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Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show
Officials expressed concern that potential increases in tariffs might intensify inflationary pressures, complicating decisions regarding monetary policy adjustments and impacting o...
Read Full Article →Healthy Returns: RFK Jr.’s Covid vaccine recommendation change could threaten health, access
The CDC’s revised guidance on Covid vaccinations for certain groups may impact healthcare demand, coinciding with Hinge Health’s entry into public markets, which could influence in...
Read Full Article →An Abbott competitor drops out — plus, a special circumstance for Nvidia earnings
The withdrawal of a key player in the medical sector and an unusual factor affecting Nvidia's quarterly report may influence market dynamics and investor strategies in the near ter...
Read Full Article →Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Palantir's collaboration with Fannie Mae aims to enhance fraud detection in mortgage applications using artificial intelligence, potentially reducing financial losses while safegua...
Read Full Article →JD Vance tells bitcoin conference that stablecoins don't threaten the dollar
U.S. Vice President J.D. Vance emphasized at a major cryptocurrency event that digital assets designed for price stability are unlikely to disrupt the dominance of the U.S. dollar...
Read Full Article →Trump nuclear power orders could open small reactors in the U.S. by 2030, GE Vernova CEO says
The development of compact nuclear reactors is expected to contribute significantly to GE Vernova’s revenue streams beginning in the 2030s, according to CEO Scott Strazik.
Read Full Article →Joby Aviation shares pop 28% as electric air taxi maker closes $250 million Toyota investment
Joby's recent funding milestone, marked by a significant capital infusion from Toyota, is expected to enhance the company's financial position and accelerate development of its ele...
Read Full Article →Trump says he's not 'chickening out' on trade: 'It's called negotiation'
The market’s fluctuating response to announced and subsequently delayed tariffs illustrates the economic impact of unpredictable trade policies on investor confidence and global fi...
Read Full Article →Trump administration axes Biden-era barrier for crypto in 401(k) plans
The recent policy change may influence how retirement plans incorporate digital assets, potentially affecting investment options and risk management practices within 401(k) portfol...
Read Full Article →Our only oil and natural gas stock stands to win big if a key pipeline project is revived
The potential restart of a halted pipeline initiative could substantially impact the value of the sole company involved in oil and natural gas operations, depending on political de...
Read Full Article →GameStop drops 9% despite initiating bitcoin buying plan with $500 million purchase
GameStop's recent acquisition of over $500 million in bitcoin marks a significant financial move, although the company's stock declined approximately 9% following the announcement.
Read Full Article →Abercrombie & Fitch soars more than 15% even as retailer slashes profit outlook due to tariffs
Despite anticipating a $50 million earnings hit from tariffs and slower growth in its flagship brand, Abercrombie & Fitch's stock increased by over 15%, reflecting investor optimis...
Read Full Article →Instacart names Chris Rogers as CEO after Fidji Simo's exit for OpenAI
The appointment of Chris Rogers as Instacart’s CEO following Fidji Simo’s departure to OpenAI may influence the company’s strategic direction and impact its financial performance i...
Read Full Article →Goldman-backed Starling Bank reports 26% profit drop as it flags Covid loan fraud issue
Starling Bank, supported by Goldman Sachs, experienced a notable decrease in pre-tax earnings to £223.4 million, attributing part of the decline to issues related to Covid loan fra...
Read Full Article →Mortgage rates rose to the highest level since January, but demand from homebuyers still grew. Here'...
Despite an increase in borrowing costs reaching their highest point since early this year, the interest and activity among prospective homeowners experienced a modest uptick during...
Read Full Article →Dick's Sporting Goods stands by full-year guidance — even with tariffs looming
Dick's Sporting Goods confirmed its projections for fiscal 2025 sales and earnings, indicating that anticipated tariffs have been factored into their financial outlook without alte...
Read Full Article →Getty Images spending millions to battle a 'world of rhetoric' in AI suit, CEO says
Getty Images is investing a substantial amount of money in legal efforts to address disputes related to artificial intelligence, reflecting the company's commitment to protecting i...
Read Full Article →The AI industrial trade has found its stride again. Why this Club stock is running ahead of the pack
GE Vernova's recent stock increase reflects renewed investor confidence in its role within the AI data center sector, highlighting its stronger market performance compared to simil...
Read Full Article →Fewer international tourists are visiting the U.S. — economic losses could be 'staggering,' research...
The decline in foreign visitors to the United States may lead to substantial revenue decreases for industries reliant on tourism, affecting overall economic growth and employment o...
Read Full Article →China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
The combined impact of export limitations to China and ongoing tariff uncertainties in the U.S. has significantly reduced the market valuation of a leading semiconductor equipment...
Read Full Article →Auto giant Stellantis appoints Antonio Filosa as new CEO
The appointment of Antonio Filosa as CEO marks a strategic leadership change that could influence Stellantis’ financial direction and market performance in the coming fiscal period...
Read Full Article →CNBC's UK Exchange newsletter: An all-too-familiar dial tone from Vodafone
Vodafone's recent financial challenges reflect broader economic trends affecting many large companies and highlight ongoing uncertainties within the UK market and corporate environ...
Read Full Article →Japan's bond market raises alarm over risks of outflows from U.S., carry trade unwind and market tur...
Rising yields on Japanese government debt may trigger significant shifts in international investments as domestic investors reconsider exposure to U.S. assets amid concerns about p...
Read Full Article →Circle IPO has peculiar Facebook-like characteristic
The majority of shares offered in Circle's updated IPO stem from current investors rather than new equity issuance, potentially affecting the company’s capital raise and overall ma...
Read Full Article →Okta shares plunge 11% as company maintains guidance, citing macroeconomic uncertainties
Despite surpassing earnings and revenue expectations, Okta’s decision to maintain its forecast due to ongoing economic challenges prompted a notable decline in its stock value.
Read Full Article →Nvidia's feverish recovery rally faces a reality check. What investors should know
The upcoming earnings report will provide insight into whether the recent surge in the AI chipmaker’s stock price can be sustained amid market uncertainties and investor expectatio...
Read Full Article →23andMe to delist from Nasdaq, deregister with SEC
The planned acquisition of most 23andMe assets by Regeneron Pharmaceuticals for $256 million will result in the company's withdrawal from public stock trading and regulatory report...
Read Full Article →Court order challenges Trump's plan to move federal student loans to Small Business Administration
The court's decision prevents the transfer of a substantial federal student debt portfolio, maintaining its current management and potentially affecting future financial oversight...
Read Full Article →Stablecoin issuer Circle kicks off its IPO, targeting a nearly $6 billion valuation
Circle's decision to go public aims to secure substantial funding, reflecting investor confidence and positioning the company for growth within the expanding digital currency marke...
Read Full Article →Tesla shares climb as Musk pledges to be 'super focused' on companies ahead of Starship launch
Tesla's stock increased following Elon Musk's commitment to prioritize his companies' growth and efficiency, which investors interpreted as a potential boost to the company's futur...
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