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Chipotle and Chick-fil-A helped increase new restaurant locations among top brands in 2024
In 2024, leading fast-casual and quick-service chains contributed notably to the expansion of new dining establishments, reflecting growing investment and consumer demand within th...
Read Full Article →AMC stock surges on record-breaking Memorial Day weekend sales
AMC Entertainment experienced a notable increase in its market value following exceptional ticket and concession sales during the recent holiday weekend, reflecting strong consumer...
Read Full Article →Forget being a barista: Starbucks is hiring a pilot for up to $360,000
Starbucks is offering a corporate pilot position with a competitive salary potentially reaching $360,000, reflecting the company's investment in executive transportation and operat...
Read Full Article →Salesforce is buying Informatica for $8 billion
The acquisition of Informatica by Salesforce for $8 billion in equity value reflects a strategic investment aimed at enhancing their position in the expanding market for artificial...
Read Full Article →The age of AI layoffs is already here. The reckoning is just beginning
The increasing adoption of automation technologies is leading to job reductions within various sectors, highlighting the broader economic impact and challenges companies face durin...
Read Full Article →Tariffs may fuel inflation — but not for long, Goldman Sachs says
According to Goldman Sachs, the recent U.S. import taxes are likely to cause a short-term increase in inflation, but this impact is expected to diminish and stabilize by the follow...
Read Full Article →Quantum computing could make Bitcoin and crypto a lot less secure
Advancements in quantum computing may potentially undermine current cryptographic protections, posing risks to the security and value of digital assets like Bitcoin and other crypt...
Read Full Article →Consumer confidence rebounds after months of tariff fears
In April, consumer sentiment towards the U.S. economy showed improvement, potentially encouraging increased spending and investment as concerns about international trade disputes d...
Read Full Article →Trump's relationship with Apple is souring
The proposed 25% tariff on imported iPhones could increase production costs for Apple, potentially affecting pricing, sales, and overall revenue within the competitive smartphone m...
Read Full Article →How China EVs are winning over Europe while Tesla loses ground
European consumers are increasingly purchasing electric vehicles from Chinese manufacturers, resulting in a significant decline in Tesla’s sales and a shift in market dynamics with...
Read Full Article →The luxury housing market is cracking — and tech-heavy cities are getting hit hardest
Recent data indicates that high-end residential property transactions have declined notably, with metropolitan areas known for technology industries experiencing the most significa...
Read Full Article →The bond market is breathing a little easier after Trump delayed E.U. tariffs
Treasury yields declined on Tuesday as investors responded positively to the postponement of additional tariffs, signaling reduced concerns about escalating trade tensions affectin...
Read Full Article →Nvidia will release cheaper Blackwell AI chips in China to avoid U.S. restrictions, report says
Nvidia plans to introduce more affordable AI chips tailored for the Chinese market to navigate regulatory challenges while sustaining its competitive position and revenue growth in...
Read Full Article →The Dow jumps 475 points after Trump walks back E.U. trade threats
U.S. equity markets experienced notable gains Tuesday as major indices recovered some losses, reflecting improved investor confidence following a de-escalation in trade tensions wi...
Read Full Article →Temu parent sees stock plummet after earnings miss
The substantial drop in PDD Holding’s stock price reflects investor concerns following the company's failure to meet expected financial performance for the first quarter.
Read Full Article →Volvo is cutting 15% of its office workers as it grapples with tariffs
Volvo Cars plans to reduce its global office workforce by approximately 3,000 positions in response to increased trade restrictions, reflecting broader economic challenges faced by...
Read Full Article →Southwest Airlines ditches free checked bags this week. Here's how much they'll cost
Southwest Airlines will begin charging passengers for checked baggage starting this week, marking a change that could increase travel expenses for customers who previously enjoyed...
Read Full Article →Walmart, Costco, and even Dollar General are getting into the gas station business
Several large retail chains are increasing their involvement in fuel sales, potentially diversifying revenue streams and capitalizing on ongoing consumer demand despite the growing...
Read Full Article →Nvidia, Costco, and Fed minutes: What to watch in the stock market this week
Last week’s widespread decline in major stock indexes reflects investor caution amid rising bond yields, signaling potential shifts in market sentiment that could influence portfol...
Read Full Article →Bitcoin's new high, bonds go bananas, and Coinbase joins the S&P 500: Markets news roundup
Recent shifts in cryptocurrency values, unexpected fluctuations in government debt yields, and the inclusion of a major digital asset exchange in a key stock index highlight evolvi...
Read Full Article →Target's red flag, Walmart vs. Trump, and Elon Musk vs. Bill Gates: Business news roundup
Recent trends indicate that affluent American shoppers are reducing spending, leading major retailers like Walmart and Target to adjust their strategies in response to shifting con...
Read Full Article →Mark Cuban on 6 of his top Shark Tank success stories
Mark Cuban’s participation in Shark Tank involved investing approximately $33 million, resulting in $35 million in direct returns and current equity valued at around $250 million,...
Read Full Article →Trump wants more nuclear power plants. Nuclear stocks surge
Following the recent executive directives aimed at boosting the expansion of nuclear reactors and reforming regulatory oversight, shares in nuclear energy companies experienced a n...
Read Full Article →Boeing and the DOJ cut a deal to avoid prosecution in deadly 737 Max crashes
The agreement between Boeing and the Department of Justice helps the company resolve legal challenges related to the 737 Max incidents, potentially impacting its financial liabilit...
Read Full Article →JPMorgan Chase, Bank of America and others might launch their own crypto
Several leading financial institutions are exploring the development of digital currencies to potentially enhance transaction efficiency and maintain competitiveness amid increasin...
Read Full Article →Trump's new tariff threats could mean the Fed waits longer to cut interest rates
The possibility of increased tariffs introduced by Trump may lead the Federal Reserve to delay reducing interest rates, as indicated by a senior Fed representative.
Read Full Article →The U.S. and China keep trade talks alive with their first call since Geneva
The recent high-level phone discussion between U.S. and Chinese officials signals ongoing efforts to manage economic tensions and maintain stability in bilateral trade relations, w...
Read Full Article →Trump memecoin investors enjoy a $148 million dinner with the president — and with protests
A dinner hosted by President Trump with $TRUMP cryptocurrency supporters highlighted significant financial backing for the token, while also drawing public protests and raising eth...
Read Full Article →Trump threatens Apple with 25% tariffs if it doesn't make iPhones in America
Imposing a 25% tariff on imported iPhones could significantly impact Apple’s production costs and pricing strategies, potentially affecting its revenue and the broader technology s...
Read Full Article →Apple stock slips as Trump threatens big tariffs on iPhones
Shares of Apple declined following President Trump's announcement of potential increased import duties on iPhones manufactured in India, reflecting investor concerns about the comp...
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