White House says TikTok’s algorithm and data will be controlled ‘by America’ in new deal
White House press secretary Karoline Leavitt on Saturday said that she was “100% confident” that the deal between the U.S. and China is finalized.
Investors got the rate cut they wanted. So what’s next to keep the bull market going?
The bulls got a dovish turn from the Fed without much noticeable slowing in growth, with indexes at a record, credit markets blissfully sedate and capital investments running in torrents into the economy.
Jimmy Kimmel’s fate at ABC still up in air as talks with Disney reportedly continue
The late-night host is in discussions with Disney and ABC about the conditions under which his show could return to air, according to Variety.
Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas
The announcement to impose a $100,000 annual fee on H-1B visas sent shockwaves through corporate America.
Elliott builds a position in Workday after software company unveils a multiyear plan to boost value
Elliott announced on Wednesday that they have taken a more than $2 billion position in Workday and expressed their support of the company’s management team.
Trump wields ‘golden share’ to halt U.S. Steel plant shutdown, WSJ reports
The intervention marked Trump’s first use of so-called “golden share” rights, a condition of the $14.1 billion takeover cleared in June.
The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher
Ten- and 30-year Treasury yields rose this week after the central bank cut its short-term interest rate.
Wall Street eyeing one big trade after Fed rate cut: Commodities
Commodities generate strong returns if the Fed cuts when economic growth is firm and inflation is on the decline, JPMorgan said.
Now that the Fed has cut rates, here’s what UBS says to do with your cash
“The imperative to put cash to work is increasing,” UBS said.
Pressure mounts on Disney over Kimmel suspension as some boycott calls spread
The company faced protests outside its studios, celebrities threatening to break ties and political pressure from Republicans and Democrats.