Business

Key Takeaways Nvidia shares lost ground Thursday morning even as the AI chipmaker and investor favorite reported revenue and profit that topped analysts’ estimates. After registering a fresh all-time high earlier this month, the stock has traded mostly sideways, indicating apprehension among market participants ahead of the chipmaker’s quarterly results. Investors should watch key support levels on Nvidia’s chart around …

Fed Governor Cook sues Trump over his attempt to fire her  Reuters Trump Administration Live Updates: Fed Governor Sues President Over ‘Unprecedented and Illegal’ Firing  The New York Times Fed Governor Lisa Cook sues to challenge Trump’s attempt to fire her, setting up a showdown over presidential power  CNN Lisa Cook’s lawsuit against Trump skirts mortgage fraud allegation  CNBC How Trump’s war on the …

TD Bank, CIBC Results Echo Peers Buoyed by Lower Credit-Loss Provisions  The Wall Street Journal TD Tops Estimates as Domestic-Banking Unit Sees Record Revenue  Bloomberg.com TD Bank posts Q3 profit as it continues recovery from anti-money laundering charges  ca.finance.yahoo.com TD reports higher Q3 profit, but earnings affected by anti-money-laundering changes  The Globe and Mail TD Bank Group Reports Third Quarter 2025 Results  PR Newswire Source …

Tesla’s sales freefall in Europe continues. The American automaker’s sales declined by 40% in July, while BYD’s increased by 225%. The European Automobile Manufacturers Association (ACEA) released automotive sales numbers for July today, and it confirmed that battery-electric vehicle sales rose 39.1%, exceeding the growth rate of ICE vehicles. Generally, rising EV sales would be suitable for an EV leader …

Trump has fired a Democrat on a federal railroad board. He’s the latest to refuse to leave his post.  Politico Trump railroad regulator was fired by White House after Amtrak Acela event  CNBC White House says it fired transportation regulator in latest move to reshape Trump’s government  NBC News Exclusive | Trump Fires Board Member of Regulator Weighing Rail Merger  The Wall Street Journal …

Trump Media, the private crypto/social media/streaming network/finance company run by President Donald Trump and his family, just agreed to a new deal with Crypto.com to do a complicated scammy crypto thing.  It’s super cool that the president gets to (not) regulate crypto so he can line his own pockets.  Okay, you want to know how the crypto thing works? Fine. …

Mortgage Interest Rates Today: Mortgage Rates Slip to Another 10-Month Low Ahead of Crucial Fed Decision  Realtor.com Mortgage rates fall to 10-month low  Fox Business Average rate on a 30-year mortgage slips to 10-month low  ABC News Mortgage rates largely unchanged from last week despite pressure on Fed independence  CNN Mortgage and refinance interest rates today, August 28, 2025: Clinging to 2025 lows  Yahoo Finance …

An election to determine whether workers unionize an electric vehicle battery manufacturing complex in Kentucky is in limbo Thursday due to a few dozen disputed ballots that could swing the outcome. The United Auto Workers claimed it secured a narrow victory at the BlueOval SK battery park after the two-day vote that ended Wednesday. Yet the outcome ultimately could depend …

(Reuters) -Nike said on Thursday it is planning to cut less than 1% of its corporate workforce as part of the sportswear maker’s plans to turn around its business under CEO Elliott Hill. Under Hill, the company has been investing in its running shoe and sneaker lines to reclaim lost ground in the segments, while rekindling relationships with retailers and …

Cracker Barrel’s logo change didn’t last long in the face of MAGA’s weird furor over the southern-themed restaurant chain’s “woke” transformation.  “We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and our ‘Old Timer’ will remain,” the company said in a statement …