Major tech companies dragged down stock indexes Monday. Plus: Nike shares surge after Jefferies raised its recommendation. Apollo Global Management plans to buy Bridge Investment Group for $1.5 billion. And Warren Buffett’s Berkshire Hathaway is sitting on a record pile of cash. Danny Lewis hosts.
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The Dow Jones Industrial Average lost nearly 900 points and the Nasdaq had its worst single-day decline since 2022. Plus: Tesla shares dropped, erasing post-election gains. And Novo Nordisk shares fel...
Plus, shares of Novo Nordisk fall after the company releases late-stage trial data of its experimental weight loss drug. Utah will become the first U.S. state to ban the use of fluoride in the public...
Plus: Former Bank of Canada and Bank of England governor Mark Carney is set to take over from Justin Trudeau as Canada’s prime minister. And, Foxconn builds its own AI model called FoxBrain. Kate Bull...
Following fresh jobs data for February, Federal Reserve Chair Jerome Powell signaled that the central bank is comfortable with its wait-and-see approach to interest rates. Plus: Broadcom shares jumped...
Plus, the U.S. added 151,000 jobs last month. And Canada’s decades-long litigation with Big-Tobacco ends. Zoe Kuhlkin hosts.
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Plus: President Trump signs an executive order to create a strategic bitcoin reserve. And another Starship spacecraft explodes during the latest SpaceX test flight. Luke Vargas hosts.
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Investors have been unnerved by frequent swings in President Trump’s tariff policies. Plus: shares of chipmaker Marvell Technology sank despite narrowly beating expectations. And Kroger shares rise as...
Plus, U.S. trade deficit grew 34% in January. Macy’s expects sales to fall again this year. And the European Central Bank cuts its key interest rate. Alex Ossola hosts.
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Plus: The Trump administration drafts an executive order aimed at abolishing the Education Department. And European leaders discuss boosting their defense spending. Luke Vargas hosts.
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The White House says some automakers will get a 30-day break from the new tariffs imposed on Canada and Mexico this week. Plus: Novo Nordisk launches a direct-to-patient delivery option for cheaper we...
Plus, the U.S. Supreme Court rejects the Trump administration’s bid to pause foreign aid payouts. And the Microsoft-OpenAI partnership gets antitrust clearance in the U.K. Alex Ossola hosts.
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Plus: The Senate votes to repeal a Biden-era crypto tax rule. And Goldman Sachs will target vice presidents in its next round of layoffs. Luke Vargas hosts.
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The new 25% tax on imports from North American neighbors went into effect this morning. Plus: stock in individual companies seen as vulnerable to tariffs, like Tesla and Best Buy, dropped more sharply...
Plus: Canada and Mexico announce plans for countermeasures and China set retaliatory tariffs on U.S. farm goods. And a consortium of investors led by BlackRock strikes a $22.8 billion deal for majorit...
Plus: Ottawa and Beijing respond after President Trump’s tariffs on goods from Mexico, Canada and China take effect. And Walgreens nears a deal to go private.
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Trump said 25% import taxes on goods from Canada and Mexico will go into effect on Tuesday. Plus: investors turned to gold, silver and copper amid concerns about unstable markets. And Kroger stock fel...
Plus: Kroger’s CEO resigns following a board investigation into his personal conduct. President Trump and TSMC are expected to announce a $100 billion investment in the U.S. Pierre Bienaimé reports....
Plus: Chinese buyers get around U.S. export controls to order Nvidia’s latest AI chips. And, Shell explores the potential sale of its European and U.S. chemical assets. Luke Vargas hosts.
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Markets see-sawed after a new forecast suggests U.S. GDP could decline this quarter, alongside a tense meeting between President Trump and Ukraine’s Volodymyr Zelensky. Plus: Nvidia shares regain some...
Plus, Ukrainian President Volodymyr Zelensky visits the White House in an attempt to reset his relationship with President Trump. And the Fed’s preferred gauge of inflation moderated slightly in Janua...
Plus: KPMG is set to become the first Big Four firm to open a law practice in the U.S. And, Trump officials struggle to keep pace with the president’s tariff onslaught. Luke Vargas hosts.
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Investors continue to digest the new administration's plans on tariffs and federal spending cuts. Plus: Nvidia shares continue to fall after the company reported forecast-beating results. And Federal...
Plus, Amazon shows off its first chip for quantum computing. And a mysterious disease linked to bats has already killed 60 people in the Democratic Republic of Congo. Alex Ossola hosts.
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Plus: President Trump revokes a Biden-era license allowing Chevron to produce oil in Venezuela. And, European shares fall on Trump’s EU tariff threat. Luke Vargas hosts.
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President Trump said he is considering 25% tariffs on goods from the European Union. Plus: stock in Outback Steakhouse’s parent company fell to its lowest point since 2020 after it projected declining...
Plus, drugmaker Eli Lilly plans to invest $27 billion in new U.S. plants. Ukrainian President Zelensky says many details of the minerals deal with the U.S. remain unresolved. Iran has enough highly en...
Plus: Budweiser brewer AB InBev scores market-share gains in the U.S. And, copper prices rise as White House officials mull imposing tariffs on the metal. Luke Vargas hosts.
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President Trump’s proposed tariff policies also contributed to the largest monthly decline in U.S. consumer sentiment in three years. Plus: Home Depot shares rose after beating expectations. And Hims...
Plus, Taiwan detains ship and Chinese crew after undersea cable was severed. And Eli Lilly offers higher doses of its obesity-drug Zepbound through its direct-to-consumer business. Anthony Bansie host...
Plus: Unilever’s chief executive makes a surprise exit. And, AI company Anthropic is finalizing a new funding round that values the company at $61.5 billion. Luke Vargas hosts.
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