Trump aims at ‘wasteful’ spending by ordering end to penny production

U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025.  Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States […]

Stocks making the biggest moves premarket: BP, NUE, TSLA, META

Check out the companies making headlines before the bell. Semtech – The semiconductor manufacturing company plunged more than 28% after it warned in an 8-K filing that fiscal 2026 net sales from its CopperEdge products used in active copper cables are now underperform “due to rack architecture changes.” Semtech also said that it doesn’t expect […]

Consumer Financial Protection Bureau staff to work remotely, HQ shuttered

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White House in Washington, U.S., March 11, 2019. Jonathan Ernst | Reuters Consumer Financial Protection Bureau employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to […]

DeepSeek’s AI breakthrough could get global investors interested in China again

DeepSeek’s rise is the catalyst that will prompt global investors to allocate more toward Chinese stocks, even as economic worries persist, analysts predict. “Before the overarching talk was, China is uninvestible. … Now you definitely see people start thinking it probably helps to have China,” said Liqian Ren, leader of quantitative investment at WisdomTree. It’s […]

Trump may boost for big banks due to deregulation, small caps

The Trump administration may create powerful tailwinds for two vastly different market groups: Big banks and small cap stocks. In the case of financials, Astoria Portfolio Advisors’ John Davi predicts deregulation — along with a boost in IPO and mergers and acquisitions — to spark multi-year strength. “The funny thing about the banks is that […]

Have a Restful Weekend. | Cup of Jo

What are you up to this weekend? My boyfriend Freddie just met my dad and brother, and we were both so nervous beforehand. (My dad can be famously stern!) Thankfully it went really well. Hope you have a good one — take gentle care of yourself — and here are a few links from around […]

Many workers would take a pay cut to work from home

Coroimage | Moment | Getty Images Many workers value remote work to such a degree that they’d take a pay cut to be able to work from home, even on a part-time basis, studies show. The prevalence of remote work ballooned during the Covid-19 pandemic. Many experienced telework perhaps for the first time in their […]

Winter Fashions I’m Monitoring

By the lovely Grace Farris. P.S. Things that prevent me from wearing white pants and things I want from books.… Read more The post Winter Fashions I’m Monitoring appeared first on Cup of Jo. Source link

Stocks making the biggest moves premarket: PINS, AMZN, TTWO, TSLA

Check out the companies making headlines before the bell. Affirm Holdings — Shares of the payment company popped 14% after Affirm exceeded earnings and revenue expectations for the fiscal second quarter . Affirm, which provides buy now, pay later loans, reported $866 million in revenue for the period, while analysts polled by LSEG expected $807 […]