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The Latest Breaking News from the New York Stock Exchange

Meta stock tanks as aggressive AI spending worries Wall Street

Shares of Meta took a nosedive after the company announced its aggressive AI spending plans.

A TikTok ban is on the table but not guaranteed: What to watch next

President Biden signed a law that will force TikTok to find a new owner or risk being banned.

Airline refunds just got easier: What new federal rules mean for you

Airline refunds just got easier: What new federal rules mean for you

New Biden administration rules aim to make it easier to get a refund when your flight is canceled or significantly delayed.

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Tesla stock soars on Elon Musk's vision for future: What we know about new car models

After being down more than 40% ahead of earnings, Tesla stock is ripping higher on the announcement production of cheaper cars will begin sooner than expected.

New home sales skyrocketed in March as existing home sales plunged

It was a mixed bag for the housing market in March.

Taylor Swift breaks her own streaming record in just 12 hours

Spotify, Apple Music, and Amazon music all reported record first-day streams for Taylor Swift's 'The Tortured Poet's Department.'

TikTok vows to sue if U.S. bans app

TikTok is gearing up for a legal battle should the app be banned in the U.S.

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Tesla cuts prices in key markets after sales drop

Tesla cuts prices in key markets after sales drop

Tesla has slashed prices in China, Germany and the U.S. as it contends with falling sales.

A highly unpopular move by Netflix is paying off

A highly unpopular move by Netflix is paying off

Netflix saw its subscribers grow to a record 269 million in Q1 thanks to its crackdown on password sharing.

TikTok faces new pressure from Congress as ban looms

TikTok faces new pressure from Congress as ban looms

Congress has ramped up the pressure on TikTok as a nationwide ban looms.

Massive scam website busted by global law enforcement

Massive scam website busted by global law enforcement

A website used by more than 2,000 criminals to defraud victims has been taken down by global law enforcement.

How climate change could impact your wallet over the next two decades

How climate change could impact your wallet over the next two decades

Scientists warn that the damages from climate change could result in a 19% drop in global income over the next 26 years.

YouTube makes another controversial move against ad-blockers

YouTube is cracking down on third party ad-blockers.

Biden administration calls out 'serious risk' to U.S. steel industry

Biden administration calls out 'serious risk' to U.S. steel industry

President Joe Biden is looking to triple the China tariff rate on steel and aluminum imports.

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Beyonce's new hit boosts Levi's denim sales

Levi Strauss & Co. saw increased demand for its denim after the release of Beyonce's hit new song, "Leviis Jeans."

Samsung gets $6.4 billion in grants to expand U.S. chip production

The Biden Administration has awarded Samsung over $6 billion in grants to boost its Texas chip production.

Tesla stock slumps on layoff announcement

Tesla is laying off 10% of its global workforce, according to a memo sent to employees by Elon Musk.

Apple is no longer the world's largest phone seller

Apple has lost the top spot as the biggest phone seller after a steep sales drop in China.

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U.S. airlines urge Biden to pause additional China flights

Major U.S. airlines and unions are asking the Biden administration to pause additional flights between China and the United States.

Investors Business Daily

Coupang, IBD Stock Of The Day, Breaks Out After Membership Price Increase

Coupang stock broke out Friday on news the South Korean e-commerce company would increase the price of its membership program.

Biden to forgive over $7 billion in student loan debt

The Biden administration is forgiving $7.4 billion in student debt for another 277,000 borrowers.

NCAA women earn 99% less TV revenue despite viewership win

The NCAA women’s basketball tournament final drew more viewers than the men’s final, but earned less TV money.

Retailers brace for impact as new late fee rules threaten credit card revenue

Retailers will likely get hit by a new federal rule which caps credit card late fees at $8.

Internet service providers introduce "nutrition labels" for consumers

Under a new FCC ruling, internet providers will now be required to include pricing details in new "nutrition labels."

USPS proposes stamp price hike: How much it'll cost you

The U.S. Postal Service is looking to increase the cost of a first-class stamp by nearly 8%.

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