Starlink Becomes SpaceX’s Profit Engine
The Growth Story Behind The IPO SpaceX is best known for reusable rockets and its high-profile push into artificial intelligence through its merger with xAI. But as Elon Musk’s company prepares investors
Walmart Outlook Raises Consumer Concerns
A Cautious Forecast Hits Shares Walmart shares fell about 8% on Thursday
Nvidia Beats Estimates But Stock Falls
Strong Results Fail To Lift Shares Nvidia reported fiscal first-quarter results after
SpaceX Reveals IPO Plans
A Rare Look Inside Musk’s Space Empire SpaceX unveiled its long-awaited plans
SEC Proposes Major IPO Rule Overhaul
A Push To Bring More Companies Public The Securities and Exchange Commission
Markets
AI Stocks Stall Wall Street’s Record Run
Technology Pullback Hits Major Indexes A sudden retreat in technology shares interrupted Wall Street’s record-setting momentum on Tuesday. The S&P 500 slipped 0.2% from the all-time high reached the previous day, while
US Stocks Ease After Record Highs
Markets Pull Back From Early Peaks US stocks edged lower on Thursday after the S&P 500 and Nasdaq touched fresh record highs earlier in the session. The early rally was supported by
Ceasefire sparks broad rally across Wall Street
Wall Street staged a powerful rebound as investors responded to the U.S.-Iran ceasefire with a sharp shift back into risk assets. The rally was broad, but the biggest winners were the sectors
Bond Markets Reel as War Fuels Inflation Fears
Global government bond markets are heading toward their steepest monthly decline in years as investors reassess the economic fallout from the war involving Iran, the United States, and Israel. The conflict, now
Wall Street Sinks as Inflation Fears Reignite
Fed caution and hot producer prices hit investor sentiment US stocks retreated sharply on Wednesday as a fresh inflation signal from the wholesale economy and a cautious message from the Federal Reserve
Trump Accounts May Accept Stock Gifts
A Potential Expansion Of The Program The Trump administration is weighing whether to allow stock donations to Trump Accounts for American children, a move that would expand the program beyond its current
Trump files $5bn lawsuit against JPMorgan and Dimon
Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its
Natural gas prices jump as Arctic cold grips the U.S.
Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense
UK court backs regulator on cross-border card fee caps
Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s
U.S. Holiday Retail Sales Rise as Shoppers Seek Deals
Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting
AI Orchestration Lifts Chip Stocks
A New Phase Of The AI Trade Chipmaker stocks have surged over the past month as investors reassess which companies may benefit from the next stage of artificial intelligence infrastructure. Micron has
Versant Rises After First Standalone Results
A First Report After The Comcast Split Versant Media Group reported its latest quarterly results on Thursday, marking its first earnings update as a stand-alone company after separating from Comcast’s NBCUniversal and
Intel Rallies On Reported Apple Chip Deal
A Potential Boost For Intel Foundry Intel shares surged after a report said the company has reached a preliminary deal to manufacture some chips for Apple devices. The agreement, if finalized, would
McDonald’s Beats As Value Demand Rises
Results Top Wall Street Forecasts McDonald’s reported stronger than expected first quarter earnings as consumers continued to seek value in a more difficult economic environment. The fast food giant posted adjusted earnings
Alphabet Rises On Cloud And AI Strength
Results Beat Wall Street Expectations Alphabet shares rose more than 3% after the Google parent reported first quarter results that beat analyst expectations on both revenue and earnings. The performance was supported
Business
Schlitz Beer Retired After 177 Years
A Milwaukee Icon Reaches Its End Schlitz beer, one of Milwaukee’s most historic brands and once the largest brewer in America, is being retired
Meta Layoffs Deepen AI Workforce Anxiety
A Different Tone From Zuckerberg Meta is preparing another major round of
Allegiant Closes Sun Country Deal
A New Low-Cost Airline Group Takes Shape Allegiant Travel Co. has completed
GM Cuts IT Jobs As AI Reshapes Workforce
Layoffs Hit Technology Teams General Motors laid off about 500 to 600
Disney Rises As New CEO Outlines Strategy
D’Amaro Sets A Clear Direction Walt Disney shares rose nearly 8% in
Spirit Shutdown Empties LaGuardia Terminal
A Sudden Collapse Hits Terminal A The abrupt shutdown of Spirit Airlines
Sony Settlement Opens For PlayStation Users
A $7.85 Million Deal Moves Forward Some PlayStation customers in the United
Meta Launches Instants For Photo Sharing
A New Push Into Ephemeral Sharing Meta has launched Instants, a new iPhone app and Instagram feature built around spontaneous photo sharing. The product is designed for casual, unfiltered images that disappear
AI Hacking Becomes Industrial Threat
Google Warns Of A Rapid Escalation AI-powered hacking has moved from an
GTA 6 Pricing Boosts Take-Two Outlook
BofA Sees An $80 Price Point Bank of America returned from the
China Blocks Meta’s AI Deal
Beijing Tightens Control Over Tech Capital China has blocked Meta’s planned 2
AI Layoffs Are No Longer A Future Threat
The latest wave of cuts at major technology companies is reinforcing a
California Gas Hits $5.20 as Iran War Bites
Prices Jump Faster in the Golden State Gasoline prices in California have climbed sharply since the conflict involving Iran intensified, widening the gap between the state and the national average, according to
Black Friday spending hits records but raises questions
Record sales mask mixed fundamentals Fresh data from Thanksgiving weekend shows American consumers spent at record levels, but analysts say the increase was driven more by inflation than excitement. Adobe Analytics reported
Do You Need a Robo-Advisor or a Human Advisor?
Robo-advisors: Efficient, affordable, and beginner-friendly Robo-advisors are automated digital platforms that build and manage investment portfolios based on your preferences and risk tolerance. According to Investor.gov, they offer a low-cost solution for
The 4% Rule: Still Relevant for Retirees?
How a Simple Formula Was Born In the early 1990s, financial planner William Bengen developed what is now known as the 4% withdrawal rule. He published his research in 1994, offering a
Why 401(k) savers are struggling in 2025
Inflation disrupts retirement planning More than half of American workers say inflation is the main reason they are struggling to build a retirement fund. According to Schwab’s 2025 survey, 57 percent of
Iran’s Economy Strains Under War Pressure
Hormuz Leverage Comes At A Domestic Cost Iran’s control over the Strait of Hormuz has disrupted global energy supplies and intensified pressure on the world economy, but the war is also testing
US Hiring Surge Eases Labor Market Fears
Headline Data Points To Resilience The US labor market has sent mixed signals in 2026, with strong headline numbers offset
US Job Market Shows Signs Of Thawing
Hiring Picks Up After A Long Freeze New federal labor market data suggests the US job market may be starting
Trump Threatens 25% Tariffs On EU Cars
A New Trade Warning To Europe President Donald Trump said he plans to raise tariffs on cars and trucks imported
US GDP Rebounds As Energy Risks Build
Growth Accelerates In Early 2026 US gross domestic product grew at an annual rate of 2% in the first quarter
