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The Latest Breaking News on Business

Tariffs Spark Economic Concerns and Undercut the Dollar

The dollar index (DXY00 ) Tuesday fell by -0.57% and posted a 4-3/4 month low. The dollar has been under pressure since last week when the US announced tariffs on Canada, China, and Mexico, fueling concerns that a trade war will erupt and derail the economy. The dollar was undercut...

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Crude Prices Finish Higher on Dollar Weakness and Prospects of Tighter US Sanctions on Iran

April WTI crude oil (CLJ25 ) Tuesday closed up +0.22 (+0.33%), and April RBOB gasoline (RBJ25 ) closed up +0.0125 (+0.60%). Crude oil and gasoline prices recovered from early losses and posted mild gains on Tuesday. The fall in the dollar index (DXY00) Tuesday to a 4-3/4 month low sparked...

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White House says Trump will make good on promise to 'buy a brand new Tesla' as a show of confidence in Elon Musk

The president said he would buy a Tesla Tuesday morning amid the boycotts of the EV maker.

Fortune

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Southwest Airlines Flyers Brutally Mock Company Over Canceled Free Bag Policy: 'Southwest Becoming Spirit Overnight'

Southwest Airlines is being mocked and compared to Spirit Airlines after announcing the end of its free bag policy for most passengers.

Latin Times

Trump calls Tesla boycott ‘illegal’ and says he’s buying one to support Musk

Standing in the driveway of the White House with Tesla vehicles, Trump said he would label violence against the company’s showrooms as domestic terrorism

The Guardian - US

Canada’s aluminum industry faces U.S. tariffs, but innovation could open new markets

The United States government’s decision to impose a 25 per cent tariff on aluminum imports from Canada has raised serious concerns about potential job losses in the aluminum industry.

The Conversation

How Is Ford Motor’s Stock Performance Compared to Other Auto Stocks?

Despite Ford Motor’s recent outperformance relative to its industry peers, Wall Street analysts remain cautious about the stock’s prospects.

Barchart

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Trump Doubles Down On Canada Trade War

US President Donald Trump announced massive new tariffs on Canadian steel and aluminum Tuesday, while threatening to "shut down" its auto industry and saying the best way to end the trade war was for Washington's ally to be absorbed into the United States.

International Business Times

Trump pledges to buy ‘brand new Tesla’ in support of Musk

Tesla shares and sales have suffered amid protests and calls for a boycott over Mr Musk’s close ties with Mr Trump and far right causes.

The Independent UK

Southwest Airlines breaks with another tradition and checked bags will cost you now

Southwest Airlines says it’s going to begin charging certain customers a fee to check bags, as the budget airline continues to look for ways to increase its revenue

The Independent UK

Typing loudly, wearing AirPods: ‘taskmasking’ is how gen Z pretends to work at the office

As more companies mandate a return to the office, young workers learn to game the system to take back control

The Guardian - US

Musk having trouble running DOGE, Tesla

The Tesla and SpaceX head told Fox Business' Larry Kudlow that trying to run his companies and DOGE has been taxing

Salon

How Voucher Vendors Could Make Millions from ‘School Choice’ in Texas

The Legislature’s current proposals put a handful of private contractors in the driver’s seat. Other states have already seen problems.

Texas Observer

Larry Ellison’s Oracle just reported $130 billion in future contracts—which doesn’t include even a single transaction from Stargate

CEO Safra Catz said the tech giant scored cloud agreements with OpenAI, xAI, Meta, Nvidia, and AMD.

Fortune

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The Independent UK

Wall Street sell-off: London market plummets amid fears of US recession

The sharp decline mirrors other market falls across Europe

International Business Times

South Korea's Kia Denies Responsibility For Anti-Musk Ad

South Korean automaker Kia told AFP Tuesday it had not approved an advertising campaign that featured one of its electric vehicles with a bumper sticker denigrating rival Tesla owner Elon Musk.

Tom’s Hardware

Huawei reportedly acquired two million Ascend 910 AI chips from TSMC last year through shell companies

According to CSIS, Huawei has millions of AI chips from SMIC despite yield problems.

Barchart

This Super Micro Computer Rival Just Hiked Its Dividend 18%. Is It a Buy Now?

Dell Technologies, a strong rival to Super Micro Computer, has increased its dividend by 18%, showcasing its financial stability and growth potential, and prompting investors to consider whether now is a good time to buy into its promising tech story.

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TechRadar

Cybersecurity workers aren't massively happy with their employers - but they are being paid pretty well

Cybersecurity workers are getting paid well, but they’re hitting a ceiling withing their companies too soon.

Investors Business Daily

Delta, American Dive On Slashed Outlooks; But Two Airlines Rally

Delta Air Lines, American, JetBlue cut outlooks noting a weaker demand environment. Southwest provides update on new initiatives.

Investors Business Daily

Oracle Stock Slips As Earnings Miss Overshadows Growing AI Demand

Oracle stock gained despite an earning miss as the tech giant touted AI demand and gave a strong sales outlook.

Barchart

Crude Oil Prices Tumble on Demand Concerns

April WTI crude oil (CLJ25 ) Monday closed down -1.01 (-1.51%), and April RBOB gasoline (RBJ25 ) closed down -0.0162 (-0.77%). Crude oil and gasoline prices on Monday posted moderate losses. Monday's selloff in the S&P 500 to a 5-3/4 month low sparked risk-off sentiment in asset markets, weighing on...

InsideEVs

Why Chinese EVs Could Tempt Canada As America's Tariff War Rages On

To say the once-steady relationship between the U.S. and Canada has been tested lately would be a severe understatement. President Donald Trump has not only sparked a bitter trade war with one of our oldest and closest allies, but he’s also cracking jokes about outright annexation. So now that America…

Android Central

The DOJ’s latest proposal still wants Google to cut Chrome loose

The DOJ is sticking to its guns, pushing Google to sell off Chrome.

Barchart

Crude Oil Prices Lower on Risk-Off and Tariff Woes

April WTI crude oil (CLJ25 ) today is down -0.34 (-0.51%), and April RBOB gasoline (RBJ25 ) is down -0.0004 (-0.02%). Crude oil and gasoline prices today are moderately lower. Today's selloff in the S&P 500 to a 5-1/2 month low has sparked risk-off sentiment in asset markets, weighing on...

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