Business
US stocks slip as AI fears keep rumbling and oil prices climb Walmart delivers quarter of impressive sales but offers muted outlook US trade deficit declined in 2025, but gap for goods hits a record despite Trump tariffs Tariffs paid by midsize US companies tripled last year Modi's AI summit turns awkward as tech leaders dodge contact
Average US long-term mortgage rate dips to 6.01%, lowest in 3 years
FCC is investigating ABC's 'The View' over equal time rule
Modi pitches India as global artificial intelligence hub at AI summit
US civil rights agency sues Coca-Cola for excluding men from work trip
FDA will drop two-study requirement for new drug approvals
WASHINGTON (AP) – The Food and Drug Administration plans to drop its longtime standard of requiring two rigorous studies to win approval for new drugs, the latest change from Trump administration officials vowing to speed up the availability of certain medical products.
Fed minutes: Lower inflation needed before officials will support rate cuts

WASHINGTON (AP) – Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month’s meeting show.

eBay to buy secondhand fashion marketplace Depop for $1.2B in cash

NEW YORK (AP) – Online seller eBay wants a bigger share of the Gen Z market.  The online seller has agreed to purchase secondhand fashion marketplace Depop from Etsy for about $1.2 billion in cash, the companies said Wednesday. The deal comes at a time when used clothing has become increasingly popular, sought out by shoppers searching for unique items.

UK interest rate cut expected in March after inflation drop

LONDON (AP) – Inflation in the U.K. fell to a 10-month low largely on the back of lower food and gas prices, official figures showed Wednesday, a downward move that has reinforced expectations that the Bank of England will cut interest rates in March.

Editorials from The Washington Post, New York Times, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

Mark Zuckerberg set to testify in watershed social media trial

LOS ANGELES (AP) – Mark Zuckerberg will testify in an unprecedented social media trial that questions whether Meta’s platforms deliberately addict and harm children. Meta’s CEO is expected to answer tough questions about a woman who claims her early use of social media addicted her to the technology and exacerbated depression and suicidal thoughts.

DoorDash sees strong quarterly growth in sales but warns of big costs

DoorDash said Wednesday its revenue rose 38% in the fourth quarter as it gained new U.S. customers and added new services like restaurant reservations.

WH adviser Hassett urges 'discipline' for Fed economists over tariff study

WASHINGTON (AP) – President Donald Trump’s top economist on Wednesday urged that Federal Reserve economists be punished for research last week that showed American companies and consumers paying for nearly all the new tariffs imposed by the White House last year.

Grandson of inventor accuses Hershey's of cutting corners with Reese's

The grandson of the inventor of Reese’s Peanut Butter Cups has lashed out at The Hershey Co., accusing the candy company of hurting the Reese’s brand by shifting to cheaper ingredients in many products.

Warren Buffett's company invests in The New York Times

OMAHA, Neb. (AP) – Six years after Warren Buffett sold off all of Berkshire Hathaway’s newspapers and predicted unending declines for most of the industry, Berkshire disclosed a new $350 million investment in The New York Times on Tuesday.

Moderna says FDA will consider its new flu shot after resolving dispute
Warner Bros reopens takeover talks with Paramount
Sanders and Newsom become adversaries over taxing California billionaires