U.S. Economy
Big Tech sees over $1 trillion wiped from stocks as fears of AI bubble ignite sell-off
Big Tech companies have seen over $1 trillion wiped from their market cap over the past week, as fears over AI spending sparked a sell-off. Microsoft, Nvidia, Oracle, Meta, Amazon and Alphabet all saw their shares fall in the week up to market close on Thursday, as the companies’ earnings reports signaled huge continued capex […]
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India is reportedly ‘ready’ buy up to $80 billion in Boeing aircraft following trade deal with U.S.
Indian Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Shri Piyush Goyal is talking to media on EU-India trade relations. India will waive tariffs on industrial imports from four European nations for a $100 billion investment over 15 years, ending nearly 16 years of negotiations. Thierry Monasse | Getty Images […]
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China’s Xi reasserts Taiwan stance in call with Trump, while U.S. president pushes trade
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump said Wednesday that he had a “long and thorough call” with […]
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China ramps up threats over Panama Canal ruling that handed Trump a major victory
A cargo ship transits through Panama Canal Cocoli locks in Panama City on February 21, 2025. Martin Bernetti | Afp | Getty Images The Chinese government has condemned a ruling from Panama’s top court, warning the Central American country “will inevitably pay a heavy price” unless it changes course. The rebuke comes shortly after Panama’s […]
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Palantir surges 10% after beating earnings estimates. Here’s what’s happening
Palantir surged 10% in premarket trading on Tuesday after beating Wall Street’s fourth quarter estimates amid rising spending on AI tools from governments and businesses. The shares popped after it reported $1.41 billion in revenue, ahead of LSEG estimates of $1.33 billion. The earnings came after a muted end to 2025 — November was Palantir’s […]
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Treasury yields are little changed as investors weigh Fed leadership uncertainty
Traders work at the New York Stock Exchange on Jan. 27, 2026. NYSE U.S. Treasury yields were little changed on Monday as market watchers continued to weigh the impact of President Donald Trump naming Kevin Warsh as his pick to be the next Federal Reserve chair. The 10-year Treasury yield fell less than 1 basis point […]
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Oracle dips 3% after announcing $50 billion fundraising plans. Here’s why
Data center giant Oracle‘s stock took a 3% hit in early premarket on Monday, after the company announced plans to raise up to $50 billion to develop additional capacity for customers, and an analyst said the company was considering laying off thousands to free up cash flow. Hyperscalers have scrambled to build the infrastructure needed […]
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Is ‘America First’ starting to backfire as Washington’s allies go it alone?
Members of President Donald Trump’s cabinet, including Energy Secretary Chris Wright, Commerce Secretary Howard Lutnick, Chief of Staff Susie Wiles, Treasury Secretary Scott Bessent and Secretary of State Marco Rubio, listen to Trump address the World Economic Forum (WEF) in the Davos Congress Center on Jan. 21, 2026 in Davos, Switzerland. Chip Somodevilla | Getty […]
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Trump gets a boost as Panama court voids Hong Kong firm’s canal contract
The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images Panama’s top court has ruled against Hong […]
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Fed meeting recap: Powell says economy on ‘firm footing’ and current rate level not restrictive
Where to find solid yields on cash as Fed pauses The Fed’s decision to hold rates steady means investors don’t have to worry about yields on their cash falling. “Yields on savings products such as high-yield savings accounts and CDs are likely to remain unchanged for now,” said certified financial planner Stephen Kates, a financial […]
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