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Paris cybercrime unit searches X's French headquarters and summons Elon Musk for questioning in probe involving alleged algorithm manipulation and child safety violations.
Berkshire Hathaway releases its 2025 annual report today with Greg Abel's first shareholder letter as CEO. The $380 billion cash pile and Apple stock sales signal a new chapter.
The IMF's 2026 Article IV consultation projects 2.6% US GDP growth but warns that public debt is on track to reach 140% of GDP by 2031, while tariffs threaten to cut output by 0.5%.
Core PCE inflation reaccelerated to 3.1% in January while GDP slowed to 1.4% in Q4. The Federal Reserve faces its most difficult policy environment since the 1970s, and the rate cut playbook for 2026 has been torn up.
Mike Wilson completes his transformation from Wall Street's biggest bear to full-throated bull, raising Morgan Stanley's S&P 500 target to 7,800 on surging earnings, fiscal tailwinds, and AI productivity.
OPEC+ maintained production cuts through Q1 2026 while four key producers pledged to slash an additional 829,000 barrels per day. The March 4 tariff escalation adds uncertainty.
The US Congress passed sweeping stablecoin legislation creating a federal framework for digital currency banks. The OCC can now charter National Digital Currency Banks under strict reserve requirements.
The CBOE Volatility Index hit its highest level of 2026, surging 42% year-to-date as hot PPI inflation data, imminent tariffs, and the tech sector selloff end the low-volatility regime.
The S&P 500 and Nasdaq posted their worst monthly performance since March as hot PPI data, tariff deadlines, and AI disruption fears converge heading into a treacherous first week of March.
The personal savings rate dropped to 3.6% in December as wages grew just 0.2%, the slowest in seven months, revealing an American consumer economy increasingly reliant on credit and wealth effects.
The Supreme Court ruled that IEEPA cannot be used to impose tariffs, but Trump responded within hours by invoking Section 122 of the Trade Act of 1974, keeping tariff rates elevated.
National housing inventory rose 10% year-over-year as the market finally thaws, but remains 18% below pre-pandemic levels. Nine Sun Belt states have flipped to buyer territory.