Gold Tops $4,500 as Precious Metals Continue Historic Rally
Gold and silver keep setting records as investors flee to safe havens amid geopolitical chaos and dollar weakness. Here's what's driving the surge.
Business
Markets, deals, and economic trends that affect your wallet. From Fed decisions to corporate earnings, we explain the business news that impacts your daily life.
Trump Halts 5 Major Offshore Wind Projects, Citing National Security
The administration suspended billions in East Coast wind development including Virginia's massive CVOW project, claiming the turbines interfere with military radar.
Japan Just Raised Interest Rates to a 30-Year High. Here's Why Global Markets Are Watching.
The Bank of Japan hiked rates to 0.75%, the highest since 1995, signaling the end of an era. The ripple effects could reshape everything from the yen to your 401(k).
The 'Forever Layoffs' Era: Why 2025 Became the Worst Year for Job Cuts Since the Pandemic
With 1.17 million layoffs and counting, 2025 marks a structural shift in how companies think about workforce management.
The Fed Meets Today: Here's Why Another Rate Cut Is Almost Certain
The Federal Reserve begins its final 2025 meeting with markets pricing in a 90% chance of another quarter-point cut. What happens next matters more.
PNC Becomes First Major US Bank to Offer Direct Bitcoin Trading
PNC Bank launches direct bitcoin buying and selling for wealthy clients through Coinbase, marking a watershed moment for crypto adoption in traditional banking.
China's Trade Surplus Just Hit $1 Trillion for the First Time Ever
Despite a trade war with the US, China's export machine keeps growing, and it's reshaping global trade.
EU Launches Antitrust Investigation Into Meta's WhatsApp AI Access Policy
European regulators warn that Meta's new rules for AI providers accessing WhatsApp could shut out rivals and distort competition in the fast-growing AI market.
SpaceX Eyes $800 Billion Valuation in Secondary Share Sale
Elon Musk's rocket company is now worth more than most countries' GDP. Here's what's driving the astronomical price tag and why investors keep paying it.
Databricks Is Now Worth $134 Billion. Here's What That Says About AI
The data platform's massive funding round signals where enterprise AI investment is actually heading.
Trump Says He's Picked the Next Fed Chair. Markets Are Already Reacting
The president confirmed his choice aboard Air Force One, with Kevin Hassett emerging as the frontrunner.
How Costco Became America's Most Unexpected Luxury Brand
From $20K diamond rings to $5,000 wine, Costco is selling high-end goods faster than traditional luxury retailers, and wealthy shoppers are obsessed.