Finance & Business
Get daily finance news, business updates, market trends, and global economic reports in real time.
US Faces 60% Chance of Recession in Next 12 Months, Economist Warns
The U.S. economy may be heading toward a downturn. Peter Berezin, chief global strategist at BCA Research, says there is a 60% chance...
Patreon Sees $2 Billion Annual Payouts and 25 Million Paid Members
Creators on Patreon have earned more than $10 billion from fans since the company started in 2013, CEO Jack Conte told Axios. Today,...
Spotify Stock Jumps 5% After Raising Premium Prices Worldwide
Spotify Technology (SPOT) saw its stock price rise by 5% on Monday after announcing plans to increase the price of its premium subscription...
Tesla Grants Elon Musk $29 Billion Compensation Package Amid AI Talent Competition
Tesla’s board of directors has approved a new compensation package for CEO Elon Musk worth about $29 billion in company shares. The company...
AI Threatens Jobs in India’s Biggest Private Sector
India’s IT industry is cutting jobs as it faces growing pressure from global market changes and the rise of artificial intelligence (AI). Tata...
Music Industry Sees Mixed Results in Q2 2025 as Growth Meets Investor Caution
The second quarter of 2025 brought mixed earnings for the global music industry. While some companies saw solid growth, investor confidence remained shaky...
Bing Grows in the Search War as Google’s Share Slips
Microsoft’s Bing search engine has made noticeable gains against Google over the past two years, following the launch of its AI-powered Bing Chat....
Alphabet and Nvidia Eye $30 Billion Investment in AI Startup Vast Data
Alphabet’s growth-stage investment arm, CapitalG, and Nvidia are discussing a major funding round for AI infrastructure startup Vast Data. The deal could value...
Sam Altman, Zuckerberg, Bezos Invest in Survival Bunkers
Silicon Valley’s tech leaders, known for innovation and cutting-edge technology, are quietly building luxury bunkers. CEOs like Sam Altman of OpenAI, and billionaires...
Alibaba’s Stock Falls Over 60%, But Growth Could Return
Alibaba Group, China’s largest e-commerce and cloud company, has seen its stock price drop by more than 60% from its all-time high. Once...
Gen Z Struggles with $37,172 Student Debt and Skyrocketing Rent
Generation Z is facing growing financial pressure as they deal with high student loan debt and expensive living costs. On average, members of...
Jaguar Land Rover CEO Steps Down After Controversial ‘Woke’ Rebrand and Sales Decline
Jaguar Land Rover (JLR) CEO Adrian Mardell will retire after three years in the role and 35 years at the company, JLR announced...
Spotify Shares Drop 11.5% as $16 Billion Wiped Off Market Value
Spotify’s stock price fell sharply on Tuesday, dropping 11.5% and wiping out over $16 billion in market value, after the company reported lower-than-expected...
Mark Cuban: The First Trillionaire Could Be “Just One Dude In The Basement” Using AI
Billionaire entrepreneur Mark Cuban has suggested that the world’s first trillionaire could be a single individual using artificial intelligence (AI) in a groundbreaking...
U.S. Tariff Revenue Hits $150 Billion, On Track for $300 Billion in 2025
U.S. customs duties have reached a record $150 billion in the first half of fiscal year 2025, driven by President Donald Trump’s aggressive...
UMG Board Loses Major Shareholder as Cyrille Bolloré Steps Down
Cyrille Bolloré, a major shareholder and board member of Universal Music Group (UMG), has stepped down from UMG’s board of directors, effective immediately....
Stocks Show Little Change After U.S.-EU Trade Deal, Eyes on Tech Earnings
On Monday, U.S. stocks showed little change after the announcement of a new trade deal between the United States and the European Union....
U.S.-EU Trade Deal: Europe Says It’s a Win for America, Not for Them
A new trade agreement between the United States and the European Union (EU) has sparked criticism in Europe. The deal, announced on Sunday,...
Nike Jumps 4% After JPMorgan Upgrade; Tesla, ASML, Kratos Also Rise
Several U.S. stocks saw major moves in premarket trading on Monday, July 28, after a major trade deal between the U.S. and the...
Quantum Solutions Joins Distressed Companies Chasing Bitcoin Hope
Japanese AI company Quantum Solutions has announced plans to purchase up to 3,000 Bitcoin over the next year in a bold move to...
Tesla Shares Drop Over 8% as Musk Warns of “Rough Quarters” Ahead
Tesla’s stock tumbled more than 8% on Thursday after CEO Elon Musk warned of “rough quarters” ahead during the company’s Q2 2025 earnings...
Why More YouTubers Are Selling Out — And What It Means for the Future of Content
A growing number of popular YouTube channels are now partially or fully owned by private equity firms, raising concerns about the future of...
Universal Music, Home to Taylor Swift and Drake, Files for US Listing
Universal Music Group (UMG), the world’s largest music label, has confidentially filed for a US stock market listing. The announcement was made on...
Republicans Slam Biden’s $10 Billion USPS EV Plan as a “Boondoggle”
A major Biden administration project to electrify the U.S. Postal Service (USPS) delivery fleet is facing heavy criticism after producing just 250 electric...
Markets Face Summer Uncertainty as Trump’s Trade and Fed Moves Raise Risks
Financial markets are facing rising uncertainty this summer due to new trade tariffs and possible changes at the Federal Reserve, raising fears about...
Are We in Another Stock Market Bubble? Analyst Lists the Warning Signs
A leading strategist at Bank of America has warned that the U.S. stock market may be heading toward another financial bubble, pointing to...
ByteDance Surpasses Meta in Revenue as TikTok Parent Becomes World’s Largest Social Media Company
ByteDance, the Chinese parent company of TikTok, has quietly become the world’s largest social media company by revenue, surpassing Meta for the first...
Crypto Stocks Slide as House Blocks Bills, Then Recover After Trump Steps In
President Donald Trump says a group of House Republicans who blocked key cryptocurrency bills earlier on Tuesday have now agreed to support the...
Nvidia Stock Jumps 4% as Three-Month Rally Reaches 50%
Nvidia shares jumped 4% on Tuesday, trading at $170.08 per share as the chipmaker extended its recent strong performance. The technology company’s stock...
US Inflation Rises to 2.7% in June as Trump’s Trade War Intensifies
American inflation accelerated in June as President Trump’s trade war began to have a more significant impact on the economy, according to government...
Follow on Google News
