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UK April inflation overstated because of car tax error, UK statistics agency says
The corrected inflation figures indicate a lower consumer price increase for April, which may influence economic forecasts, interest rates, and financial planning decisions across...
Read Full Article →British fintech Wise to move primary listing to the U.S. in blow to London stock exchange
Relocating its main stock market listing to the United States could enhance Wise's access to American investors and potentially increase its capital-raising opportunities while mai...
Read Full Article →What Germany's Merz wants to tackle in Trump meeting
Merz plans to discuss economic cooperation and security issues with the United States, aiming to enhance bilateral ties and support stable trade relations between the two countries...
Read Full Article →Shein and Temu see U.S. demand plunge on 'de minimis' trade loophole closure
The recent closure of the de minimis trade exemption has led to higher tariffs, causing a noticeable decline in sales growth for budget online retailers Temu and Shein within the A...
Read Full Article →CrowdStrike CEO talks DOJ inquiry: 'We stand by the accounting of those transactions'
CrowdStrike’s leadership expressed assurance in the accuracy of their financial records amid a Department of Justice investigation, highlighting the company's commitment to transpa...
Read Full Article →Stablecoin issuer Circle prices IPO at $31 per share, above expected range, ahead of NYSE debut
Circle’s initial public offering was valued higher than anticipated, resulting in a market capitalization of approximately $6.8 billion as it prepared to begin trading on the New Y...
Read Full Article →After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was 'thrilling'
Jared Isaacman's decision to leave his CEO position following the withdrawal of his NASA nomination may impact investor confidence and Shift4's market position moving forward.
Read Full Article →Jim Cramer says Nvidia chips could give the U.S. leverage in the trade war with China
Nvidia's advanced technology components, alongside key U.S. exports like natural gas and aerospace equipment, may influence trade dynamics by potentially strengthening the United S...
Read Full Article →Musk whips opposition to Trump tax plan: 'KILL the BILL'
Eliminating the proposed legislation could remove tax incentives for electric vehicle buyers, potentially impacting Tesla's market competitiveness and influencing the company's ove...
Read Full Article →Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup
Nikesh Arora’s addition to Uber’s board brings extensive leadership experience from major technology and investment firms, potentially influencing the company’s strategic financial...
Read Full Article →Sen. Ron Johnson rips into 'immoral' GOP spending bill: 'I can't accept it'
The recently approved budget bill, which has drawn strong opposition from some senators like Ron Johnson, carries significant fiscal implications that could impact government spend...
Read Full Article →Weak jobs data sparks talk of a Fed rate cut — plus, Amazon's new AI investment
Recent underwhelming employment figures have increased speculation about a potential Federal Reserve interest rate reduction, while Amazon’s latest artificial intelligence commitme...
Read Full Article →Most companies are already raising prices or plan to because of tariffs, data shows
Surveys indicate that a majority of businesses intend to transfer the increased expenses caused by tariffs onto customers through higher pricing strategies in the near future.
Read Full Article →Trump tax bill would add $2.4 trillion to deficits, Congressional Budget Office says
The proposed budget legislation is projected to increase the national debt by $2.4 trillion, raising concerns among some political leaders and economists about its long-term econom...
Read Full Article →Average 401(k) balances drop 3% due to market volatility, Fidelity says
Fidelity Investments reported a decline in retirement savings during the first quarter of 2025, highlighting how fluctuations in the market have affected the overall value of 401(k...
Read Full Article →Cramer calls Wells Fargo's asset-cap removal a 'watershed moment,' raises price target on the stock
The Federal Reserve's decision to lift restrictions on Wells Fargo's asset growth prompted several major financial institutions to increase their stock price forecasts, reflecting...
Read Full Article →The average 401(k) savings rate hit a record high. See if you're on track
Recent data shows that contributions to 401(k) retirement accounts have reached unprecedented levels, indicating a growing trend toward increased long-term financial planning among...
Read Full Article →Trump says 'Too Late' Powell must lower interest rates after weak ADP jobs report
The recent weak ADP jobs data has increased investor speculation that the Federal Reserve may need to reconsider its current interest rate stance to support economic growth.
Read Full Article →Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
The modest increase in private sector employment reported for May suggests slower job market growth, potentially influencing upcoming federal economic policy decisions and investor...
Read Full Article →Private equity bosses turn bullish on Europe
Investment leaders in the private equity sector are increasingly optimistic about opportunities in European markets, reflecting growing confidence in regional economic prospects an...
Read Full Article →Biographer: I interviewed Nvidia's CEO for 6 hours—here's the most surprising thing I learned about...
Nvidia's CEO plays a crucial role in the company's strategic decisions, which significantly impacts its market value and investor confidence in the rapidly evolving technology sect...
Read Full Article →Venmo adds debit card perks, checkout options in push to catch rival Cash App
By enhancing its debit card benefits and expanding payment methods, Venmo aims to increase user engagement and transaction volume, potentially boosting PayPal's share of the U.S. d...
Read Full Article →Mortgage demand drops for the third straight week, even as interest rates ease
The continued decline in applications for home loans over several weeks indicates cautious consumer behavior, potentially affecting housing market activity despite the recent stabi...
Read Full Article →Apple and Samsung smartphone growth to take hit from tariff uncertainty: Counterpoint Research
The anticipated slowdown in smartphone shipments for Apple and Samsung, influenced by ongoing tariff uncertainties, could impact overall market revenue and investor expectations in...
Read Full Article →Trump says ‘extremely hard’ to make a deal with China’s Xi as trade stalemate fuels calls for leader...
The ongoing disputes between the two nations over trade violations have intensified tensions, potentially impacting global markets and economic growth due to prolonged negotiation...
Read Full Article →Steph Curry's Thirty Ink generated $174 million in revenue last year, and all of its businesses are...
Under the leadership of CEO Steph Curry, Thirty Ink achieved $174 million in revenue last year, with all its divisions operating profitably according to the company’s report.
Read Full Article →Nissan CEO says mega savings plan will fix the struggling automaker
The Nissan CEO emphasized that implementing extensive cost-cutting measures is essential to improving the company’s financial health and addressing its current operational challeng...
Read Full Article →Trump's 50% steel tariffs hit the world but UK spared full blow
The new U.S. duties on steel and aluminum imports have significant economic implications globally, although the United Kingdom faces reduced impact due to exceptions in the applied...
Read Full Article →The European Central Bank is almost guaranteed to cut rates. Here's what could happen next
A potential interest rate reduction by the European Central Bank could influence borrowing costs and economic activity, with experts evaluating its possible effects on consumer spe...
Read Full Article →Toyota Industries' shares nosedive on $33 billion buyout deal — steepest fall in 10 months
The announcement of a 4.7 trillion yen plan to take the company private triggered a sharp decline in its stock value, marking the largest drop in nearly a year.
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