Trump announces Vietnam trade deal, 20% tariff on its imports to U.S.

Vietnam, whose exports to the U.S. reportedly comprised 30% of its gross domestic product last year, is especially vulnerable to Trump's tariffs.

Published: 2 hours ago

The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says

Economists polled by Dow Jones forecast an increase of 100,000 for the month.

Published: 4 hours ago

Microsoft laying off about 9,000 employees in latest round of cuts

Microsoft surpassed expectations on revenue and profit but is slimming down across ranks, organizations and geographies.

Published: 3 hours ago

S&P 500 hits new record as Trump announces Vietnam trade deal, gains limited by weak jobs data: Live updates

The S&P 500 rose on Wednesday after President Donald Trump announced a U.S.-Vietnam trade deal.

Published: 6 minutes ago

Stocks making the biggest moves midday: Tesla, Centene, Robinhood, Nike and more

These are the stocks posting the largest moves in midday trading.

Published: 49 minutes ago

Bank of America says autonomous cars are having their 'ChatGPT' moment. How to play it

Fully commercial robotaxis run in seven cities and 20 more are in progress, the firm said.

Published: 30 minutes ago

Tesla reports 14% decline in vehicle deliveries, marking second straight year-over-year drop

Tesla reported another year-over-year decline in vehicle deliveries as the company faces increased competition from lower-cost rivals.

Published: 2 hours ago

House Republicans race to pass Trump's megabill amid GOP divisions

Speaker Mike Johnson can lose just three members' votes and still pass the bill in a party-line vote. But more than a dozen Republicans are currently noes.

Published: 51 minutes ago

Sean 'Diddy' Combs convicted on prostitution counts, acquitted of more serious charges

Combs was convicted of transportation to engage in prostitution but acquitted of racketeering conspiracy and two counts of sex trafficking.

Published: 3 hours ago

Ether and related stocks gain amid the latest crypto craze: Tokenization

Stocks tied to the price of ether were higher, reflecting renewed enthusiasm for the crypto asset amid a surge of interest in stablecoins and tokenization.

Published: 47 minutes ago

Wisconsin Supreme Court strikes down state's 1849 near-total abortion ban

Abortion providers in the state resumed the procedure in 2023 after a judge ruled that the 176-year-old ban was superseded by a more recent law.

Published: 3 hours ago

Homeowner’s insurance premiums vary widely from state to state, but they are all going up

Homeowner’s insurance premiums are going up as increasingly severe storms and other disasters, combined with rising housing costs, are pushing rates higher.

Published: 52 minutes ago

Robinhood stock tops $100 to new record, roaring 30% since being snubbed from S&P 500

CEO Vlad Tenev said the goal is to merge crypto infrastructure with traditional finance by putting real products in customers’ hands.

Published: 3 hours ago

On the hunt for cheap stocks due for a second half bounce with Morningstar

Traders are starting to rotate into a sector that looks very cheap after its underperformance this year.

Published: 3 hours ago

Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

Constellation Brands missed Wall Street's estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand and paid higher aluminum tariffs.

Published: 3 hours ago

Mortgage refinance demand surges, as interest rates drop further

Mortgage rates continued to fall, causing more homeowners to apply to refinance at those lower rates. Homebuyers, however, were less impacted by lower rates.

Published: 7 hours ago

New Stellantis CEO taps Kuniskis to oversee American brands, brings back SRT division

Tim Kuniskis was promoted to lead American brands and North American marketing for Stellantis.

Published: 4 hours ago

Rivian deliveries decline sharply as tariffs hit demand

Rivian reported a sharp fall in second-quarter deliveries on Wednesday, as demand takes a hit from stiff competition and tariff uncertainty.

Published: 3 hours ago

Student loan borrowers will have fewer repayment options under GOP megabill

The Senate narrowly passed it massive spending bill on July 1. Here's what it could mean for student loan borrowers if the bill becomes law.

Published: 2 hours ago

AI virtual personality YouTubers, or 'VTubers,' are earning millions

Published: 3 hours ago

Why Jim Cramer is not ready to blame AI for this year's Microsoft's layoffs

Microsoft on Wednesday announced its biggest round of layoffs this year.

Published: 20 minutes ago

Here's why I'm loving the Chase Sapphire Reserve 100,000-point, $500 travel credit welcome offer

The relaunched Chase Sapphire Reserve is offering its best-ever bonus for a limited time only.

Published: 4 hours ago

Pentagon halts weapons shipment to Ukraine amid concerns over U.S. stockpile

The move "was made to put America’s interests first," a White House spokeswoman said, as U.S. munitions have been depleted in recent years.

Published: 4 hours ago

Amazon deploys its 1 millionth robot in a sign of more job automation

Amazon announced its millionth worker robot, and said its entire fleet will be powered by a newly launched generative artificial intelligence model.

Published: 9 hours ago

Paramount agrees to pay $16 million to settle Trump's lawsuit over '60 Minutes' Kamala Harris interview

The lawsuit was filed in the Northern District of Texas and sought $20 billion in damages.

Published: 4 hours ago

Medicaid cuts in Trump's 'big beautiful bill' will leave millions uninsured, threaten rural hospitals

The bill would cut $1.1 trillion in health-care spending and result in 11.8 million people losing health coverage over the next decade, according to estimates.

Published: 2 hours ago

House Republicans subpoena Brown University and Penn in Ivy League antitrust probe

The probe was first launched in April, but the universities' responses were deemed "inadequate."

Published: 18 hours ago

Here are Wednesday's biggest analyst calls of the day: Apple, Microsoft, Netflix, Adobe, Amazon, Starbucks & more

Here are the biggest calls on Wall Street on Wednesday.

Published: 6 hours ago

Apple sues former Vision Pro employee for allegedly stealing 'thousands of documents' before joining Snap

Apple has accused a former engineer for its Vision Pro headset computer of stealing trade secrets before starting a new job at Snap, according to a lawsuit.

Published: 23 hours ago

Figma files for IPO on NYSE, plans to 'take big swings' with acquisitions

Figma filed its IPO prospectus on Tuesday, as the design software vendor looks to raise money and awareness to take on Adobe.

Published: 20 hours ago