Stock Market Today: Dow Futures Fall After Trump Moves to Oust Fed Governor Cook

General Motors is recalling more than 23,500 vehicles in the U.S. due to a potential fuel leak issue, as reported by the NHTSA. This recall aims to address safety concerns and prevent possible hazards.

Editor’s Note: This recall is significant as it highlights ongoing safety issues in the automotive industry. Addressing fuel leaks is crucial for preventing accidents and ensuring the safety of drivers and passengers.

Elon Musk's companies have filed lawsuits against Apple and OpenAI, escalating tensions in the ongoing AI wars. This legal battle highlights the competitive landscape of artificial intelligence and the stakes involved.

Editor’s Note: This matters because it reflects the growing rivalry in the AI sector, where major players like Musk and OpenAI are vying for dominance. The outcomes of these lawsuits could significantly impact the future of AI development and regulation.

Morgan Stanley has raised its stock price target for Affirm from $60 to $70, indicating a positive outlook for the company.

Editor’s Note: This adjustment reflects Morgan Stanley's confidence in Affirm's growth potential and could influence investor sentiment, potentially leading to increased stock performance.

Since 2020, over 25% of late-night venues in the UK have closed, leading to concerns about 'night-time deserts'. The Night Time Industries Association is urging for urgent tax cuts to support these vital community spaces.

Editor’s Note: The closure of late-night venues is significant as they play a crucial role in community life and local economies. Without intervention, the UK risks losing these cultural hubs, which could lead to diminished social activities and economic decline in urban areas.

The dollar stabilized following the unexpected removal of a Federal Reserve governor by President Trump. This event has raised concerns about potential impacts on monetary policy.

Editor’s Note: This matters because changes in the Federal Reserve's leadership can influence economic stability and investor confidence. The dollar's performance is closely tied to these developments, affecting global markets.