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The Latest Breaking News on Business

US Stocks Tumble Despite Historic Highs

US stocks faced a significant decline on Friday, driven by selloffs in Big Tech stocks and rising Treasury yields. Bitcoin also dropped after a late-year r...

Costco shuts down shareholders demand to ditch DEI hiring practices

Costco shuts down shareholders demand to ditch DEI hiring practices

‘Our Board has considered this proposal and believes that our commitment to an enterprise rooted in respect and inclusion is appropriate and necessary,’ Costco stated

The Independent UK

Xbox's new 'Sebile' controller breaks cover in this new patent, and we now know what the weird grippy "trousers" are for

Xbox's new 'Sebile' controller breaks cover in this new patent, and we now know what the weird grippy "trousers" are for

Sebile is the codename for a new Xbox controller, and this new patent details how the haptics will work, among other things.

Windows Central

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MAGA civil war may signal Musk "divorce"

Trump ally Laura Loomer accused Musk of throttling accounts that criticized his call for immigrant worker visas

Brazil Views Labor Violations At BYD Site As Human 'Trafficking'

Authorities in Brazil said Friday they are probing Chinese auto giant BYD and one of its contractors for suspected "trafficking" of Chinese workers building a factory in the South American country.

International Business Times

LKQ Corporation Stock: Is LKQ Underperforming the Consumer Discretionary Sector?

LKQ Corporation has underperformed the consumer discretionary sector over the past year, but analysts are highly optimistic about the stock’s prospects.

Is APA Corporation Stock Underperforming the S&P 500?

APA Corporation has significantly underperformed the S&P 500 over the past year, and analysts are cautious about the stock’s prospects.

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Is Insulet Stock Outperforming the Dow?

Is Insulet Stock Outperforming the Dow?

Insulet has outperformed the Dow recently, and analysts remain strongly optimistic about the stock’s prospects.

Boost your brain healthy by managing your own finances, study says

Boost your brain healthy by managing your own finances, study says

Memorizing math facts and managing your own finances can keep your mind sharp, new study says.

FTX Executives Shave Time Off Prison Sentences

FTX Executives Shave Time Off Prison Sentences

Former FTX executives convicted in a crypto fraud case see reductions in prison sentences. Salame's release date moved to March 1, 2031, and Ellison to Jul...

Target’s latest attempt to win back shoppers faces criticism

Target’s latest attempt to win back shoppers faces criticism

Some of the retailer's investors have issued a grim sales prediction.

Billionaire Stanley Druckenmiller Is Giving Up on Palantir Stock. Should You?

Billionaire Stanley Druckenmiller Is Giving Up on Palantir Stock. Should You?

The legendary fund manager sold most of his stake in PLTR in the third quarter, but savvy investors may be better off holding.

Crude Prices Close Lower on Soft US Labor Market News

Crude Prices Close Lower on Soft US Labor Market News

February WTI crude oil (CLG25 ) Thursday closed down -0.48 (-0.68%), and February RBOB gasoline (RBG25 ) closed down -0.0119 (-0.60%). Crude oil and gasoline prices Thursday gave up an early advance and closed moderately lower. Crude prices retreated after Thursday's report on weekly US jobless claims showed US continuing...

Nippon Steel-U.S. Steel Merger Poses No National Security Threat

The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.

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MAGA rips Musk call for foreign workers

The Tesla CEO argues the U.S. needs to court top talent after financing the loudest anti-immigration run in decades

Investors Business Daily

CrowdStrike Gets High Marks For Handling Crisis — But Issues Still Linger

CrowdStrike stock took a hit in July when the company caused a massive outage with a cybersecurity update. It seems to have recovered.

The Independent UK

Holiday shoppers increased spending by 3.8% despite higher prices

New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries

How Is MGM Resorts' Stock Performance Compared to Other Resorts & Casinos Stocks

Despite MGM Resorts’ recent underperformance relative to its industry peers, Wall Street analysts remain strongly optimistic about the stock’s prospects.

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International Business Times

Top 10 US States For Freelancers: Where Flexibility Meets High Pay

Find the US states with the highest average wages, the lowest taxes, and a booming gig economy that are ideal for freelancers. Find your perfect place by looking at the top 10 rankings.

International Business Times

Bitget Token: $BGB Ends Three-Year Drought, Surges Above $6

The Bitget exchange's native token has surged significantly this month, logging a new all-time high above $6 amid the exchange's big moves in recent weeks.

The Guardian - US

US business leaders set to break record on donations to Trump inaugural fund

Donations, not restricted by campaign finance laws, come as industries seek favor with incoming administration

A manufacturing renaissance is not easy

If it can return, we will be on our way to creating a smart, prosperous economy. But there are several hurdles

Wine industry grapples with being something only boomers like as younger consumers have 'mindshare of wine half that of their elders'

"Time is not on our side," reads Silicon Valley Bank’s 2024 State of the US Wine Industry. Only premium wines are selling, and only to boomers with money.

KeyCorp Stock: Is KEY Underperforming the Financial Sector?

KeyCorp has underperformed the financial sector over the past year, yet analysts remain optimistic about the stock’s prospects.

The Independent UK

Chinese automaker BYD slams reports of poor conditions at a factory site in Brazil

A spokesperson for Chinese automaker BYD has objected to reports about poor conditions at a construction site in Brazil where it is building a factory, saying the allegations were aimed at “smearing” China and Chinese brands

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