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TSMC profit jumps 61% as AI chip demand breaks records
TSMC reported a substantial increase in earnings during the second quarter, driven by strong demand for AI-related products, with third-quarter forecasts significantly exceeding ma...
Read Full Article →Private equity went big on healthcare. States want it out
The recent failures of major healthcare organizations owned by private equity have raised concerns among states about the impact of such investments on community access and financi...
Read Full Article →Nvidia is back in China. Its banned chips were already there
Despite ongoing debates over export regulations, a substantial unofficial trade of high-tech components in China continues to impact market dynamics and complicate the enforcement...
Read Full Article →United Airlines earnings fly past forecasts. But FAA cuts clip its wings
United Airlines exceeded profit expectations, yet ongoing challenges such as rising fuel expenses, restricted flight capacities, and weaker demand for leisure travel continue to af...
Read Full Article →Wall Street is winning the trade war
The volatile trade policies introduced during the Trump administration have resulted in increased opportunities and profits for financial institutions actively engaged in market tr...
Read Full Article →Knockoff weight loss drugs were supposed to be 'gone and illegal.' Now they're bigger than ever
Despite regulatory efforts to eliminate counterfeit weight loss medications, compounding pharmacies have found a way to continue production, resulting in sustained market demand an...
Read Full Article →Trump privately signals he'll fire Fed Chair Jerome Powell — but downplays it in public
The possibility of replacing the Federal Reserve Chair has raised market uncertainty, as investors consider how changes in leadership could influence monetary policy and impact eco...
Read Full Article →Homeowners aren't moving anytime soon — regardless of how low mortgage rates can get
A majority of homeowners surveyed indicate they have no plans to sell or refinance their properties, suggesting limited market activity despite fluctuations in borrowing costs.
Read Full Article →Your 401(k) could soon include hedge funds and private equity
The upcoming regulation may allow retirement accounts to diversify by incorporating alternative asset classes, potentially affecting investment strategies and long-term growth oppo...
Read Full Article →Trump's search for the next Federal Reserve chair has kicked off
The selection process for the upcoming Federal Reserve chair involves several candidates, with potential impacts on monetary policy and financial markets, as key decision-makers we...
Read Full Article →Nvidia just re-entered China. CEO Jensen Huang is already talking upgrades
Nvidia’s renewed presence in China highlights potential growth opportunities as the company aims to expand its market influence and increase sales of advanced AI chip technology in...
Read Full Article →Goldman Sachs earnings show big banks are booming on market chaos
Major banking institutions have experienced increased revenue due to heightened market fluctuations triggered by recent tariff policies and ongoing economic uncertainties.
Read Full Article →Weekly mortgage applications drop 10% as economic worries grow
A decline in mortgage requests reflects rising borrowing costs and increasing economic uncertainty, potentially indicating cautious consumer behavior in the housing market amidst f...
Read Full Article →Chipmaking giant ASML says it can't be certain of growth in 2026
ASML reported strong profits of €2.3 billion but highlighted potential risks to future revenue growth due to ongoing trade conflicts that may reduce chip demand in 2026.
Read Full Article →The war over home listings that could change how you buy and sell forever
The ongoing dispute between major real estate companies concerning exclusive property listings may reshape market dynamics, potentially impacting transaction processes and financia...
Read Full Article →Nvidia celebrated its return to China. A Trump official threw cold water on it
Nvidia's reentry into the Chinese market highlights a strategic move with potential economic benefits, though it faces cautious scrutiny from U.S. officials concerned about geopoli...
Read Full Article →Jamie Dimon says JPMorgan Chase will take a crack at stablecoins
JPMorgan Chase’s entry into the stablecoin market signals a strategic move to expand its digital asset offerings, potentially influencing the broader financial technology landscape...
Read Full Article →A DOGE staffer just leaked access to xAI’s AI brain
The unauthorized disclosure of xAI’s confidential AI interface by a controversial government worker may lead to significant financial repercussions for the company and its stakehol...
Read Full Article →Trump says the U.S. will impose 19% tariffs on Indonesia in a new trade deal
The introduction of 19% tariffs on imports from Indonesia could substantially affect bilateral trade, given the $38.3 billion exchange between the two nations in the previous year.
Read Full Article →Who is Kevin Hassett — and could he be the next Fed chair?
Kevin Hassett, an experienced economist and former adviser, is being considered for the Federal Reserve chair position, which could influence U.S. monetary policy and impact financ...
Read Full Article →Nvidia is back in China — and the stock pops
Nvidia's approval to sell advanced AI chips in China has positively influenced its market value, reflecting investor confidence following recent high-level discussions involving th...
Read Full Article →Inflation speeds up as tariffs start to leave a mark on the economy
Rising inflation influenced by recent tariff changes is creating challenges for the Federal Reserve’s plans to reduce interest rates, while the possibility of expanded tariffs adds...
Read Full Article →What JPMorgan earnings say about the economy right now
JPMorgan’s latest financial results indicate continued market strength and consumer confidence among wealthier individuals, though caution remains as economic challenges have not y...
Read Full Article →Claude goes corporate: Anthropic's latest AI is built for Wall Street
Anthropic’s new AI technology aims to enhance decision-making speed for financial professionals by providing advanced tools designed specifically to meet the demands of the investm...
Read Full Article →Trump throws the sugar industry a fresh lifeline with new restriction on imports
The recent import limitation supports domestic sugar producers by potentially reducing foreign competition, addressing the significant market share decline experienced over the las...
Read Full Article →A new tariff on Mexican tomatoes just kicked in — and Americans might feel it soon
The recent implementation of a tax on tomato imports from Mexico is expected to lead to increased costs for consumers in the United States, impacting grocery bills in the near futu...
Read Full Article →The surprising $52 billion blip in BlackRock’s solid quarter
Despite overall strong financial performance and record assets, a significant single withdrawal of $52 billion highlights a noteworthy challenge within BlackRock’s quarter.
Read Full Article →Pharma tariffs would hit uninsured Americans the hardest, experts warn
Imposing tariffs on pharmaceutical imports could increase medication costs, disproportionately affecting those without insurance who rely on affordable generic drugs sourced primar...
Read Full Article →The states where electric bills will rise the most and least thanks to Trump's budget bill
The legislation is expected to increase dependence on costly natural gas, resulting in higher electricity expenses for consumers in various states, with some experiencing larger pr...
Read Full Article →Nvidia’s CEO says AI won’t take your job — but it will change it
According to Nvidia’s CEO, adapting quickly to advancements in artificial intelligence is crucial for maintaining financial competitiveness as job roles evolve rather than disappea...
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