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Stablecoins go mainstream: Why banks and credit card firms are issuing their own crypto tokens
Major financial institutions such as Mastercard, Visa, and JPMorgan have entered the cryptocurrency market by creating their own digital tokens, reflecting a growing integration of...
Read Full Article →Bigger bitcoin HODL: Time for 10% to 40% of portfolio in crypto, says financial advisor Ric Edelman
Financial advisor Ric Edelman suggests that allocating between 10% and 40% of an investment portfolio to cryptocurrencies could play a meaningful role in long-term financial strate...
Read Full Article →Trump ends all U.S. trade talks with Canada over digital services tax
The cessation of trade discussions between the U.S. and Canada over the new levy on digital services could impact cross-border economic relations and influence future tax policies...
Read Full Article →Coterra shifts its view on oil, again. Here are our 3 takeaways as investors in the stock
Coterra’s recent announcement to maintain its current number of oil rigs may influence its future cash flow and investment strategies, potentially affecting shareholder value and m...
Read Full Article →Deep inside U.S. economy, more sticker prices start going up due to tariffs, and inventory is headed...
Rising import duties are contributing to increased costs within American supply chains, leading businesses to raise prices while simultaneously experiencing a decline in stored goo...
Read Full Article →Nvidia heads for 5-day win streak as it hits record highs
Nvidia's stock increased for the fifth day in a row, reaching new peak values, indicating strong investor confidence despite ongoing concerns about the impact of developments in Ch...
Read Full Article →California Gov. Gavin Newsom sues Fox News for $787 million, alleging defamation
California Governor Gavin Newsom has initiated a $787 million lawsuit against Fox News, a figure comparable to the amount Fox's parent company recently paid to Dominion Voting Syst...
Read Full Article →Nike stock soars 17% after CEO soothes investors, says recovery is on the horizon
Following the CEO's update on the company’s turnaround timeline, investor confidence increased, resulting in a significant rise in stock value that reflects optimism about Nike’s f...
Read Full Article →'Revenge saving' picks up as consumers brace for economic uncertainty
Consumers are increasingly setting aside money due to concerns about inflation, job stability, and market fluctuations, which is impacting overall spending patterns and influencing...
Read Full Article →Hemi V-8 engines and mechanical bull rides: Inside Stellantis' plan to revive its Ram Trucks brand a...
Stellantis aims to boost Ram Trucks' market performance and revenue by reintroducing popular engine options and unique promotional activities as part of a broader strategy to rever...
Read Full Article →China confirms details of U.S. trade deal
China’s clarification of the agreement’s specifics sheds light on potential impacts for bilateral commerce, influencing market expectations and investor confidence regarding future...
Read Full Article →We checked out Tesla's supervised, invite-only robotaxi launch. Here's what we saw
Tesla’s controlled debut of its robotaxi service marks a crucial step toward potential new revenue streams by leveraging advancements in autonomous driving technology developed sin...
Read Full Article →The Home Depot parking lot labor economy is at heart of Trump's ICE immigration battle
The recent immigration enforcement efforts have significantly impacted the availability of day laborers in the construction sector, leading to reduced informal hiring opportunities...
Read Full Article →New investment options may be coming to 401(k)s—here's what it means for your money
The inclusion of alternative assets such as cryptocurrency or private equity in retirement plans could potentially impact the long-term growth and stability of investors' savings.
Read Full Article →Europe will buy more American weapons and pave way for trade deal, EU Council chief says
Increased European defense expenditures on U.S.-made military equipment are expected to enhance transatlantic trade relations and facilitate progress toward a comprehensive commerc...
Read Full Article →Here's how the luxury real estate market is splitting up
The luxury property sector is experiencing a noticeable division, reflecting varying trends in buyer preferences and regional pricing that impact overall market valuation and inves...
Read Full Article →UK auto production for May slumps to lowest level since 1949 as Trump tariffs hit hard
The sharp decline in vehicle manufacturing reflects challenges from tariff effects, ongoing adjustments in production models, and industry restructuring, resulting in a significant...
Read Full Article →Investing in Space: NATO holds out its hand to the commercial space sector
NATO’s updated approach to commercial space collaboration, coupled with increased defense budgets, may create new investment opportunities and financial growth prospects for compan...
Read Full Article →China's industrial profits plunge 9.1%, steepest fall in seven months
The recent downturn in China's industrial earnings represents the most substantial monthly decrease observed since October of the previous year, highlighting a notable shift in the...
Read Full Article →McCormick is focused on mitigating tariff impact on agriculture, says CEO Brendan Foley
McCormick’s leadership is assessing how recent trade tariffs may affect supply costs and overall expenses in their agricultural sourcing, potentially influencing the company’s fina...
Read Full Article →Jim Cramer: These S&P 500 winners demonstrate the market's broad success
Thursday's leading stocks within the S&P 500 indicate a widespread positive trend, reflecting overall market strength and potentially signaling investor confidence across multiple...
Read Full Article →Nike says tariffs will cost it $1 billion before price increases, supply chain shifts
Nike anticipates a substantial financial impact from tariffs this quarter, which may challenge ongoing recovery strategies and raise concerns about potential declines in revenue an...
Read Full Article →Generator stock Generac heads for best week since November amid heat wave, looming storm threats
Generac's shares have risen nearly 12% this week, marking the company's strongest weekly performance since November 2024, driven by increased demand due to extreme weather conditio...
Read Full Article →What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getti...
Financial institutions are increasingly focusing on stablecoins due to their potential to represent a multi-trillion-dollar market, anticipating significant opportunities in the ev...
Read Full Article →Core Scientific shares surge 33% on report of buyout talks with CoreWeave
The company’s stock experienced a notable increase following news of acquisition discussions, indicating investor optimism about the potential financial implications of the possibl...
Read Full Article →The $5 million Trump Card faces legal challenges, limited market
The introduction of a $5 million investment option for citizenship has sparked legal scrutiny and uncertain demand, impacting its potential influence on immigration and financial m...
Read Full Article →Circle resumes its post-IPO rally after pullback, stablecoin issuer boosts Coinbase
Investors are recognizing potential gains as Circle's recent market activity highlights opportunities within the stablecoin sector that may positively impact Coinbase's financial p...
Read Full Article →Tesla head of manufacturing Omead Afshar fired by Elon Musk
The departure of Tesla's manufacturing leader may impact production efficiency and investor confidence amid the company's recent challenges with declining vehicle sales.
Read Full Article →Trump now wields sweeping veto power over U.S. Steel. Here's how the 'golden share' works
The arrangement grants President Trump significant control over decisions at U.S. Steel, allowing him to influence major corporate actions despite no longer holding a formal govern...
Read Full Article →AI is doing up to 50% of the work at Salesforce, CEO Marc Benioff says
Salesforce's increased reliance on artificial intelligence to handle a significant portion of tasks is expected to enhance operational efficiency and potentially reduce labor costs...
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