business news
Trump extends pause on attacking Iran energy facilities to April 6
President Donald Trump on Thursday said that he was extending a pause in attacking Iran’s energy facilities by 10 days, to April 6, at the request of the government of the Islamic Republic. Trump’s announcement on Truth Social came as key stock market indices fell and oil prices rose. “As per Iranian Government request, please […]
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Apple expands U.S. manufacturing pledge, putting a third portfolio name under its umbrella
Apple is widening its push to expand manufacturing in the United States, adding several new partners, including Qnity Electronics , to the mix. It is a win-win for both Club companies and their investors. Apple on Thursday announced that chip-materials maker Qnity — along with Face ID component supplier Cirrus Logic , and sensor makers […]
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Meta boosts investment in West Texas AI data center by over sixfold to $10 billion
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is boosting its spending commitment on a forthcoming AI data center in West Texas by more than sixfold to $10 billion, with an aim […]
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Cramer: Meta is not the new tobacco, warns against selling over social media court rulings
The slump in Meta Platforms — exacerbated by two social media court defeats this week — could be setting up as a buying opportunity. Meta shares sank more than 8% on Thursday after a Los Angeles jury late Wednesday found the company (and Google’s YouTube) negligent in the case of a woman who alleged she […]
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Fannie Mae accepts first crypto-backed mortgage product
Fannie Mae will now accept crypto-backed mortgages via a new product by mortgage company Better Home and Finance and Coinbase. It’s not the first crypto backed mortgage, but it is the first accepted by Fannie Mae, which is under government conservatorship. The offering allows homebuyers to use their crypto assets as collateral. Fannie Mae will […]
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United Airlines, flight attendants reach labor deal for first raises since pandemic
United Airline flight attendants picketed outside Terminal B at Logan Airport, seeking a new contract. John Tlumacki | Boston Globe | Getty Images United Airlines and its flight attendant union have reached a tentative labor deal that will include their first raises in roughly six years. If ratified by flight attendants, it would make United […]
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Federal Reserve urges judge to deny bid to revive Jerome Powell probe subpoenas
Federal Reserve Chair Jerome Powell participates in a board meeting at the Federal Reserve on March 19, 2026 in Washington, DC. Kevin Dietsch | Getty Images The Federal Reserve’s Board of Governors urged a judge to reject prosecutors’ request that he reconsider his recent decision to block subpoenas issued in a criminal investigation of Chair […]
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Retail firms warn of price hikes if Iran war extends for months
Shipping containers are stacked at the port of Los Angeles in Long Beach, California, U.S., March 10, 2026. Caroline Brehman | Reuters Retail firms are warning that the conflict in the Middle East is driving up costs and could lead to price hikes if the war continues beyond the short term. Instability in the Middle […]
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Trump to Congress: End DHS shutdown or face ‘very drastic measures’
President Donald Trump at a cabinet meeting Thursday urged Congress to find a quick resolution to the Department of Homeland Security shutdown that’s leading to increasing headaches for air travelers. “They need to end the shutdown immediately, or we’ll have to take some very drastic measures,” Trump said from the White House. He didn’t describe […]
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Trump says Iran let 10 oil ships through Strait of Hormuz as ‘present’ to U.S.
Iran allowed a total of 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the United States, President Donald Trump said Thursday. Iran made the gesture to show the U.S. “the fact that we’re real and solid and we’re there,” Trump said during a Cabinet meeting. The comments […]
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