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The Latest Breaking News from Benzinga

Trump Fires Bureau Of Labor Statistics Chief Erika McEntarfer After Weak Jobs Report: 'Directed My Team To Fire This Biden Political Appointee'

President Donald Trump on Friday ordered the firing of Bureau of Labor Statistics Commissioner Erika McEntarfer just hours after a disappointing jobs report, accusing her—without evidence—of manipulating employment data for political purposes.

Benzinga

Tim Cook Says 'Apple Must Do This,' As He Compares AI To Internet, Smartphone Revolutions

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook conducted a rare all-hands meeting at the company’s Cupertino, California, headquarters after the company's fiscal third-quarter earnings, emphasizing the importance of artificial intelligence as a pivotal opportunity for the tech giant.

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Scott Bessent Says China Talks Optimistic As Trump Slaps Tariffs On Dozens Of Countries: 'We Have The Makings Of A Deal'

U.S. Treasury Secretary Scott Bessent said Friday he's optimistic about reaching a trade agreement with China as President Donald Trump launched a sweeping new round of tariffs affecting dozens of countries.

Benzinga

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Federal Reserve Governor Adriana Kugler Resigns, Handing Trump A Key Vacancy Ahead Of Powell's Term End

Adriana Kugler, a Federal Reserve governor, is stepping down from her position on August 8. Kugler, who joined the Fed in September 2023, was expected to serve until January 31, 2026.

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Kevin O'Leary Defends Trump's Tariffs As Markets Shrug Off Hikes: 'I'm An Investor. I Don't Listen To All The Noise'

Investor and entrepreneur Kevin O'Leary backed Donald Trump's aggressive new tariffs, saying markets care about policy—not political noise—and that capital is still flowing into the U.S. economy.

Benzinga

'The More Value You Provide, The More Money You Can Earn,' How This Self-Made Millionaire Employed 'One-To-Infinity' Leverage, Growing Her Net Worth

For years, Rose Han made her money linearly. She toiled away at her corporate job hour after hour, bringing home regular paychecks.

Benzinga

Most People Today Have Car Payments, But One Owner Now Asks What Few Even Think About: What's The Longest You've Gone Without One?

A Reddit user with just a year left on their car loan asked a simple but revealing question: “What's the longest you've owned a vehicle without a payment post-financing?”

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Carvana's Comeback Drives These ETFs Into The Limelight—Tariff Tailwinds Add Fuel

Two years ago, Carvana Co. (NYSE:CVNA) had more in common with a junkyard relic than a growth stock. Following a peak at $376.83 in August 2021, shares plummeted to as low as $3.55 as of December 2022, a 99% eradication that kept bankruptcy rumors swirling louder than its hallmark car…

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EXCLUSIVE: July's 20 Most-Searched Tickers On Benzinga Pro — Where Do Opendoor, Nvidia, Apple Stock Rank?

Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers.

Benzinga

Jeff Bezos Built Amazon From A Garage Into A $2.4 Trillion Empire — And It All Started With Used Books And A Recycled Door Desk

Amazon.com Inc. (NASDAQ:AMZN) grew from two people packing books in a Bellevue garage into a $2.4 trillion powerhouse. Founder Jeff Bezos labeled parcels and drove them to the post office while his then-wife, MacKenzie Scott, sealed boxes.

Benzinga

Options Corner: Why Trump's Policy Backflip Gifts A Discount For Southern Copper

At this point, the so-called TACO trade has become a well-worn meme. A pejorative that stands for "Trump Always Chickens Out," it describes the tendency of President Donald Trump to first issue a stern warning, then later walk back his own threats. This time around, Southern Copper Corp (NYSE:SCCO) has…

Benzinga

Senator Mullin Discloses Stock Trades 2.5 Years After They Were Made, Including One Up 134.5%

As a bill to ban members of Congress from trading stocks and options makes its way through Congress, new financial disclosures from a senator could show why the public has grown tired of elected officials being able to profit from trading.

Benzinga

Bank of America Stock Slides Amid Dual Shocks Of Recession Fears And Geopolitical Threats

Shares of Bank of America Corp (NYSE:BAC) are falling Friday afternoon, caught in a broad market sell-off driven by a one-two punch of alarming U.S. economic data and an escalation in geopolitical tensions.

Benzinga

2 Big Reasons Plug Power Stock Is Dropping Friday

Shares of Plug Power Inc (NASDAQ:PLUG) are plunging Friday afternoon, caught in a market-wide rout driven by a dual shock of dire economic data and escalating geopolitical conflict. The clean energy manufacturing company, known for its stock volatility, was hit particularly hard late Friday as investors shed risk assets.

Benzinga

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Don't Let the 'Golden Age' Of Your Money Slip Away—Ramit Sethi Says Most People Miss This Window

Most people get into debt when they buy homes and cars, but you'll eventually hit a ‘golden age' of your finances when you pay off that debt. You will then have a lot of extra money available each month, and financial personality Ramit Sethi doesn't want you to mess it…

Benzinga

Want To Invest In IndyCar Racing? There's A Stock For That

When it comes to investing in sports, there are minimal options of publicly traded teams. Investors have even fewer options to get exposure to the growth of sports leagues. A new investment in a major sports league presents an opportunity for investors to participate alongside and capture future growth.

Benzinga

Eurozone GDP Growth Pops A Surprise: These ETFs Are Winning The Game

The Eurozone just played a trick, reporting 0.3% year-over-year GDP growth in the second quarter, beating expectations of a slowdown.

Benzinga

Riot Rides Bitcoin To Profit, But Market Frets Over Slow Data Center Growth

Riot Platforms, Inc. (NASDAQ:RIOT) shares are trading lower on Friday.

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OpenAI Just Raised $8.3 Billion At This Valuation As ChatGPT Growth Soars

ChatGPT parent OpenAI has raised $8.3 billion in new capital at a $300 billion valuation as part of its ongoing $40 billion fundraising effort, according to a person familiar with the deal.

Benzinga

Bitcoin, Ethereum, XRP, Dogecoin Tumble As Traders Brace For Volatility

Cryptocurrency markets are trading lower on Friday in tandem with sliding equity markets.

Benzinga

Avantor Q2 Feels The Impact From Bioprocessing Shortfalls, Customer Headwinds, Continued Margin Pressure

Avantor Inc. (NYSE:AVTR) stock is trading lower on Friday after the company reported worse-than-expected second-quarter 2025 adjusted EPS.

Benzinga

Alnylam's Amvuttra Makes Powerful Entrance, Eyes First-Line Dominance

Alnylam Pharmaceuticals Inc. (NASDAQ:ALNY) reported upbeat second-quarter earnings and 2025 guidance on Thursday.

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Trump Issues Nuclear Threat To Russia–And Wall Street's Fear Gauge Goes Vertical

If August is historically volatile due to light volumes and summer complacency, the first day of the month in 2025 has already set the stage for a nerve-wracking ride on Wall Street.

Benzinga

Bond ETFs Could Catch A Tailwind From Jobs Data

The U.S. job market created only 73,000 jobs in July, according to the Bureau of Labor Statistics. Additionally, downward revisions to May and June resulted in the elimination of a whopping 258,000 jobs. That means the U.S. saw the weakest tri-monthly employment print since the pandemic, according to Bloomberg. That’s…

Benzinga

MicroStrategy's $14 Billion Bitcoin Gain Becomes A Footnote In Bold Treasury Vision

MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading lower on Friday. The company, which does business as Strategy, reported second-quarter revenue of $114.49 million, beating analyst estimates of $112.96 million.

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