Trump administration equity stakes pose risks to U.S. companies and markets
The Trump administration's growing portfolio of direct investments is unprecedented outside an economic crisis or wartime. ...
Category: Economy
Hims & Hers pulls copycat weight-loss pill after threats of legal action
Hims & Hers on Saturday announced it would stop offering its copycat of the weight-loss pill Wegovy after threats of…
Automakers largely sit out 2026 Super Bowl advertising amid industry uncertainty
Automakers are largely sitting on the advertising sidelines during this year's Super Bowl amid broader uncertainty in the U.S. automotive…
Trump takes down racist Truth Social post showing Obamas as apes after blowback
The depiction of the Obamas, posted from Trump's Truth Social account, was included in a video pushing a conspiracy theory…
Amazon plunges 9%, continues Big Tech’s $1 trillion wipeout as AI bubble fears ignite sell-off
Microsoft, Nvidia, Oracle, Meta, Amazon and Alphabet all saw their shares fall in the week up to the market close…
Bitcoin gets slashed in half. What’s behind the crypto’s existential crisis
Bitcoin nearly grazed $60,000 on Thursday as investors shied away from the asset due to growing concerns over its utility.…
World’s largest jeweler jumps as CEO says firm wants to pivot from silver
Pandora, the world's largest jeweler by volume, rose in morning trading after the company addressed investor concerns about its reliance…
Paul Weiss chairman Brad Karp resigns after Jeffrey Epstein email disclosures
The Department of Justice last week released millions of documents related to the notorious sex offender Jeffrey Epstein. ...
Sweden’s Volvo Cars on track for worst trading day ever as shares plunge over 18%
The Sweden-based automaker posted a substantial drop in fourth-quarter profit, citing tariffs, currency effects and weak demand. ...