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'Deranged' and 'problematic': Bipartisan lawmakers bash Trump's Gaza proposal
'Deranged' and 'problematic': Bipartisan lawmakers bash Trump's Gaza proposal

Criticism and concern spread across both sides of the aisle Tuesday after President Donald Trump announced the United States "will take over the Gaza Strip."

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Feb 05, 2025
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates

Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market shift toward electric vehicles. 

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Feb 05, 2025
USPS temporarily suspends some inbound packages from China, Hong Kong
USPS temporarily suspends some inbound packages from China, Hong Kong

The change comes after President Donald Trump announced new tariffs that also target a popular trade loophole, called "de minimis."

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Feb 05, 2025
Asia-Pacific markets trade mixed as Wall Street looks past trade spat to rise overnight
Asia-Pacific markets trade mixed as Wall Street looks past trade spat to rise overnight

South Korea's consumer price index for January rose 0.7% month on month and 2.2% annually, missing Reuters' 1.97% estimate.

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Feb 05, 2025
Trump says U.S. will 'take over' Gaza to develop it, and Palestinians should leave
Trump says U.S. will 'take over' Gaza to develop it, and Palestinians should leave

The Palestinian territory Gaza has been destroyed by 15 months of war with Israel. Trump said the United States would make it "the Riviera of the Middle East."

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Feb 05, 2025
Nissan and Honda shares rise as report says automakers may call off merger talks
Nissan and Honda shares rise as report says automakers may call off merger talks

Honda and Nissan are considering calling off their merger talks, Japan's Asahi Shimbun reported on Wednesday citing several sources.

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Feb 05, 2025
Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Alphabet shares drop as much as 9% on revenue miss, soaring AI investments

Alphabet reported fourth-quarter earnings on Tuesday after the close of regular trading.

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Feb 05, 2025
Senate confirms Trump's nominee Pam Bondi as attorney general
Senate confirms Trump's nominee Pam Bondi as attorney general

The Republican-led U.S. Senate confirmed Pam Bondi as the new U.S. attorney general on Tuesday, propelling one of President Donald Trump's staunchest political allies to the top perch of American law enforcement.

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Feb 05, 2025
White House crypto czar David Sacks says first priority is stablecoin legislation
White House crypto czar David Sacks says first priority is stablecoin legislation

David Sacks and Republican lawmakers spent much of Tuesday laying out their plans to start working towards a regulatory framework for crypto.

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Feb 05, 2025
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds

Jefferson echoed recent statements from other officials that it's in the Fed's best interest to move slowly as it evaluates evolving conditions.

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Feb 05, 2025
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