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Jim Cramer says Nvidia should do a half-trillion dollar, Apple-style stock

Market commentator Jim Cramer suggested that artificial intelligence chipmaker Nvidia should execute a massive capital return program modeled after Apple. Speaking publicly on social media, Cramer highlighted Nvidia mark…

"Triple Threat: U.S. Stocks, Bonds & Dollar Plummet"

The Federal Trade Commission, joined by twenty-two state attorneys general, filed an antitrust and consumer fraud lawsuit against Amazon on Tuesday. The federal complaint alleges that Amazon defrauded approximately one p…

Bessent says 19 finance ministers agreed ‘cheap exports’ are unsustainable, but China dissented

U.S. Treasury Secretary Scott Bessent said 19 G20 members agreed that cheap exports and trade imbalances require action, while China opposed the position, after finance ministers met in Asheville, North Carolina, on Sept…

For a century, journalists have had a voluntary ethics code. Editors are giving it an AI-era reboot

The Society of Professional Journalists has proposed its first Code of Ethics revision since 2014, responding to artificial intelligence, misinformation, changing journalism careers and declining trust. The 967-word draf…

FDA Recalls Mangoes and Rice Over Salmonella and Contamination Concerns

The United States Food and Drug Administration announced two separate product recalls affecting fresh mangoes distributed by Panorama Produce and white jasmine rice distributed by Lundberg Family Farms due to potential s…

SB Energy Files For US IPO Backed By Nvidia To Fuel AI Boom

SB Energy, an AI-focused power infrastructure developer backed by SoftBank, OpenAI, and Nvidia, has filed for an initial public offering with the U.S. Securities and Exchange Commission. The company plans to list on the …

Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up

Average United States mortgage rates climbed to six point eight seven percent for a thirty-year fixed loan, marking the highest level since June twenty twenty-five. Mortgage News Daily reported a six basis point jump on …

Ford to recall about 149,000 vehicles in US over power loss, NHTSA says

Ford Motor is recalling 148,663 Mustang vehicles across the United States from the 2024 through 2026 model years due to a potential loss of driver power and electrical component failures. The U.S. National Highway Traffi…

Bond selloff pressures stocks as oil crosses $91 a barrel

Global stock markets fell today as Brent crude oil prices surpassed ninety one dollars per barrel following military strikes in the Middle East. United States forces targeted Iranian infrastructure near the Strait of Hor…

Smucker’s Lawsuit Against Trader Joe’s Over Frozen PB&J Can Proceed

A federal judge has ruled that the J.M. Smucker Company can move forward with its trademark infringement lawsuit against Trader Joe's regarding popular frozen crustless peanut butter and jelly sandwiches. Smucker origina…

Trump Announces New Drug-Pricing Deals With Nine Additional Pharma Firms

President Donald Trump announced new agreements with nine midsize pharmaceutical firms to lower prescription costs under his international drug pricing initiative. The latest additions including Alcon, Astellas Pharma, T…

Federal Trade Commission and 22 states sue Amazon over inflated advertising prices

The Federal Trade Commission and 22 states sued Amazon on Monday, alleging the retailer secretly inflated prices in its digital advertising auctions. The complaint, filed in federal court in Washington state, says Amazon…

Boeing Announces 18,000 Layoffs, Shuts Down 737 Max Production Line in Washington

Aircraft manufacturer Boeing announced the immediate layoff of 18,000 United States workers, representing 12 percent of its global workforce, and confirmed an indefinite shutdown of its 737 Max production line in Renton,…

Federal Reserve Holds Emergency Meeting as Bank Liquidity Crisis Deepens

The Federal Reserve convened an unscheduled closed-door meeting on Tuesday following accelerated deposit outflows at several mid-sized U.S. banks. The Board of Governors discussed mounting pressures stemming from commerc…

S&P 500 Plunges 4.2% as September Opens with Worst Trading Day Since 2022

United States stock markets experienced their sharpest single-day selloff in over two years on the first trading day of September. The S&P 500 plummeted 4.2 percent to close at 5,247, while the Dow Jones Industrial Avera…

Walmart, e.l.f. Slash Prices Using Tariff Refunds as U.S. Households Feel the Pinch

Major United States retailers have begun utilizing billions of dollars in tariff refunds to reduce everyday consumer prices following a landmark federal court ruling. The Supreme Court decided in February that broad impo…

France to supply Sweden with 4 frigates to bolster the NATO country’s defense

Sweden and France signed a 4.3 billion-euro ($5 billion) agreement Monday for four French-built frigates, strengthening Stockholm’s naval capabilities as NATO’s newest member responds to security concerns in the Baltic S…

Eli Lilly Announces $2.88 Billion Acquisition Of Merida Biosciences

Eli Lilly and Company announced a definitive agreement to acquire privately held biotechnology firm Merida Biosciences for up to $2.875 billion in cash. The transaction includes an upfront payment and contingent mileston…

PG&E Shares Plunge 16% After California Lawmakers Reject Wildfire Liability Relief

Pacific Gas and Electric Company shares dropped sixteen percent after California lawmakers rejected wildfire liability protections. Legislators introduced Senate Bill 492, removing proposals from Governor Gavin Newsom th…

Major Music Publishers Sue Anthropic Over Copyright Infringement

Sony Music Publishing and Warner Chappell Music, along with 33 other music publishers, filed a copyright infringement lawsuit against artificial intelligence company Anthropic on August 28, 2026. The complaint, submitted…

128-Year-Old Atlanta Alcohol Distributor Files Chapter 11, Lays Off 500+

Republic National Distributing Co., a century-old alcohol distributor based in metro Atlanta, filed for Chapter 11 bankruptcy protection in July, announcing plans to lay off more than 500 Georgia workers. Headquartered i…

US stock index futures dip as Middle East strikes worsen inflation fears

Wall Street index futures declined early Monday as renewed military strikes between the United States and Iran disrupted oil shipments through the Strait of Hormuz, driving crude prices higher. The geopolitical escalatio…

Toyota and Honda may get stuck with the bill for Trump’s Canada tariffs

President Donald Trump has proposed a 50 percent tariff on Canadian automobile imports, threatening major Japanese manufacturers Toyota and Honda. These two companies account for over three-quarters of all vehicles manuf…

Oil Benchmarks Surge as Brent Hits $90.32 and WTI Rises to $85.41

Global oil benchmarks rose sharply during early trading sessions as market participants responded to heightened geopolitical tensions and supply security concerns. Brent crude climbed to ninety dollars and thirty-two cen…

U.S. Strikes Iran, Oil Surges Past $90

The United States struck two military facilities on Iran's Larak Island on August 30, the first known American attack on Iranian soil in over a month. A U.S. official said the strike targeted launchers preparing to lay s…

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