Epstein files: Rep. Mace says she’ll call Trump Commerce chief Lutnick to testify
Rep. Nancy Mace's comments came before the House Oversight Committe was to question ex-President Bill Clinton about his connections to…
Category: Economy
UBS downgrades the U.S. stock market. Here’s what has the investment bank worried
UBS downgraded U.S. equities to benchmark in a fully invested global equity portfolio, saying factors that powered years of outperformance…
Core wholesale prices rose 0.8% in January, much more than expected
The core producer price index increased a seasonally adjusted 0.8%, more than the 0.6% gain in December. ...
Salesforce shares sink on mixed guidance as company commits $50 billion for buybacks
Salesforce posted accelerating growth and pushed up its long-range revenue target thanks to a recent acquisition. ...
Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren’t so sure
The Supreme Court decision to strike down Trump's tariffs has thrown fresh confusion over the raft of trade deals negotiated…
Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies
Investors had grown weary that the massive run-up in spending on AI hardware might not be sustainable, stoking fears of…
WBD says Paramount raised its bid to $31 per share, board will weigh offer against Netflix deal
If WBD deems the new Paramount offer superior, Netflix will have four days to improve its previously agreed-upon bid. ...
Software stocks rebound as Anthropic announces new partnerships
Cybersecurity and software names have sold off heavily in recent weeks as investors fretted about potential disruption from artificial intelligence.…
Jamie Dimon says AI is already reshaping JPMorgan Chase’s workforce as bank plans ‘huge redeployment’
JPMorgan, the world's biggest bank by market cap, has the industry's largest annual tech budget at nearly $20 billion, and…