business news
Asia markets open mostly higher after S&P 500 hits record, South Korea pushes fresh highs
Melbourne, Australia Kieran Stone | Moment | Getty Images Asia-Pacific markets opened mostly higher on Wednesday, tracking gains on Wall Street after the S&P 500 closed at a record high. The broad market index gained 0.41% to finish at 6,978.60, supported by gains in Apple and Microsoft. Asian markets mostly extended Tuesday’s gains, with Australia’s S&P/ASX 200 climbing […]
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Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees
The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees. […]
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Canada’s Carney to Trump: ‘I meant what I said in Davos’
Canada’s Prime Minister Mark Carney speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, Jan. 27, 2026. Patrick Doyle | Reuters Canadian Prime Minister Mark Carney on Tuesday denied Treasury Secretary Scott Bessent’s claim that, in a private call with President Donald Trump, he had backtracked on some […]
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Dollar suffers worst one-day slide since last April after Trump says currency hasn’t fallen too low
Key Points The U.S. dollar fell about 1.3% on Tuesday, posting its worst day since April 10, 2025. It touched its lowest level since February 2022. During his visit to Iowa, President Donald Trump was asked whether he was comfortable with the current value of the greenback. “I think it’s great,” Trump said of the […]
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Stocks making the biggest moves after hours: Texas Instruments, Seagate Technology, Qorvo and more
Check out the companies making headlines in after-hours trading. Texas Instruments — The chipmaker jumped more than 9% after issuing better-than-expected guidance for the first quarter. Texas Instruments now sees earnings per share of between $1.22 and $1.48, and revenue between $4.32 billion and $4.68 billion. Analysts expected earnings of $1.26 per share on $4.42 […]
Read MoreAppLovin demands short-seller CapitalWatch retract ‘conspiratorial’ report
Jakub Porzycki | Nurphoto | Getty Images AppLovin sent a cease and desist letter to CaptialWatch Monday, claiming the short-seller’s report that the company “serves as a ‘digital laundromat’ for criminal syndicates” is defamatory and baseless. “Your respective ‘reports’ contain numerous absurd and demonstrably false statements of purported fact about AppLovin,” the letter states, calling […]
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Read the memo: Amazon’s grocery boss details restructuring, says more ‘deliberate’ strategy needed
On Monday, Amazon’s chief merchant, John Farrell, announced in a LinkedIn post that he’s leaving the company to “explore new challenges.” Farrell oversaw buying for its Fresh division and joined Amazon in 2019 from British supermarket chain Tesco. Amazon is reshaping its grocery business as it continues its nearly two-decade effort to become a giant […]
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Anthropic closes latest funding round above $10 billion and could go higher, sources say
CEO and Co-Founder of Anthropic Dario Amodei speaks during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Anthropic has closed its latest funding round above the initial $10 billion target at a $350 billion valuation, CNBC confirmed on Tuesday. The round closed at a total […]
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House Democrats tell Trump to fire DHS chief Noem or they will start impeachment proceedings against her
House Minority Leader Hakeem Jeffries (D-NY) speaks at a press conference with other House Democrats at the U.S. Capitol in Washington, DC on Jan. 22, 2026. Nathan Posner | Anadolu | Getty Images House Democratic leaders on Tuesday threatened to begin impeachment proceedings against Department of Homeland Secretary Kristi Noem if President Donald Trump does […]
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What investors piling into gold and silver can learn from King Henry VIII
While the “debasement trade” is in vogue again, Deutsche Bank thinks there are takeaways for investors dating back at least more than five centuries. Precious metals are off to a hot start for the year after a surge in 2025, with gold crossing the $5,000 mark on Monday and silver up more than 50% in […]
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