Finance News – U.S.
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Trump says 50% tariff on copper imports will begin Aug. 1
The initiation of a 50% tariff on copper imports starting August 1 is expected to impact trade costs and supply chain dynamics within the metal industry.
Read Full Article →Bank of Korea keeps rates steady as it assesses measures to cool Seoul's housing market
The central bank maintained interest rates to evaluate strategies aimed at managing the sharp increase in property values and the associated rise in household borrowing within Seou...
Read Full Article →Microsoft’s stock gets an upgrade. Why these analysts say it’s underappreciated in AI.
Analysts from Oppenheimer highlighted that Microsoft's expanding AI-related income and the increasing value of its Azure cloud services are likely undervalued by current market pri...
Read Full Article →Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Despite a change in Federal Reserve leadership, several economic factors and policy constraints could prevent a swift reduction in borrowing costs under the new administration's di...
Read Full Article →Brazil will respond to Trump's 50% tariff with 'reciprocity,' says da Silva
Brazil's planned retaliatory measures against increased U.S. duties could impact trade balances and economic relations between the two countries, potentially influencing market con...
Read Full Article →After Nvidia's record-breaking market cap milestone, Jim Cramer reflects on the AI giant's impact
Nvidia's recent valuation achievement highlights its growing influence in the technology sector, prompting market analysts like Jim Cramer to consider the company’s role in advanci...
Read Full Article →Amazon Web Services is building equipment to cool Nvidia GPUs as AI boom accelerates
AWS’s development of specialized cooling technology for high-performance GPUs reflects growing investment to support expanding AI workloads and manage increasing operational costs...
Read Full Article →Bitcoin rises to fresh record above $112,000, helped by Nvidia-led tech rally
The recent surge in Bitcoin's value, surpassing previous highs, reflects increased investor confidence influenced by a broader technology sector upswing led by key industry players...
Read Full Article →Bitcoin hits record high. Why the crypto’s rally may lose steam after briefly topping $112,000.
Bitcoin’s recent surge to an unprecedented value highlights growing investor interest, though potential geopolitical conflicts could impact market stability and future cryptocurren...
Read Full Article →Court blocks policy meant to make canceling subscriptions easier
A recent judicial decision has prevented a new regulation designed to streamline the process of ending subscription services, potentially impacting consumer convenience and company...
Read Full Article →Costco’s monthly sales growth accelerates, following slowdown earlier this year
Costco Wholesale Corp. reported $26.44 billion in sales for the recent five-week period ending July 6, reflecting an 8% increase year-over-year and a faster pace of monthly revenue...
Read Full Article →Nutella with your Corn Flakes? This cereal giant’s stock rallies on word of a $3 billion deal.
The potential acquisition of WK Kellogg by the Italian company behind Ferrero Rocher and Nutella has positively influenced market confidence, reflecting expectations of a significa...
Read Full Article →Cereal maker WK Kellogg shares jump 50% on report of possible $3 billion deal with Ferrero
The potential $3 billion agreement with Ferrero has significantly boosted investor confidence, leading to a substantial increase in the market value of WK Kellogg since its recent...
Read Full Article →Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve members expressed differing views on the pace and extent of future interest rate reductions, reflecting uncertainty about the best approach to support economic grow...
Read Full Article →How Trump’s 50% copper tariffs threat could hurt America’s AI ambitions
Implementing steep tariffs on copper imports could increase costs and delay access to essential materials, potentially slowing down advancements and investment in the United States...
Read Full Article →X CEO Linda Yaccarino resigns from Elon Musk's social media company
The departure of the company’s top executive may impact investor confidence and influence the social media platform’s market value and future financial performance.
Read Full Article →Millions of Americans are about to see their student loans accrue interest again. Here’s what to kno...
Starting in August, interest will resume accumulating on student loan balances for many borrowers, including those participating in certain repayment plans, potentially increasing...
Read Full Article →Trump just released 7 more tariff letters. Here’s how the rates compare to his ‘liberation day’ leve...
The recent tariff adjustments affect seven countries with varying rates, as some decrease compared to early April, others rise, and one remains unchanged, impacting international t...
Read Full Article →Eli Manning says he's no longer interested in buying a piece of the NFL's Giants: 'It's too expensiv...
Eli Manning expressed that acquiring ownership in an NFL franchise, including the Giants, involves a substantial financial commitment, reflecting the team's high market valuation a...
Read Full Article →Trump sends more letters dictating high tariff rates around the world
Trump’s frequent adjustments to international tariffs significantly impact global trade dynamics, creating market volatility and uncertainty that influence investment decisions and...
Read Full Article →Goldman Sachs is reportedly planning to grill junior bankers about their loyalty
The investment bank’s approach to regularly assessing junior bankers' career intentions could impact employee retention strategies and influence overall operational costs within th...
Read Full Article →Here are five charts investors should be watching right now
These visual data representations reveal discrepancies between economic indicators, market forecasts, and asset valuations, potentially signaling increased risk for equity investme...
Read Full Article →Should Apple replace Tim Cook as CEO? These analysts want a dramatic change.
Analysts suggest that appointing a CEO with stronger product expertise could help Apple capitalize on emerging opportunities in artificial intelligence, potentially impacting the c...
Read Full Article →Oak View Group CEO Leiweke charged with bid rigging in U. of Texas arena project
The legal allegations against Oak View Group's CEO could potentially impact ongoing financial arrangements and investor confidence related to the University of Texas arena developm...
Read Full Article →The career rise of Linda Yaccarino, from NBCU intern to leading Elon Musk's X before stepping down
Linda Yaccarino's advancement to a top leadership role at a major social media platform highlights the financial impact of experienced media executives driving strategic growth in...
Read Full Article →Linda Yaccarino steps down as CEO of Elon Musk's X
Linda Yaccarino’s resignation from her leadership role at X may impact the company’s financial stability, as it follows closely after controversy involving the platform’s AI chatbo...
Read Full Article →FHLBank San Francisco Awards Nearly $50 Million to Help Create Over 2,000 Affordable Housing Units A...
The recent funding distribution by FHLBank San Francisco supports the development of thousands of cost-effective residences in three states, indicating a significant investment in...
Read Full Article →Funding Circle Holdings plc: POS-Transaction in Own Shares
Funding Circle Holdings plc has conducted a transaction involving the acquisition of its own equity, which may affect the company’s capital structure and influence shareholder valu...
Read Full Article →Trump sent copper prices soaring to records with talk of new tariffs. Morgan Stanley flags 2 compani...
The announcement of potential new trade measures has caused a sharp increase in copper market values, prompting financial analysts to highlight certain companies likely to experien...
Read Full Article →Fundfi Merchant Funding Strengthens Cross-Border Financial Solutions Amid Evolving US-Canada Relatio...
By enhancing access to working capital across the US and Canada, Fundfi Merchant Funding supports growing businesses with tailored financial products that facilitate international...
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