Vehicles are offered for sale at a Nissan dealership on December 18, 2024 in Libertyville, Illinois. Scott Olson | Getty Images Nissan CEO Ivan Espinosa on Wednesday said the short-term focus is to fix the struggling Japanese automaker, as it seeks to get back on a solid footing. “I think in the short term, the…
U.S. President Donald Trump said Wednesday that its was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions. Scott Bessent, U.S. treasury secretary, said Friday that trade talks were “a bit stalled,”…
Jonathan Raa | Nurphoto | Getty Images Magic Eden, best known as a non-fungible token marketplace, said it has partnered with the team behind President Donald Trump’s meme token to launch an official $TRUMP-branded cryptocurrency wallet. Dubbed the $TRUMP Wallet, the product will feature the president’s name and likeness, as well as support trading of…
The Toyota Industries Corp. logo at the company’s Nagakusa plant in Obu, Aichi Prefecture, Japan. Bloomberg | Bloomberg | Getty Images Shares of Toyota Industries slumped as much as 13% Wednesday, after Toyota Group’s reported 4.7 trillion yen ($33 billion) deal to take the company private. This deal comes at a time when Japanese firms…
Anna Barclay | Getty Images President Donald Trump’s Truth Social platform moved a step closer to having a bitcoin exchange-traded fund available to everyday investors. NYSE Arca, the all-electronic arm of the New York Stock Exchange that handles most ETF trading, filed on Tuesday to list a bitcoin fund linked to the president’s media company,…
George Kurtz, chief executive officer of Crowdstrike Inc., speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images CrowdStrike shares fell about 5% in extended trading on Tuesday after the security software maker issued a weaker-than-expected revenue forecast. Here’s how the company…
A key catalyst for Wells Fargo stock is finally here. The Federal Reserve Board announced Tuesday that it is finally lifting the $1.95 trillion asset cap imposed on Club name Wells Fargo since February 2018, a punishment brought on by the bank’s past misdeeds, including its notorious cross-selling scandal in the 2010s. “The removal of…
U.S. Secretary of Homeland Security (DHS) Kristi Noem testifies before the House Appropriations Homeland Security Subcommittee hearing on oversight of the Department of Homeland Security, on Capitol Hill in Washington, D.C., U.S., May 6, 2025. Kevin Lamarque | Reuters Federal agents on Tuesday took into custody the family of Mohamed Soliman, the man accused of…
Lisa Cook, governor of the US Federal Reserve, speaks during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago | Bloomberg | Getty Images Federal Reserve Governor Lisa Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse after tariffs work their way through…
An attendee wearing a cow costume while playing Mario Kart World by Nintendo Switch 2 during the Nintendo Switch 2 Experience at the ExCeL London international exhibition and convention centre in London, Britain, April 11, 2025. Isabel Infantes | Reuters Nvidia CEO Jensen Huang on Tuesday talked up the capabilities of Nintendo‘s new Switch 2,…
