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Forget trade talks: Trump says the U.S. will just tell countries their tariff rates (again)
The decision to set tariff rates unilaterally could impact international trade dynamics and create financial uncertainty for businesses relying on predictable import costs and mark...
Read Full Article →Novo Nordisk's CEO is out after the Ozempic maker's stock dropped 50% in a year
Novo Nordisk announced that its CEO, Lars Fruergaard Jørgensen, will resign following a significant decline in the company’s market value linked to challenges faced by its key diab...
Read Full Article →Walmart helped keep America's prices low for decades. Now it's leading them higher
Walmart’s extensive supply chain influence and cost-saving strategies have historically contributed to lower consumer prices, but recent shifts indicate the company may now be cont...
Read Full Article →Coinbase's claim of 100 million users under SEC scrutiny
The investigation into Coinbase's reported user base may have important implications for its market valuation and investor confidence within the cryptocurrency industry.
Read Full Article →UnitedHealth stock plunges after report of DOJ probe into Medicare fraud
The company experienced a significant decline in market value following news of a federal inquiry into its Medicare billing methods, raising concerns about potential legal and fina...
Read Full Article →7 countries Apple relies on to build the iPhone
The involvement of multiple countries in the production of the iPhone highlights the complex supply chain that impacts costs, tariffs, and Apple's overall profitability in the glob...
Read Full Article →Bombas looks to keep growing beyond 'Shark Tank' with a new CEO
Bombas aims to accelerate its market expansion and boost revenue by appointing a new chief executive, signaling a strategic move to strengthen its financial position beyond previou...
Read Full Article →Coinbase's cyber attack could cost it $400 million
The recent security breach at Coinbase may result in financial liabilities ranging from $180 million to $400 million, prompting a notable decline in the company’s stock value durin...
Read Full Article →Tesla required leased cars be returned for robotaxi program — but resold them instead
Tesla’s decision to resell leased vehicles instead of using them in its robotaxi initiative may impact revenue recognition and raise concerns about the company’s transparency in fi...
Read Full Article →Nvidia-backed CoreWeave's big AI spending spooks investors — and the stock tanks 13%
CoreWeave’s increased investment in artificial intelligence infrastructure led to investor apprehension, resulting in a notable decline in the company’s stock price after its initi...
Read Full Article →Walmart warns price hikes are coming as earnings take a hit from tariffs
Walmart’s recent financial report highlights increased costs affecting profit margins, indicating that consumers may experience higher expenses as the company adjusts to ongoing tr...
Read Full Article →Jamie Dimon isn't ruling out a recession yet
Jamie Dimon’s cautious stance highlights potential economic challenges ahead, which could impact market stability and influence investment decisions within the financial sector.
Read Full Article →Jerome Powell warns of more frequent 'supply shocks' — and interest rates that stay higher for longe...
Jerome Powell indicated that persistent supply disruptions could contribute to sustained elevated interest rates, impacting borrowing costs and financial market conditions over an...
Read Full Article →Warren Buffett on finally retiring at 94: ‘How do you know the day you become old?’
Warren Buffett’s decision to retire at 94 reflects a shift in leadership that may impact Berkshire Hathaway’s strategic direction and influence investor confidence in the company’s...
Read Full Article →Trump wants Apple to stop building iPhones in India — just as production ramps up
The shift of iPhone manufacturing away from India could impact Apple's cost structure and supply chain efficiency during a period of increasing production in the region.
Read Full Article →The market's mirage: Investors might be misreading the trade truce
The recent rise in stock prices following the U.S.-China trade agreement could be driven by cautious optimism, though underlying uncertainties suggest that financial gains might no...
Read Full Article →Boeing gets its biggest 787 jet order ever from Qatar Airways, the White House says
Boeing has finalized a substantial agreement to supply a large number of 787 aircraft to Qatar Airways, marking a significant milestone in the company’s commercial aviation sales.
Read Full Article →HBO is back after the Max rebrand flopped — and Warner Bros. Discovery knows it seems absurd
Warner Bros. Discovery’s decision to restore the HBO brand to its streaming platform reflects a strategic move aimed at regaining subscriber trust and stabilizing revenue after the...
Read Full Article →Tariffs could send inflation back up, top Fed official says
The introduction of new trade barriers and the resulting unpredictability in commerce may increase consumer prices, potentially reversing the recent declines in inflation and compl...
Read Full Article →Tesla might give Elon Musk a new pay package
Tesla is considering a new compensation plan for its CEO, potentially involving equity incentives, as a way to provide financial rewards following the recent judicial rejection of...
Read Full Article →This isn't a stock market rally. It's a scramble
Despite recent gains in several key indices, overall market performance remains modest with major benchmarks showing minimal to negative returns since the beginning of the year.
Read Full Article →Airbnb will now let you rent chefs, personal trainers and more
Airbnb's introduction of personal services such as chefs and trainers aims to diversify its revenue streams and attract a broader customer base, potentially enhancing overall finan...
Read Full Article →A Saudi AI opportunity worth $1 trillion wins over Wall Street — and boosts Nvidia stock
Investors responded positively to Saudi Arabia’s emerging role in artificial intelligence, resulting in significant market gains for key technology companies like Nvidia and highli...
Read Full Article →The 10 best used cars for less than $20,000 right now
Many Americans are turning to affordable pre-owned vehicles under $20,000 due to rising new car costs and potential price increases resulting from tariffs affecting the automotive...
Read Full Article →Tesla's board chair has now sold stock worth more than half-a-billion
Robyn Denholm’s recent stock sales totaling close to $200 million reflect a substantial personal financial transaction involving Tesla shares over the last half-year.
Read Full Article →Inflation falls and the trade war stalls: What it means for Fed interest rate cuts
Recent developments in inflation and trade tensions suggest the Federal Reserve may maintain its cautious approach, potentially delaying reductions in interest rates to assess econ...
Read Full Article →The 5 metro areas with the highest inflation in America — and the 5 with the lowest
Several metropolitan regions are experiencing varying rates of price increases, reflecting broader trends in the slowing annual inflation rate, which recently reached its lowest po...
Read Full Article →Elon Musk just got a win for Starlink in Saudi Arabia
The approval for Starlink to operate in Saudi Arabia potentially opens a new market for Elon Musk's satellite internet service, which could lead to increased revenue and expanded g...
Read Full Article →Costco is limiting gold bar purchases as demand surges
The increasing interest in buying gold bars at Costco has financial implications, prompting the company to implement purchase restrictions to manage supply and maintain stability f...
Read Full Article →Inside United Airlines' new super-luxury suites: caviar, fancy pajamas, and privacy doors
United Airlines is enhancing its international business class by adding premium private suites on select Boeing 787-9 planes, potentially attracting high-end customers and increasi...
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