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Global sell-off drags US stocks lower again
U.S. stocks swung sharply as Nvidia and bitcoin tumbled, pulling the S&P 500 and Nasdaq lower while Home Depot sank after weak earnings.
Judge rules Meta is not a social media monopoly
A federal judge ruled Meta is not a social networking monopoly, defeating a challenge that could have forced divestiture of Instagram and WhatsApp.
Microsoft partners with Anthropic and Nvidia in cloud infrastructure deal
Microsoft said Tuesday it is partnering with artificial intelligence company Anthropic and chipmaker Nvidia as part of a cloud infrastructure deal that moves the software giant further away from its longtime alliance with OpenAI. Anthropic, maker of the chatbot Claude that competes with OpenAI’s ChatGPT, said it is committed to buying $30 billion in computing […]
Cloudflare resolves outage that impacted thousands, ChatGPT, X and more
A widely used Internet infrastructure company said that it has resolved an issue that led to outages impacting users of everything from ChatGPT and the online game, “League of Legends,” to the New Jersey Transit system early Tuesday. At 12:44 p.m. EST, Cloudflare said its engineers no longer saw some of the issues plaguing its […]
Stocks fall as Nvidia slips and market pulls back
U.S. stocks slid as Nvidia weighed on markets, pulling the S&P 500 and Nasdaq lower while Alphabet rose on Berkshire’s new ownership stake.
Fed’s Lisa Cook disputes mortgage fraud allegations
WASHINGTON (AP) — In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook disputed allegations by a Trump administration official that she committed mortgage fraud. President Donald Trump used the accusation as a basis to seek her firing, the first time a president has sought to remove a Fed governor in […]
Brazil says U.S. tariffs stay high on coffee, beef
Brazil’s vice president says U.S. tariffs on coffee, beef and tropical fruits remain at 40% despite Trump’s rollback of earlier import levies.
Novo Nordisk cuts Wegovy prices again
Novo Nordisk lowers Wegovy prices to $349 a month and adds temporary discounts, but doctors say costs remain tough for uninsured patients.
FAA lifts flight restrictions after shutdown ends
FAA ends nationwide restrictions as staffing improves after the 43-day government shutdown, allowing airlines to resume normal schedules.
Union Pacific, Norfolk Southern shareholders OK merger
Union Pacific and Norfolk Southern shareholders approve an $85B rail merger, but the Surface Transportation Board must still sign off.
