Business
Chronological wire record. Latest transmission first.
U.S. takes stake in USA Rare Earth in $1.6B effort to build domestic critical-minerals supply
The Trump administration is investing in USA Rare Earth through a mix of funding and financing, aiming to expand rare-earth mining and magnet manufacturing in the U.S. and reduce dependence on China.
U.S. takes stake in USA Rare Earth in push to loosen China’s grip on critical minerals
The Trump administration is taking a minority stake in USA Rare Earth as part of a broader effort to expand domestic production of critical minerals and rare-earth magnets used across defense and industry. The deal includes major federal financing and loan support for a Texas mine and an Oklahoma magnet facility. Officials say the aim is supply-chain security, while industry watchers are focused on timelines, permitting, and whether the U.S. can scale processing and manufacturing fast enough to compete with China’s entrenched dominance.
Markets brace for Fed decision and big tech earnings as gold hits fresh records
U.S. markets opened a high-stakes week with investors watching major technology earnings and an upcoming Federal Reserve rate decision, while geopolitical tensions and severe winter weather added uncertainty. Gold rose to record highs as traders sought safety.
Booz Allen beats on profit, misses on revenue, and raises full-year outlook
Booz Allen posted stronger earnings while revenue declined amid a tough federal funding backdrop, then lifted its fiscal-year earnings outlook as it highlighted cost controls and execution.
U.S. to invest $1.6 billion in USA Rare Earth to bolster domestic critical-minerals supply chain
The Trump administration is taking a minority stake in USA Rare Earth as part of a $1.6 billion package tied to a Texas mine and an Oklahoma magnet plant, reflecting a broader effort to reduce dependence on China for rare earth processing and manufacturing.
Nvidia invests $2 billion in CoreWeave as ‘neocloud’ race accelerates AI data-center buildout
Nvidia is putting fresh capital into AI cloud provider CoreWeave, backing a push to build out multiple gigawatts of AI computing capacity and deepening a partnership aimed at securing power, land, and infrastructure for the next phase of AI growth.
Company earnings movers: Booz Allen jumps on results as some banks slip
Stocks were mixed as investors digested a round of corporate earnings. Booz Allen Hamilton rose after posting a stronger-than-expected quarter, while Glacier Bancorp fell on a miss. Other names, including SLM and Pathward Financial, moved higher after reporting results that topped expectations.
Markets brace for Fed decision as gold tops $5,000 and storm-driven travel chaos adds uncertainty
U.S. markets opened a pivotal week with stock futures near flat as investors looked ahead to major tech earnings and a Federal Reserve rate decision. Gold futures pushed above $5,000 an ounce amid geopolitical and economic uncertainty, while a severe winter storm disrupted travel with mass flight cancellations and delays, adding another layer of volatility for consumers and companies alike.
Markets look to Fed decision and big tech earnings as storm disruptions and tariff threats add uncertainty
Stock futures were muted ahead of a week packed with a Federal Reserve rate decision and major earnings, as storm-related disruptions and policy headlines kept investors on edge.
Davos wrap: leaders leave World Economic Forum amid anxiety over alliances, trade and global security
The World Economic Forum’s 2026 meeting concluded in Davos after a week of speeches and dealmaking set against rising geopolitical strain. Executives and politicians emphasized resilience, investment and “de-risking,” while acknowledging uncertainty around trade, energy and defense commitments.
Markets brace for Fed decision and a surge of Big Tech earnings as investors watch rates, AI spending, and growth signals
Investors are focused on the Federal Reserve’s first interest-rate decision of 2026 and a heavyweight earnings week led by Microsoft, Meta, Tesla, and Apple, with attention on inflation, guidance, and how AI investment is translating into revenue and margins.
Wall Street slips from records as earnings season begins with mixed signals from big names
U.S. stocks eased as investors digested early corporate earnings and outlooks, with bank and airline results weighing on major indexes while pockets of the market rose on upbeat guidance and product updates.