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Eli Manning says he's no longer interested in buying a piece of the NFL's Giants: 'It's too expensiv...
Eli Manning expressed that acquiring ownership in an NFL franchise, including the Giants, involves a substantial financial commitment, reflecting the team's high market valuation a...
Read Full Article →Trump sends more letters dictating high tariff rates around the world
Trump’s frequent adjustments to international tariffs significantly impact global trade dynamics, creating market volatility and uncertainty that influence investment decisions and...
Read Full Article →Oak View Group CEO Leiweke charged with bid rigging in U. of Texas arena project
The legal allegations against Oak View Group's CEO could potentially impact ongoing financial arrangements and investor confidence related to the University of Texas arena developm...
Read Full Article →Linda Yaccarino steps down as CEO of Elon Musk's X
Linda Yaccarino’s resignation from her leadership role at X may impact the company’s financial stability, as it follows closely after controversy involving the platform’s AI chatbo...
Read Full Article →Trump's next Fed chair pick already comes with a credibility problem
The financial markets may experience increased uncertainty as the upcoming Federal Reserve chair's reputation could affect investor confidence and monetary policy effectiveness dur...
Read Full Article →Photos show Altman, Iger and Cook arrive at 'summer camp for billionaires' in Sun Valley
The presence of top executives from major companies at this exclusive event highlights its importance as a venue for potential high-level discussions and influential business netwo...
Read Full Article →Nvidia hits $4 trillion market cap, first company to do so
The company’s valuation surpassed $4 trillion for the first time, reflecting strong investor confidence driven by its leading role in providing essential technology for the growing...
Read Full Article →Homebuyers finally responded, after mortgage rates hit lowest level in three months
The recent decline in mortgage rates to a three-month low encouraged a notable increase in home purchase applications, reflecting heightened activity in the housing market.
Read Full Article →BNY Mellon will have custody of Ripple's new stablecoin as institutional interest in crypto swells
BNY Mellon’s role as the main custodian for Ripple’s U.S. dollar-backed stablecoin reserves highlights growing institutional involvement and confidence in cryptocurrency assets.
Read Full Article →Vanguard, BlackRock deliver second-half market plays that could cushion a potential growth slowdown
Major investment firms have introduced strategic market options aimed at providing potential returns and stability amid forecasts of slower economic expansion in the upcoming half-...
Read Full Article →Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push
The reported investment by Meta in EssilorLuxottica highlights growing collaboration in wearable technology, potentially influencing stock performance and signaling confidence in t...
Read Full Article →Trump's tariffs on cars, copper, drugs, aluminum could hit harder than other levies
The imposed duties on automotive, metal, and pharmaceutical imports may create significant economic challenges for companies and international partners adapting to the ongoing shif...
Read Full Article →Super Micro plans to ramp up manufacturing in Europe to capitalize on AI demand
Super Micro aims to expand its production capacity in Europe, reflecting a strategic move to enhance revenue growth by meeting the rising global demand for artificial intelligence...
Read Full Article →Trump tariffs raise the specter of sharper economic downturn for South Korea and Japan
The increased tariffs on South Korean and Japanese goods exported to the United States could contribute to heightened financial pressures and potentially slow economic growth in bo...
Read Full Article →Apple says COO Jeff Williams will retire from company later this year
Jeff Williams’ transition to lead Apple’s design, wearable, and health divisions may influence the company’s strategic priorities and resource allocation in these growing business...
Read Full Article →Two charged in $650 million global crypto scam that promised 300% returns
The case involves a large-scale cryptocurrency fraud where individuals reportedly attracted numerous investors worldwide with promises of extraordinarily high returns, resulting in...
Read Full Article →Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares
Jeff Bezos' recent transaction involving a substantial amount of Amazon shares reflects continued portfolio adjustments, following his notable personal expenditures and public even...
Read Full Article →Here are winners and losers of Tuesday's stealth market rotation — plus, Nvidia $4T watch
Tuesday’s hidden market shift impacted various stocks differently, highlighting key changes in investment positions as Nvidia approaches a significant valuation milestone during th...
Read Full Article →Trump threatens to impose up to 200% tariff on pharmaceuticals 'very soon'
The potential introduction of substantial tariffs on pharmaceutical products could considerably affect pricing structures and market dynamics, with implementation possibly delayed...
Read Full Article →White House: Odds of tariff-related inflation are low, like 'pandemics or meteors'
Although tariffs imposed by the administration have contributed to price increases in certain sectors, their impact has not resulted in widespread inflation affecting the overall e...
Read Full Article →We're trimming our position in a middling stock to avoid a cardinal sin of investing
Reducing our holdings in a moderately performing stock reflects a cautious approach aimed at minimizing potential losses, while simultaneously adjusting our evaluation to a less fa...
Read Full Article →Trump says he will impose 50% tariff on copper imports
The announcement of a 50% tariff on copper imports could significantly impact trade dynamics and production costs within industries reliant on this key metal, influencing market pr...
Read Full Article →Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows
Recent data from the New York Fed indicates that anticipated inflation rates have returned to earlier benchmarks, suggesting diminished concerns about significant price increases l...
Read Full Article →IRS says churches can endorse political candidates without losing tax-exempt status
Allowing religious organizations to support political candidates without jeopardizing their tax benefits could impact donation patterns and financial transparency within the nonpro...
Read Full Article →Former UK Prime Minister Rishi Sunak returns to Goldman Sachs
Rishi Sunak’s decision to rejoin Goldman Sachs as a senior adviser highlights the potential influence of his political experience on the firm’s strategic financial initiatives and...
Read Full Article →Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Boeing's recent increase in 737 Max production led to a substantial rise in deliveries, marking the highest monthly total of aircraft handed over since the end of 2023.
Read Full Article →Wendy's CEO Kirk Tanner tapped to lead Hershey
Kirk Tanner’s move to lead The Hershey Company is expected to influence the confectionery firm’s strategic direction and market performance starting in mid-August.
Read Full Article →Robinhood CEO downplays OpenAI concerns on tokenized stock structure
Robinhood's CEO emphasizes that the classification of OpenAI and SpaceX stock tokens as non-equity does not materially impact the platform’s financial operations or the value offer...
Read Full Article →Shein files for Hong Kong IPO in hopes of salvaging London listing: FT report
Shein’s decision to pursue a public offering in Hong Kong reflects its attempt to access capital markets after facing challenges with regulatory approval for its earlier planned li...
Read Full Article →Japan calls Trump's latest tariff salvo 'regrettable' as nations scramble to deal with fresh deadlin...
The announcement of revised tariff rates for multiple countries ahead of the August deadline highlights potential shifts in international trade costs, influencing global market dyn...
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