timef 02/28/2025

Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum required under law.

President Donald Trump plans to sign an executive order making English the official language of the United States.

Skype is among the world's most long-lasting digital brands. But other mobile apps took off faster, and Skype didn't see the Covid bump that Zoom did.

The PCE price index was expected to show an annual inflation rate of 2.5% in January.

The February print compares to a 2.7% estimate from economists surveyed by Reuters.

Analysts questions the size of Ukraine's natural resources deposits, how accessible they are and easy to extract, and the ultimate value of a potential deal.

China's statement on Friday appeared to strike a stronger tone than its response after Washington slapped the initial 10% duties earlier this month.

U.S. President Donald Trump signaled the U.K. could broker a "real trade deal" and escape tariffs.

The Trump administration's focus on the price, not value, of alliances could affect security pledges and risks to Taiwan, experts say.

Nvidia shares plummeted 8.5%, weighing down the Nasdaq Composite, just as Trump reaffirmed that tariffs would go ahead.

Styler, who is married to rock star Sting, says her background gave her the confidence to knock on doors in Naples, the setting of her new documentary.

A week-long rout in Bitcoin worsened Friday, with the digital asset hitting an over 3-month low, reversing gains that followed the election of the U.S. President Donald Trump.

Nvidia shares plummeted 8.5%, weighing down the Nasdaq Composite, just as Trump reaffirmed that tariffs would go ahead.

"Supply chains have been disrupted because of this huge sucking sound, which has been the United States," said World Gold Council's John Reade.

The Securities and Exchange Commission issued guidance Thursday evening saying it does not deem most meme coins securities under U.S. federal law.

Autodesk's CEO said the company wants to make the most of its shift toward self-service sales and direct billing.

Despite its slide, Nvidia is still the second most valuable U.S. tech company, behind Apple and ahead of Microsoft.

Meta's upcoming AI app advances CEO Mark Zuckerberg's plans to make his company the leader in AI by the end of the year, people familiar with the matter said.

The company has begun cutting from units in order to invest more in AI.

Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.

Last month CNBC reported that OpenAI was in discussions on a $40 billion funding round at a $340 billion valuation.

The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this month