Finance News – U.S.
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In race to attract data centers, states forfeit hundreds of millions of dollars in tax revenue to te...
Several states offer substantial tax breaks to major technology firms for data center development, resulting in significant reductions in public revenue to encourage investment in...
Read Full Article →CarMax stock climbs on Q1 profit and revenue beat
CarMax experienced an increase in its share value following better-than-expected earnings and sales figures reported for the first quarter, indicating solid financial performance.
Read Full Article →Starlink rival Eutelsat pops 22% as France backs $1.55 billion capital raise
Eutelsat’s stock surged following France’s decision to support a substantial capital increase, enhancing the company’s financial foundation and potentially boosting its competitive...
Read Full Article →What the Gulf War and past supply disruptions says about how high oil prices can go
Analysts at Citigroup suggest that historical conflicts causing supply interruptions indicate current oil prices may be approaching the upper limits of a sustainable trading range...
Read Full Article →The Fed held interest rates steady, but some credit card APRs keep going up. Here's why
Despite the Federal Reserve maintaining its benchmark rates, rising credit card interest rates continue to impact consumer borrowing costs and overall financial obligations.
Read Full Article →Labubu-maker's shares slump as Chinese state media calls for stricter regulation, Morgan Stanley tri...
Pop Mart experienced a notable decline in its stock value following comments from Chinese state media advocating tighter industry oversight and Morgan Stanley’s decision to lower i...
Read Full Article →Investing in Space: Iron Dome's performance could be Golden Dome's opportunity
The success of the Iron Dome system highlights potential returns and strategic value for investments in emerging defense technologies like the Golden Dome project.
Read Full Article →China keeps key lending rates steady after May cut as trade deal with U.S. eases growth worries
The central bank’s decision to maintain current borrowing costs reflects cautious optimism about economic stability amid improving trade relations and ongoing efforts to support su...
Read Full Article →Meta tried to buy Ilya Sutskever's $32 billion AI startup, but is now planning to hire its CEO
Meta's efforts to strengthen its AI capabilities include recruiting key leaders from a major AI company valued at $32 billion after acquisition attempts did not materialize.
Read Full Article →Japan's core inflation hits highest level since January 2023, putting pressure on BOJ to raise rates
The increase in Japan's underlying inflation, surpassing economist predictions, may influence the Bank of Japan's decision-making regarding adjustments to interest rates amid chang...
Read Full Article →The luxury market is poised for a big slowdown, but there are some areas where people are still will...
Despite an overall reduction in high-end consumer spending, certain luxury segments continue to attract significant investment, indicating selective demand within the premium goods...
Read Full Article →Holding(s) in Company
The update regarding Irish Residential Properties REIT plc reflects investment positions that could influence portfolio allocation and risk management decisions for stakeholders ar...
Read Full Article →INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation of Ruffolo, Hooper & Associates,...
The recent cybersecurity incident involving a third-party service provider at Ruffolo, Hooper & Associates, MD, PA, may result in significant legal expenses and potential financial...
Read Full Article →Transaction in Own Shares
The company’s repurchase and cancellation of its own equity shares on June 19, 2025, is likely to affect its capital structure by reducing outstanding stock and potentially enhanci...
Read Full Article →Covenant Surgical Partners, Inc. Data Breach - Levi & Korsinsky, LLP Launches Investigation
The recent security incident involving Covenant Surgical Partners, Inc. has raised potential financial risks related to regulatory penalties, legal expenses, and possible impacts o...
Read Full Article →Funding Circle Holdings plc: POS-Transaction in Own Shares
Funding Circle Holdings plc’s recent purchase of its own stock may impact the company’s capital structure by potentially reducing outstanding shares and influencing investor percep...
Read Full Article →Higher risk, lower growth, less investment: UN trade arm issues downbeat global economic outlook
The UN trade agency's latest report highlights increased uncertainties and reduced economic expansion, which together contribute to a decline in global investment activities.
Read Full Article →Trump rips into 'too late' Jerome Powell after Fed holds rates steady
The decision by the Federal Reserve to maintain current interest rates has drawn criticism from President Donald Trump, who believes adjustments are necessary to support economic g...
Read Full Article →Airbus orders dominate Paris Air Show as Boeing takes backseat — again
The European manufacturer secured numerous contracts at the Paris Air Show, highlighting its market strength despite the event being affected by a recent tragic accident and ongoin...
Read Full Article →Oil prices rise more than 1% as Israel vows to intensify attacks on Iran
The increase in crude oil costs reflects market concerns over escalating tensions in the Middle East, which could potentially disrupt global supply chains and impact energy-related...
Read Full Article →Block out the noise and stay invested — stock picks and advice from one of the world’s oldest mutual...
Established in 1934, The Investment Company of America fund has demonstrated financial resilience through significant global events, providing strategic stock selections that refle...
Read Full Article →How retail credit cards could bankrupt consumers with record high interest rates
Rising interest rates on retail credit cards are increasing the financial burden, contributing significantly to the growing share of consumer bankruptcies linked to credit card deb...
Read Full Article →The U.S. added a thousand new millionaires a day in 2024: Report
In 2024, the U.S. experienced a substantial increase in affluent individuals, contributing to the highest number of millionaires worldwide at nearly 24 million, reflecting ongoing...
Read Full Article →Is the stock market open today for Juneteenth? Will the post office deliver mail?
Juneteenth, now recognized as a federal holiday, affects various services including stock market operations and postal deliveries, potentially influencing financial activities and...
Read Full Article →Zero rate policy is back after Swiss cut, while Bank of England pauses after four cuts this year
The Swiss National Bank’s decision to reduce interest rates to zero may influence global lending costs, while the Bank of England’s recent pause reflects cautious monetary adjustme...
Read Full Article →Global stocks fall, oil futures rise, on a report U.S. may soon strike Iran
Financial markets reacted cautiously to geopolitical tensions, with equity indexes declining across Asia and Europe while crude oil prices increased amid concerns over potential mi...
Read Full Article →History shows what has to happen for the Israel-Iran conflict to boost oil prices
Removing Iran's current leadership could lead to prolonged disruptions in oil supply, potentially resulting in a notable and sustained increase in global petroleum market prices.
Read Full Article →What is inflation?
Inflation affects the cost of goods and services, influences consumers’ ability to buy, and plays a crucial role in shaping economic growth and financial stability over time.
Read Full Article →Here’s how bitcoin is entering investor portfolios through the back door
Investors are increasingly gaining indirect access to bitcoin through various financial products and institutional strategies, reflecting its growing influence within broader inves...
Read Full Article →This college grad almost turned $13 into $270,000 with a bet on the NHL finals. Why DraftKings and o...
A recent NHL finals bet by a college graduate nearly multiplied a small initial amount into hundreds of thousands, illustrating why sportsbooks favor complex, multi-event wagers de...
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