Today's Top Business News
Welcome to our business news section, where we bring you the latest headlines and in-depth articles on the business world. Stay informed and engaged with current events and trends shaping the industry today.
7 May 2025Stock futures tick lower after S&P 500 posts first positive day in three following Fed decision: Live updates - CNBC
The three major averages ultimately finished Wednesday higher following the Fed decision in what was a volatile day of trading.
7 May 2025Arm Stock Falls After Chip Designer Gives Weak Guidance - Investor's Business Daily
Arm Holdings beat estimates for its fiscal fourth quarter but came up short with its guidance. Arm stock fell after the report.
7 May 2025US scraps Biden-era rule that aimed to limit exports of AI chips - Financial Times
Official says Trump administration will draft guidelines to ensure American technology flourishes
7 May 2025AppLovin Trounces Q1 Targets. Stock Jumps After Report. - Investor's Business Daily
AppLovin late Wednesday easily beat Wall Street's targets for the first quarter. AppLovin stock jumped in extended trading.
7 May 2025Carvana's record quarterly results top Wall Street expectations - CNBC
Carvana's first-quarter results easily topped Wall Street's expectations as the company reported record sales.
7 May 2025"Hell to pay": Milken crowd hopes threat of GOP midterm wipeout will stop tariffs - Axios
Dealmakers and executives at the Milken Global Conference bemoaned the White House's trade policy.
7 May 2025Fed leaves rates on hold, warns of "higher risks" to U.S. economy in tariff shock - Axios
New language in the Fed's policy statement said the committee "judges that the risks of higher unemployment and higher inflation have risen."
7 May 2025Pandora CEO says producing jewelry in America 'simply won't work': 'I can't find that amount of talent that actually has this craft experience in the U.S.' - Fortune
The U.S. jewelry company employs nearly 15,000 Thai workers to produce its charm bracelets and rings.- 7 May 2025
Google is making another bet on nuclear energy as it steps up its AI efforts - MarketWatch
The tech giant is pledging early-stage development capital to three nuclear-energy sites 
7 May 2025Trump tariffs could make Americans pay $123B more annually for 10 common gadgets - Ars Technica
Average US price of smartphones, game consoles, and laptops may soon exceed $1,000.- 7 May 2025
Apple says searches are shrinking because people are using AI instead. Now Google's stock is tanking. - Business Insider
Google has been worrying about losing search share to AI engines like ChatGPT for a couple of years. 
7 May 2025Weightwatchers files for bankruptcy as Ozempic and Mounjaro surge in popularity - BBC
The firm is struggling with debt and tough competition from weight-loss drugs.
7 May 2025Ford hikes prices on these Mexico-produced models, citing Trump’s tariffs - New York Post
Ford earlier this week said Trump’s trade war would add about $2.5 billion in costs for 2025.
7 May 2025Why the Asian currency blowup matters - Axios
The Taiwanese dollar surged 10% relative to the U.S. dollar between last Thursday and Monday.- 7 May 2025
Moderna study shows immune response in older adults for a combo flu and COVID-19 shot - AP News
A combination shot for flu and COVID-19 using messenger RNA generated antibodies in a company-funded study. The study was published Wednesday in the Journal of the American Medical Association. U.S. government regulators want to see data on whether the new va… 
7 May 2025Foreign Interests Appear to Be Pouring Millions Into Trump’s Meme Coin - Rolling Stone
The top buyers of Trump's crypto meme coin used exchanges that ban U.S. users, indicating they are likely foreign buyers, Bloomberg reports.
7 May 20252026 Chevrolet Corvette's Redesigned Interior Is Way More User-Friendly But Thankfully Still Strange - Jalopnik
The C8 Corvette's most controversial feature has been reworked for 2026, but that's just the start of a big improvement in the cabin.
7 May 2025Disney’s streaming business is picking up momentum - The Verge
Disney’s streaming business saw another leap in profitability during its second fiscal quarter earnings results, with operating income for Disney Plus and Hulu increasing from $289 million last quarter to $336 million.- No Image Available7 May 2025
Rivian, Lucid Stock Strangely Calm After Earnings - Barron's
- No Image Available7 May 2025
New York Times Posts Gains in Advertising and Subscription Revenue - WSJ
- 7 May 2025
China rolls out more stimulus and agrees to trade talks with the US as tariffs hit economy - AP News
China has rolled out a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump's trade war. The two sides said Wednesday that they plan to hold talks in Geneva, the first such high-level exchange since Trump began ramping… - No Image Available7 May 2025
Uber Stock Tumbles on First-Quarter Earnings. Here’s Why. - Barron's
7 May 2025Biotech stocks plunge and industry figures left to wonder after Prasad's FDA appointment - Endpoints News
How did biopharma stocks react to Vinay Prasad’s appointment as director of one of the FDA's top jobs? Not well. Prasad, a hematologist-oncologist by training who gained prominence for criticizing ...
7 May 2025Rite Aid closing all its stores in Philadelphia, selling off HQ - WHYY
The Philadelphia-based retail pharmacy business filed for bankruptcy again this month, the second time in less than two years.:max_bytes(150000):strip_icc()/AMDChart-6c4a62a396dc4d1db2726faf3eca7bfa.gif)
7 May 2025Watch These AMD Stock Price Levels as Chipmaker's Data Center Sales Drive Earnings Beat - Investopedia
AMD shares gained ground in extended trading on Tuesday after the chipmaker posted first-quarter earnings that surpassed Wall Street expectations, boosted by surging data center sales. Monitor these support and resistance levels.
7 May 2025Businesses struggle to navigate as Trump’s tariff fallout hits West Coast ports - Politico
The businesses that rely on goods moving through California’s ports are about to feel the pain of Trump’s trade war.
7 May 2025Inside the Senate's last-ditch fight to save the GENIUS Act - Axios
It's become clear that it may need up to 10 Democratic votes to counter as many as three GOP defections.
6 May 2025US Trade Deficit Has Doubled in a Year - Newser
It hit a record high in March amid pre-tariffs stockpiling- 6 May 2025
Israeli spyware giant NSO Group ordered to pay nearly $170M to WhatsApp for hacking accounts - Politico
The ruling is a major win for privacy advocates and those pushing back against NSO Group’s controversial Pegasus software. :max_bytes(150000):strip_icc()/GettyImages-2213174445-b23bba090e9340989cde98343a1eab4d.jpg)
6 May 2025S&P 500 Gains & Losses Today: Stocks Fall for Second Day as Palantir, Pharmaceuticals Drop - Investopedia
The S&P 500 slipped 0.8% on Tuesday, May 6, 2025, falling for a second straight day as investors awaited news on U.S. tariff policies and prepared for tomorrow’s Federal Reserve announcement.
