World
Judge blocks Trump administration from cutting research funding after 22 states sue
A federal judge temporarily halted the Trump administration’s radical changes to how the National Institutes of Health pays for biomedical research, putting on hold a plan to slash research funding paid out by the federal government. Twenty-two state attorneys general filed a lawsuit Monday against the plan, which would limit how it pays out universities and […]
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A complete guide to value investing — how Warren Buffett made his money
Warren Buffett has long been a proponent of value investing — and those principles have helped him amass a personal fortune of around $150 billion . It’s an investing approach that means taking the long view, holding your nerve and avoiding risky behavior — philosophies Buffett learned from economist Benjamin Graham’s 1949 book, “The Intelligent […]
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Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk, chief executive officer of Tesla Inc., ahead of the 60th presidential inauguration parade at Capital One Arena in Washington, DC, US, on Monday, Jan. 20, 2025. Victor J. Blue | Bloomberg | Getty Images Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The […]
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Markets pricing in only one rate cut this year as fears grow that tariffs will spark inflation
As investors grow more concerned about tariffs and the effect they could have on inflation, they are lowering their expectations even further for interest rate cuts out of the Fed this year. President Donald Trump is moving quickly to establish duties against the largest U.S. trading partners. Even with tariffs postponed against Canada and Mexico, […]
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Trump gets high approval ratings for his first weeks, new CBS poll finds
Football – NFL – Super Bowl LIX – Philadelphia Eagles v Kansas City Chiefs – Caesars Superdome, New Orleans, Louisiana, United States – February 9, 2025 U.S. President Donald Trump salutes before the game Evelyn Hockstein | Reuters President Donald Trump received one of his highest job approval ratings in his decade-long political career, after […]
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Wall Street is souring on ‘Magnificent 7’ stocks after group’s worst earnings season since 2022
The “Magnificent Seven,” once Wall Street’s indisputable stalwart, is losing its shine with investors. The group — made up of Apple , Microsoft , Alphabet , Amazon , Nvidia , Meta Platforms and Tesla — led the market higher in the past few years amid growing investments around artificial intelligence. In the past 12 months, […]
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What the end of the penny means for the economy, your piggy bank, and the way America prices items
Talk to end the penny’s production has been bandied about for decades among government officials and economists. However, the talk became policy when, over the weekend, President Donald Trump ordered the Treasury to stop minting new pennies. “For far too long the United States has minted pennies which literally cost us more than 2 cents. This […]
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Trump, Musk actions put America at risk of ‘a form of default,’ former Treasury chiefs warn
Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | Reuters Five former Treasury secretaries warned Monday that recent actions at the Treasury Department by Trump administration officials and Elon Musk’s DOGE team raise “substantial cause for […]
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Buy Nvidia for a trade into earnings later this month, says Evercore ISI
Nvidia is set to report earnings in just more than two weeks, and one firm is getting bullish despite the stock’s recent losses in the wake of developments from Chinese artificial intelligence startup DeepSeek. On Monday, Evercore ISI added the chip giant to its tactical outperform list in the lead-up to the company’s results due […]
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Canada’s TD Bank to exit Charles Schwab stake worth $15.4 billion
A pedestrian walks by a Charles Schwab office on November 25, 2019 in San Francisco, California. Justin Sullivan | Getty Images Toronto-Dominion Bank announced on Monday it will exit from the 10.1% stake it has in financial services firm Charles Schwab, as part of a strategic review undertaken by the Canadian lender following a landmark […]
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