World

Trump ‘bump’ disappears as the S&P 500 is now negative since the election

President-elect Donald Trump walks onto the floor of the New York Stock Exchange (NYSE) with his wife Melania, after being named TIME’s “Person of the Year” for the second time on December 12, 2024 in New York City.  Spencer Platt | Getty Images The S&P 500 has now lost all of its post-election gains as President Donald Trump dismayed some …

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CFPB drops JPMorgan, Bank of America, Wells Fargo lawsuit over Zelle fraud

FILE PHOTO: Office of Management and Budget (OMB) Acting Director Russell Vought testifies before House Budget Committee on 2020 Budget on Capitol Hill in Washington, U.S., March 12, 2019.  Yuri Gripas | Reuters The Consumer Financial Protection Bureau on Tuesday dismissed its lawsuit against the operator of the Zelle payments network and the three U.S. banks that dominate transactions on it. …

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Lizbeth Ovalle goal: Forget scorpion kicks, the ‘mago’ from Tigres’ likens her jaw-dropping golazo to ‘shrimp’

Getty Images Tigres midfielder Lizbeth Ovalle produced one of the most highlight-reel worthy sports moments of the year on Monday, scoring a remarkable goal that likely has her in the running to win the FIFA Marta Award. In the 75th minute of Tigres’ 2-0 win over Chivas, Jenni Hermoso whipped a cross into the box from the right flank, with …

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Qualcomm CEO welcomes TSMC $100 billion investment in U.S. chipmaking

Taiwan Semiconductor Manufacturing Co.‘s $100 billion commitment to expand manufacturing in the U.S. is “great news,” Qualcomm CEO Cristiano Amon told CNBC on Tuesday, adding it helps with diversification of chipmaking locations. Amon also addressed U.S President Donald Trump’s tariff policy, suggesting longer term technology trends would outweigh any short term uncertainty. Trump announced on Monday that TSMC would invest …

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Best Buy (BBY) Q4 2025 earnings

Best Buy on Tuesday posted fourth-quarter earnings and revenue that topped expectations, but CEO Corie Barry projected that prices for U.S. consumers would rise as President Donald Trump’s tariffs on China and Mexico go into effect. On Best Buy’s earnings call, Barry said China and Mexico are the company’s top two supply-chain sources, with about 55% and 20% of its …

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The U.S. is halting military aid to Ukraine, so what happens next?

U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025. Brian Snyder | Reuters U.S. military aid for Ukraine has been halted following the spectacular falling-out between President Donald Trump and Ukraine’s leader Volodymyr Zelenskyy, leaving the country in an extremely precarious situation, defense strategists say. An anonymous White House official and U.S. …

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