Finance & Business
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Spectrum to Cut 1,200 Jobs After Losing Thousands of Customers
Spectrum, also known as Charter Communications, plans to lay off 1,200 employees following sharp declines in both its cable and internet customer base....
Tesla Shares Drop 5% as Profits Fall Despite Record Sales
Tesla shares fell 5% on Thursday morning after the company reported a sharp decline in third-quarter profits, even as it achieved record vehicle...
Argentina Secures $20 Billion Dollar Swap from US to Boost Reserves
The United States Treasury has signed a $20 billion currency swap agreement with Argentina’s central bank, providing crucial liquidity as the South American...
Republic Records Stays on Top Before Taylor Swift’s ‘Showgirl’ Storm Hits
The global music industry is holding its breath for Taylor Swift’s next big wave. Her new album, The Life of a Showgirl, released...
Celsius Tops Shelf Space Gains as Millennials Fuel Energy Drink Demand
Celsius Holdings (CELH) has gained the most shelf space among energy drink brands in the United States this year, a new Goldman Sachs...
$23 Trillion in Savings Pushes Chinese Households Toward Equities
Chinese households are increasingly investing in the stock market as traditional savings options offer low returns. The CSI 300 Index has climbed more...
Investors Cautious After Trump–Xi Talks Show No Concrete Progress
Asia-Pacific markets traded mixed on Monday after a call between US President Donald Trump and Chinese President Xi Jinping failed to deliver clear...
Gold, Crypto and Stocks Hit Record Highs Amid Fed Easing
Bank of America strategist Michael Hartnett has warned investors that financial markets are entering bubble territory, even as the US Federal Reserve cuts...
$1.7 Billion in US Funds to Support 1,800 UK Jobs Across Key Cities
The UK government announced over £1.25 billion ($1.69 billion) in new investments from major U.S. financial firms, including Bank of America, Citigroup, and...
WBD Shares Surge Amid Reports of $50 Billion Paramount Skydance Takeover
Warner Bros. Discovery’s stock surged sharply after reports that Paramount Skydance is preparing an all-cash offer to acquire the media company in a...
Tesla Shareholders to Vote on Elon Musk’s $1 Trillion Pay Plan
Tesla shareholders will vote on November 6 to decide whether to approve Elon Musk’s proposed $1 trillion compensation package. The plan, supported by...
UBS Considers U.S. Move Amid Tougher Swiss Capital Requirements
UBS Group is exploring the possibility of relocating its headquarters from Switzerland to the United States after Swiss regulators proposed stricter rules requiring...
AMD Stock Slides 14%, But Analysts Still Say Buy
Advanced Micro Devices (AMD) has seen its stock drop 14% over the past month, but analysts remain positive on its long-term potential. The...
AI Stocks to Watch: Nvidia and SoundHound Get Analyst Buy Ratings
The global artificial intelligence (AI) market continues to grow rapidly, and some analysts are highlighting Nvidia and SoundHound AI as top stocks for...
Nearly 40% of Nvidia’s Record Sales Tied to Two Buyers
Nvidia has revealed that almost 40% of its second-quarter revenue came from just two customers, raising questions about its growing reliance on a...
CFTC Opens U.S. Market to Offshore Crypto Exchanges Under New Rules
The U.S. Commodity Futures Trading Commission (CFTC) has announced new guidelines allowing offshore cryptocurrency exchanges to legally serve American traders, marking a significant...
Nvidia Beats Q2 Expectations with $46.7B Revenue but Faces China Headwinds
Nvidia reported stronger-than-expected earnings for the second quarter of fiscal 2026, driven by demand for its AI chips. The chipmaker posted earnings per...
Nvidia Earnings Could Trigger $260 Billion Market Swing
Nvidia could see a $260 billion change in market value following its second-quarter earnings this week, according to U.S. options market data. Options...
What Are Stablecoins and Why the US Is Paying Attention
Stablecoins are digital currencies designed to maintain a stable value by being backed by assets such as cash, US Treasury bills, or other...
Orsted Shares Plunge After Trump Halts Rhode Island Offshore Wind Project
Shares of Danish wind energy company Orsted A/S fell as much as 19% to record lows after the Trump administration ordered construction paused...
U.S. Furniture Stocks Fall After President Signals Major Tariff Review
U.S. furniture stocks fell sharply in premarket trading after President Donald Trump announced a “major” tariff investigation into the furniture industry. The president...
China Stocks Surge Despite Economic Weakness, Bubble Concerns Grow
China’s stock market is rising sharply, even as the country faces tariffs, a property crisis, and weak economic indicators. The Shanghai Composite Index...
Markets Fall Ahead of Nvidia Earnings and Fed Uncertainty
U.S. stock futures edged lower on Monday as investor optimism about a possible Federal Reserve rate cut cooled. The S&P 500 futures slipped...
U.S. Debt Rises by $3.3 Trillion as New Spending Bill Passes
The United States is set to see a sharp increase in its national debt after lawmakers approved a new spending bill that could...
Average Seattle Household Needs $91K to Afford Rent
Renting in Seattle has become significantly more expensive, with households now needing nearly $91,000 annually to afford typical monthly rent, according to Zillow...
Stocks, Crypto, and Gold Surge After Fed Chair’s Dovish Pivot
Federal Reserve Chair Jerome Powell signaled a softer stance on monetary policy Friday, sparking a sharp rally across global markets and a steep...
Jay-Z Tops Forbes List as World’s Richest Musician with $2.5 Billion Fortune
Hip-hop icon Jay-Z, born Shawn Corey Carter, has been named the world’s richest musician, with a net worth of $2.5 billion, according to...
Oil Prices Drop Near 11-Week Lows After Surprising U.S. Crude Build
Oil prices fell to near 11-week lows on Wednesday following reports of higher U.S. crude inventories and rising global supply. The International Energy...
Quant Funds Sink as S&P 500 and Nasdaq 100 Soar to New Highs
U.S. stock markets set new records in July, with the S&P 500 closing at 6,445 and the Nasdaq 100 at 23,839. The rally...
Trump’s Tariffs Bring in Over $100 Billion in 2025, But Raise Costs for Families
In 2025, President Donald Trump’s tariffs on imported goods generated a record revenue of more than $100 billion for the U.S. government. This...
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