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The Latest Breaking News from Benzinga

American Soybean Farmers Become Scapegoat In US-China Trade Tussle, Plead Trump For Bailout: 'Unless Something Miraculous...'

In a significant blow to U.S. soybean farmers, China, their largest buyer, has ceased purchasing their crops, leaving them with a surplus, and choosing instead to source from Brazil.

Benzinga

Donald Trump Says 'No Inflation!!!,' But This Economist Asks 'Says Who?' As August CPI Rises In Line With Estimates

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.

Benzinga

UTime Stock Surges Over 64% After-Hours Amid Fraudulent Press Release Controversy

UTime Ltd. (NASDAQ:WTO) shares jumped 64.84% to $2.11 during after-hours trading on Thursday after the Chinese mobile device manufacturer clarified that unauthorized press releases claiming management changes were fraudulent.

Benzinga

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Marco Rubio Vows US Retaliation To 'Witch Hunt' After Trump Ally Jair Bolsonaro Sentenced For Coup Plot By Brazil's Supreme Court

U.S. Secretary of State Marco Rubio on Thursday vowed American retaliation following former Brazilian President Jair Bolsonaro‘s conviction on coup plotting charges.

Benzinga

Trump And The Fed's Policies Will Spark 1970s-Style Inflation Shock, Says Peter Schiff: 'Average Americans Will Suffer'

Leading economists are sounding the alarm in the lead-up to the Federal Open Market Committee meeting next week, with warnings of a sharp rise in inflation that will take a toll on working families.

Benzinga

Social Security Checks Could Increase By 2.8% In 2026, But Analysts Warn It May Be 'Pretty Underwhelming'

Analysts predict a 2.8% increase in Social Security checks for 2026, but the rise may not be enough to offset the growing inflation, especially for seniors living on fixed incomes.

Benzinga

Uber Faces Federal Lawsuit Alleging Refusal Of Disabled Riders

The U.S. Department of Justice has sued Uber Technologies Inc. (NYSE:UBER) over alleged discrimination against disabled passengers on its platform.

Benzinga

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Russian Drones In Poland Like Thumb In Eye To Trump: Need Strong Response Against 'Toddler' Putin

Sen. Elissa Slotkin (D-Mich.) on Wednesday called Russia's drone incursion into Poland and by extension NATO airspace, "a thumb in the eye" for President Donald Trump and urged "a strong message back to Putin," sharpening criticism after Warsaw said its forces and allied jets shot down multiple Russian drones over…

Benzinga

Bitcoin Outgained By Silver-Backed Crypto In 2025, Even Forever Bitcoin Bull Max Keiser Sees An Upside For The Shiny Metal

Silver zoomed to its 14-year high on Thursday, spurring a similar rise in cryptocurrencies linked to the precious metal.

Benzinga

Trump's Tariffs Have No 'Material Impact' On The Business, Says Kroger: Raising Prices Would Be 'A Last Resort'

Grocery giant Kroger Co. (NYSE:KR) is making an aggressive push to win over cost-conscious shoppers, revealing it has lowered prices on more than 3,500 products since the beginning of the year.

Benzinga

Why Is HCW Biologics Stock Surging 102% Overnight?

HCW Biologics Inc. (NASDAQ:HCWB) shares skyrocketed 102.72% to $6.73 in after-hours trading on Thursday following the company’s announcement of the successful development of second-generation T-cell engagers targeting solid tumors.

Benzinga

Google's Waymo Gets An 'A' From Tesla Bull Ross Gerber, Bonus Point: 'Doesn't Smell Like An Uber'

Alphabet Inc.'s (NASDAQ:GOOGL) Waymo picked up unexpected praise from Tesla Inc. (NASDAQ:TSLA) bull Ross Gerber after a real-world Los Angeles ride, highlighting the self-driving unit's growing traction as it ramps up robotaxi testing and expansion across the U.S.

Benzinga

Chuck Schumer Says Trump Is 'Lying' Every Time You Pay More For Coffee, Beef And Rent

Senate Majority Leader Chuck Schumer (D-N.Y.) on Thursday accused President Donald Trump of breaking his "day one" promise to lower costs after Labor Department data showed inflation rose in August, and said "Americans know Trump is lying" following Trump's social-media claim of "No Inflation."

Benzinga

Ross Gerber Says Tesla Will Not Achieve Level 4, Level 5 Autonomy Without Addressing Hardware Issues: 'Elon Musk Hasn't Solved FSD...'

Gerber Kawasaki's co-founder Ross Gerber says that Tesla Inc. (NASDAQ:TSLA) will not achieve Level 4 and Level 5 autonomy without fixing hardware issues.

Benzinga

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Benzinga

China Warns Mexico Over 50% Planned Tariffs On Asian-Made Cars: 'Think Twice'

China’s Ministry of Commerce warned Mexico Thursday to “think twice” before implementing planned 50% tariffs on Asian-made vehicles, threatening countermeasures that could disrupt $52 billion worth of bilateral trade relations.

Benzinga

Anthony Pompliano Says Open Naysayers Should Note New CEO Takes Home $1 Token Pay, Martin Shkreli Counters Company 'Fundamentally Broken'

iBuying platform Opendoor Technologies Inc. (NASDAQ:OPEN) has appointed Kaz Nejatian as its new CEO, who previously served as the COO of Shopify Inc. (NASDAQ:SHOP). His illustrious background and new shareholder-aligned compensation package are being hailed by analysts, investors and even critics alike.

Benzinga

Elizabeth Warren Explodes Over News Of Paramount Skydance's Planned Bid For Warner Bros. Discovery: Links Trump To 'Dangerous Concentration Of Power'

On Thursday, U.S. Senator Elizabeth Warren (D-Mass.) denounced Paramount Skydance Corp.'s (NASDAQ:PSKY) reported plans to bid for Warner Bros. Discovery Inc. (NASDAQ:WBD). She warned that the potential media merger poses a threat to competition and could be linked to questionable approvals under President Donald Trump.

Benzinga

Alibaba Stock Pops 6% In Hong Kong As Homegrown AI Chips Rival Nvidia's H20, $3.2 Billion Bond Raise Fuels Rally

Alibaba Group Holding Limited (NYSE:BABA) (OTC:BABAF) jumped 6.35% to HK$152.40 ($19.58) on the Hong Kong Exchange on Friday morning, extending its remarkable 83.95% year-to-date gains as investors reacted positively to the Chinese e-commerce giant’s aggressive artificial intelligence expansion strategy and $3.2 billion fundraising.

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news in one place.

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Benzinga

Trump Administration Presses Appeals Court To Oust Fed Governor Lisa Cook Before Key FOMC Meeting

The Trump administration on Thursday urged the D.C. Federal Appeals Court to allow the firing of Federal Reserve Governor Lisa Cook to take effect before the central bank’s interest rate-setting meeting next week.

Benzinga

Warner Bros Discovery Soars 9% After Hours: Here Is Why The Stock Is Trending

Warner Bros. Discovery Inc. (NASDAQ:WBD) stock is surging on Friday.

Benzinga

Bitcoin Rises As Traders Bet On Fed Rate Cut; Ethereum, XRP, Dogecoin Also Rally: Analyst Says Won't Be 'Surprised' If ETH Tops $10,000

Leading cryptocurrencies rallied alongside stocks on Thursday as investors raised risk appetite in anticipation of interest rate cuts.

Benzinga

Scott Bessent Heads To Madrid For High-Stakes Talks With China As TikTok Deadline Looms, Tariff Pressures Escalate

Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifeng and senior officials in Madrid next week, marking their fourth round of in-person talks this year amid unresolved disputes over tariffs, agriculture and the looming TikTok deadline.

Benzinga

Cathie Wood's Ark Pivots: Sells Tempus AI After FDA Win, Loads Up On Amazon, Figma And This Trendy Crypto Stock

On Thursday, Cathie Wood-led Ark Invest executed significant trades involving Tempus AI Inc. (Pre-Reincorporation)(NASDAQ:TEM), Bullish (NYSE:BLSH), Amazon.com Inc. (NASDAQ:AMZN), and Figma Inc. (NYSE:FIG).

Benzinga

'Not Having Health Insurance Is An Emergency': Suze Orman Urges Americans To Budget Now As ACA Subsidies Expire And Premiums Skyrocket

Rising health care costs are about to hit millions of Americans hard. Personal finance expert Suze Orman is sounding the alarm as temporary Affordable Care Act subsidies are set to expire in 2026 — a change that could cause premiums to jump by more than 75%, according to KFF.

Benzinga

Opendoor, Super Micro, Adobe, Tesla And Rezolve AI: Why These 5 Stocks Are On Investors' Radars Today

All major U.S. stock indices, including the SP 500 and Nasdaq 100, soared to new heights on Thursday. Investors flocked to riskier assets, driven by expectations of imminent interest rate cuts. Despite concerning economic indicators like rising inflation and increased jobless claims, market participants anticipate the Federal Reserve will focus…

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