U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big ticket items, particularly cars, before President Donald Trump’s expansive new tariffs started kicking in. Retail sales rose 1.4% in March, after rising 0.2% in February, according to the Commerce Department. Retail sales fell 1.2% in January, hurt in part by cold weather that kept more Americans indoors, denting sales at car dealers and most other stores.
Bitcoin at Risk of Dropping to $75K if BTC's $83K Support Breaks, Chart Analysis Show
Key intraday averages look to cross bearish as bulls struggle to engineer a breakout above $86K.
Stocks making big moves yesterday: Allegro MicroSystems, Netflix, Hewlett Packard Enterprise, Sterling and Rocket Lab
Allegro MicroSystems (NASDAQ:ALGM): Chip designer Allegro MicroSystems (NASDAQ:ALGM) Allegro MicroSystems fell by 13.4% on Monday after ON Semiconductor withdrew its proposal to acquire the company. See our full article here.
JB Hunt Stock Sinks as Logistics Firm's Executives Say Tariffs Could Hit Demand
Shares of J.B. Hunt Transport Services fell in premarket trading Wednesday, a day after comments from executives on potential tariff impacts outweighed better-than-expected first-quarter results.
European Stocks Trim Losses as China Sees Potential for US Talks
(Bloomberg) -- European equities pared losses after China said it’s open to trade talks if the Trump administration takes a number of steps and shows more respect. Most Read from BloombergHow Did This Suburb Figure Out Mass Transit?Trump Signs Executive Orders on Federal Purchasing, Office SpaceWhy the Best Bike Lanes Always Get BlamedLA County Floats Leaner Budget Burdened by Fire and Legal CostsThe Stoxx Europe 600 Index was down 0.6% at 12:51 p.m. in London after falling as much as 1.4% earli
Why a top HR executive at PwC says that in an AI-fueled labor market ‘skills are currency’
Managing director Kimberly Jones says that employees at the company pick who they want to work with based on their skills, not titles.
Crypto investment startup Glider raises $4 million in round led by Andreessen Horowitz
The company will use the money to expand its team and develop its marketing strategy.
5 Things to Know Before the Stock Market Opens
News of the day for April 16, 2025
Lyft to enter European market with $200 million FreeNow acquisition
Lyft is buying mobility platform FreeNow from German automotive giants BMW and Mercedes-Benz for 175 million euros ($198.40 million) to expand into the European ride-hailing market, the U.S. company said on Wednesday. Under pressure from dominant ride-hailing rival Uber Technologies in its home North American market, Lyft has been seeking new avenues to grow its business. The acquisition of FreeNow will nearly double its potential market and open doors to major European cities such as London, Frankfurt, Paris and Milan, where the German firm offers services ranging from traditional taxi to e-scooter rentals and car-sharing options.
Nvidia stock slides premarket after warning of $5.5 billion hit from Trump's China chip restrictions
Nvidia said the Trump Administration was restricting the sale of H20 chips to China to help prevent Beijing developing its own supercomputer.