Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
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Tesla shares plunge 15%, steepest drop in five years
Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.NBC News - 1d -
Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.The New York Times - 4h -
What student loan borrowers should know as Trump targets Public Service Loan Forgiveness
President Donald Trump signed an executive order that aims to limit eligibility for a popular student loan forgiveness program. Here's what you need to know.CNBC - 1d -
When you should get a home equity loan from a different lender
Should you use a new lender to get your home equity loan? Here's when it may be worth doing.CBS News - 1d -
Trump says Education Dept. shouldn't handle student loans: 'Not their business'
It's a major challenge to the Trump administration's plans to dismantle the Education Department: How to transfer the loan accounts of over 40 million people.CNBC - 7h -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 1d -
Elon Musk’s X suffers multiple outages
Elon Musk's social media platform X experienced several outages on MondayCNBC - 1d -
X users report a series of outages
Hours after a series of outages that left X unavailable to thousands of users, Elon Musk is claiming that the social media platform is being targeted in a “massive cyberattack."ABC News - 1d -
The etiquette of digital debts among friends
A recent article in the Wall Street Journal looked at the "unspoken rules" of digital payment apps like Venmo and tried to decipher the proper etiquette for requesting money back from friends. The ...CBS News - 1d -
Tom Lee calls Monday’s stock-market tumble an overreaction. What to watch now.
Tom Lee, one of the more optimistic voices on Wall Street, says that the stock-market drop on Monday was an overreaction as he points to key events this week that could stabilize indexes.MarketWatch - 16h -
Inflation worries resurfaced even before Trump ramped up tariffs. Don’t expect angst to go away.
Wall Street was already nervous about a potential rise in inflation because of President Trump’s tariffs — and the last thing investors want to see is another disappointing reading on prices even ...MarketWatch - 6h -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick’s Sporting Goods on Tuesday said it’s expecting 2025 profits to be far lower than Wall Street anticipated, making it the latest retailer to forecast a rocky year ahead as consumers contend ...NBC News - 8h -
Republicans warn Trump not to let trade war drag as he doubles down on tariff threats
Senate Republicans are warning President Trump to not let his trade war drag on as his latest escalation sent Wall Street further into turmoil. Trump on Tuesday threatened to double tariffs on ...The Hill - 2h -
Musk blames 'massive cyberattack' for X outage
Elon Musk said his social media platform X was targeted in a "massive cyberattack" on Monday, prompting outages for thousands of users. "There was (still is) a massive cyberattack against X," Musk ...The Hill - 1d -
Musk blames Ukraine for X outage
Presented by Ericsson — Elon Musk said his social media platform X was targeted in a “massive cyberattack” on Monday and later claimed the attack was traced back to Ukraine. {beacon} Technology ...The Hill - 1d -
Elon Musk Claims X Targeted in ‘Massive Cyberattack’
X (formerly Twitter) went down for thousands of users on Monday. Musk blamed a cyberattack.Inc. - 1d -
Sonic X Shadow Generations Collector's Edition Preorders Restocked At Amazon
Sonic X Shadow Generations Collector's Edition $250 | Releases July ...GameSpot - 9h -
Aid operations in Gaza imperiled as millions of promised USAID dollars do not arrive
The Trump administration’s cuts to USAID have frozen hundreds of millions of dollars in contractual payments to aid groups, leaving them paying out of pocket to preserve the fragile Gaza ceasefire, ...ABC News - 4d -
X outage affects thousands of users
An outage on the social media platform X appeared to impact thousands of users on Monday morning. According to outage-tracking website Downdetector.com, more than 37,000 users reported problems ...The Hill - 1d -
Euro and pound rise against dollar amid ‘Trumpcession’ fears
US currency has lost all the gains it enjoyed since Trump won election and hits lowest level since mid-October. Business live – latest updates The euro and the pound have risen against the ...The Guardian - 11h -
Elon Musk says "massive cyberattack" is causing outages at X
Elon Musk's social media site X wasn't working for thousands of users on Monday, with the billionaire claiming a cyberattack.CBS News - 1d -
Elon Musk Says X Outages Were Caused by a Cyberattack From Ukraine
The billionaire’s social media site X suffered outages, and Tesla’s stock tanked on Monday.The New York Times - 1d -
How the IRS can crack down on ghost tax return preparers
Indeed, thousands of tax return preparers systematically subvert the tax return filing process, rob the Treasury of revenue and undermine taxpayers’ faith in the system.The Hill - 3d -
Trump addresses economy concerns amid shifting policy on tariffs
President Donald Trump addressed concerns around the economy after a volatile week on Wall Street. It comes as Trump imposed tariffs on Canada and Mexico only to change course and pause some ...NBC News - 3d -
Markets open down again, Trump announces more tariffs against Canada
Traders on Wall Street hoping to rally back after Monday's major selloff are starting Tuesday with another dip. Meanwhile, President Trump has announced additional tariffs for Canada. CBS News' ...CBS News - 11h -
Explaining the stock market uncertainty amid tariff back-and-forths with Canada
Economic uncertainty looms over Wall Street after a back-and-forth between the U.S. and Canada on tariffs. On Wednesday, the U.S. will impose 25% tariffs on all steel and aluminum imports. CBS ...CBS News - 2h -
Trump on recession chances: ‘I don’t see it at all’
Canada canceled its planned surcharges on electricity to the U.S. after President Trump threatened to double his planned tariffs on Canadian steel and aluminum. Capping a wild day on Wall Street, ...NBC News - 2h -
Oracle won some big cloud contracts. Here’s why its stock is falling.
Oracle Corp. regaled Wall Street on Monday with talk about the future, enormous demand and some very large cloud-services contracts, but its stock continued a downward trend over concerns about ...MarketWatch - 1h -
X sees major outages as Musk claims 'massive cyberattack' hit platform
Three separate outages appeared to hit Elon Musk's X social media site Monday, as the tech titan claimed it was suffering a "massive cyberattack."NBC News - 1d -
Declan Rice back to his best as Arsenal secure draw at Man United, prepare for deep Champions League run
The Gunners got a much-needed performance from the former West Ham man as they prepare for a deep Champions League runCBS Sports - 2d -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - 1d -
Elon Musk claims ‘massive cyber-attack’ caused X outages
Billionaire owner speculates ‘coordinated group/and or country’ involved after platform was unresponsive for many. Elon Musk claimed on Monday afternoon that X was targeted in a “massive ...The Guardian - 1d -
What Really Happened With the DDoS Attacks That Took Down X
Elon Musk said a “massive cyberattack” disrupted X on Monday and pointed to “IP addresses originating in the Ukraine area” as the source of the attack. Security experts say that's not how it works.Wired - 12h -
Japan's Nissan tests driverless vehicles in city streets filled with cars and people
Nissan Motor Corp. recently showcased its driverless technology on city streets in YokohamaABC News - 1d -
Canada prepares to select new leader
On Sunday, Canada will move one step closer to finding its next prime minister when the governing Liberal Party holds a leadership vote to replace Justin Trudeau. The move comes as President Trump ...CBS News - 3d -
Stock losses gain momentum as 2025 sell-off rolls on
Markets plunged deeper into the red Tuesday as a major sell-off prompted by fears of a slowing economy rolled on.NBC News - 12h -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 2d -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - 1d -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - 49m -
Is euro-dollar parity now off the cards?
Market Questions is the FT’s guide to the week aheadFinancial Times - 2d