Finance News – U.S.
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U.S. Treasury yields slide after retail sales tumbled in May, raising recession fears
The decline in retail sales during May led to a drop in U.S. Treasury yields, increasing demand for bonds and signaling growing worries about economic deceleration.
Read Full Article →Worried about — well, everything? These 5 steps can ease your mind in volatile markets.
Implementing these five research-supported methods may improve your financial stability and confidence during unpredictable economic conditions.
Read Full Article →AI will shrink Amazon's workforce in the coming years, CEO Jassy says
Amazon plans to reduce its employee numbers over time as the integration of advanced AI technologies aims to improve efficiency and potentially lower operational expenses.
Read Full Article →Mitsubishi is raising prices as tariffs sting U.S. buyers
Mitsubishi is increasing vehicle costs in response to import duties, reflecting the impact of recent trade measures on consumer expenses in the United States.
Read Full Article →Tesla stock slumps after a report that Cybertruck and Model Y production is being paused
The temporary halt in manufacturing key Tesla models at the Austin facility marks the third interruption within a year, potentially impacting the company’s revenue streams and inve...
Read Full Article →AI means Amazon will need fewer white-collar workers over time, CEO says
Amazon’s CEO indicated that the adoption of artificial intelligence is expected to lower the number of corporate employees while enhancing overall productivity and operational effi...
Read Full Article →JPMorgan moves further into crypto with stablecoin-like token JPMD
JPMorgan’s introduction of JPMD represents a strategic step into digital assets, potentially influencing the market by offering a new form of blockchain-based value transfer within...
Read Full Article →Amazon CEO makes a big prediction on AI — plus, Salesforce hikes prices and a housing market update
The remarks from Amazon’s CEO on artificial intelligence could impact market trends, while Salesforce’s increased fees and recent developments in real estate may influence investme...
Read Full Article →Canva expands from design into analytics with acquisition of MagicBrief
By acquiring MagicBrief, Canva aims to enhance its offerings by integrating marketing performance insights, potentially increasing customer engagement and creating new revenue stre...
Read Full Article →Investor sentiment is bouncing back, Bank of America survey shows — but mostly overseas
A recent survey indicates growing optimism among investors, with a majority expecting moderate economic improvement and many anticipating that foreign markets will yield better ret...
Read Full Article →Oil prices rise more than 3% after Trump threatens Iran's leader, calls for unconditional surrender
The increase in crude oil costs reflects heightened geopolitical tensions, potentially impacting global energy markets and prompting concerns over supply disruptions amid escalatin...
Read Full Article →Reddit stock jumps after company rolls out new AI advertising tools
The introduction of advanced AI advertising features by Reddit has attracted investor interest, leading to a notable increase in the company’s market value as brands seek enhanced...
Read Full Article →How Senate GOP 'no tax on tips' proposal differs from House Republican plan
The Senate’s approach to exempting gratuities from taxation presents variations that could impact revenue collection and economic behavior differently compared to the earlier House...
Read Full Article →Investors see stagflation ahead but slow interest rate cuts, CNBC Fed survey finds
Market participants anticipate prolonged economic challenges with subdued monetary easing, reflecting expectations of reduced expansion and persistent price increases compared to e...
Read Full Article →Bye-bye bidding wars: Housing market becomes more buyer-friendly as more sellers slash prices
An increasing number of homes are available for sale across the United States, leading to reduced competition among buyers and creating opportunities for more favorable purchasing...
Read Full Article →Fed’s inflation fight isn’t over yet, says former No. 2 at central bank
According to Richard Clarida, ongoing inflation pressures may persist as the economic effects of tariffs could emerge gradually, potentially influencing future price levels and mon...
Read Full Article →This chart shows the Fed has room to cut interest rates enough to boost bonds and housing
The anticipated reduction in U.S. borrowing costs could lower financing expenses, potentially stimulating investment in real estate and increasing demand for fixed-income securitie...
Read Full Article →JetBlue to cut more flights, other costs with break-even 2025 'unlikely' due to weaker travel demand
JetBlue Airways is implementing additional flight reductions and expense controls as reduced traveler activity challenges the company’s ability to achieve profitability by 2025.
Read Full Article →Republicans move to eliminate payment pauses for struggling student loan borrowers
The proposed legislation by GOP lawmakers aims to end temporary relief for individuals facing unemployment or financial difficulties, potentially impacting their ability to postpon...
Read Full Article →JetBlue is cutting flights as it braces for a money-losing 2025
JetBlue is reducing its flight schedule due to weakened travel demand and excess capacity in the domestic sector, while continuing to focus on offering enhanced services on key rou...
Read Full Article →Tesla stock slips after report EV maker is halting Cybertruck and Model Y production
Tesla's decision to pause production of key vehicle models may impact its revenue streams, while the upcoming robotaxi launch in Austin introduces a new avenue for potential growth...
Read Full Article →SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Kris...
Investors in Krispy Kreme may have potential claims that could impact their financial interests, prompting legal representatives to evaluate possible remedies on behalf of those sh...
Read Full Article →Levi & Korsinsky, LLP Investigates Vrai Privacy Violation
The inquiry by Levi & Korsinsky, LLP may impact shareholder value and investor confidence depending on the outcomes related to possible data security issues involving Vrai’s online...
Read Full Article →SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Vest...
Faruqi & Faruqi, LLP is examining potential legal claims that may affect the financial interests of individuals holding shares in Vestis, aiming to protect and recover possible inv...
Read Full Article →INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Ruffolo, Hooper & Associates,...
The recent cybersecurity incident involving a third-party vendor at Ruffolo, Hooper & Associates, MD, PA could lead to financial consequences, including potential legal costs and l...
Read Full Article →INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Smile Solutions of Goodlettsvi...
The recent cybersecurity incident involving a longtime vendor of Smile Solutions may lead to significant financial liabilities and potential impacts on the company’s operational an...
Read Full Article →INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Covenant Surgical Partners, In...
The recent cybersecurity incident impacting Covenant Surgical Partners, Inc. may lead to increased costs, regulatory scrutiny, and potential legal liabilities that could affect the...
Read Full Article →Retail sales fell 0.9% in May, worse than expected, as consumers pulled back
The unexpected drop in retail sales highlights reduced consumer spending, influenced by lower fuel purchases and growing concerns about future economic stability, which may affect...
Read Full Article →NOTICE TO MANHATTAN ASSOCIATES, INC. (MANH) SINCE BEFORE OCTOBER 22, 2024? GRABAR LAW OFFICE IS INVE...
The ongoing investigation into Manhattan Associates, Inc. may impact investor confidence and influence the company’s stock performance depending on the findings related to executiv...
Read Full Article →Top oil CEOs sound the alarm as Israel-Iran strikes escalate
Rising tensions between Israel and Iran have raised concerns among leading energy executives about potential disruptions that could impact global oil supply and market stability.
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