Business

Apple plans to shift most assembly of iPhones sold in the US from China to India by 2026, aiming to reduce reliance on China amid ongoing tariff pressures.

Federal regulators have approved Capital One's $35 billion acquisition of Discover, a move that will create the largest credit card issuer in the United States.

Treasury yields rose as investors reacted to heightened political pressure from President Trump on Federal Reserve Chair Jerome Powell to cut interest rates.

JPMorgan Chase CEO Jamie Dimon sold 133,639 shares valued at $31.5 million after company stock fell by 0.4% following a downgrade from StockNews.com.

Rocket Companies is acquiring Mr. Cooper Group in a $9.4 billion deal, creating a combined entity serving 10 million clients and managing 1/6 of US mortgages.