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Fed keeps rates steady — plus, Apple's search revelation and our new DuPont price target
The Federal Reserve’s decision to maintain interest rates influences market conditions, while recent developments from Apple and updated projections for DuPont offer insights for i...
Read Full Article →Federal Reserve holds interest rates steady: What that means for credit cards, auto loans, mortgages...
By maintaining current interest rates, the Federal Reserve influences borrowing costs across various loans and impacts savings account yields, affecting consumers' financial decisi...
Read Full Article →Who is Berkshire Hathaway's Greg Abel? Warren Buffett explained his choice of successor: 'He underst...
Greg Abel’s appointment as Berkshire Hathaway’s next CEO signals a strategic leadership transition that may influence the company’s investment decisions and market confidence, refl...
Read Full Article →Here's what federal student loan interest rates may be in 2025-2026: higher education expert
The anticipated adjustment in federal student loan interest rates for the 2025-2026 period could impact the overall cost of borrowing for higher education students nationwide.
Read Full Article →China says U.S. asked for trade meeting in Switzerland
The upcoming discussions between U.S. and Chinese trade officials in Switzerland may influence bilateral economic relations, potentially impacting market dynamics and international...
Read Full Article →Democrats push back against Trump's growing crypto empire
Senator Richard Blumenthal initiated an early investigation into former President Trump’s cryptocurrency projects, emphasizing concerns about potential risks to national security a...
Read Full Article →Used vehicle pricing barometer jumps to highest level since 2023 amid auto tariffs
Manheim's index tracking wholesale used car prices in the U.S. rose by 4.9% last month, reaching a peak not seen since 2023, reflecting shifts influenced by recent trade policies.
Read Full Article →Alphabet shares sink 8% after Apple’s Cue says AI will replace search engines
Alphabet's stock declined significantly following comments from Apple's executive suggesting that artificial intelligence technologies may transform or reduce reliance on tradition...
Read Full Article →AMD CEO Lisa Su calls China a 'large opportunity' and warns against strict U.S. chip controls
AMD's leadership highlights the importance of maintaining a balanced approach to export regulations in order to maximize market expansion in China while addressing security concern...
Read Full Article →EU to unveil next steps in U.S. tariff countermeasures on Thursday
The upcoming announcement from the EU is expected to detail potential financial actions in response to U.S. tariffs, highlighting ongoing preparations amid uncertainties in trade n...
Read Full Article →One of our tech names announces a restructuring that is good for the stock
The recent organizational changes at a major technology company are expected to positively influence investor confidence and potentially enhance the company’s market valuation in t...
Read Full Article →CEO at 33, Tubi's Anjali Sud on success hacks she learned at Amazon, IAC on way to top of Fox stream...
Anjali Sud's leadership at Tubi highlights strategic growth in the streaming market, potentially increasing the platform’s revenue and competitive position within the broader digit...
Read Full Article →Why Target is losing out against competitors Walmart and Costco
Target’s recent operational challenges and changes in diversity and inclusion policies have impacted customer loyalty, resulting in increased market share for competing retailers s...
Read Full Article →Pandora warns U.S. tariffs will spark sweeping jewelry price increases
Pandora indicated that proposed U.S. tariff increases could lead to widespread cost rises throughout the budget-friendly jewelry market, potentially impacting consumer affordabilit...
Read Full Article →Uber misses revenue expectations with trips up 18% over last year
Despite a notable increase in trip volume compared to the previous year, Uber’s revenue fell short of forecasts, while the CEO emphasized autonomous vehicle technology as a key fut...
Read Full Article →Weekly mortgage demand suddenly surges, despite lingering economic uncertainty
Despite minimal changes in interest rates, the number of applications for home loans increased noticeably last week, indicating a shift in borrowing activity amid ongoing economic...
Read Full Article →Uber CEO says changing employee benefits 'is a risk we decided to take'
Uber's decision to modify employee benefits and increase in-office work reflects a strategic choice that may impact company expenses and workforce satisfaction moving forward.
Read Full Article →Disney reports surprise uptick in streaming subscribers, beats on top and bottom lines
Disney’s recent financial results showed increased subscriber numbers and surpassed expectations in earnings and revenue, leading the company to raise its fiscal 2025 outlook acros...
Read Full Article →Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was kill...
Despite the elimination of regulatory pressure previously cited by banks, credit card interest rates remain elevated, sustaining record-high annual percentage rates that significan...
Read Full Article →IRS loses nearly 1 in 3 tax auditors in DOGE cuts, watchdog report finds
The reduction in IRS personnel has significantly impacted audit capacity, potentially affecting revenue collection and enforcement efforts due to fewer available tax examiners, as...
Read Full Article →Why Indian markets are undeterred by strikes against Pakistan
Despite initial volatility caused by tensions with Pakistan, market participants remain optimistic that a quick resolution will minimize financial disruptions and help sustain stea...
Read Full Article →CNBC Daily Open: Countries want to strike deals with U.S. — but are also making them without it
Several nations are pursuing alternative trade agreements that may diminish U.S. influence in global markets, potentially impacting the country’s economic position established duri...
Read Full Article →China announces sweeping measures to ease policy in bid to shore up trade-war hit economy
China’s decision to reduce interest rates and reserve requirements aims to stimulate economic growth by lowering borrowing costs and increasing liquidity amid ongoing trade tension...
Read Full Article →Novo Nordisk cuts 2025 guidance on weaker-than-expected Wegovy sales, posts first-quarter profit bea...
Despite reporting higher-than-anticipated first-quarter earnings, Novo Nordisk adjusted its 2025 revenue outlook downward due to slower demand for Wegovy, impacting overall financi...
Read Full Article →Trump officials Bessent and Greer to meet with Chinese counterparts on trade, economic issues
Senior representatives from the Trump administration are scheduled to engage with Chinese officials to discuss ongoing trade and economic matters, highlighting the importance of th...
Read Full Article →Super Micro issues weak guidance, cites 'economic uncertainty and tariff impacts'
Super Micro's cautious outlook reflects concerns over ongoing economic instability and trade policies, which may affect its revenue growth and profit margins in the coming quarters...
Read Full Article →Rivian cuts 2025 delivery target, ups expected spending amid tariff pressures
Rivian has adjusted its 2025 expectations by lowering the anticipated vehicle shipments while simultaneously increasing its projected expenses due to challenges related to import d...
Read Full Article →AMD beats on earnings but will take $1.5 billion hit to revenue from chip restrictions to China
AMD's latest quarterly results exceeded forecasts, yet the company anticipates a substantial revenue reduction due to limitations on chip sales to the Chinese market.
Read Full Article →58 crypto wallets have made millions on Trump's meme coin. 764,000 have lost money, data shows
A small number of crypto wallet holders have gained substantial profits from the $TRUMP meme coin, while a significantly larger group experienced financial losses following increas...
Read Full Article →EA issues strong bookings guidance as CEO touts 'Battlefield' reveal
Electronic Arts surpassed expectations for fiscal fourth-quarter bookings, signaling robust financial performance, while the CEO highlighted the upcoming reveal of the new Battlefi...
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