business news
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Economy
Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Inflation was slightly lower than expected in April as President Donald Trump’s tariffs just began hitting the slowing U.S. economy,…
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Finance
Key AI hub China restricts schoolchildren’s use of the tech
A student is playing chess with an intelligent robot in Xuzhou City, Jiangsu Province, China on May 13, 2025. Cfoto…
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Finance
Steve Cohen says stocks could retest their April lows, sees a 45% chance of recession
Steve Cohen said Wednesday he sees the possibility that stocks could retest their lows from April following the market’s dramatic…
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Finance
Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old
Warren Buffett does a walkthrough of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. David…
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Finance
New York AG sues Capital One after Trump-led CFPB drops similar case
The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan.…
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Finance
Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range
Omar Marques | Sopa Images | Lightrocket | Getty Images Shares of stock brokerage platform eToro popped in their Nasdaq…
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Finance
Stocks making the biggest moves premarket: Nvidia, Super Micro, American Eagle Outfitters, UnitedHealth and more
Check out the companies making headlines before the bell. American Eagle Outfitters — The retailer tumbled 11% in early trading.…
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Finance
Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
Omar Marques | Sopa Images | Lightrocket | Getty Images EToro, a stock brokerage platform that’s been ramping up in…
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Finance
Stocks making the biggest moves midday: Nvidia, Boeing, Coinbase, First Solar and more
Check out the companies making the biggest moves midday: Nvidia — The chipmaker jumped 5.63% following the announcement it will…
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