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US stocks tumbled amid rising bond yields and tariff uncertainty, with S&P 500 down 1.2% and Nasdaq leading declines on tech selloffs. Gold hit record highs driven by Fed rate cut expectations. Markets face pressure from geopolitical tensions and economic data raising recession concerns.
Nestlé ousts CEO Laurent Freixe following an internal investigation into an undisclosed relationship with a subordinate. The company appoints longtime executive Philipp Navratil as successor amid governance concerns.
93% – Probability of US recession according to UBS hard data analysis.
Court rulings strike down many of President Trump’s sweeping tariffs, intensifying trade uncertainty. The administration plans to seek expedited Supreme Court review amidst concerns over economic impact.
Alphabet’s Google avoids breakup in landmark antitrust ruling but faces restrictions on exclusive search deals to curb monopoly practices, triggering a stock surge.
Anthropic Raises $13 Billion to Triple AI Valuation to $183 Billion
Anthropic closed a massive $13 billion funding round, boosting its valuation to $183 billion, signaling soaring investor confidence amid surging AI technology demand.
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Trump administration military forces conduct lethal strikes against Venezuelan drug vessels, escalating pressure on Maduro’s regime and intensifying geopolitical tensions in the Caribbean.
Kraft Heinz announces plans to split into two publicly traded companies after a decade-long merger, aiming to revive growth amid changing consumer tastes.
Constellation Brands Slashes Earnings Outlook on Weak Beer Sales
Constellation Brands cut its fiscal guidance after immigration crackdowns hit sales of high-end beers, underscoring economic pressures on consumer spending among Hispanic populations.
More on wsj.com
Anthropic closes $13 billion funding round, tripling its valuation to $183 billion as demand for AI technology surges, marking one of the largest AI fundraises to date.
Starbucks bets big on protein, launching protein-packed cold foam and lattes to capitalize on growing consumer demand for protein-infused beverages.
US Treasury Secretary announced plans to begin Federal Reserve chair interviews as administration seeks to manage monetary policy amid economic uncertainty.
US manufacturing continues to contract for the sixth straight month amid tariff fallout and economic uncertainty, signaling ongoing challenges in the industrial sector.
Tesla shifts focus from vehicle sales slump towards Optimus humanoid robots, projecting them as the majority of company’s future valuation despite production delays.
“I need less heads” — Salesforce CEO Marc Benioff on AI-driven cuts of 4,000 customer service jobs.
— Marc Benioff, Salesforce CEO
Zscaler posts Q4 earnings beat and strong revenue guidance fueled by demand in AI-powered cybersecurity products, driving share prices higher.
Trump administration’s deployment of National Guard troops in Los Angeles deemed illegal by federal judge, sparking renewed debate over domestic military deployments.
Amazon ends Prime free-shipping sharing program, shifting members to Amazon Family plan requiring shared address, tightening benefit access.
Constellation Brands cuts fiscal outlook amid weak beer demand due to immigration crackdown reducing Hispanic consumer spending on high-end beers like Modelo and Corona.
US Treasury Secretary prepares to begin interviews for Fed Chair as political pressure mounts amid calls for aggressive rate cuts to ease economic slowdown fears.
Google’s AI chatbot Gemini expands features to compete in productivity tools sector, enhancing generative AI offering and interface capabilities.
Microsoft CEO Satya Nadella shares top AI prompts that ‘supercharge’ workflows, reflecting growing CEO embrace of AI amid concerns about AI-driven workforce disruption.
Gold prices hit fresh all-time highs surpassing $3,550 an ounce on weaker dollar and expectations of Federal Reserve rate cuts, attracting safe-haven demand.
Powerball jackpot surges to $1.3 billion after no winning ticket in the Labor Day drawing, marking one of the largest lottery prizes in history.
Illinois Governor JB Pritzker rejects Trump’s threats to send National Guard to Chicago, emphasizes refusal to accept worsening crime as normal in the city.
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