News from Quartz
What is your interest today?
Russian institutions go in on Bitcoin-linked futures and bonds
Russian financial organizations are increasing their investments in Bitcoin-related derivatives and debt instruments, signaling a growing integration of cryptocurrency assets withi...
Read Full Article →Dollar Tree results show discount retail is the canary in the coal mine
Recent earnings from major discount retailers indicate cautious consumer behavior, highlighting a growing preference for lower-priced goods amid economic uncertainties affecting ev...
Read Full Article →SpaceX will hit $15.5 billion in revenue this year, Elon Musk says
SpaceX is projected to increase its revenue significantly to $15.5 billion in 2025, reflecting substantial growth compared to the previous year’s estimated earnings between $11 and...
Read Full Article →Elon Musk trashes Trump's big bill as a 'disgusting abomination'
Elon Musk publicly criticized a major legislative proposal linked to former President Trump, highlighting potential impacts on business relationships and investor confidence within...
Read Full Article →Ford gets a sales bump on employee pricing despite tariffs
Ford experienced a notable rise in monthly vehicle sales compared to last year, driven primarily by increased demand for both hybrid and conventional models amid ongoing trade rest...
Read Full Article →Every iPhone ever made, in order of release
Apple’s introduction of its initial smartphone model in 2007 marked the beginning of a product line that has significantly contributed to the company’s revenue growth and global ma...
Read Full Article →Hims & Hers makes a big Europe push with an acquisition. Knockoff weight loss drugs could be next
Hims & Hers’ acquisition of a European telehealth provider is expected to enhance its market reach and revenue potential across several key countries, signaling strategic growth in...
Read Full Article →U.S. tariffs slowed down China's manufacturing in May
The recent tariffs imposed by the United States contributed to a notable decline in Chinese factory output in May, marking the sharpest contraction in manufacturing activity in alm...
Read Full Article →Meta's nuclear deal with Constellation Energy is Big Tech's latest AI power play
Meta’s 20-year contract to buy nuclear energy from Constellation Energy aims to support its expanding AI infrastructure, highlighting the increasing importance of stable power sour...
Read Full Article →Dollar General earnings are good news for investors — and bad news for the economy
Dollar General’s strong quarterly results have boosted its stock value, benefiting shareholders, while simultaneously raising concerns about potential negative impacts on overall e...
Read Full Article →America is the biggest loser in Trump's trade war, OECD says
The latest OECD report highlights that recent tariff measures have contributed to a notable economic slowdown, with the United States experiencing a disproportionate impact compare...
Read Full Article →The Trump administration is delaying a 25% tariff on Chinese-made graphics cards
The postponement of the 25% import duty on graphics cards assembled in China temporarily alleviates additional costs for consumers and businesses relying on these components in the...
Read Full Article →The 10 highest-paid CEOs
The substantial increase in executive compensation over several decades highlights a growing disparity between top leadership earnings and the relatively modest wage growth experie...
Read Full Article →Disney is laying off hundreds of employees
Disney’s decision to reduce its workforce by several hundred employees reflects a strategic effort to adjust its business model amid shifting consumer preferences and evolving medi...
Read Full Article →Jamie Dimon says he's not retiring from JPMorgan Chase for 'several years'
Jamie Dimon's continued leadership is expected to provide stability for JPMorgan Chase, potentially influencing the bank's strategic decisions and financial performance over the co...
Read Full Article →Meta is going all-in on AI advertising
Meta plans to leverage artificial intelligence to automate nearly all of its advertising revenue, which accounts for the vast majority of the company’s income, potentially increasi...
Read Full Article →There's still a way to get interest rate cuts this year, Fed governor says
A temporary rise in inflation could create conditions that allow the Federal Reserve to consider reducing interest rates later this year, potentially impacting borrowing costs and...
Read Full Article →United Airlines tries to lure customers back to Newark with lower prices as a shuttered runway reope...
The reopening of a previously closed runway at Newark Liberty International Airport may help United Airlines attract travelers by potentially improving operations and enabling the...
Read Full Article →Bitcoin, Ethereum, Solana, and more: The top 15 cryptocurrencies everyone should know
The increasing adoption of various digital currencies is reshaping investment strategies and financial markets by introducing diverse assets with unique characteristics and potenti...
Read Full Article →The tariff truce is teetering as Trump and China trade fresh threats
The potential breakdown of the agreement between the U.S. and China regarding import duties could lead to increased costs for businesses and disrupt global trade patterns.
Read Full Article →America's housing market is cracking
Rising mortgage rates and increasing home prices are contributing to slower sales and decreased affordability, which could impact economic growth and the broader real estate sector...
Read Full Article →The top 10 companies on the new Fortune 500
The leading ten corporations on the latest Fortune 500 list represent a significant portion of overall market revenue, highlighting their substantial influence on the national and...
Read Full Article →Dollar Tree, Lululemon, layoffs, and jobs numbers: What to watch in the stock market this week
Investors are closely monitoring upcoming employment statistics and inflation trends as these factors may influence Federal Reserve policies and impact market performance in the we...
Read Full Article →Nvidia can't be stopped, Apple falls behind, and the AI data center race: Tech news roundup
Recent developments in major tech companies' data center plans highlight shifting investment priorities and raise questions about the long-term financial impact on the competitive...
Read Full Article →Japan's warning, the trade war's next phase, and Trump Media's Bitcoin buy: Markets news roundup
Investor interest in ultra-long Japanese government bonds has sharply declined, reaching its lowest point in nearly a year, highlighting growing concerns about the demand for long-...
Read Full Article →Tourism's perfect storm, Walmart and Costco's gas stations, and Musk leaves DOGE: Business news roun...
The reduced number of leisure travelers on key international routes highlights challenges for airlines and associated industries, potentially affecting revenue streams and broader...
Read Full Article →Oreos-maker is suing Aldi for copying its packaging
Mondelez International is pursuing legal action against Aldi, alleging that the supermarket's similar packaging design could potentially impact the market share and sales revenue o...
Read Full Article →Trump says China 'totally violated' early trade agreement with the U.S.
The ongoing disputes between the U.S. and China over trade commitments have impacted market stability, potentially affecting tariffs, supply chains, and bilateral economic growth p...
Read Full Article →The SEC drops its lawsuit against Binance, bringing crypto enforcement close to an end
The termination of legal action against Binance and its leader under the current administration may encourage increased investment and stability within the cryptocurrency market by...
Read Full Article →Oil companies are facing the first-ever climate change wrongful death lawsuit
The lawsuit against major oil firms could set a precedent that holds corporations financially accountable for health impacts linked to climate-related events, potentially influenci...
Read Full Article →