Steve Cohen says tariffs and DOGE’s cuts are negative for economy, market correction could be soon
The CEO of hedge fund Point72 turned bearish for the first time in a while due to punitive tariffs, immigration crackdown…
Economy
Apple unveils cheaper iPhone 16e powerful enough to run AI
The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this…
Walmart will report earnings before the bell. Here’s what to expect
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income…
Trump says he’s weighing giving 20% of DOGE savings to Americans
President Donald Trump revealed Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency…
Carvana expects another ‘strong’ year after topping fourth-quarter expectations
Carvana topped Wall Street's top- and bottom-line expectations for the fourth quarter, while guiding for another "strong" year in 2025.…
Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit
Chinese e-commerce titan Alibaba on Thursday beat expectations on top and bottom line in its December quarter, citing the strength ongoing strength…
This lesser-known tax strategy could help to reduce capital gains on your home sale
Selling your home can trigger capital gains taxes, but there are ways to reduce or eliminate your bill, experts say.…
China’s DeepSeek has taken the world by storm. Here are the brains powering the AI sensation
DeepSeek founder Liang has received the lion's share of media attention in recent weeks as his AI assistant ascended to…
Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’
Pershing Square's Bill Ackman hiked his takeover offer for Howard Hughes Holdings to create a "modern-day" Berkshire Hathaway. ...