Finance News – U.S.
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Pentagon to become largest shareholder in rare earth magnet producer MP Materials; shares surge 40%
The Pentagon's acquisition of a substantial ownership stake in MP Materials highlights increased government investment in critical mineral industries, contributing to a notable ris...
Read Full Article →Delta shares jump 10% after airline reinstates 2025 profit outlook as CEO says bookings stabilized
Delta's stock rose significantly following the company's decision to restore its profit expectations for 2025, reflecting improved demand and stabilized reservations despite earlie...
Read Full Article →Delta stock soars, lifted by better-than-expected earnings and restored full-year guidance
Delta Airlines experienced a notable increase in its stock value following the release of stronger-than-anticipated quarterly results and the company’s decision to reaffirm its out...
Read Full Article →A $500 billion wall of money will lift the stock market in the second half, says JPMorgan
JPMorgan strategists anticipate substantial capital inflows from both domestic retail and international investors, which may contribute to notable stock market growth in the latter...
Read Full Article →‘I’m in California and plan to stay here’: I’m 61, lost my job and live off my $425K IRA. My house h...
At age 61, relying on a $425,000 retirement account and substantial home equity totaling $650,000, navigating a prolonged job search poses important considerations for financial st...
Read Full Article →Bank CEOs are about to tell us what they really think of Trump’s tariff chaos
The upcoming statements from major bank leaders are expected to provide important insights into economic conditions, potentially offering a clearer picture than individual financia...
Read Full Article →The 5 states where gas is cheapest — and the 5 where it's most expensive
According to AAA data, the price per gallon of gasoline varies significantly across different states, with nearly a two-dollar gap separating the lowest and highest costs.
Read Full Article →Pomp and pageantry for Macron in Britain, but Trump's tariffs are stealing the limelight
Despite the elaborate celebrations honoring Emmanuel Macron’s visit to Britain, economic concerns surrounding tariffs imposed by Donald Trump are drawing significant attention from...
Read Full Article →European Union in limbo as Washington keeps it waiting on a trade agreement
Delays in finalizing the trade agreement have created uncertainty for European markets, but an imminent framework deal may provide clarity and impact economic relations between the...
Read Full Article →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 →YouTube takes aim at mass-produced AI videos
Beginning July 15, YouTube will modify its monetization guidelines to reduce earnings for content created using artificial intelligence or that is considered highly repetitive, imp...
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...
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