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U.S. existing home sales picked up in July, amid minor price cooling
The increase in U.S. home purchases during July reflects improved affordability driven by easing price increases and lower borrowing costs, indicating a potential boost to the hous...
Read Full Article →What this week's mixed retail earnings say about the economy
Recent varied retail results indicate that while consumer spending remains steady, changes in purchasing behaviors are prompting businesses to adapt strategies to maintain profitab...
Read Full Article →The DOJ is considering a probe into Fed's Lisa Cook over mortgage fraud allegations
The possible inquiry into a Federal Reserve Governor regarding mortgage fraud could have important implications for financial oversight and market confidence, affecting regulatory...
Read Full Article →U.S. manufacturing is picking up — but so are consumer prices
The recent increase in U.S. manufacturing activity suggests economic growth potential, while the simultaneous rise in consumer prices indicates ongoing inflationary pressures affec...
Read Full Article →Renewable energy stocks tumble, as Trump confirms no approvals for wind or solar projects
The decision to halt approvals for wind and solar projects has impacted renewable energy investments, while increased energy demand from AI data centers contributes to rising costs...
Read Full Article →The U.S. and EU start formalizing their sweeping trade deal
The newly outlined agreement between the United States and European Union is expected to influence import costs by applying a 15% levy on a wide range of goods entering the U.S. fr...
Read Full Article →Walmart tripped on profit — but still sprinted past its rivals
Despite rising tariffs and expenses affecting earnings, Walmart leveraged its extensive size and discount strategies to maintain strong customer visits and sales growth compared to...
Read Full Article →The 8 best real estate markets in the country right now
WalletHub evaluated 300 U.S. cities based on factors like housing affordability and employment opportunities to identify the top eight markets demonstrating the most promising fina...
Read Full Article →Wall Street braces for CEO Trump
The increasing government involvement in key industries is prompting investors to reassess company valuations by incorporating political decisions as critical factors influencing f...
Read Full Article →Tech stocks are dropping — and so are the markets
Declines in shares of leading technology companies, including Nvidia, Microsoft, Apple, and Palantir, contributed to a broader market downturn, affecting overall investor confidenc...
Read Full Article →Fed officials believed risk of inflation outpaced concerns of weaker labor market, according to July...
Federal Reserve members anticipated that inflation pressures would rise temporarily, largely influenced by tariff-related factors, and considered this risk more critical than poten...
Read Full Article →Lowe's expands construction business, acquiring Foundation Building Materials for $8.8 billion
Lowe’s acquisition of a major construction materials supplier represents a strategic move to strengthen its presence in the professional building sector amid declining consumer DIY...
Read Full Article →Palantir stock drops 20% in a week, amid over-valuation concerns
The company experienced a significant decline in its market value over several days, reflecting investor worries about its current pricing relative to future growth prospects.
Read Full Article →Trump demands the Federal Reserve's Lisa Cook step down
If Lisa Cook resigns from the Federal Reserve Board of Governors, it could allow the president to appoint a new member supportive of policies aimed at decreasing interest rates.
Read Full Article →McDonald's will slash combo meal prices to lure back inflation-weary diners
By reducing the cost of their combo meals, the company aims to attract budget-conscious consumers impacted by rising living expenses, potentially increasing sales and market share...
Read Full Article →Labubu maker Pop Mart predicts hitting $4 billion in revenue for the year
The Beijing company expects its annual income to reach $4 billion, driven by the popularity of its distinctive dolls and a significant increase in profit during the first six month...
Read Full Article →Target taps new chief amid falling sales and cost cuts to offset tariffs
The incoming leader at Target faces financial challenges as the company reduces expenses and manages the impact of trade duties to maintain stability in a competitive market enviro...
Read Full Article →SPACs explained: What they are and how they work
Special purpose acquisition companies provide an alternative method for companies to raise capital and access public markets, often allowing faster and potentially less costly entr...
Read Full Article →Crypto stocks tumble ahead of Friday’s economic conference
Shares of major cryptocurrency platforms declined sharply alongside drops in bitcoin and Ether values, reflecting market uncertainty prior to the upcoming economic conference sched...
Read Full Article →The U.S. housing market is in the Twilight Zone
Despite declining permits and weakening buyer confidence, construction activity in the U.S. housing sector continues at a steady pace, suggesting ongoing investment amid uncertain...
Read Full Article →Home Depot steadies guidance as big projects stall
Despite challenges like reduced customer activity and tariff concerns, Home Depot maintained its forecast, demonstrating resilience that contributed to a moderate increase in its s...
Read Full Article →What to look out for at Jackson Hole as Powell faces pressure on jobs and inflation
Investors are closely monitoring upcoming economic data and political developments that could influence Federal Reserve policies and impact market stability and interest rate decis...
Read Full Article →McDonald's leans on BTS' fandom to fuel Happy Meal sales
By partnering with BTS and offering TinyTAN toys in a new Happy Meal promotion, McDonald’s aims to boost revenue by attracting the group’s dedicated fanbase and replicating past sa...
Read Full Article →FTC is suing ticket reseller for price gouging Taylor Swift and Bruce Springsteen concert tickets
The Federal Trade Commission has filed a lawsuit against a ticket reseller accused of artificially inflating prices and using numerous fake accounts to resell tickets for popular c...
Read Full Article →Trump's metal tariffs are widening to include furniture, kitchenware, and air conditioners
The expanded duties on additional household items are likely to increase costs for importers, who had limited time to adjust their logistics and sourcing strategies before the meas...
Read Full Article →Softbank makes a $2 billion bet on Intel as U.S. reportedly mulls investment
SoftBank's $2 billion investment in Intel signals confidence in the company's future prospects, coinciding with potential U.S. government involvement that may further impact the se...
Read Full Article →7 well-known companies that filed for bankruptcy this year
Several prominent corporations have recently entered bankruptcy proceedings, reflecting a notable increase in corporate insolvencies within the United States, which may impact inve...
Read Full Article →6 stocks to buy and hold for the long haul
Investing in well-established companies like Apple and Microsoft can contribute to steady portfolio growth and help secure financial stability over an extended period.
Read Full Article →This insurance company's stock tumbled after an AI-generated article reported inaccurate data
The company experienced a notable decline in its stock value following the release of an AI-created report that inaccurately claimed its revenue performance fell significantly shor...
Read Full Article →Air Canada pulls profit forecasts as striking flight attendants defy return-to-work order
The ongoing strike by flight attendants has led the airline to withhold future earnings projections, as cancellations impacting half a million passengers disrupt its expected reven...
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