Finance News – U.S.
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Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike anticipates a substantial financial impact from tariffs this quarter, which may challenge ongoing recovery strategies and raise concerns about potential declines in revenue an...
Read Full Article →‘He’s so manipulative’: My brother stole $100K from my mom to buy bitcoin. Do I convince her to sue...
The unexpected loss of a significant portion of their savings due to a family member’s actions has raised concerns about protecting their remaining retirement funds and potential l...
Read Full Article →A top Elon Musk lieutenant has left Tesla
The exit of a key executive at Tesla occurs during a period of declining revenue and challenges to the company's reputation, highlighting ongoing financial and operational difficul...
Read Full Article →Marc Benioff says AI might even replace him one day. And he’s fine with that
The integration of AI into various departments at Salesforce, managing nearly half of the company’s operations, could significantly impact productivity and cost efficiency across t...
Read Full Article →S&P 500 briefly tops record high for first time in 4 months. What could push stocks higher from here...
The S&P 500’s recent rise above its previous peak reflects improving investor confidence and may signal potential upward momentum in the stock market after a period of significant...
Read Full Article →Generator stock Generac heads for best week since November amid heat wave, looming storm threats
Generac's shares have risen nearly 12% this week, marking the company's strongest weekly performance since November 2024, driven by increased demand due to extreme weather conditio...
Read Full Article →What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getti...
Financial institutions are increasingly focusing on stablecoins due to their potential to represent a multi-trillion-dollar market, anticipating significant opportunities in the ev...
Read Full Article →Core Scientific shares surge 33% on report of buyout talks with CoreWeave
The company’s stock experienced a notable increase following news of acquisition discussions, indicating investor optimism about the potential financial implications of the possibl...
Read Full Article →The Fed’s moves on interest rates aren’t just about Trump’s pick for chair. Here’s the math.
The Federal Reserve chair holds influential but limited power among the 12 members who collectively decide interest rate changes, impacting economic conditions and financial market...
Read Full Article →The White House suggests a major trade deadline could be extended
The potential extension of the trade deadline may impact economic relationships, as efforts to finalize agreements with multiple nations have so far yielded only modest results.
Read Full Article →The $5 million Trump Card faces legal challenges, limited market
The introduction of a $5 million investment option for citizenship has sparked legal scrutiny and uncertain demand, impacting its potential influence on immigration and financial m...
Read Full Article →Circle resumes its post-IPO rally after pullback, stablecoin issuer boosts Coinbase
Investors are recognizing potential gains as Circle's recent market activity highlights opportunities within the stablecoin sector that may positively impact Coinbase's financial p...
Read Full Article →Xiaomi’s $35,000 electric SUV ramps up the price war with Tesla
Xiaomi’s new $35,000 electric SUV introduces advanced features at a competitive price point, potentially intensifying competition in the electric vehicle market by undercutting Tes...
Read Full Article →Top Trump adviser floats stripping 'revenge tax' from GOP megabill if more trade deals are signed
The potential removal of the controversial tariff could influence international investment flows and impact the overall economic dynamics associated with the proposed legislation.
Read Full Article →Tesla head of manufacturing Omead Afshar fired by Elon Musk
The departure of Tesla's manufacturing leader may impact production efficiency and investor confidence amid the company's recent challenges with declining vehicle sales.
Read Full Article →Trump now wields sweeping veto power over U.S. Steel. Here's how the 'golden share' works
The arrangement grants President Trump significant control over decisions at U.S. Steel, allowing him to influence major corporate actions despite no longer holding a formal govern...
Read Full Article →AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says
Salesforce's increased reliance on artificial intelligence to handle a significant portion of tasks is expected to enhance operational efficiency and potentially reduce labor costs...
Read Full Article →RFK Jr.'s CDC vaccine panel backs Merck RSV shot for infants
The approval of Merck’s RSV vaccine by the restructured CDC panel could impact healthcare markets by potentially increasing infant vaccine adoption and influencing related pharmace...
Read Full Article →This guy has 45 credit cards. Here’s what you can learn from his strategy.
Managing numerous credit cards strategically can offer financial advantages, such as maximizing rewards and improving credit utilization, when approached with careful planning and...
Read Full Article →Most CFOs expect Trump's big bill to become law despite GOP turmoil
A majority of chief financial officers anticipate that, despite ongoing challenges within the Republican Party, legislative efforts will progress and the proposed financial measure...
Read Full Article →Chip stocks are reclaiming market leadership. Here’s why analysts are optimistic.
The strong performance of major semiconductor companies, driven by increased demand for AI-related technology, has significantly boosted investor confidence and contributed to a po...
Read Full Article →Palantir stock is up over 90% this year – and short-sellers are accepting defeat
Palantir Technologies has experienced substantial stock growth this year, causing investors who previously bet against the company to reconsider their positions amid changing marke...
Read Full Article →Wall Street is getting worried about United Airlines. Yes, it’s mostly about Newark airport.
Investors are concerned that recent operational issues and the runway closure at Newark Liberty International Airport may negatively impact United Airlines’ revenue and overall fin...
Read Full Article →EQS-PVR: IONOS Group SE: Release according to Article 40, Section 1 of the WpHG [the German Securiti...
The announcement details the distribution of information regarding significant ownership interests in IONOS Group SE, which may influence shareholder control and market transparenc...
Read Full Article →Ex-Barclays CEO lied about having a 'purely professional' relationship with Jeffrey Epstein, court r...
The court’s determination regarding the former Barclays executive’s misleading statements could impact investor trust and potentially influence the bank’s market valuation and regu...
Read Full Article →What’s up with inflation? PCE likely to show a small rise in prices despite tariffs.
Despite ongoing tariff impacts, the upcoming PCE data is anticipated to reflect only a modest increase in consumer prices, suggesting limited immediate effects on inflationary tren...
Read Full Article →Here’s what’s taking the S&P 500 so long to return to an all-time high
The gradual recovery of the U.S. stock market index highlights underlying economic challenges, yet continued investor confidence suggests it will ultimately achieve a new peak in v...
Read Full Article →Mortgage rates drop to a 7-week low, with investors optimistic about a Fed rate cut in July
The recent decline in borrowing costs offers potential relief for prospective home buyers, reflecting market expectations of a central bank policy reduction that could influence fu...
Read Full Article →The U.S. economy contracted sharply to start 2025 — worse than previously thought
The latest GDP data for the first quarter of 2025 reveals a more pronounced economic slowdown, indicating that trade policies are contributing significantly to reduced growth rates...
Read Full Article →A tax code time bomb fueled mass tech layoffs. A GOP senator says fixing it now is 'critical'
Changes in tax regulations related to research and development expenses have had a substantial impact on technology sector employment, prompting lawmakers to consider permanent adj...
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