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The Latest Breaking News on Business

No More Free Bags? Why This Could Be A Costly Mistake For Southwest Airlines

Southwest Airlines has long been celebrated for its customer-friendly policies, notably the “Bags Fly Free” perk that distinguished it from competitors. However, as of May 28, 2025, this hallmark policy has been retired. Passengers now face fees of $35 for the first checked bag and $45 for the second, aligning…

Grocery Coupon Guide

Dollar Gains and Gold Falls on US Labor Market Strength

The dollar index (DXY00 ) Tuesday rose by +0.53%. The dollar on Tuesday recovered from a 6-week low and moved higher after weaker-than-expected Eurozone inflation news knocked the euro lower. Also, weakness in the yuan supported gains in the dollar after a gauge of Chinese manufacturing activity contracted in May...

Barchart

Has the Bull Market Run Out of Steam?

It seems the S&P 500 (SPY) advance has stalled and cant crack above strong resistance at 6,000. Why is that happening? And what happens next? Read on for the answers.

StockNews.com

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CrowdStrike Falls On Weak Guidance, Bank Of America Downgrade

CrowdStrike stock tumbled after Q1 earnings topped estimates while the cybersecurity firm's guidance missed Wall Street targets.

Investors Business Daily

The world's biggest chip maker TSMC says it still can't keep up with demand for AI hardware despite tariff uncertainty

Oh well, looks like gaming GPUs are still going to be hard to come by.

PC Gamer

Cathie Wood Trimmed Tesla Before Its Robotaxi Launch. Should You Bail on TSLA Stock Too?

Cathie Wood sold Tesla shares ahead of its robotaxi launch tentatively slated for June 12. Piper Sandler recommends doing the polar opposite with TSLA stock.

Barchart

Is Boeing Stock Outperforming the Nasdaq?

While Boeing has shown stronger performance than the broader Nasdaq Composite over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.

Barchart

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These 4 Industries Successfully Lobbied Trump for Tariff Exemptions

Trump's trade war has created a carve-out bonanza for industries with political connections and big lobbying budgets.

Reason

How Palantir Is Expanding the Surveillance State

If you think the government will only use these tools to track illegal immigrants, think again.

Reason

Trump news at a glance: US-China trade relations falter amid fragile trade truce

Escalating war of words between world’s two-largest economies highlights unstable trade detente - key US politics stories from 2 June

The Guardian - US

Texas lawmakers voted to ban consumable THC products. Will Gov. Greg Abbott sign — or veto — the bill?

Abbott faces pressure from both sides of the aisle. The prohibition was a priority for Lt. Gov. Dan Patrick, but some hemp farmers and veterans want it killed.

The Texas Tribune

Walmart CEO started his career unloading trailers at the warehouse—he says raising his hand led to his success

Doug McMillon helped Walmart retain its top spot on the Fortune 500.

Fortune

Stock Market Today: Markets Move With Fresh Trade War Winds

The new uncertainty is the same as the old uncertainty, which is fine with investors, traders and speculators.

Kiplinger

Walmart and Target workers are sharing pics of price increases amid Trump’s trade war

‘I just feel terrible putting all these ridiculously high prices up,’ said one worker on Reddit

The Independent UK

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The Independent UK

Trade Secretary to push for timeline on US tariff exemption

Sir Keir Starmer and Donald Trump announced the broad terms of an agreement last month.

The Independent UK

Half of Americans say they are already cutting back because of tariffs — and that includes summer vacation plans

While Donald Trump demands that companies ‘eat the tariffs’, multiple surveys and polls show that Americans are expecting major price hikes

Barchart

Why Overall Consumer Confidence Is Critical to the Markets You Follow

No matter what commodity markets you watch, consumer confidence is key.

The Independent UK

Disney hit with another round of layoffs with hundreds losing their jobs

It’s the largest round of layoffs to hit the company in months.

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Barchart

The Unexpected Way China Tariffs Could Help, Not Hurt, Apple Stock

This article examines how U.S. tariffs may actually benefit Apple in the short term.

InsideEVs

The 2025 Mazda CX-90 PHEV Isn't Great, Because Making Hybrids Is Hard

Just making hybrids isn't enough. You have to make them great, and that's a tall order. Mazda's CX-90 doesn't quite nail it.

The Guardian - UK

US firms say Trump trade war is hitting production as dollar nears three-year low

Manufacturing survey signals third monthly decline in output in a row amid uncertainty over tariffs

The Conversation

Subsidized social housing promotes economic well-being for Canadian renters, new study finds

The years following the COVID-19 pandemic were difficult for renters. The pandemic was followed by an economic recovery marked by inflation, population growth and rising interest rates. These increased the cost of financing for landlords and limited the ability of first-time buyers to access homeownership.

Investors Business Daily

Amazon Stock Gets Price Target Hike As Analyst Sees Robotics, AI Boosting Retail Profits

Amazon is "early" in a robotics push that could save billions annually, according to BofA Securities.

InsideEVs

Tesla's Affordable EV Denials Sent The Company Into Shock

Elon Musk's affirmation of more affordable Tesla EVs coming soon was a surprise to his team. Plus: how legal are Trump's EV rollbacks?

Investors Business Daily

Warren Buffett's Favorite Energy Stock Paces Bullish Oil Sector Move Amid Ukraine-Russia Attack

U.S. oil prices increased on increased Ukraine-Russia tensions.

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