Finance and Investment
There is no clear frontrunner among the two declared candidates, Rep. Steve Scalise of Louisiana and Rep. Jim Jordan of Ohio, as Republican lawmakers meet behind closed doors to choose their candidate for Speaker of the House. According to a Punchbowl News report, Jordan wouldn’t pledge his support for Scalise if he were to win … Read more
Today, Yahoo Finance got to see the new 2025 Cadillac Escalade IQ up close. Pros Subramanian from Yahoo Finance chatted with Mark Royce, the boss at General Motors (GM), to find out more about this fancy new car. The car’s price is $130,000, which is more than the regular gas version that costs around $80,000. … Read more
USA: Good news for folks looking to buy cars: prices are going down! In a recent report, we learned that both new and used car prices are falling. Frosty Romanian from Yahoo Finance breaks it down for us. In the world of new cars, prices went up just a tiny bit this month, about one-tenth … Read more
WeWork, a former star in flexible office space, is facing a serious crisis that could impact New York City’s already struggling commercial real estate market. With nearly 7 million square feet of space in Manhattan, WeWork’s troubles could worsen the challenges faced by the office market. Lee Overby, Barclays’ Managing Director and Head of CMBS … Read more
Well, well, well! Talk about a twist! The latest jobs report had us all holding our breath, but it came in a tad cooler than we expected, with 187,000 jobs added on the top line. That’s the second month in a row with slowing job growth. But hey, don’t you worry, folks! The job market’s … Read more
Whoa! Apple‘s latest earnings report has got investors feeling all kinds of ways! It’s like a rollercoaster ride of emotions up in here. iPhone sales might have missed the bullseye, and revenue took a little dip of 1.4% from last year. But hey, don’t lose hope just yet, ’cause Apple Services are shining like a … Read more
Whoa, the Women’s World Cup has been on fire, smashing records and igniting a burning desire for fair pay in women’s soccer! Even with games airing late at night, fans from all corners of the world are giving wild support to this epic tournament. Talk about a jaw-dropping moment! The US Women’s National Soccer Team’s … Read more
A consortium of diverse enterprises is garnering backing from an Italian central bank-supported research hub to forge an innovative ecosystem, facilitating traditional financial institutions to venture deeper into the realm of DeFi. Cetif Advisory, an adept research consultancy championing digitization solutions for banks, insurance companies, and other TradFi entities, has proudly announced the receipt of … Read more
In the realm of cryptographic ventures, Worldcoin, the brainchild of OpenAI’s astute Chief Executive Officer, Sam Altman, soared triumphantly on its inaugural trading day, enticing investors into the realm of artificial intelligence’s mesmerizing allure. Worldcoin’s meteoric ascent saw it surging to a pinnacle of $3.58 from its modest inception at $1.70, only to gracefully descend … Read more
In an astounding display of financial prowess, Bank of America (BAC) emerged with soaring profits and revenue during the second quarter, fueled primarily by an impressive performance from its esteemed Wall Street division. Behold, the net income surged by a staggering 19%, surpassing the year-earlier period, culminating in a remarkable $7.4 billion. Concurrently, the revenue … Read more