buffett wrote in a lengthy letter Monday.

Published: 2024-11-25 16:19:43

Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says

The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.

Published: 2024-11-25 16:55:52

Barbara Corcoran 'isn't buying' that employees are more productive at home—but she embraces hybrid work anyway

Barbara Corcoran is skeptical that employees are more productive working from home. An expert says they are, especially when bosses prioritize connections.

Published: 2024-11-25 19:41:36

Macy's delays earnings release as it says employee hid up to $154 million in delivery expenses

Macy's delayed its results after it discovered an issue related to the reporting of delivery expenses.

Published: 2024-11-25 21:29:48

'Hamilton' star Anthony Ramos lived in New York City on $420 a week when the show first started: 'I was struggling'

One pivotal moment helped Grammy-winning actor Anthony Ramos realize he wasn't managing his money responsibly. Here's what he learned from it.

Published: 2024-11-25 19:23:17

Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand

Barcelona-based Mango is looking to elevate its brand amid a broad U.S. expansion that will include 60 new stores and a new logistics center.

Published: 2024-11-25 13:00:01

Bitcoin's march to $100,000 stalls. Here's what's keeping it below the milestone

Bitcoin is trading stubbornly below the $100,000 mark, putting the brakes on a blistering post-election rally.

Published: 2024-11-25 13:25:24

The auto industry is pulling back on its ‘capital junkie’ tendencies after unprecedented spending on EVs, self-driving

After years of spending capital freely on all-electric and autonomous vehicles, automakers are starting to pull back.

Published: 2024-11-25 13:06:01

'Do I have a trust fund?' Viral 'teenager texts' highlight how little some kids know about money

Chip Leighton's "teenager texts" on social media hilariously call out questions from kids to their parents, such as "Do I need to tip the eye doctor?"

Published: 2024-11-25 16:18:55

Russian food prices are soaring — but no one dares blame Putin and the war

Russian President Vladimir Putin has denied that Russia has exchanged "butter for guns" and blamed the price rises on "unfriendly" countries.

Published: 2024-11-25 14:49:39

27-year-old making $108,000: 'I thrift just about everything and it definitely has helped me save a lot of money'—my top 3 tips

Brooklyn Karasack started making outfits to wear to music festivals. Now she makes nearly all her clothes and primarily uses materials bought secondhand.

Published: 2024-11-25 19:22:27