News

Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

Bessent, a former hedge fund manager, was confirmed as head of the U.S. Treasury last week.

Stocks that are getting hit the most from Trump's tariffs Monday include GM, Chipotle and Canada Goose

Tariffs could not only increase the cost of transporting goods across borders, they could also disrupt supply chains and crimp business confidence.

Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026

GoCardless reported a net loss of £35.1 million in the full year ending June 2024, down 55% year-over-year.

L.A. wildfire victims face financial anxiety amid recovery: 'The uncertainty is very unsettling'

The wildfires that tore through Los Angeles have left residents with ample financial anxieties. There are few answers right now.

Will 2025 finally mark the end of the IPO drought?

Nasdaq president Nelson Griggs discusses the decline of companies going public and when the incentive for initial public offerings will return.

We asked 10 travel agents: What's the top under-the-radar destination? Here's what they said

Travel specialists weigh in with the most underrated places to visit, along with can't-miss activities in each locale and the best times to go.

Here's how tariffs on Canada, China and Mexico may impact U.S. consumers

The Trump administration is imposing tariffs on the three nations starting on Saturday, the White House said.

Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit

Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.

Nasdaq 100 celebrates 40 years: Is crypto the next big driver for gains?

The Nasdaq 100 may be undergoing a historic shift as it turns 40.

OpenAI in talks to raise funding that would value AI startup at up to $340 billion

SoftBank would contribute as much as $25 billion to OpenAI's funding round and become the largest investor.

Watch: ECB President Christine Lagarde speaks after rate decision

European Central Bank President Christine Lagarde is giving a press conference following the bank's latest monetary policy decision.

Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target

Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.
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