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Nvidia’s Jensen Huang suffers a $20 billion blow to his net worth following DeepSeek bloodbath—it’s the biggest one-day loss in history
Jensen Huang likely had an especially bad case of the Mondays when DeepSeek came to town. Of course, as one of the richest people in the world, the co-founder of Nvidia ended up skating away
Kimberly-Clark Falls After Profit Miss, Sales Decline
Kimberly-Clark Corp., the maker of Scott toilet paper and Huggies diapers, reported a quarterly sales decline and adjusted earnings per share that missed expectations.
Consumers Start 2025 and Trump 2.0 on a Sour Note
The latest survey from the Conference Board showed a sharp decline in how Americans feel about the current state of the economy.
US tech stocks, dollar rebound after DeepSeek-triggered selloff
Technology stocks regained some ground on Tuesday with chipmaker Nvidia up about 2.5% in early trading, a day after it suffered the biggest one-day market capitalization loss in history, and traders
Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
General Motors swung to a loss in the fourth quarter on huge charges related to China, but still topped profit and revenue expectations on Wall Street. Last month GM cautioned that the poor
Wall Street hopes to get rid of a bad Elon Musk bet
Wall Street banks are hoping this is the week when they can start to recover more from the bad bets they made on Elon Musk’s Twitter buyout. Morgan Stanley (MS) and Bank of America (BAC) are among
Manufacturing building planned southeast of Grand Rapids gets state support
The Michigan Strategic Fund has approved a $9 million bond for Kraft Avenue Properties to build a 128,000-square-foot manufacturing facility the company is building in Cascade Township. Once built,
1099-K tax form new to you this year? What it means when filing for 2024
Taxpayers will receive a 1099-K from payment card companies, payment apps, and online marketplaces when transactions during 2024 was more than $5,000.
Yahoo Finance Chartbook: 44 charts that tell the story of markets and the economy to start 2025
After the best two-year stretch for the S&P 500 (^GSPC) since the late 1990s, few on Wall Street are calling for an end to the bull market run, and this optimism serves as the key throughline in the
As Nvidia Stock Rises, Here’s Why DeepSeek AI Worries Are Overblown
the chip maker saw its market value drop by $593 billion, the biggest one-day drop for any listed company on record.
U.S. manufacturers show signs of recovery from 2-year slump. But they still face headwinds.
Sales of big-ticket manufactured goods such as cars and overall U.S. business investment showed signs of revival toward the end of 2024, but it’s unclear whether a two-year industry slump is ending.
Tax help is easier than ever to find online. Should you file them yourself or pay a pro?
Each year, people wonder if they should do their own taxes or enlist a professional. We'll help you decide what to do for tax season 2025.
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