Stock Market News

Meta Launches Instants For Photo Sharing

A New Push Into Ephemeral Sharing Meta has launched Instants, a new iPhone app and Instagram feature built around spontaneous photo sharing. The product is designed for casual, unfiltered images that disappear

Iran’s Economy Strains Under War Pressure

Hormuz Leverage Comes At A Domestic Cost Iran’s control over the Strait

GM Cuts IT Jobs As AI Reshapes Workforce

Layoffs Hit Technology Teams General Motors laid off about 500 to 600

AI Stocks Stall Wall Street’s Record Run

Technology Pullback Hits Major Indexes A sudden retreat in technology shares interrupted

Maryland Pushes PJM Power Market Reform

Data Centers Face Growing Scrutiny Maryland Governor Wes Moore is calling for

Finance

Trump files $5bn lawsuit against JPMorgan and Dimon

Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of

Natural gas prices jump as Arctic cold grips the U.S.

Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense

UK court backs regulator on cross-border card fee caps

Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s

U.S. Holiday Retail Sales Rise as Shoppers Seek Deals

Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting

RBC boosts dividend as record results fuel global ambitions

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board

Business

Disney Rises As New CEO Outlines Strategy

D’Amaro Sets A Clear Direction Walt Disney shares rose nearly 8% in early trading after new chief executive Josh D’Amaro outlined his strategy for

Spirit Shutdown Empties LaGuardia Terminal

A Sudden Collapse Hits Terminal A The abrupt shutdown of Spirit Airlines

Sony Settlement Opens For PlayStation Users

A $7.85 Million Deal Moves Forward Some PlayStation customers in the United

Pickleball Inc. Raises $225 Million

A Record Investment For A Fast Growing Sport Pickleball Inc., the new

Meta Links Layoffs To Rising AI Spending

Zuckerberg Addresses Workforce Cuts Meta Chief Executive Mark Zuckerberg told employees that

Musk And Altman Face Trial Over OpenAI

A Silicon Valley Feud Enters Court A long running dispute between Elon

Spirit Rescue Plan Could Redraw Airline Competition

A possible federal rescue package for Spirit Airlines is raising far bigger

Technology

AI Hacking Becomes Industrial Threat

Google Warns Of A Rapid Escalation AI-powered hacking has moved from an emerging concern to an industrial-scale threat in just three months, according to a new report from Google’s threat intelligence group.