Latest in Investors dumped U.S. stocks at the fastest pace on record last week, according to this Wall Street survey
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USAID order to delete classified records sparks flurry of litigation
U.S. Agency for International Development (USAID) employees and outside groups are fighting an order from the agency’s leadership to shred and burn its classified documents as well as personnel ...The Hill - Mar. 12 -
New details on last interaction U.S. college student had before disappearing in Punta Cana
Joshua Riibe was the last person seen with University of Pittsburgh student Sudiksha Konanki before she went missing while in the Dominican Republic. His attorney said his passport has been ...CBS News - 2d -
Is the U.S. heading for a recession? Here's what economists say.
Consumers, businesses and investors are increasingly jittery about the risks of a protracted slump. So what exactly is a recession?CBS News - Mar. 12 -
China's retaliatory tariffs take effect as American farmers, stocks reel
China's retaliatory tariffs on U.S. agricultural goods will affect American farmers. This comes as the stock market continues to show the effects of a growing trade war. CBS News' Anna Coren reports.CBS News - Mar. 10 -
Latest news on Trump's trade war with Canada, shock in stock markets
President Trump's trade war with Canada is growing after Ontario's premier announced on a tax on electricity bound for the U.S. This comes as the stock markets are reacting negatively to Mr. ...CBS News - Mar. 11 -
Gold Price Passes $3,000, a Record High, Amid Tariff Anxiety
The price of gold hit a new milestone as investors sought havens from market turmoil.The New York Times - 4d -
How daylight saving’s ‘spring forward’ might have caused stocks to fall back
What happens to investors when daylight-saving time kicks in?MarketWatch - Mar. 10 -
Trump made the stock market a marker of success. Now he's hedging as markets dip.
When President Donald Trump wanted to make the case for his first term’s success in an interview last month, he turned to the stock market.NBC News - Mar. 11 -
Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week
Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.NBC News - Mar. 12 -
Are the latest U.S. strikes against Houthis an escalation?
The U.S. military fired a series of airstrikes over the weekend targeting Iranian-backed Houthi rebels in Yemen. The strikes killed at least 53 people, according to the Houthi health ministry. CBS ...CBS News - 1d -
These are the 4 biggest things we're watching in the stock market this week
Fed Chair Jerome Powell's press conference and Nvidia CEO Jensen Huang's GTC keynote are influential events.CNBC - 3d -
Tesla shares have declined every week since Elon Musk went to Washington
Tesla's stock has dropped for seven straight weeks, a stretch that dates back to the beginning of Donald Trump's second term in the White House.CNBC - Mar. 8 -
Nvidia’s stock has been ‘brutalized.’ Here’s the big disconnect.
Investors appear worried about the health of AI spending. But big AI customers don’t seem hesitant, an analyst notes.MarketWatch - Mar. 11 -
Stock Market Remains Uncertain Amid Trump’s Whipsawing Tariffs and Budget Cuts
The administration’s whipsawing moves are leaving investors guessing. The risk is that this uncertainty comes at a real cost to the economy.The New York Times - 6d -
The market’s ‘fear gauge’ spiked, then slid. What that means for your stocks.
A VIX spike can be bullish — but comes with the volatility that can shake investors out of the market.MarketWatch - 2d -
A European Starlink rival's shares skyrocketed 390% in a week — here's why
Shares of French satellite operator Eutelsat gained over 550% in a three-day rally last week.CNBC - Mar. 10 -
Justice Department is looking into egg prices in antitrust probe, report says
A report in The Wall Street Journal says DOJ investigators are looking into whether egg producers are working together to keep egg prices high.CNBC - Mar. 7 -
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 - Mar. 10 -
Treasury yields end higher for second day after CPI inflation data comes in cooler than expected
Bond yields closed with back-to-back gains Wednesday after the consumer-price index report for February came in cooler than Wall Street expected.MarketWatch - Mar. 12 -
How activist Mantle Ridge's presence at Cognizant can help lift the company's valuation
Signals suggest that Mantle Ridge likes Cognizant's new leadership and supports the board's actions. The Street may come to appreciate the stock.CNBC - 3d -
Fanmio lawsuit claims Ryan Garcia 'feigned' injury to get out of exhibition fight
An entertainment company says boxer Ryan Garcia feigned an injury last year to back out of an exhibition fight, according to a lawsuit filed Thursday in U.S. District Court in California. Fanmio, ...Yahoo Sports - 5d -
More Americans say Ukraine not getting enough help: Gallup
More Americans now think the U.S. is not doing enough to help Ukraine in its war against the Russian military invasion, an uptick from late last year, according to a new Gallup poll released on ...The Hill - 1d -
Texas, New Mexico measles outbreak grows to more than 300
The measles outbreak impacting Texas and New Mexico has now exceeded 300 cases, surpassing the number of measles cases reported in all of the U.S. last year. According to the latest update from the ...The Hill - 1d -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - Mar. 9 -
As stocks stumble, investors should take a lesson from the Cuban Missile Crisis, says this bull
Markets are able to rally even before periods of intense angst end, notes Tom LeeMarketWatch - 5d -
Most still trust CDC, NIH five years after COVID pandemic declaration: Survey
Most Americans still trust information from the Center for Disease Control (CDC) and National Institute of Health (NIH) five years after the COVID-19 pandemic, according to a Tuesday study from ...The Hill - Mar. 11 -
Stocks slide into correction as tariff anxiety persists.
The S&P 500 is on the cusp of closing in a correction, or a 10% drop from its February high. Constantly moving goal posts on tariffs and trade have rattled investors.The New York Times - 6d -
IOC candidate Samaranch sees diplomacy with Trump as key priority ahead of 2028 LA Olympics
Meeting with U.S. President Donald Trump should be high on the agenda of the next IOC leader, according to a strong candidate to win the Olympic body’s presidential election next week. “It has to ...Yahoo Sports - 5d -
White House says U.S. is in 'period of economic transition' amid recession fears
White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...NBC News - Mar. 11 -
New evidence changes timeline of Gene Hackman and Betsy Arakawa's last days
Actor Gene Hackman's wife, Betsy Arakawa, called a medical concierge service in Santa Fe, New Mexico, on Feb. 11 -- one day after authorities previously reported her last known activity, and two ...CBS News - 2d -
What Nvidia must do at its biggest event of the year next week to win back investors
Shares of Nvidia are down more than 20% from their all-time highs set earlier this year, as for Thursday's close.CNBC - 5d -
Charles Leclerc fastest for Ferrari in second Australian GP practice
Ferrari’s Charles Leclerc finished second practice for Sunday’s Australian Grand Prix fastest, just over a tenth of a second faster than McLaren’s Oscar Piastri.Yahoo Sports - 5d -
Vale’s relations with Lula government improve after tensions last year, says boss
Group’s head Pimenta highlights easing strains that should help settle investor nervesFinancial Times - 3d -
U.S. records most measles cases in single year since record 2019 wave
Most cases have been from an outbreak in Texas and New Mexico, the CDC says.CBS News - 5d -
Ad spending on women's sports more than doubled last year
Ads during women's sports programs were 40% more impactful than the average primetime advertisement, according to EDO.CNBC - Mar. 11 -
China bond yields jump to three-month highs as investors pare rate cut expectations
Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.CNBC - Mar. 10 -
AI scammers on Amazon duped investors out of millions with 'passive income' scheme, FTC alleges
The company promised better returns than the stock market, with a co-founder appearing in TikTok videos with wads of cash alongside an image of Warren Buffett.CNBC - 1d -
Why this strategist still says U.S. stocks should trade at a premium to China’s
Viktor Shvets, the global strategist at Macquarie, asks the very fair question of whether the still enormous gap in valuation between the S&P 500 (at 20 times earnings) and China (on 11 times ...MarketWatch - 7h -
Fired Federal Workers Get Last Words in With Scathing Letters of Resignation to DOGE
Departing officials, including disabled veterans, defend themselves and thousands of fired federal colleagues’ work with defiant, indignant letters, creating a written record of a tumultuous time.Inc. - Mar. 10 -
Transfer defensive back Ashaad Williams set to visit Purdue next week
Purdue is set to host one of the top transfer defensive backs on the market for a visit next week, according to Rivals. As a junior in 2024, Williams elevated his play to become a key contributor ...Yahoo Sports - 2d
