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Sen. Mike Lee posts, deletes fake Fed Chair Powell resignation letter: Reports
Senator Mike Lee shared and then removed a fabricated resignation letter attributed to Federal Reserve Chair Powell amid ongoing tensions related to the central bank's interest rat...
Read Full Article →Trump's 'big beautiful bill' created a new student loan repayment plan: Here's what borrowers need t...
The recently approved student loan repayment option, set to launch next summer, aims to provide borrowers with alternative terms that may affect their monthly payments and overall...
Read Full Article →AI startups raised $104 billion in first half of year, but exits tell a different story
In the first half of 2025, a substantial portion of total investment was directed toward AI ventures, although the distribution favored a limited number of firms, highlighting vari...
Read Full Article →In-N-Out billionaire CEO: 'We're not moving' HQ out of California
The decision to keep the company’s headquarters in California while expanding operations in Tennessee highlights strategic growth considerations and may impact local economic contr...
Read Full Article →Danaher's imperfect quarter is good enough for us to stay the course
Despite mixed financial results, the company's performance was sufficient to maintain investor confidence, resulting in stock price movements that reflected cautious optimism throu...
Read Full Article →Wall Street is upbeat on tech megacaps, but big questions loom on AI spending, China, Trump tariffs
Investors remain optimistic about large technology companies as earnings reports begin, although concerns persist regarding artificial intelligence investments, trade relations wit...
Read Full Article →Trump says U.S. struck trade, military deal with the Philippines; Manila has not confirmed
President Donald Trump announced an agreement involving trade and defense with the Philippines, reportedly including a 19% tariff on imports, though officials in Manila have yet to...
Read Full Article →Shares of department store Kohl's surge 30% in wild trading
Kohl's stock experienced a notable increase during early trading on Tuesday, reflecting heightened investor interest and volatility often associated with rapidly rising market tren...
Read Full Article →Trump backs further away from firing Powell: 'He's going to be out pretty soon anyway'
The president’s public criticism of the central bank leader highlights tensions that could influence investor confidence and market stability amid ongoing debates over monetary pol...
Read Full Article →Is the side hustle boom over? Fewer Americans have side gigs for the first time since 2017
Recent data from Bankrate indicates a decline in the number of Americans engaging in secondary jobs, suggesting changes in supplementary income sources compared to trends observed...
Read Full Article →GM reports $1.1 billion tariff impact as automaker works to 'greatly reduce' exposure
General Motors exceeded analyst expectations in its second-quarter earnings, although the company faced significant costs related to trade tariffs, prompting efforts to minimize fu...
Read Full Article →Why AI stocks are down, plus 3 names Morgan Stanley likes heading into earnings
Recent declines in artificial intelligence-related equities highlight market uncertainty, while Morgan Stanley identifies three companies with promising financial outlooks as they...
Read Full Article →Trump China tariff deadline likely to be extended, Bessent says
Treasury Secretary Scott Bessent plans to engage with Chinese officials next week in Stockholm to negotiate terms that could prevent the implementation of costly trade tariffs.
Read Full Article →Businesses are cautiously spending on corporate travel as trade uncertainty looms
Companies are maintaining expenditures on work-related trips while carefully managing budgets to mitigate potential risks associated with unpredictable global trade conditions.
Read Full Article →Warren Buffett knocks down reports that Berkshire's BNSF taps Goldman for a railroad takeover
Warren Buffett clarified that neither he nor Berkshire Hathaway executive Greg Abel has engaged with Goldman Sachs regarding any potential acquisition involving the BNSF railroad d...
Read Full Article →Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere
Coca-Cola's revenue exceeded expectations due to robust sales in Europe, contributing to a significant increase in its stock price and elevating the company's overall market capita...
Read Full Article →How much a $1,000 investment in Coca-Cola 10 years ago would be worth now
An initial $1,000 investment in Coca-Cola a decade ago would have grown substantially, reflecting steady stock appreciation and resilience amidst recent economic challenges.
Read Full Article →Telegram's crypto wallet goes live to its 87 million U.S. users
Telegram’s integration of a cryptocurrency wallet for its 87 million U.S. users may enhance user engagement and create new revenue opportunities by facilitating seamless digital as...
Read Full Article →How Canadian boycotts are impacting the U.S.
A significant portion of Canadian shoppers plan to reduce their purchases of products from the United States this year, potentially affecting cross-border trade and economic relati...
Read Full Article →How wealthy investors bet on gold, from buying fractions of a bar to stashing bullions in Swiss mili...
Affluent individuals invest in gold by purchasing small portions or storing large quantities in highly secure locations, reflecting the value they place on both asset protection an...
Read Full Article →U.S. plays hardball on tariffs deadline as EU battles for a deal
The approaching deadline for increased tariffs is creating financial uncertainty, potentially affecting trade relations and economic conditions between the United States and the Eu...
Read Full Article →Jeep maker Stellantis warns of a shock $2.7 billion loss as tariffs bite
Stellantis reported a substantial mid-year deficit attributed to increased trade duties, leading the company to retract its financial outlook for the entire year.
Read Full Article →U.S. firms scramble to secure rare-earth magnets — imports from China surge 660%
The rapid increase in rare-earth magnet shipments from China to the United States reflects heightened demand and could significantly impact supply chains and costs for American man...
Read Full Article →Brexit made businesses abandon the UK. Trump's hefty EU tariffs could bring them back
Potential imposition of substantial tariffs on the European Union under President Trump may influence companies to reconsider the United Kingdom as a more attractive location for t...
Read Full Article →How Huawei ascended from telecoms to become China's 'jack of all trades' AI leader
Huawei's expansion into artificial intelligence has positioned the company as a major player in the technology sector, significantly impacting its revenue streams and market valuat...
Read Full Article →Chinese companies are waging fierce price wars — but the consumer isn’t always the winner
Intense competition among Chinese firms has driven prices down significantly, affecting market dynamics and potentially impacting product quality and long-term consumer value in co...
Read Full Article →With another tariff deadline looming, these 10 things are going the right way for stocks
Despite ongoing concerns about upcoming tariffs, several positive factors are contributing to recent stock market gains, reflecting investor optimism and supporting higher valuatio...
Read Full Article →Aug. 1 is 'hard deadline' for Trump's tariffs, Commerce Secretary Lutnick says
The August 1 deadline for implementing tariffs set by the administration could impact trade costs and market dynamics, potentially influencing import prices and economic relations...
Read Full Article →Here are the 5 things we're watching in the stock market in the week ahead
The upcoming week will feature an increase in corporate financial reports, which could significantly influence investor decisions and overall market trends.
Read Full Article →Retirees are fleeing these 10 U.S. cities—most are in states where you need over $1 million to retir...
In 2023, many retirees moved away from certain U.S. cities, particularly those with high living costs and retirement expenses exceeding one million dollars, impacting local economi...
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