Government shutdown: Republicans open door to escape hatch as Congress careens toward shutdown
Much of the U.S. government is poised to shut down early Saturday morning unless Congress approves spending measures.
Elon Musk says Tesla ending Models S and X production, converting Fremont factory lines to make Optimus robots
On Tesla’s fourth-quarter earnings call, CEO Elon Musk said the company is ending production of its Model S and X vehicles.
Stocks making the biggest moves after hours: Microsoft, Meta, Tesla, Southwest Airlines and more
These are the stocks posting the largest moves in extended trading.
Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold
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DoubleLine’s Jeffrey Gundlach sees no more Fed rate cuts under Jerome Powell
Powell has just two policy meetings left as chair — in March and April — before his term expires.
Tesla to invest $2 billion in xAI, Elon Musk’s OpenAI competitor
In its earnings report on Wednesday, Tesla said it invested $2 billion in xAI, Elon Musk’s artificial intelligence startup.
Investors will have to wait a bit longer for any rate cuts this year
The Fed’s first meeting of the year wrapped up Wednesday, showing a more hawkish consensus taking shape among policymakers.
Powell says Cook Supreme Court case is the most important in the Fed’s 113-year history
Treasury Secretary Scott Bessent has called Powell’s decision to attend a “mistake,” accusing Powell of politicizing the case.
ServiceNow reports better-than-expected fourth-quarter results
ServiceNow announced an expanded partnership with Anthropic about a week after it inked a similar deal with competitor OpenAI.
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.