Finance
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Capital One tries to get Trump Org case dismissed, denies claim accounts closed over politics
The Trump Organization's lawsuit claims the bank's silence proves the closures of 385 accounts were political retaliation after the Jan. 6, 2021, Capitol riots.
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Stocks rally as easing Middle East tensions push oil prices lower
Falling crude prices provided a boost to U.S. markets, easing inflation worries for airlines and heavy fuel consumers
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Dow Jones plummets 1,100 points for greatest single day loss since April 2025
The Dow Jones closed 1,153 points lower than it opened at, which is a 2.2% drop. The S&P 500 and the Nasdaq Composite also suffered smaller setbacks Wednesday, with the S&P dropping 1.5% and the Nasdaq falling 1.7%.
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Howard Schultz calls on Starbucks to focus on 'coffee-forward innovation' and store 'experience'
“The go-to-market strategy needs to be overhauled and elevated with coffee-forward innovation,” former CEO Schultz says as Starbucks sales struggle
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Bidenomics tips more stressed U.S. banks into danger zone as economy slows
According to recent reports, hundreds of banks face the potential of failing just like Republic First Bancorp.
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Consumer confidence sinks to lowest level since July 2022
"Elevated price levels, especially for food and gas, dominated consumer's concerns, with politics and global conflicts as distant runners-up," says a chief economist at the board
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Redfin analysis: Home purchases cost 'more than ever'
Redfin says all-time high home prices and rising mortgages rates have made home buying more expensive than ever before
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Patriots owner pulls funding for Columbia University over pro-Palestine protests
Kraft said he no longer recognizes his alma-mater and cannot donate to a school that he feels can no longer keep Jewish students and staff safe.
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State financial officers accuse Bank of America of 'de-banking' conservatives
"Americans should never have to worry that their personal financial decisions will be weaponized against them," Kentucky State Auditor Allison Ball said.
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New RNC chief counsel Spies worked for Romney, Bush, DeSantis, downplayed 2020 election issues
"All of these examples, do not mean, by the way, that the election was stolen," Charlie Spies said. "When election officials' incompetence results in catastrophic errors and voters have to be concerned if their vote will count, voters lose their trust in the process,” Spies also wrote.
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Biden suggests rising inflation could delay Fed rate cut
The Fed has left interest rates steady since July 2023 after hiking the figure consistently for a year to cool skyrocketing inflation.
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Media pronounces doom as Truth Social goes public, but financials leave room for optimism
TMTG went public last Monday using the ticker DJT in homage to former President Donald J. Trump, its majority shareholder.
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Devin Nunes defends Truth Social as 'impenetrable beachhead' against Big Tech
Nunes said the company is "well-positioned" because it works well and has no debt.