business news
Broadcom set to report earnings after the bell
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on September 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom is set to report fiscal first-quarter results after market close on Wednesday. Here’s what analysts polled by LSEG are expecting: Earnings per share: $2.03 adjusted Revenue: $19.18 billion At that […]
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Trump officially nominates Kevin Warsh as Fed chair to replace Jerome Powell
Kevin Warsh, former governor of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Spring meetings at the IMF headquarters in Washington, DC, US, on Friday, April 25, 2025. Tierney L. Cross | Bloomberg | Getty Images President Donald Trump on Wednesday officially nominated Kevin Warsh to be the next chairman […]
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Iran war and your portfolio: The historical stock market patterns investors should know
Andriy Onufriyenko | Moment | Getty Images The escalating war in the Middle East jolted the stock market on Tuesday — a reaction that history suggests is common after a global shock, but often not lasting. While the market rebounded Wednesday morning, the Standard & Poor’s 500 index, a broad measurement of how U.S. companies’ […]
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Talarico wins Texas Senate Democratic nomination while Cornyn and Paxton head to Republican runoff
State Rep. James Talarico topped Congresswoman Jasmine Crockett in an expensive and fiercely contested Texas Senate Democratic primary that once again has the party dreaming of a big upset in November. Who Talarico will face depends on a May runoff between longtime Republican Sen. John Cornyn and MAGA favorite Ken Paxton — a race expected […]
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Oil price surge eases after Bessent pledges support for oil trade during Iran war
Oil prices held steady Wednesday, after Treasury Secretary Scott Bessent said the Trump administration will provide support to oil tankers transiting the Persian Gulf and announce more measures in the coming days. U.S. crude oil rose 12 cents, or 0.16%, to $74.68 per barrel by 9:46 a.m. ET. Global benchmark Brent was up 37 cents, […]
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Apple announces MacBook Neo, its first budget laptop in over a decade
Apple MacBook Neo Source: Apple Inc. For years, the cheapest way into the Mac lineup was a $999 laptop. On Wednesday, Apple cut that price nearly in half. The company unveiled the MacBook Neo, a colorful, lightweight laptop powered by an iPhone-grade chip. The launch caps a three-day hardware blitz that has already seen refreshes […]
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Trump sides with crypto firms in trillion-dollar battle with banks over stablecoin yield
US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC. Mandel Ngan | Afp | Getty Images President Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over […]
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Defense tech companies are dropping Claude after Pentagon’s Anthropic blacklist
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Following the Trump administration’s decision on Friday to blacklist Anthropic and designate its technology a supply chain risk, defense tech companies are telling employees to […]
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Disney launches its Adventure cruise ship — a new foothold in Southeast Asia
Disney’s cruise line is going big in Asia. This month, the company’s eighth and largest ship, the Disney Adventure, will embark on its maiden voyage, carrying passengers on three- and four-night journeys at sea from its berth in Singapore. The vessel accommodates a whopping 6,700 passengers, around two-thirds more capacity than Disney’s Wish class ships, […]
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Bessent says global 15% tariff starts this week, predicts Trump duties will return to old levels later this year
President Donald Trump’s recently announced 15% global tariff will likely be implemented sometime this week, rising from its current rate of 10%, Treasury Secretary Scott Bessent said on Wednesday. Bessent also predicted that U.S. tariff rates would, by August, effectively return to where they stood before the Supreme Court recently struck down the often-steeper duties […]
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