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Economy

Trump says he’s weighing giving 20% of DOGE savings to Americans

February 20, 20250

U.S. President Donald Trump revealed on Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency...

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Earnings

Etsy stock tumbles on revenue miss as company reports drop in number of goods sold

February 20, 20250

An employee walks past a quilt displaying Etsy Inc. signage at the company's headquarters in the Brooklyn.Victor J. Blue/Bloomberg via Getty Imag...

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Business

Walmart is getting a bump from a surprising cohort: Wealthier shoppers

February 20, 20250

Shoppers at a Walmart store in Secaucus, New Jersey, U.S., in March 2024.Gabby Jones | Bloomberg | Getty ImagesWalmart is known for its low price...

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Finance

Bill Ackman raises bid for Howard Hughes, says he will turn it into ‘modern-day Berkshire’

February 19, 20250

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Con...

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Economy

France’s 2026 budget to be a ‘demanding’ undertaking, French economy minister warns

February 19, 20250

Ironing out the 2026 budget of the euro zone's second-largest economy will prove a "demanding" task, French Economy Minister Eric Lombard told CN...

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Earnings

HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%

February 19, 20250

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. Henry Romero | ReutersEurope's largest lend...

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Business

KFC moves U.S. headquarters from Kentucky to Texas

February 19, 20250

Signage outside a Yum Brands Inc. KFC restaurant in Shelbyville, Kentucky, on Jan. 29, 2021.Luke Sharrett | Bloomberg | Getty ImagesKFC is leavin...

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Finance

Fed Governor Bowman says more progress on inflation is needed before further rate cuts

February 18, 20250

Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association conferen...

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Economy

From tariffs to DOGE, what companies are saying about the impact of MAGA policies

February 18, 20250

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk ...

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Earnings

Moderna beats on revenue but loses more than expected as it scales down manufacturing

February 18, 20250

Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues...

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