Reported 21 minutes ago
Source: YAHOO
Reported 43 minutes ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 2 hours ago
Recent minutes from the Federal Reserve indicate that officials are open to cutting interest rates at their upcoming meetings, but rising inflation poses a significant challenge. Despite a recent rate cut, concerns about high inflation and a sluggish job market complicate policymakers' decisions, as they aim to balance growth and price stability. With inflation surpassing the Fed's 2% goal and job growth slowing, uncertainty remains regarding future rate cuts.
Source: YAHOO
Reported about 2 hours ago
Google is advocating for the right to bundle its AI service, Gemini, with its established apps such as Maps and YouTube, amidst pushback from the Justice Department which argues this could lead to monopolistic practices. A federal judge is currently evaluating Google’s market practices after concluding that Google possesses monopoly power in search and advertising but has yet to decide on the proposed bundling of apps. Google lawyers argue that these bundles are common in the industry and emphasize that the AI market is still evolving.
Source: YAHOO
Reported about 3 hours ago
President Trump announced a $10 billion bailout for U.S. farmers, but its rollout is hindered by an ongoing government shutdown. With half of the USDA staff on furlough, the agency lacks the manpower to proceed with the bailout plans, leaving farmers uncertain and in need of assistance. Additionally, farmers, particularly those growing soybeans, face significant economic challenges as prices drop due to decreased demand linked to tariffs and a bumper crop.
Source: YAHOO
Reported about 3 hours ago
On October 8, 2025, major US stock indexes showed notable performances as the S&P 500 rose 0.6% to reach a new all-time high, while the Dow Jones slipped slightly by 1 point. The Nasdaq composite achieved a 1.1% increase, setting its own record. The artificial intelligence sector continued to boost the market, and gold prices surged past $4,000 per ounce.
Source: YAHOO
Reported about 3 hours ago
On October 8, 2025, the S&P 500 rose by 0.6%, reaching new closing highs fueled by optimism around artificial intelligence, particularly driven by Advanced Micro Devices' nearly 12% surge following a partnership with OpenAI. Other tech stocks like Dell and Nvidia also saw gains, while credit score provider Equifax announced reduced prices for its services, impacting its competitor Fair Isaac negatively. This rally highlights the ongoing impact of AI advancements on the stock market.
Source: YAHOO
Reported about 3 hours ago
Source: YAHOO
Reported about 3 hours ago
Source: YAHOO
Reported about 3 hours ago
South Asian women have been major beneficiaries of the recent surge in gold prices, viewing the precious metal not only as a traditional inheritance but also as a stable investment. Cultural practices across the region see gold passed down as family heirlooms, often marking important life events. With gold prices reaching record highs, South Asian families, particularly women, are increasingly leaning towards gold for financial security amidst market volatility, allowing them to preserve and pass on wealth through generations.
Source: YAHOO
Reported about 3 hours ago
Stoke Space, a reusable rocket startup, announced it has raised $510 million in a funding round led by Thomas Tull's US Innovative Technology Fund to accelerate the development of its Nova rocket. This round also saw support from investors like Washington Harbour Partners and existing backers including 776 and Toyota Ventures. Stoke's advancements are positioned to enhance U.S. space launch capabilities, especially in defense, following a National Security Space Launch contract awarded by the U.S. Space Force.
Source: YAHOO
Reported about 3 hours ago
Rising tariffs on imports from China and India, such as a proposed 25% duty on heavy-duty trucks, are exacerbating cost pressures in the US supply chain, leaving shippers and manufacturers facing a landscape of stagnant freight growth and heightened uncertainty. Experts emphasize the need for data-driven decision-making and highlight a potential shift towards nearshoring as companies brace for a new normal in manufacturing amidst ongoing geopolitical risks.
Source: YAHOO
Reported about 3 hours ago
Financial institutions are raising concerns about a possible investment bubble in artificial intelligence, citing rapid growth in tech stock prices and the increasing dominance of AI companies in the market. Both the Bank of England and the International Monetary Fund have issued warnings that the high valuations of these companies may be unsustainable and could lead to a significant market correction. Despite this, tech leaders remain optimistic about the long-term benefits of AI technology.
Source: YAHOO
Reported about 3 hours ago
The recent revival of interest in meme stocks has led Roundhill Investments to reintroduce a meme ETF, exclusively encompassing meme stocks. This initiative comes two years after the previous fund was closed due to declining interest. Investors are increasingly looking towards meme stocks amid a soaring S&P 500, aiming to find potentially undervalued stocks. The ETF, trading under the 'MEME' symbol, includes major players like Opendoor Technologies and Plug Power, and aims to capitalize on the unique market sentiment surrounding these stocks, which often experience rapid and volatile price movements.
Source: YAHOO
Reported about 3 hours ago
Moody's Ratings reports that President Trump's trade wars could result in a $30 billion loss in profits for global automakers. As tariffs affect operating margins, automakers may have to raise prices or localize production to mitigate losses. Companies like Ford and Toyota face significant tariff impacts due to their production locations, revealing varying degrees of vulnerability among automakers.
Source: YAHOO
Reported about 3 hours ago
According to a recent report, U.S. imports are expected to stay well below average for the rest of 2025, with monthly volumes through major ports dropping below 2 million TEUs. Factors such as retailer preemptive import strategies and ongoing tariffs contribute to this decline. Forecasts suggest a downturn in consumer spending and significant monthly decreases in container volume, signaling a challenging economic landscape ahead.
Source: YAHOO
Reported about 3 hours ago
Elon Musk has agreed to settle a $128 million lawsuit with four former Twitter executives he dismissed shortly after acquiring the company in 2022. The lawsuit stemmed from their claims of not receiving severance payments, allegedly linked to their attempts to hold Musk accountable for his $44 billion purchase commitment. Although a settlement has been confirmed, details about the agreement are still unclear. This is part of a broader trend, as Musk recently resolved a class action lawsuit from 6,000 laid-off Twitter employees regarding severance issues.
Source: YAHOO
Reported about 4 hours ago
The latest FOMC minutes indicate a split within the Federal Reserve regarding future interest rate cuts, with many agreeing on further reductions in 2025. While the Fed cut rates by a quarter point during its September meeting due to rising employment risks, concerns about inflation still loom, with some officials advocating for stable rates. The discussions highlight a tense balance between supporting job growth and controlling inflation as members predict two additional cuts this year.
Source: YAHOO
Reported about 5 hours ago
Minutes from the recent Federal Reserve meeting reveal that a majority of officials support further interest rate cuts this year, largely due to increased concerns over rising unemployment. The Fed cut its key rate by a quarter-point, but divisions remain among policymakers regarding the balance between encouraging economic growth and addressing persistent inflation. While some officials advocate for more aggressive cuts, others caution that inflation remains above the Fed's target, urging a more cautious approach.
Source: YAHOO
Reported about 5 hours ago
Jensen Huang, CEO of Nvidia, announced that AI demand has significantly increased over the past six months and believes the sector is still in its early phases. While expressing regret for not investing more in key AI players like OpenAI, he noted that Nvidia's stock has surged 40% in 2025, positioning the company as a leader in the AI boom. Huang highlighted strong market connections with partners like AMD and emphasized the ongoing need for more computational resources.
Source: YAHOO
Reported about 5 hours ago
The Diesel Decoder is a vital tool for truck drivers and owner-operators, allowing them to quickly diagnose issues without needing a mechanic. This plug-and-play device connects to the truck's diagnostic port and provides real-time fault codes, repair recommendations, and even enables forced regeneration, potentially saving drivers from costly tows and downtime. By simplifying the maintenance process, the Diesel Decoder helps ensure that trucks stay operational and profitable.
Source: YAHOO