Business News
Here's what happens if Fannie Mae and Freddie Mac go private
CNBC - 19 Feb 2025 15:00
The U.S. government may soon return Fannie Mae and Freddie Mac to private markets less than two decades after turmoil nearly toppled the mortgage industry.
HP to Buy Humane, Maker of the Ai Pin, for $116 Million
The New York Times - 19 Feb 2025 02:54
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI's Sam Altman. The pin will be discontinued.
MicroStrategy has cut 20% of its workforce as its bitcoin buying multiplies
Market Watch - 19 Feb 2025 01:56The Palantir Guide to Saving America's Soul
The New Yorker - 19 Feb 2025 20:39
Alexander Karp, Palantir's philosopher-C.E.O., thinks that a restored military-industrial complex can make our country great again.
Apple to launch new lower-price iPhone at $429 as it faces stiff Chinese competition
New York Post - 19 Feb 2025 17:02
The tech giant is expected to introduce a new version of its iPhone SE, a somewhat more outdated smartphone that starts at just $429 on its website.
Wingstop's stock slides 7% as higher chicken costs lead to revenue shortfall
Market Watch - 19 Feb 2025 15:37Etsy misses Wall Street's revenue estimate as marketplace sales dip
Market Watch - 19 Feb 2025 14:39The Philippine Mars took its final flight. See photos of the flying-boat aircraft from WWII to its last 800-mile journey.
Business Insider - 19 Feb 2025 02:33Strategy Moves to Raise $2B for More Bitcoin--Massive BTC Buy Incoming?
Bitcoin.com - 19 Feb 2025 02:30
Betting big on bitcoin, Microstrategy is raising $2 billion through convertible notes to fuel further BTC acquisitions, reinforcing its vision as the ultimate bitcoin treasury firm. Strategy Targets $2B in Fresh Capital�...
Bumble investors shrug off revamp, shares drop as forecast disappoints
Market Watch - 19 Feb 2025 00:36Fed's shift to 'inclusive' employment goal may be to blame for rising inflation: economists
New York Post - 19 Feb 2025 00:33
Economists have been sounding the alarms that the Fed's "inclusive" employment strategy may be to blame for staggering inflation.
Electric truck startup Nikola files for bankruptcy
L.A. Times - 19 Feb 2025 23:54
After struggling to raise cash and undergoing several leadership changes, the electric semi truck maker Nikola filed for bankruptcy Wednesday.
As Trump, GOP grow leery of Medicaid cuts, here's who may foot tax-cut bill
Market Watch - 19 Feb 2025 23:50Will your tax preparer save you money or make costly mistakes? Look for these red flags.
Market Watch - 19 Feb 2025 23:46Why healthcare navigation is a broken system
Fast Company - 19 Feb 2025 23:45
The solution is an all-in-one healthcare model. How is that different? The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneurs who share their insi...
Nigeria Eyes Crypto Tax Revenue
Bitcoin.com - 19 Feb 2025 23:40
Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Sec...
IRS Layoffs Amid Trump's Federal Workforce Reduction Could Delay 2025 Tax Refund Schedule
IBTimes - 19 Feb 2025 23:35
Donald Trump could terminate almost 16,000 recently hired IRS employees next week, in the middle of the tax season, as part of the broader federal downsizing spearheaded by Elon Musk.
These 12 stocks could be big winners if they make this one key move
Market Watch - 19 Feb 2025 23:31US Fed warns Trump's tariffs may increase prices
BBC - 19 Feb 2025 23:27
The minutes from the last meeting of the e Fed's rate setting committee reveal inflation concerns.
No, 'DOGE' cannot save Social Security or Medicare
Market Watch - 19 Feb 2025 23:26Forever 21 plans to close 200 stores in second bankruptcy: report
New York Post - 19 Feb 2025 23:23
The potential bankruptcy is also looking for a buyer for the retailer's remaining stores.
Trump Labor Nominee Lori Chavez-DeRemer Faces Pressure at Senate Hearing
The New York Times - 19 Feb 2025 23:13
Asked for her views on pro-labor legislation she backed as a House Republican, Lori Chavez-DeRemer said she would simply serve the president's agenda.