US Stocks Fall as Hot Inflation Data Pushes Dow Down 600 Points
US stocks slid Friday after wholesale inflation came in hotter than expected, sending the Dow down more than 600 points and putting major indexes on track for February losses.
Business
Bitcoin Drops Below $65K as Trump Tariff Move Shakes Crypto Markets
Bitcoin fell under $65,000 as President Donald Trump’s tariff escalation rattled risk markets, with analysts pointing to macro uncertainty and weak liquidity as key drivers of the crypto downturn.
US Economy Slows to 1.4% Growth in Late 2025
US economic growth slowed sharply to 1.4% in the fourth quarter of 2025 as the government shutdown and weaker consumer spending weighed on activity. Inflation remained elevated near 3%, complicating the Federal Reserve outlook.
New Hampshire Suspends Vehicle Inspection Program Amid Legal Dispute
New Hampshire has temporarily suspended its vehicle inspection program following a legal dispute tied to federal emissions requirements. Drivers are still responsible for keeping vehicles safe despite the absence of mandatory inspection stickers.
McDonald’s Offers Free McNugget Caviar Kits for Valentine’s Promotion
McDonald’s introduced a limited Valentine’s promotion offering free McNugget caviar kits online, with the viral giveaway selling out within minutes as part of a marketing campaign to attract customer attention.
Gold Surges Above $5,000 After Weeklong Rally in Global Markets
Gold prices climbed above $5,000 per ounce after a weeklong rally, extending strong long-term momentum with gains of nearly 8% in the past month and more than 70% over the past year.
Novo Nordisk Shares Slide After Earnings Outlook Warns of 2026 Decline
Novo Nordisk shares fell sharply after the company forecast declining sales in 2026 due to pricing pressure on weight-loss drugs, even as strong early adoption of its new GLP-1 pill points to potential long-term growth.
Nvidia Stock at $172.26 Slides as AI Valuation Concerns Weigh on NVDA
Nvidia is trading at $172.26 after renewed selling pressure, as investors weigh lofty valuations against slowing AI momentum despite strong revenue growth.
Bitcoin Slides to $66,723 in Historic Dip as Market Faces Heavy Sell-Off
Bitcoin fell sharply to $66,723 on February 5, its steepest intraday drop in months, as heavy selling pressure hit crypto markets, reviving fears of a deeper correction after recent volatility.
Nike Stock at $63.13: Five-Year Slide Puts Pressure on Turnaround Strategy
Nike shares trade near five-year lows as margin pressure and competition weigh on growth. Investors are watching closely for signs that the company’s turnaround strategy can revive momentum.
Markets tumble as stocks, gold, and bitcoin slide after Trump’s Fed pick
Global markets slid as US stock futures, precious metals, and cryptocurrencies dropped sharply following President Trump’s nomination of Kevin Warsh to lead the Federal Reserve, raising fresh uncertainty over interest rates and market stability.
Bitcoin Slides to $80.8K After Sudden $2,200 Drop in 45 Minutes
Bitcoin plunged $2,200 in just 45 minutes, hitting a new yearly low of $80,800. The sudden selloff triggered $381 million in liquidations and erased more than $70 billion from the global crypto market without any major news catalyst.
XRP Slides to $1.60 as Crypto Sell-Off Deepens and Key Support Breaks
XRP dropped to about $1.60 after breaking key support levels, extending losses from earlier sessions. The move reflects market-wide liquidation pressure rather than token-specific news, with traders now watching for stability near new support.
Bitcoin Drops Below $80,000, Touches $77,200 in Sharp Sell-Off
Bitcoin fell to its lowest level in nearly one year after breaking below the $80,000 support zone, triggering heavy liquidations and renewed fear across the crypto market. The last comparable low was seen in April 2025 at $76,273.
Gold Jumps Above $5,500 as Investors Rush to Safe Haven
Gold prices climbed to $5,535.47 per ounce after a sharp daily rise, fueled by strong investor demand and growing global uncertainty. The metal has gained more than 60 percent over the past six months.
Tesla Profit Falls to Lowest Level Since Pandemic as Sales Slow
Tesla reported its lowest annual profit since the pandemic, as slowing vehicle sales and rising costs weighed on earnings despite the company’s push into artificial intelligence and autonomous technology.
Dow Slips as UnitedHealth Sinks While S&P 500 Reaches New Record
US stocks closed mixed as health insurers plunged on proposed Medicare rate limits. UnitedHealth led losses, pushing the Dow lower, while the S&P 500 hit a new record and tech stocks lifted the Nasdaq.
Gold Holds Near $5,053 After Breaking $5,100 as Investors Seek Safety
Gold retreated slightly to about $5,053 per ounce after briefly topping $5,100, while silver stayed near record highs, as investors continued to move into precious metals amid global policy uncertainty and debt worries.
Louisiana CEO Shares $240 Million With Workers After $1.7 Billion Company Sale
Graham Walker stunned the business world after selling Fibrebond for $1.7 billion and directing $240 million to 540 employees, giving factory and office staff life changing financial security.
XRP Breaks $2.12 as Tight Supply and ETF Demand Fuel Price Momentum
XRP climbed above $2.12 after breaking key resistance, supported by shrinking exchange supply and steady inflows into U.S.-listed spot ETFs, signaling growing institutional demand as 2026 begins.
When Tax Filing Begins in 2026 and Why Many Americans May See Larger Refunds
The IRS is expected to open the 2026 tax filing season in late January, with many taxpayers likely to receive larger refunds due to overwithholding and new deductions tied to tips, overtime, and other income changes.
Novo Nordisk’s Share Price Slide Sparks Debate Over Whether the Stock Is Now a Bargain
Novo Nordisk’s sharp market decline in 2025 has raised questions among investors about whether the pharmaceutical giant is facing lasting pressure or offering a rare buying opportunity amid strong long term demand for diabetes and obesity treatments.
Starbucks Red Cup Day Returns on November 13 with Free Reusable Cups and Festive Holiday Merchandise
Starbucks celebrates the holidays with its 2025 Red Cup Day on November 13, offering free reusable cups with select drinks and unveiling new festive merchandise collections.
Mega Millions Jackpot Soars to $965 Million as Players Dream of Historic Win
The Mega Millions jackpot has surged to $965 million after no ticket matched all numbers in Tuesday’s drawing, marking the 40th consecutive rollover and fueling nationwide excitement ahead of Friday’s draw.
CoreWeave Acquires Core Scientific in $9 Billion Deal to Expand AI Power Capacity and Secure Data Infrastructure
CoreWeave will acquire crypto miner Core Scientific in a $9B all-stock deal to scale its AI infrastructure, securing 1.3 GW of power for future AI workloads.
U.S. Markets Slide as Trump Announces 25% Tariffs on Japan, South Korea; Dow Drops 400 Points, Nasdaq Slips
U.S. stocks fell sharply Monday after Trump announced 25% tariffs on imports from Japan and South Korea, sparking investor fears and renewed trade tensions.
Tesla Stock Plunges After Trump Slams Musk’s ‘America Party’ as ‘Ridiculous’ and Calls Him a ‘Train Wreck’
Tesla shares fell over 7% after Donald Trump dismissed Elon Musk’s new political party as “ridiculous” and accused him of going “off the rails.”
Kroger Faces Backlash Over Sloppy Juneteenth Cakes, Sparks National Debate on Holiday Recognition
Kroger apologized after viral TikTok videos exposed poorly decorated Juneteenth cakes in a Georgia store, igniting outrage and humor online. The incident highlights broader conversations about corporate respect for cultural holidays.