Business News

Stock futures pointed higher Sunday night, signaling more gains after markets endured a series of wild swings last week as President Donald Trump’s tariff regime has been a moving target. Futures for the Dow Jones Industrial Average rose 115 points, or 0.28%, while S&P 500 futures were up 0.68%, and Nasdaq futures jumped 1.11%. The…

China’s government said the US decision to exempt certain consumer electronics from its so-called reciprocal tariffs is a small step toward rectifying its wrongdoings and urged Washington to do more to revoke the levies. President Donald Trump’s administration excluded smartphones, computers and other electronics from the increased import duties on Friday, narrowing the scope of…

Trade between the world’s two largest economies—a link that defined the world economy for two decades—is on life support. U.S. tariffs on China now stand at 145%; China’s tariffs on the U.S. now stand at 125%. And that’s just the baseline, not including additional tariffs on specific goods like steel (in the case of the…

Iran and the United States will hold more negotiations next week over Tehran’s rapidly advancing nuclear program, Iranian state television reported Saturday at the end of the first round of talks between the two countries since President Donald Trump returned to the White House. Iranian state TV said U.S. Mideast envoy Steve Witkoff and Iranian Foreign…

New York Helicopter has plied the skies around New York City landmarks for decades. But the company had some difficulties before one of its sightseeing choppers plummeted into the Hudson River this week, killing all six people aboard. There was a close call in 2013, when another helicopter suddenly lost power in midair and the pilot maneuvered it to a…

Startup tech company Nate promised consumers easier shopping with the help of artificial intelligence. But the Justice Department says there was no miracle tech behind the checkout app’s transactions. Instead, they were handled by humans in the Philippines and Romania. Officials at the U.S. Attorney’s office have indicted Albert Saniger, the former CEO of Nate,…

With the markets in freefall and few exits to be found, it seems impossible right now to scrounge together $2 billion. Unless, perhaps, you’re Mira Murati.  Murati, the former CTO of OpenAI, started her Thinking Machines Lab shortly after leaving OpenAI last fall, and the fundraising process for the company has been followed with horse…

The Nasdaq index surged 12% Wednesday, recording the second-best trading day on record. The Dow and S&P 500 also roared back after several days of massive losses following Donald Trump’s tariff announcement. So why isn’t everyone celebrating? Put simply: A massive rally doesn’t mean the days of big drops are over. It could be, in…

Stock markets erupted with a torrential surge of optimism following President Donald Trump’s post on Truth Social pausing some of his tariffs, and comments from Treasury Secretary Scott Bessent reassuring the world that the U.S. is not embroiled in a trade war.  Despite the brief respite from the carnage of the week, though, a chilling…

Delta Air Lines CEO Ed Bastian is slamming President Donald Trump’s tariffs as the “wrong approach,” warning travel bookings are already in decline. “In the last six weeks, we’ve seen a corresponding reduction in broad consumer confidence and corporate confidence,” the CEO of America’s most profitable airline told CNBC in an interview. “We’re acting as…