Meta, $META, has reached a settlement in the $8 billion shareholder lawsuit over Facebook’s user privacy violations.
Wells Fargo, $WFC, has suspended all travel to China
77% of U.S. adults say they are not completely financially secure, up from 75% in 2024 and 72% in 2023, per Bankrate.
A $100,000 salary in January 2020 has the same buying power as $124,353 in April 2025, per Bankrate.
Corono has said that beer sales have continued to decrease, per BI.
Jamie Dimon of JPMorgan, $JPM: "I think there is complacency in the market.”
The median retirement savings for households aged 65-74 is $200,000, per Investopedia
A mild morning.
"Gen Z is right about the job hunt—it really is worse than it was for millennials," per FORTUNE
"Elon Musk promises Tesla, $TSLA, shareholders a vote over buying equity in his Grok startup: ‘If it was up to me, Tesla would have invested in xAI long ago’," per FORTUNE
“We consider the removal of Chair Powell as one of the largest underpriced event risks," Deutsche Bank has said.
Americans need to make six figures in order to afford a median-priced home, which is currently more than $422,000, per NAR
Jim Cramer says firing Fed Chair Powell can only hurt Trump
Japan’s exports fall for second straight month with no U.S. trade deal in sight, raising recession fears, per CNBC
The United States is very close to a trade deal with India, while an agreement could possibly be reached with Europe as well, but it is too soon to say whether a deal can be agreed with Canada, Trump has said.
Good morning to everyone: https://t.co/zYy8mownEw
Good night to everyone: https://t.co/zYy8mowVu4
Trump on Jerome Powell: “He’s a terrible Fed chair. I was surprised he was appointed.”
Of note, Trump appointed Federal Reserve Chair Jerome Powell in 2017.
Read more: https://t.co/dpCJDJgO8A
BREAKING: Trump says Coca-Cola, $KO, has agreed to use real cane sugar in US going forward.
Coca-Cola uses high fructose corn syrup to sweeten its U.S. products while cane sugar is used in other countries, Reuters reported.
Read more: https://t.co/bFcC2KUqdR
BREAKING: Elon Musk asked who went to Epstein's island, and it answered: Bill Clinton, Prince Andrew, Alan Dershowitz. It also notes Trump used the plane.
