Year: 2025
Buy now, pay later lender Klarna files for U.S. IPO
Pedestrians walk by an advertisement for Klarna. Daniel Harvey Gonzalez | In Pictures via Getty Images Klarna, a provider of buy now, pay later loans filed its IPO prospectus on Friday, and plans to go public on the New York Stock Exchange under ticker symbol KLAR. Klarna, headquartered in Sweden, hasn’t yet disclosed the number […]
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Elon Musk’s SpaceX, Tesla lobby Trump trade rep on tariffs
Tesla CEO Elon Musk looks on next to U.S. President Donald Trump talking to the media, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters Two companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the U.S. trade representative on Trump […]
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A big markets week lies ahead that could determine whether this correction turns into a bear
The roller coaster ride that is the stock market lately is unlikely to come to an end anytime soon, with investors desperate for any clarity on the macroeconomic picture that could put a bottom in for equity prices. Wall Street is headed for a big week ahead, with economic data set to be scrutinized by […]
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Block bets on lending expansion after stock slump
In this photo illustration, the logo for the US tech firm “Block” is displayed and reflected in a number of digital screens on March 03, 2023 in London, England. Leon Neal | Getty Images With its stock down more than 30% this year and revenue growth slowing, Jack Dorsey’s Block is going bigger in lending. […]
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Apple had an ugly week. Here’s why it’s worth buying, investor Nancy Tengler says
Apple’s terrible week could be a buying opportunity for investors, according to Nancy Tengler, chief executive officer and chief investment officer at Laffer Tengler Investments. Tengler, an investor known for her “old economy” stock plays, appeared on CNBC’s “Power Lunch” on Friday to give her hot takes on some of the market’s biggest movers. Here […]
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Stock market moves since Trump’s election
Major U.S. indexes and DJT stock performance since election day. Source
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‘America is not Canada,’ new Prime Minister Mark Carney says in rebuke to Trump
Canada’s new Prime Minister Mark Carney, with members of his government standing behind him, speaks during a press conference following a swearing-in ceremony of the new Canada’s government in Ottawa, Ontario, Canada, March 14, 2025. Blair Gable | Reuters Canada’s new prime minister quickly rebuked President Donald Trump on Friday of the idea that his […]
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David Sacks sold $200 million in crypto-related holdings before taking White House job, ethics memo says
U.S. President Donald Trump sits next to Crypto czar David Sacks at the White House Crypto Summit at the White House in Washington, D.C., U.S., March 7, 2025. Evelyn Hockstein | Reuters David Sacks, the Trump administration’s AI and crypto czar, sold over $200 million worth of digital asset-related investments personally and through his firm, […]
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Trump CMS nominee Dr. Oz won’t commit to opposing Medicaid cuts
Dr. Mehmet Oz, President Donald Trump’s pick to lead the agency in charge of massive government-run health insurance programs, on Friday declined to commit to opposing future cuts to Medicaid when directly asked if he would do so. Instead, the nominee for administrator of the Centers for Medicare & Medicaid Services said that the way […]
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Ray Dalio and Salesforce’s Benioff on AI, trade wars and new world order
Recorded at CNBC’s CONVERGE LIVE event in Singapore, Sara Eisen speaks to industry titans, Ray Dalio of Bridgewater Associates and Salesforce CEO Marc Benioff, who appear on stage together for the first time. On the economic challenges facing the US, Bridgwater Associates Founder Ray Dalio explained “they have to sell a quantity of debt that […]
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