Day: August 19, 2025
S&P 500 futures are little changed as investors await retail earnings, Fed minutes: Live updates
Private equity stocks languish in August President Donald Trump’s move to grant savers greater access to alternative assets in 401(k) plans hasn’t been enough to spare private equity stocks from a rocky August. Blackstone, KKR, Apollo and Ares Management are on pace to snap multi-month winning streaks. All four of the names are down between […]
Read More
Trump vows to target ‘woke’ museums with same playbook used on Columbia, Harvard
The Smithsonian Institution’s National Museum of American History is seen from the Washington Monument on June 19, 2025 in Washington, DC. Kevin Carter | Getty Images President Donald Trump on Tuesday said he has ordered his lawyers to snuff out what he calls “woke” content at museums by copying the playbook his administration is using […]
Read More
Healthy Returns: New study casts doubts on RFK Jr.’s reasons for gutting key vaccine panel
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. speaks as he attends a press conference with Centers for Medicare and Medicaid Services Administrator Mehmet Oz to discuss health insurance reform, at the Department of Health and Human Services in Washington, D.C., U.S., June 23, 2025. Kevin Mohatt | Reuters A version of […]
Read More
Palantir stock slumps 9%, falling for a fifth straight day from record
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025. Andrew Caballero-reynolds | Afp | Getty Images Palantir‘s stock slumped more than 9% on Tuesday, falling for a fifth straight day to continue its pullback from all-time highs. […]
Read More
From sweet treats to protein boosts, chains are banking on beverages to drive sales
If it feels like there are a lot of new drinks on restaurant menus, it’s because there are. Driven by younger consumers who crave customized, cold beverages, chains from Dunkin’ to Dutch Bros, Starbucks and McDonald’s are answering the call. The number of beverages offered by the top 500 chains has increased by more than […]
Read More
Databricks says it’s valued at over $100 billion in latest funding round
Ali Ghodsi, CEO of Databricks speaks on CNBC. CNBC Databricks has just entered an exclusive club. The data analytics software vendor said Tuesday that it’s raising a funding round that values the company at over $100 billion. That would make Databricks just the fourth private company to eclipse the $100 billion mark, following SpaceX, ByteDance […]
Read More
Chinese national living in U.S. gets 8 years in prison for smuggling weapons, tech to North Korea
Photos of a gun and parts of military electronics that were found on Shenghua Wen’s phone, according to the U.S. Department of Justice. Courtesy: U.S. Department of Justice A Chinese national living in the U.S. was sentenced to eight years in prison for conspiring to illegally smuggle guns, ammunition and sensitive U.S. technology to North […]
Read More
‘Stranger Things’ creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance
Matt Duffer and Ross Duffer attend “Stranger Things” and Award Presentation To The Duffer Brothers (Variety Showrunner Award) during Day 1 of the 13th SCAD TVfest on February 05, 2025 in Atlanta, Georgia. Paras Griffin | Getty Images Entertainment | Getty Images The masterminds behind the hit Netflix series “Stranger Things” have inked a new […]
Read More
Trump expands 50% steel and aluminum tariffs to include 407 additional product types
U.S. President Donald Trump walks with North American Flat-Rolled Segment Senior Vice President and Chief Manufacturing Officer Scott Buckiso, Plant manager of Irvin and Fairless Plant Donald German and Mon Valley Works United Steel Corporation Vice President Kurt Barshick, as he visits U.S. Steel Corporation–Irvin Works in West Mifflin, Pennsylvania, U.S., May 30, 2025. Leah […]
Read More
Stocks making the biggest moves midday: Home Depot, Intel, Viking Therapeutics, Nvidia and more
These are some of the stocks making the biggest moves during midday trading: Viking Therapeutics — Shares tumbled 42% after phase 2 trial results showed Viking’s experimental oral obesity drug had more side effects than expected. About 20% of the patients in the trial quit using the drug due to symptoms such as nausea and […]
Read More