Hedge funds, ETFs dump over $40 billion in stocks after Trump tariff shock
Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of stocks at a breakneck pace, ...
Exclusive: TikTok deal put on hold after China indicated it would reject deal over tariffs, say sources
A deal to spin off the U.S. assets of TikTok was put on hold after China indicated that it would not approve the deal ...
Sweden's Klarna pauses US IPO plans as tariffs roil markets, sources say
Swedish fintech Klarna has paused its plans for a U.S. initial public offering as President Donald Trump's sweeping tariffs ...
Oil dives nearly 8% to lowest since pandemic on China's retaliatory tariffs
Oil prices plunged nearly 8% on Friday, heading for their lowest close since the middle of the pandemic in 2021, as China ...
Exclusive: SpaceX, ULA to clinch multibillion-dollar Pentagon launch contract
Elon Musk's SpaceX and United Launch Alliance are expected to each win a U.S. Space Force rocket launch contract on Friday ...
Venezuelan released from ICE detention to donate kidney to ailing brother
A Venezuelan man was released from U.S. Immigration and Customs Enforcement (ICE) detention after one month so that he could ...
Trump administration drops Biden's proposal of Medicare weight-loss drug coverage
The Centers for Medicare & Medicaid Services said on Friday that it did not move forward with a proposal put forth by the ...
Trump Tariffs Live: Wall Street rout extends as bank stocks plunge globally
Federal Reserve Chair Jerome Powell said uncertainty is high. U.S. stocks extended already deep losses on his remarks.
Fed's Powell says larger-than-expected tariffs likely to boost inflation, slow growth
President Donald Trump's new tariffs are "larger than expected," and the economic fallout including higher inflation and ...
Law firms back Perkins Coie lawsuit against punitive Trump order
More than 500 law firms have signed a court brief denouncing Donald Trump's targeting of Perkins Coie and other firms, ...
US Supreme Court backs Trump on teacher training grant cuts
The U.S. Supreme Court allowed President Donald Trump's administration to proceed with millions of dollars of cuts to teacher ...
TRADING DAY Trump tariffs wipe $5 trillion off Wall Street
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