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Plus: The FDA approves a new drug designed to cut the risk of addiction and overdoses related to opioids. And, Apple shares rise in offhours trading after the company’s earnings top expectations. Luke Vargas hosts.
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Plus: Big tech earnings, including Tesla and Meta, helped bolster market gains. American Airlines stock falls after midair crash. And UPS stock plunges after the company plans to cut back on Amazon deliveries. Danny Lewis reports.
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Plus, U.S. GDP grew at a slower pace in 2024. The European Central Bank cut interest rates by a quarter point. Ariana Aspuru hosts.
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Plus: SoftBank is in talks to invest $15 to $25 billion in OpenAI, potentially displacing Microsoft as the company’s biggest investor. And, Toyota sells fewer cars in 2024, but remains the world’s top automaker. Luke Vargas hosts.
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Fed Chair Jerome Powell is still optimistic about inflation slowing, but says officials want to see price pressures cool. Plus: Microsoft, Tesla and Meta release latest earnings reports. Danny Lewis reports.
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Plus, OpenAI is investigating whether DeepSeek used its models to train the new chatbot. Frontier Airlines makes another attempt to merge with Spirit. And the Fed’s latest interest rates decision is expected this afternoon. Alex Ossola hosts.
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Plus: Alibaba claims the latest version of its Qwen AI model can compete with offerings from OpenAI, Meta and DeepSeek. And, shares in ASML climb after the chip-equipment manufacturer tops expectations for the fourth quarter. Luke Vargas hosts.
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Plus: General Motors stock tumbles after reporting $2.9 billion loss. JetBlue shares slide after issuing tepid guidance for the first quarter. And Smithfield Foods trades into negative territory on the first trading day after its initial public offering. Danny Lewis reports.
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Plus: U.S. consumers are losing confidence at the start of President Trump’s second term. General Motors says it has a “playbook” if the Trump administration imposes tariffs on Mexico and Canada. Anthony Bansie hosts.
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Plus: A Trump administration order pausing almost all foreign aid sparks warnings that the interruption could severely damage vital programs overseas. And the White House orders the pause of federal financial-assistance programs. Luke Vargas hosts.
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