Economy Mar 02 U.S. stocks rebound from sharp losses, while oil prices leap on worries about Iran war By Stan Choe, Associated Press
Economy Feb 27 AI is key driver behind layoffs at fintech company Block, CEO says Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence. By Elaine Kurtenbach, Associated Press
Economy Feb 26 Netflix walks away from Warner Bros deal, clearing path for Paramount takeover On Thursday, after Warner’s board announced that Skydance-owned Paramount’s offer was superior to the agreement it had previously struck with Netflix, the streaming giant said the new price it would have to pay to acquire Warner would make the deal… By Wyatte Grantham-Philips, Associated Press
Economy Feb 26 Average U.S. long-term mortgage rate dips below 6% for the first time since 2022 The benchmark 30-year fixed rate mortgage rate fell to 5.98% from 6.01% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the rate averaged 6.76%. By Alex Veiga, Associated Press
Nation Feb 26 If you have federal student loan debt, here's what experts want you to know Eventually, the changes will streamline the system and reduce the number of repayment options, but right now, trying to understand what’s happening is a little like staring into a bowl of alphabet soup (except that soup is made of money). By Hannah Grabenstein
Feb 24 Paramount has raised its takeover offer to $31 per share, Warner Bros. says By Wyatte Grantham-Philips, Associated Press Warner Bros. Discovery said that Paramount has raised the price of its takeover offer to $31 per share, potentially setting the stage for a fresh bidding war with Netflix over the future of the Hollywood giant. Continue reading
Feb 24 FedEx joins other U.S. companies, seeks a full refund after Trump tariffs are ruled illegal By Michelle Chapman, Associated Press FedEx said in a filing with the U.S. Court of International Trade that they have "suffered injury" from having to pay the tariffs… Continue reading
Feb 24 WATCH: House GOP leaders share how tax cuts are helping their constituents ahead of Trump's address By Will Weissert, Associated Press President Donald Trump hopes he can convince increasingly wary Americans that his policies have improved their lives while ensuring that the U.S. economy is stronger than many believe — and that they should vote for more of the same in… Continue reading
Feb 23 EU pauses U.S. trade deal as it seeks clarity over Trump's new 15% global tariffs By David McHugh, Associated Press Frustrated European officials pushed Monday for clarification on how U.S. President Donald Trump's declaration of a 15% global tax on imports would affect the trade deal they struck with Trump this summer as EU legislators hit pause on the deal's ratification until they get… Continue reading
Feb 23 Stocks drop after Trump ramps up new tariffs and investors dump potential AI losers By Stan Choe, Associated Press U.S. stocks slumped Monday after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution. Continue reading