Year: 2025
All 67 victims in D.C. plane collision recovered, officials say
Family members visit the crash site on the banks of the Potomac River, where American Airlines flight 5342 collided with a US Army military helicopter, at Ronald Reagan Washington National Airport in Arlington, Virginia, on February 2, 2025. Tasos Katopodis | Getty Images News | Getty Images All 67 victims in last week’s deadly collision […]
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The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth
Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty Images A complicated scenario is emerging surrounding the tariff drama that could put the Federal Reserve in an uncomfortable Catch-22, unsure whether to use its policy levers to tame inflation or boost growth. With many […]
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Stripe closes $1.1 billion Bridge deal, prepares for aggressive stablecoin push
Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images SAN FRANCISCO — What started as a casual roundtable at Stripe’s headquarters to discuss issues facing fintech companies turned into a billion-dollar acquisition that could become a defining moment for the industry. […]
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Healthy Returns: Why people quit weight loss, diabetes drugs within one year
Packages of weight loss drugs Wegovy, Ozempic and Mounjaro. Picture Alliance | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Happy Tuesday! Most people quit a highly popular class of weight loss and […]
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Amazon to face legal action after Quebec warehouse closures trigger mass layoffs
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022. Graham Hughes | Bloomberg | Getty Images Amazon is set to face legal action from a Canadian union after the company’s decision to wind down warehouse operations in Quebec. The Federation of National Trade Unions, known […]
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StockStory: A software stock with a bright future riding cybersecurity and edge computing trends
This is one of the stock profiles of StockStory , a fintech investing company seeking to identify long-term ideas that beat the market using an AI-driven approach. Cloudflare (NET) is a software as a service (SaaS) company that got its start by enhancing the speed and security of websites and applications. It has since evolved […]
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Walmart’s latest acquisition is a shopping mall in Pennsylvania
A Walmart Supercenter during Walmart’s multiweek Annual Deals Shopping Event in Burbank, California, on Nov. 21, 2024. Allen J. Schaben | Los Angeles Times | Getty Images Walmart is now a mall owner. On Tuesday, the big-box retailer confirmed that it bought Monroeville Mall, which is roughly 12 miles east of Pittsburgh. In a statement, […]
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JPMorgan says U.S.-China trade war will escalate, bar is too high for truce
There’s no relief in sight for the U.S.-China tariff war, according to JPMorgan. In fact, the conflict over trade between the world’s two largest economies is probably poised to escalate, the bank said. Investors hoping for a truce between the Trump administration and China similar to that declared by Mexico and Canada on Monday are […]
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Trump administration sued over Jan. 6 information requests, health data scrubbing
The Trump administration was sued Tuesday in separate civil complaints challenging a request for information about FBI employees who worked on cases involving President Donald Trump and the Jan. 6 Capitol riot, and the removal of data from federal health agency websites. The lawsuits are the latest in a growing number of legal salvos seeking […]
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Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet
Boeing spacecraft Starliner is seen from the window of SpaceX’s Dragon capsule “Endeavour” on July 3, 2024, while docked with the International Space Station during the crew flight test. NASA Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned […]
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