Market News

Dollar Tree to sell Family Dollar chain for $1 billion - The Washington Post

Dollar Tree will sell its ailing Family Dollar business for a fraction of its acquisition cost almost 10 years ago.rnSeveral months after saying that it would consider selling Family Dollar, Dollar T… [+1430 chars]

Trump will announce auto tariffs at a White House news conference - The Associated Press

WASHINGTON (AP) President Donald Trump on Wednesday will announce tariffs on auto imports, a move that the White House claims would foster domestic manufacturing but could also put a financial squeez… [+4008 chars]

Americans say they are sacrificing their happiness in the face of inflation and tariffs - MarketWatch

Rachelle Biennestin realized she needed to cut back when her checking account had $40 left in it. She had always enjoyed shopping and dining out, but with the price changes in grocery stores and my r… [+546 chars]

United Airlines is relaunching its credit cards — here are all the changes, plus a limited-time welcome bonus - Yahoo Finance

If youre a frequent flier with United Airlines, there are plenty of reasons to consider a United credit card. Uniteds line of co-branded MileagePlus cards with Chase offers discounts on flights, perk… [+11287 chars]

Stock Market Today: Dow and S&P 500 trade near flat, Nasdaq edges higher; tariff fears wane and Tesla in focus after sales dive again. - MarketWatch

Chinese tea drink brand Chagee files for US IPO - Yahoo Finance

(Reuters) -China's Chagee revealed its revenue nearly tripled in 2024 as the tea chain filed for a U.S. initial public offering on Tuesday, joining firms betting on a broader recovery in investor app… [+1943 chars]

Consumer confidence plummets to lowest level since January 2021 - CNN

Summaryrn

• Americans increasingly expect higher inflation and more predict a recession, with expectations for future conditions at a 12-year low.
• President Donald Trump's fluctuating tr… [+5579 chars]
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Tesla bull Cathie Wood says it isn’t just Elon Musk’s politics that are causing Tesla’s ‘demand hit.’ It’s also a bad economy - Fortune

Federal workers hit by DOGE cuts race to find jobs in ‘dreadful’ market - The Washington Post

Ryan Sloane had been working as a public affairs specialist for just over two months at the Centers for Disease Control and Prevention in Atlanta when he was DOGEd on Valentines Day.rnIt had taken hi… [+5685 chars]

Delaware passes law designed to stop more Elon Musks from leaving state - Yahoo Finance

Delaware lawmakers this week pushed through controversial changes governing corporate behavior in a scramble to keep more businesses from leaving the state following the dramatic exit of Elon Musk.rn… [+4446 chars]

23andMe customers struggle to delete their data - BBC.com

Lily JamaliReporting fromrnSan FranciscornSignage outside of the offices of the biotechnology company 23andMe in South San Francisco. Photo by GEORGE NIKITIN/EPA-EFE/REX/ShutterstockrnThe computer sy… [+6305 chars]

Trump's Social Security check change could affect half a million Americans - Axios

Nearly half a million Americans will be affected by President Trump's order that will cease Social Security payments by paper check.rnWhy it matters: The switch risks disrupting the financial lives o… [+1746 chars]

Rivian spins out secret e-bike lab into a new company called Also - The Verge

The deal includes $105 million from VC firm Eclipse.rnThe deal includes $105 million from VC firm Eclipse.rnRivian announced the creation of a new micromobility company called Also. The deal includes… [+2087 chars]

Nvidia's China Sales Face New Threat: Beijing's Energy-Use Rules - Investor's Business Daily

Nvidia (NVDA) stock fell Wednesday on news that its bespoke AI processor for the Chinese market fails to meet new rules there for energy efficiency.rnChina's top economic planner, the National Develo… [+1822 chars]

Tesla Stock Pares Gains After Best Stretch Since November Election - Investopedia

• Tesla shares were down Wednesday, threatening to end the stock's five-day rebound.
• The stock had gained more than 27% in the week leading up to Wednesday's session, boosted by the pot… [+3133 chars]
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Rocket Lab launches 8 wildfire-hunting satellites into orbit from New Zealand (video) - Space.com

Rocket Lab has launched its workhorse Electron rocket for the third time in two weeks.rnThe New Zealand-based company successfully launched eight wildfire detection satellites on the "Finding Hot Wil… [+3006 chars]

CK Hutchison Is Said to Proceed With Port Deal Despite China Ire - Bloomberg

CK Hutchison Holdings Ltd.s plan to sell two Panama ports to a BlackRock Inc.-led group is moving ahead as scheduled, people familiar with the matter said, in a sign that negotiations have not yet be… [+299 chars]

Microsoft adds ‘deep reasoning’ Copilot AI for research and data analysis - The Verge

Multi-step reasoning AI is coming to Microsoft Copilot.rnMulti-step reasoning AI is coming to Microsoft Copilot.rnAfter Google and OpenAI offered up AI news on Tuesday, Microsoft has followed with an… [+1526 chars]

The Nissan Leaf lives on as a compact SUV with a Tesla charge port - The Verge

The rumors of my demise were greatly exaggerated.rnThe rumors of my demise were greatly exaggerated.rnThe Nissan Leaf is back, and its not a frumpy looking hatchback anymore. rnThe Japanese automaker… [+3269 chars]

Morgan Stanley Raises China Stock Targets Again, Citing Earnings - Bloomberg

Morgan Stanley strategists raised their outlook for Chinese stocks for the second time in a little more than a month, citing upside for valuations amid an improving outlook for earnings.rnMSCI China … [+341 chars]

Microsoft adds AI-powered deep research tools to Copilot - TechCrunch

Microsoft is introducing a “deep research” AI-powered tool in Microsoft 365 Copilot, its AI chatbot app.rnThere’s been a raft of deep research agents launched recently across chatbots, including Open… [+1924 chars]