business news
Privacy is at the center of child safety accusations against Apple and Meta. Here’s why
Meta CEO. Mark Zuckerberg and Apple Inc. CEO, Tim Cook. Jon Putman | Anadolu | Al Drago | Bloomberg | Getty Images Tech’s child safety record is under a microscope. In legal proceedings spanning California, New Mexico and West Virginia this week, Meta CEO Mark Zuckerberg and Apple CEO Tim Cook are facing questions about […]
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Tax season presents a boom-or-bust test for U.S. auto sales
Customers near a Ford Maverick pickup truck at a Ford dealership in Richmond, California, US, on Wednesday, April 16, 2025. David Paul Morris | Bloomberg | Getty Images DETROIT – The strength of the U.S. automotive industry will face an early test this spring that has nothing to do with cars or trucks. With tax […]
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From ‘vanlords’ to safe parking sites: How RVs became Silicon Valley’s housing safety net
Parked along industrial streets, tucked behind warehouses and clustered in residential neighborhoods, thousands of Bay Area residents are living in one of the only forms of housing they can afford: RVs. Across California, the number of people living in vehicles has surged in recent years, as soaring rents and a chronic housing shortage have pushed […]
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Stocks making the biggest moves premarket: Grail, Blue Owl Capital, Opendoor Technologies & more
Check out the companies making headlines before the bell. Grail — Shares cratered 47% after the company said a trial of one of its drugs missed its primary endpoint and failed to show statistically significant Stage III-IV cancer reduction. Blue Owl Capital — Shares slid nearly 3%, a day after after the private market and […]
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The Tech Download: China’s AI surge — real threat or hype?
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Most of the world’s population could be running on a Chinese tech stack in five to 10 years, one analyst told CNBC’s “Squawk Box Europe” earlier this week. The U.S.’ “perceived monopoly” on tech and AI has been […]
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Trump could attack Iran in days — what’s at stake for the oil market
A full-blown war between the United States and Iran could, in a worst-case scenario, send oil prices soaring and cause an economic downturn. With a massive U.S. military buildup underway in the Middle East, President Donald Trump signaled Thursday that he will decide in the next 10 days whether to launch strikes against Iran. “This […]
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Bath & Body Works starts selling on Amazon as more brands embrace its logistics network
An assortment of Bath & Body Works products. Courtesy of Bath & Body Works Bath & Body Works Champagne Toast body wash, with no minimum shipping threshold, is now just a click away for Amazon Prime members. The mall-favorite brand is making some of its best-selling fragrances, body washes, hand soaps and candles available for […]
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Oil prices hit six-month highs after Trump warns Iran of ‘bad things’ if there’s no deal
US President Donald Trump speaks to reporters on Air Force One before taking off from Joint Base Andrews, Maryland on Feb. 19, 2026. Saul Loeb | AFP | Getty Images Oil prices hovered near six-month highs on Friday after U.S. President Donald Trump warned Iran that “really bad things” will happen if there was no […]
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‘Canary in the coal mine’: Blue Owl liquidity curbs fuel fears about private credit bubble
Blue Owl signage outside the Seagram Building at 375 Park Avenue in the Midtown East neighborhood of New York, US, on Tuesday, Jan. 20, 2026. Bing Guan | Bloomberg | Getty Images The private credit boom is facing a new test after Blue Owl Capital permanently restricted withdrawals from one of its retail-focused debt funds. […]
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The global bond market could be about to lose its ‘quiet stabilizer’ — and U.S. Treasurys are at the top of the exposure list
Japan’s longstanding role as the global bond market’s “quiet stabilizer” may be about to shift — and U.S. Treasurys could be first to get caught up in the fallout. Japanese investors and institutions are among the biggest foreign holders of sovereign debt. At the end of 2024, they were the top overseas holder of U.S. […]
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