Literacy’s on the menu in these school vending machines
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Which sectors could be hit hardest by Donald Trump’s 25% tariffs? A Deutsche Bank exec weighs in
DEEPAK PURI (DP): Well, I think the companies that export steel and aluminum to the US, they’re going to have a little bit of a negative price reaction because the chances are with that, those kind of tariffs, there’s going to be a substitution effect.
16 states betting on a U.S. Bitcoin Reserve
On January 28, one of Utah’s house committees voted 8-1 in favor of a bill named the “Blockchain and Digital Innovation Amendments” that would allow the state to invest a portion of its public funds in Bitcoin and other cryptocurrencies.
Education Department’s doors blocked to House Democrats
On Wednesday, 96 Democratic members of Congress sent a letter to Carter requesting an "urgent" meeting to discuss the Trump administration's plans for what they say is to "illegally dismantle or drastically reduce" the Education Department.
DOGE’s biggest fans, Trump’s trade war begins, and China hits back: Politics news roundup
China’s antitrust watchdog is reportedly eyeing a formal probe into Apple’s (AAPL) fees for app developers, giving CEO Tim Cook another problem to worry about as the U.S.’ trade war with Beijing kicks off.
China returns fire in Trump’s trade war with new tariffs and a Google probe
China’s Commerce Ministry also put PVH Corp. (PVH-3.58%), which owns fashion brands Calvin Klein and Tommy Hilfiger, and biotechnology form Illumina (ILMN+0.53%) on its “unreliable entity” list.
K-12 cybersecurity a hot topic in state legislatures in 2024
PowerSchool, an ed tech software service, disclosed in January that it had fallen victim to a cybersecurity incident where a threat actor gained unauthorized access to some of the company’s student and staff information systems.
Walgreens suspends its dividend, and the stock falls
Walgreens Boots Alliance Inc., the well-known American pharmacy chain, has decided to suspend its quarterly dividend, a move that aims to realign its financial strategy amidst ongoing economic challenges.
MicroStrategy keeps buying more Bitcoin. Here’s how much it owns now
Under the leadership of former dot-com entrepreneur and current executive chairman Michael Saylor, and CEO Phong Le, the business intelligence firm has continued to accumulate Bitcoin.
The Fed is likely to hold interest rates steady as Trump calls for cuts
After a series of three cuts toward the end of 2024, the Fed’s likely decision to hold steady reflects its cautious approach amid economic uncertainties and a landscape influenced by previous fiscal and monetary policies.
First-year college enrollment spiked 5.5% in fall 2024
Shapiro addressed the research center’s methodological error during a call Wednesday with reporters.The erroneous preliminary report found that first-year enrollment had declined by 5% — over 10 percentage points lower than what the final data showed.
Bitcoin, Ether, Solana, Mantra, and more: Cryptocurrencies to watch this week
Last week, Trump signed an executive order that set the stage for industry-friendly regulations and a national cryptocurrency stockpile — key campaign promises he made to the industry.
Samsung’s AI phones, Databricks’ $10 billion, and Palona’s sales agent: This week’s AI launches
The bank’s chief information officer Marco Argenti told CNBC that the program, called GS AI assistant, has been rolled out to 10,000 workers so far, and that the firm plans to give it to all bankers, traders, and asset managers by the end of the year.
Bankrupt Spirit Airlines is laying off 200 employees
“We are executing on plans to rightsize our organization to align with our current fleet size and level of flying and ultimately optimize our airline,” the ultra-low-cost carrier said in a statement shared with CNBC (CMCSA-0.07%).
Shark Tank’s Kevin O’Leary may soon own TikTok
“I’ve spoken to all the potential bidders, and it’s clear to me that Frank McCourt and Project Liberty are the team to get this done,” O’Leary said in a statement Thursday.
ESA programs getting underway in Alabama, Louisiana
Funding for student accounts will depend on annual state appropriations and can be used for private school tuition and fees, tutoring, educational therapies, textbooks and curricula, dual enrollment courses, and uniforms.
Look inside the $68 million mansion that Ben Affleck and Jennifer Lopez can’t sell
Inside the mansion, residents have access to basketball and pickleball courts, a fully equipped gym, a boxing ring, a sports lounge, and a bar.