News from Quartz
What is your interest today?
Trump says Powell is a 'total stiff' — but also says he won't fire him
President Donald Trump criticized Federal Reserve Chair Jerome Powell's approach but confirmed he does not plan to replace him, emphasizing stability in monetary policy during his...
Read Full Article →Berkshire Hathaway stock slumps 6% as Warren Buffett says he's retiring
Berkshire Hathaway’s shares declined notably following the announcement that Warren Buffett will step down as CEO, reflecting investor uncertainty about the company’s future leader...
Read Full Article →Stocks slide as Warren Buffett bows out
The market experienced a decline Monday morning as investors reacted to Warren Buffett’s departure and the conservative outlook presented in Berkshire Hathaway’s recent financial r...
Read Full Article →Microsoft is stealing Amazon's thunder in the cloud — and AI
Microsoft's advancements in cloud computing and artificial intelligence have influenced investor confidence, impacting market valuations among leading technology companies and resh...
Read Full Article →CEOs to Trump: It's time to make a trade war deal
Corporate leaders warn that ongoing high tariffs could harm the economy by disrupting international commerce, increasing costs for businesses, and potentially leading to a downturn...
Read Full Article →Disney, Palantir, AMD and more stocks to watch this week
Investors are closely monitoring shares like Disney, Palantir, and AMD this week as major tech companies’ recent earnings and economic factors continue to influence market trends a...
Read Full Article →Warren Buffett breaks his silence on tariffs: 'Trade should not be a weapon'
Warren Buffett’s recent comments highlight potential impacts of international trade policies on market stability, reflecting cautious optimism about Berkshire Hathaway’s direction...
Read Full Article →Warren Buffett will step down from Berkshire Hathaway at the end of the year
The departure of Berkshire Hathaway’s longtime leader signals a major transition for the company, potentially impacting investor confidence and future market strategies given his i...
Read Full Article →Mark Zuckerberg's Meta dreams, Microsoft's earnings smash, and Reddit's surprise: Tech news roundup
Major technology companies have invested heavily in AI infrastructure over the last two years, but recent developments indicate a potential slowdown in spending despite ongoing exp...
Read Full Article →Recession watch, tariff prices, and stocks in Trump's first 100 days: Markets news roundup
Economic indicators such as fluctuating stock prices, changes in tariff costs, and evolving expert forecasts continue to influence market stability and investor confidence during t...
Read Full Article →Tariffs hit cars, the travel industry declines, and BYD comes for Tesla: Business news roundup
The reduction in automotive tariffs is expected to moderate cost increases, though higher prices may persist, impacting car manufacturers and related sectors amid ongoing shifts in...
Read Full Article →Stocks are all the way back to where they were before Trump's 'Liberation Day' tanked the market
The recent increase in the S&P 500 indicates that the market has recovered to its previous level prior to the sharp decline triggered by the announcement of extensive new tariffs.
Read Full Article →American Airlines is bringing private suites with sliding doors to fancy flying
American Airlines has introduced redesigned aircraft offering enclosed private spaces and enhanced seating comfort, aiming to improve the appeal and potentially increase revenue fr...
Read Full Article →Jeff Bezos is planning to sell billions worth of Amazon stock
Jeff Bezos intends to liquidate a substantial portion of his holdings in Amazon within the upcoming year, potentially impacting both his personal wealth and the company’s stock mar...
Read Full Article →Trump's family could make hundreds of millions from an Abu Dhabi crypto investment
A fund supported by Abu Dhabi plans a $2 billion transaction involving Binance Holdings Ltd, potentially generating substantial revenue for the family associated with the digital c...
Read Full Article →The Dow jumps 600 points as a solid jobs report has Trump calling for interest rate cuts again
U.S. equity markets experienced notable gains Friday, with major indexes posting increases around 1.5%, driven by stronger employment data and renewed discussions about reducing bo...
Read Full Article →Apple earnings takeaways: A rush to buy iPhones before tariffs, a $900 million hit, and more
Apple's recent quarterly results showed strong revenue driven by increased iPhone purchases before tariff changes, although a significant one-time charge impacted overall financial...
Read Full Article →Apple says tariffs will cost it a whopping $900 million this quarter
Apple anticipates that ongoing tariff measures will result in approximately $900 million in additional expenses during the upcoming quarter, impacting the company’s overall financi...
Read Full Article →Americans are getting their first glimpse of life with tariffs
The recent removal of a long-standing tariff exemption on imported items under $800 is leading to increased costs for many products, impacting consumer spending and overall market...
Read Full Article →Goldman Sachs quietly erased the word 'Black' from its biggest diversity program
Goldman Sachs appears to be downplaying previous emphases on racial diversity in its major investment initiative, which may influence perceptions of its ongoing financial commitmen...
Read Full Article →China might be ready to make a deal with Trump
The potential initiation of trade negotiations between China and the U.S. could influence global markets by affecting tariffs, investor confidence, and economic relations between t...
Read Full Article →Reddit is one of tech's most surprising winners
Reddit's first-quarter results demonstrate notable financial growth and increased user engagement, highlighting its emerging role as a competitive player in the rapidly evolving di...
Read Full Article →Nvidia CEO Jensen Huang got his first raise in a decade
The recent salary increase for Nvidia’s CEO reflects a notable change in compensation strategy after ten years, potentially impacting the company’s executive financial planning and...
Read Full Article →April jobs report shows solid but slowed growth
The latest employment data revealed moderate expansion in the labor market, indicating steady job creation while highlighting ongoing challenges within the broader economic recover...
Read Full Article →Amazon beats on earnings as ad sales surge. But Microsoft's cloud growth may steal the show
Amazon exceeded profit forecasts driven by increased advertising revenue, although Microsoft’s expanding cloud services growth could attract greater investor attention moving forwa...
Read Full Article →Apple earnings beat expectation as Americans rush to buy iPhones before tariffs
Apple's latest financial report reveals stronger-than-anticipated revenue, driven by increased consumer demand for iPhones ahead of forthcoming tariff implementations.
Read Full Article →The Nasdaq soars as Big Tech earnings have stocks shrugging off recession alarms
Strong earnings reports from major technology companies contributed to notable gains in the Nasdaq, helping broader markets rally despite ongoing concerns about an economic downtur...
Read Full Article →Berkshire Hathaway earnings are coming. Here's what to watch
Investors are anticipating Berkshire Hathaway’s upcoming quarterly results, focusing on insights from Warren Buffett regarding current economic challenges and potential market deve...
Read Full Article →5 cars that are safest from tariffs — and 5 getting hit hardest
The recent adjustment to vehicle tariffs is expected to reduce the overall impact on car prices, yet consumers may still experience higher costs due to ongoing trade-related expens...
Read Full Article →McDonald's has a warning about the economy
McDonald’s experienced a noticeable drop in stock value due to weaker-than-expected quarterly earnings, reflecting the impact of widespread economic challenges on consumer spending...
Read Full Article →