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Business News

Location American Business News for 13 March 2025
US tariffs could deepen Germany's recession, says bank Germany's central bank president says US tariffs and retaliation to them could tip Europe's largest economy into recession again.
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SEC vs Ripple: XRP Lawsuit Wrapping up as Negotiations Reach Final Stage--Report Ripple’s high-stakes legal battle with the SEC may soon end, as negotiations reportedly center on vacating a key ruling that imposed a $125 million fine. SEC vs. Ripple Nears Settlement? Report Suggests a Resolution Is...
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These 20 stocks are likely to be losers no matter what the market does Difficult-to-short stocks are often greatly overvalued.
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Another avocado seller is downplaying tariffs -- but is still monitoring this Trump policy Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn't expect any U.S. tariffs on imports from Mexico to have a "meaningful impact" on business, although it sai...
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Nvidia's stock is rebounding, but the key to a real recovery may surprise investors While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.
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Why DeepSeek's arrival looks like a key moment for safe AI Business leaders are ambitious about agentic AI but have legitimate concerns about data privacy, security, and compliance. The AI industry is growing up fast. New model releases are now a regular event and premium AI fea...
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Trump threatens 200% tariff on alcohol from EU Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.
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Jobless claims little changed, while impact from government spending cuts expected later this spring Initial jobless claims fell by 2,000 to 220,000 in the week that ended on March 8, the Labor Department said Thursday.
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New report casts significant doubt on Musk's and Trump's government-fraud claims It's yet another setback for Elon Musk's claim of a $1 trillion "DOGE dividend."
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Turkey tightens crypto regulations with new rules for exchanges, custodians Turkey is advancing its cryptocurrency regulations with new rules for crypto asset service providers (CASPs). On March 13, Turkey’s Capital Markets Board (CMB) published two regulatory documents regarding the licensing...
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Tesla's stock may be bouncing, but this analyst explains why you should keep selling One reason Tesla investors should sell into the stock's recent bounce is because of all the "political noise" surrounding Chief Executive Elon Musk, one analyst says.
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Former Treasury Secretary Steven Mnuchin said that the market may be "overreacting a bit" to policies rolled out by the new Trump administration.
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Texas Pushes Another Crypto Bill--$250M Investment Plan Unfolds Texas is ramping up its crypto adoption, with a new bill allowing up to $250 million in public funds to be invested--solidifying its leadership in digital assets. Texas Bill Paves Way for $250M Crypto Investment The U.S....
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Nvidia's GTC keynote will emphasize AI over gaming

Venture Beat - 13 Mar 2025 23:46
Don't expect to hear a lot about better framerates and raytracing at the Nvidia GTC keynote. AI will instead be the subject of the day.
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Solana CME futures tip impending US ETF approvals -- Exec The upcoming launch of Solana (SOL) futures on the Chicago Mercantile Exchange (CME), a US derivatives exchange, signals that the first US SOL exchange-traded fund (ETF) listings are coming soon, Chris Chung, founder of ...
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Solana CME futures tip impending US ETF approvals -- Exec The upcoming launch of Solana (SOL) futures on the Chicago Mercantile Exchange (CME), a US derivatives exchange, signals that the first US SOL exchange-traded fund (ETF) listings are coming soon, Chris Chung, founder of ...
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Global Voices Advocate for Roger Ver, Citing His Impactful Philanthropy As bitcoin pioneer Roger Ver battles extradition to the U.S. over tax-related charges, associates globally are spotlighting his anonymous philanthropy, from disaster relief to empowering underserved communities. A Beacon...
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Starbucks CEO Brian Niccol defends company's DEI practices, says they are 'key' strength of business Starbucks CEO Brian Niccol reaffirmed during a shareholder meeting this week that the company will continue focusing on diversity, calling it a key part of the coffee giant's strength.
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Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.
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Senate confirms Bill Pulte as FHFA director

American Banker - 13 Mar 2025 23:29
Senate confirms Bill Pulte as FHFA director Three Democratic senators joined Republican colleagues to confirm the businessman, who previously voiced his support for easing government regulations.
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Ulta Beauty CEO says investments in growth 'will take time' to pay off, but shares still rally Beauty-products retailer Ulta Beauty's stock climbed after hours Thursday, after the company offered a full-year forecast that was shy of Wall Street's estimates but fourth-quarter results that came in above expectations...
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Trump's trade war is stirring up booze battles

Business Insider - 13 Mar 2025 23:15
Trump's trade war is stirring up booze battles European wine, Kentucky bourbon, French Champagne, and other alcoholic beverages could be subject to tariffs if EU and US tariffs materialize.
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