Latest Financial Market News
There’s a ‘growing risk’ Fed will have to cut interest rates by 50 basis points in December to ‘catch up’ to a sagging labor market, Oxford Economics says
Interest rate cuts will be a crystal ball. Amid a cloudy outlook, they’ll…
Sports and entertainment mogul accused of making secret backroom deal in $338 million arena project
According to the Department of Justice, Leiweke allegedly told colleagues back in…
She’s the first woman to found and lead a car company—and her ultra-luxury $650,000 EVs are turning heads
– In the driver’s seat. In the 117-year history of the mass-produced…
Trump slaps Brazil with 50% tariff, explicitly tying action to trial of ally Jair Bolsonaro
Trump avoided his standard form letter with Brazil, specifically tying his tariffs…
Apple’s AI efforts ‘have struck midnight’ and the only way it can stop getting further behind is acquiring Perplexity, analyst Dan Ives says
Apple is falling behind in the AI race, and the only way…
NYC business and real estate elite mingle in the Hamptons to boost Mayor Eric Adams’s reelection campaign
“This is about keeping New York vibrant, keeping it free from socialism,…
CoreWeave’s $9 billion acquisition of Core Scientific provides an AI road map for struggling Bitcoin miners
In March, the AI data center company CoreWeave went public, and its…
Nvidia makes history with $4 trillion market cap while markets brush off tariff worries
Stocks rose on Wednesday after two days of declines. Those downturns proved…
NYC business and real estate elite mingle in the Hamptons to boost Mayor Eric Adams’ re-election campaign
“This is about keeping New York vibrant, keeping it free from socialism…
