Business

Small, mostly Latino-owned businesses on Lake Street have posted 'No ICE' signs and altered hours after frequent ICE raids and protests following a reported death, while the article says major Minneapolis-based corporations did not provide on-the-record comment or guidance.

Orient Securities maintained a Buy rating on Alibaba Group, and the article also notes UOB Kay Hian kept a Buy rating; Alibaba reported quarterly revenue of HK$247.65 billion and a net profit of HK$40.65 billion for the quarter ending June 30.

A National Bureau of Economic Research study finds married couples and married men accumulate substantially more wealth than singles, and many retirees spend only a modest share of their assets. The article outlines saving strategies the authors mention, including starting early, using tax-advantaged accounts, investing steadily, and automating contributions.

China and Canada announced a new strategic partnership that lowers tariffs on Chinese-made electric vehicles and on Canadian canola; Canada will allow up to 49,000 Chinese EVs at a 6.1% tariff and China is expected to cut canola tariffs to about 15% by March 1.

An American Chamber of Commerce in China survey of 368 companies found 64% named slowing Chinese growth as their main concern, while 58% cited U.S.-China trade tensions.

An AFP survey of analysts estimated China's 2025 growth at a median 4.9 percent, while President Xi said growth was 'around five percent'; official national growth figures were scheduled for release on Monday.

China's record trade surplus last year generated about $1.2 trillion in foreign exchange, and the article reports roughly two-thirds of that flowed into private-sector foreign assets, boosting overseas purchases including a reported $535 billion surge in portfolio investment through September.

KeyBanc upgraded Intel to Overweight and raised its price target from $40 to $60; Intel shares jumped nearly 8% in Tuesday trading.

Canadian Prime Minister Mark Carney arrived in Beijing and is set to meet Chinese leader Xi Jinping after almost a decade of strained relations; officials described the visit as consequential and historic.

Asia-Pacific markets were set to open higher following a Wall Street rally led by chip and bank stocks; the article mentions a U.S.-Taiwan trade deal that includes at least $250 billion of Taiwanese semiconductor investment in U.S. production capacity.

A Jan. 14 Canadian Press story misreported Nova Scotia's planned offshore wind capacity as 40 megawatts beyond a 2.4-megawatt need; the correct figure is 40 gigawatts beyond the 2.4-gigawatt need, and the story has been updated to correct both errors.

California regulators gave final approval for Verizon’s planned $9.6 billion acquisition of Frontier after Verizon agreed to concessions including a $500 million small-business spending pledge and other state commitments; the company expects the transaction to close on Jan. 20.

Bilt launched three Bilt 2.0 cards that extend rewards to personal mortgage payments and shift housing rewards to a system where Bilt Cash earned on non-housing purchases is used to unlock Bilt Points.

President Trump told Reuters he finds Reza Pahlavi 'very nice' but said he is unsure whether Iranians would accept him as a leader; protests are ongoing in Iran and no clear successor to the current leadership has emerged.

NBA commissioner Adam Silver is meeting in Europe to build support for a new NBA-FIBA league, while the EuroLeague has warned it may take legal action over licensed clubs.

UBS says income investors should diversify income sources because it expects higher volatility and tight credit spreads; the firm highlights bonds, private credit and structured products as potential income sources.

Vintage photos trace a shift from early 1900s department stores that sold necessities like food and home goods to a modern retail landscape where many luxury chains are struggling; the article reports that Saks Global filed for bankruptcy on Tuesday.

Initial claims for state jobless benefits fell to 198,000 last week, below economists' expectations of 212,000, and the four-week moving average declined to 205,000.

A Forbes piece tours BMW UK's heritage fleet and highlights four cars — the 3.0 CSL 'Batmobile', M1, Z1 and E39 M5 — describing their histories, specifications and the author's driving impressions.

Mortgage rates fell to just above 6%, the lowest level in more than three years, after a White House-directed $200 billion mortgage bond purchase by Fannie Mae and Freddie Mac; home sales rose more than 5% in December.

Federal prosecutors have opened a criminal investigation into the Federal Reserve's $2.5 billion headquarters renovation and the Justice Department subpoenaed the Fed; Fed Chair Jerome Powell said the move raised concerns about the central bank's independence.

Analysts hold mixed views on Ferrari — HSBC has downgraded the stock while UBS and Bernstein keep more positive stances — and investors are awaiting the company's 2025 results and guidance on February 10.

A court filing and Education Department figures show more than 800,000 federal student loan borrowers remain in a backlog for income-driven repayment transfers or Public Service Loan Forgiveness buyback decisions, with 734,221 and 83,370 cases pending at the end of December, respectively.

Goldman Sachs reported Q4 net income of $4.6 billion and Morgan Stanley reported Q4 net income of $4.4 billion, with both firms citing strong 2025 dealmaking and higher equity trading fees.

Fluence will supply its Gridstack Pro energy storage system for the Pioneer Clean Energy Center in Yuma County, Arizona, which pairs a 300 MW AC solar facility with a 300 MW / 1,200 MWh battery and is expected to begin commercial operation by April 2027.

Reports say lithium demand is accelerating in 2026 as electric vehicles and battery storage scale, while supply is tightening and analysts expect a shift toward deficit. US Critical Metals announced 2026 exploration plans at its McDermitt East project near the Thacker Pass district.

A Catapult Learning white paper reports that its high-impact tutoring model produced measurable gains in math and reading for participating K-12 students and that the program meets ESSA Level 2 evidence standards and has earned the NSSA Tutoring Program Design Badge.

Propanc Biopharma described its PRP proenzyme candidate and said it plans to begin Phase I/II clinical trials in 2026; the article notes the FDA granted PRP Orphan Drug Designation in 2017.

The Social Security Administration reports the average Social Security benefit at age 65 is $1,583 per month. Fidelity reports an average 401k balance of $252,800 for people ages 65 to 69, which the article notes would yield about $10,100 in a first-year withdrawal under a 4% rule.

Credit scores can vary because different bureaus and scoring models use different data and weight factors differently; the article recommends focusing on which score band you fall into (poor, good, very good, excellent) rather than the exact three-digit number.