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The Latest Breaking News on Business

Trump hints at automobile levies and exemptions on reciprocal tariffs

US President Donald Trump indicated that he would impose auto tariffs in the coming days, alongside a possibility of granting exemptions for some countries based on reciprocal tariffs. The comments triggered a sharp rebound in the US stock markets as investors expected a softened tariff stance.

Stocks Set to Open Lower as Investors Await U.S. Economic Data and Fed Speak

Stocks Set to Open Lower as Investors Await U.S. Economic Data and Fed Speak

June S&P 500 E-Mini futures (ESM25) are down -0.18%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.29% this morning, pointing to a slightly lower open on Wall Street after yesterday’s rally, while investors await a raft of U.S. economic data as well as remarks from Federal Reserve officials.

There's Nothing Novel About the DoorDash-Klarna Collaboration

Consumers have long paid for daily goods with loans.

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How Is Ameren's Stock Performance Compared to Other Infrastructure Stocks?

Ameren has outperformed other infrastructure stocks over the past year, and analysts maintain a reasonably optimistic outlook on its future potential.

Is Tyson Foods Stock Underperforming the S&P 500?

Tyson Foods has lagged behind the broader S&P 500 Index over the past year, but analysts are cautiously upbeat about the stock’s prospects.

Tesla trade-ins reach record high amid Musk’s slash-and-burn of federal government

Tesla faces competition from other EV brands while grappling with political backlash to CEO’s White House ties

The Independent UK

Anthropic CEO envisions AI hitting an "I quit" button for unpleasant requests — Copilot says all requests have their charm

Amodei claims AI might eventually get an "I quit this job" button for unpleasant tasks, though he admits the idea may make his "sound crazy."

Windows Central

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Dollar Climbs With T-note Yields

Dollar Climbs With T-note Yields

The dollar index (DXY00 ) Monday rose by +0.19% and posted a 2-week high. The dollar moved higher on Monday on signs of strength in the economy after the Mar S&P Global Services PMI index and Feb Chicago Fed national activity index rose more than expected. Also, higher T-note yields...

Crude Prices Rise as President Trump Threatens Tariffs on Countries Buying Venezuelan Crude

Crude Prices Rise as President Trump Threatens Tariffs on Countries Buying Venezuelan Crude

May WTI crude oil (CLK25 ) Monday closed up +0.83 (+1.22%), and May RBOB gasoline (RBK25 ) closed up +0.0117 (+0.53%). Crude oil and gasoline prices on Monday settled moderately higher, with crude posting a 3-week high. Crude prices rallied Monday after President Trump announced a 25% secondary tariff on...

Nat-Gas Prices Weighed Down by Warm US Spring Temps

Nat-Gas Prices Weighed Down by Warm US Spring Temps

April Nymex natural gas (NGJ25 ) on Monday closed down -0.066 (-1.66%). April nat-gas prices on Monday fell to a 3-week low and settled moderately lower on the outlook for warm early spring temperatures to reduce heating demand for nat-gas. Commercial forecaster Maxar Technologies said forecasts shifted warmer from the...

Hudson’s Bay liquidation: What happens when a company goes bankrupt?

Hudson’s Bay liquidation: What happens when a company goes bankrupt?

An Ontario court has approved the liquidation of nearly all Hudson’s Bay Company’s stores, marking the end of Canada’s oldest company, which has been in operation for 355 years. The liquidation is set to begin March 24, and will continue until June 15, leaving only six stores in operation.

The Conversation

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession

"The tepid pace of home sales can not be blamed on a recession," Wells Fargo economists wrote.

'Should I Delete My 23andMe Data?': What Happens If You Don't and Why The Company's Gone Bankrupt

'Should I Delete My 23andMe Data?': What Happens If You Don't and Why The Company's Gone Bankrupt

As 23andMe files for bankruptcy, experts urge users to delete their DNA data amid fears it could be sold to new buyers under relaxed privacy terms.

International Business Times UK

Genetic Testing Firm 23andMe Files For Bankruptcy

Genetic Testing Firm 23andMe Files For Bankruptcy

Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers gained access to millions of profiles. 23andMe, which sells a mail-back saliva test to determine ancestry or certain health-related genetic traits for less than $200, said late Sunday that it…

International Business Times

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Stellantis Paying Employees Up to $72,000 to Quit

Certain Stellantis employees in the United States could earn a big payout if they quit in the coming weeks. The automaker is offering hourly UAW employees up to $72,000 and six months of medical benefits if they take the offer.

American genetic testing firm 23andMe files for bankruptcy as orders fall

The company announced the decision late on Sunday amid concerns about the security of millions of customers' genetic data.

The Independent UK

23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns

23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs

23andMe users urged to delete their data as company files for bankruptcy

The California Attorney General is urging 23andMe users to ask the company to delete their data and destroy any samples of genetic material.

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The European Commission Is Assaulting American Tech Companies

Meta, Apple, Microsoft, and others have all faced legal action from the European Union in recent years.

This company does peer performance reviews—And then lets everyone read each other's evaluations

It may seem radical but employees say it’s helped them improve their ability to provide constructive feedback.

The Independent UK

23andMe files for bankruptcy in US after data hack and heavy financial losses

The company’s CEO has also resigned with immediate effect

3 ETFs to Ride the VIX Surge During Market Volatility

With investor uncertainty comes an opportunity to invest in ETFs targeting the VIX—the fear index—although these funds carry unusual risks.

Millennial and Gen Z credit scores are the latest sign of the 'vibecession.' Their credit scores will keep going up, Open Credit, TransUnion report shows

This could be a good sign for borrowers since lenders have historically been “hesitant” to extend loans to thin-file or low-credit consumers.

Economic Growth Data, PMI Reports and Other Can't Miss Items this Week

Last week saw markets navigate the triple witching expiration amid continued focus on trade tensions and the Federal Reserve's latest policy projections. Here are 5 things to watch this week in the Market.

The Guardian - UK

DNA testing firm 23andMe files for bankruptcy as CEO steps down

Co-founder Anne Wojcicki to pursue independent bid as California attorney general tells users to delete data

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