Reported 31 minutes ago
Source: YAHOO
Reported about 10 hours ago
Meta and Oakley have launched new smart glasses featuring 3K video recording, music playback, and call handling, starting at $399. Additionally, Wix acquired startup Base44 for $80 million, Finland introduced the world's largest sand battery, and VanMoof announced its first e-bike since bankruptcy. Meanwhile, SpaceX faced another setback with a Starship test explosion, and Spotify hinted at its long-awaited lossless audio tier's development.
Source: YAHOO
Reported about 13 hours ago
Beewise is revolutionizing beekeeping with its robotic hives, or BeeHomes, which utilize AI and advanced technology to monitor the health of bee colonies in real-time. With traditional wooden hives facing challenges from disease, climate change, and shrinking bee populations, Beewise's approach significantly reduces colony losses, achieving only 8% mortality compared to an industry average of over 40%. As the agriculture sector relies heavily on pollinators for producing crops, the company is striving to triple its BeeHome units from 300,000 to one million within three years, aiming to safeguard bee populations and agricultural productivity.
Source: YAHOO
Reported about 13 hours ago
Igor Sechin, CEO of Russia's Rosneft, praised OPEC+ for its decision to boost oil output in light of the ongoing Middle East conflict, noting that the move was wise and beneficial for consumers. Sechin highlighted the need for OPEC+ to consider further increases in production, as eight member countries have already exceeded expectations for the past three months. Additionally, he outlined Rosneft's cautious business strategy for 2025, aiming for oil prices of $45 per barrel amid market volatility.
Source: YAHOO
Reported about 13 hours ago
There's just 2 days remaining to secure your TechCrunch All Stage pass at a discounted price, saving you up to $210. The event, taking place on July 15 in Boston, is designed for founders, investors, and startup operators, featuring practical sessions and networking opportunities. Don't miss out on the chance to engage with industry leaders and save before prices increase after June 22 at 11:59 p.m. PT.
Source: YAHOO
Reported about 15 hours ago
Prime Minister Keir Starmer is facing significant dissent within the Labour Party ahead of a crucial vote on proposed £5 billion cuts to disability benefits, set to be discussed in the House of Commons on July 1. A growing number of MPs, concerned about the impact on vulnerable individuals, have indicated their opposition, potentially challenging Starmer's leadership and raising questions about his government’s direction. As tensions escalate, the government is standing firm on the proposed reforms despite calls for more compassionate alternatives.
Source: YAHOO
Reported about 15 hours ago
As uncertainties loom over the U.S. economy and stock market, investors struggle to predict future trends, particularly following the Federal Reserve's guidance on interest rates amid global tensions. Despite the S&P 500 nearing record highs, it remains stagnant due to fluctuating market sentiments influenced by geopolitical news. Fed Chair Jerome Powell emphasized the ongoing uncertainty during a recent press conference, leading to hesitancy among investors as they navigate potential rate cuts and economic indicators with diverging trends.
Source: YAHOO
Reported about 16 hours ago
A recent survey reveals that over two-thirds of American workers are satisfied with their jobs, marking the highest level of satisfaction since the survey began in 1987. Contributing factors include low unemployment, wage increases matching inflation, and a rise in hybrid jobs that better align with workers' interests. However, younger workers under 25 reported lower satisfaction levels compared to older counterparts.
Source: YAHOO
Reported about 17 hours ago
FedEx is set to release its fiscal fourth-quarter earnings on June 24, 2025, with analysts generally optimistic about the stock. Out of 14 analysts, 12 recommend a 'buy' rating, though revenue is expected to see a slight decline of over 1% to $21.82 billion. Despite a forecasted 8% increase in adjusted earnings per share to $5.88, concerns about tariffs impacting demand and future performance for fiscal 2026 are prevalent among analysts from UBS and Morgan Stanley, leading to mixed expectations.
Source: YAHOO
Reported about 18 hours ago
Central bankers from the US, UK, and Japan chose to keep interest rates steady this week, as concerns over tariffs, economic activity, and geopolitical tensions remain prevalent. Despite varying perspectives among policymakers, the Federal Reserve anticipates potential rate cuts later in the year, while the Bank of Japan adjusted its bond purchase strategy to ensure stability. Other nations, including Sweden and Brazil, also made notable rate decisions, reflecting the broader impacts of the shifting global economy.
Source: YAHOO
Reported about 18 hours ago
Nintendo's new Switch 2 console, priced at $450, launched to impressive early sales of 3.5 million units within its first few days. Reviewers praised its improved display, performance, and redesigned controllers, highlighting the enhanced feel and graphics compared to the original. While most reviews are positive, some critics express disappointment over a perceived lack of innovation and consider it to be a catch-up effort rather than a groundbreaking advancement in gaming.
Source: YAHOO
Reported about 22 hours ago
Investors are on alert as tensions rise between Israel and Iran, with potential U.S. military involvement threatening to disrupt oil supplies and spike prices. Analysts warn that scenarios ranging from de-escalation to a complete shutdown of Iranian oil production could severely impact global markets, pushing oil prices higher and potentially curbing consumer spending and interest rate cuts in the U.S. While U.S. stocks have remained stable so far, historical data suggests they may experience short-term declines followed by recoveries in the months ahead.
Source: YAHOO
Reported 1 day ago
Marathon Petroleum is currently assessing the damage from a fire that occurred on June 14 at its Galveston Bay Refinery in Texas City. The incident has led to the shutdown of the residual hydrotreating unit and reduced production at the gasoline-producing facilities. While the fire did not result in any injuries, the duration of the unit's closure remains uncertain.
Source: YAHOO
Reported 1 day ago
Keith O'Brien, a confessed spy for Rippling, has reported being followed by unidentified men, sparking fears for his and his family's safety. An Irish judge granted him a restraining order after O'Brien testified about his distressing experiences, which he believes are connected to his role as a star witness in Rippling's lawsuit against its rival, Deel. O'Brien's allegations have raised concerns about harassment and emotional distress affecting his family.
Source: YAHOO
Reported 1 day ago
President Donald Trump has expressed uncertainty about firing Federal Reserve Chair Jerome Powell, whom he has criticized for not lowering interest rates. In a recent social media post, Trump suggested he might reconsider his stance on Powell, though he acknowledged that his criticisms complicate Powell's role. Despite frequent threats to dismiss Powell, Trump has previously stated he would not fire him. The Fed has maintained interest rates amid concerns about economic growth and inflation, while discussions on potential successors for Powell continue as his term nears its end in May 2026.
Source: YAHOO
Reported 1 day ago
President Donald Trump reiterated his demand for the Federal Reserve to lower interest rates, labeling Fed Chair Jerome Powell a 'numbskull'. Despite acknowledging that his harsh criticisms may hinder Powell's actions, Trump continues to push for immediate rate cuts. Federal Reserve Governor Christopher Waller commented that interest rates should potentially be reduced soon, especially with signs of a weakening job market. Tensions between Trump and Powell remain high, as the president considers potential successors for Powell, whose term ends next year.
Source: YAHOO
Reported 1 day ago
Next week, starting June 23, investors will focus on earnings reports from major companies like Nike, FedEx, and Carnival. Federal Reserve Chair Jerome Powell will testify before Congress, with additional commentary from other Fed officials. Consumer confidence data for June will be released, potentially indicating a slight increase in optimism, while Personal Consumption Expenditures (PCE) data for May, a key inflation measure, will come out on Friday.
Source: YAHOO
Reported 1 day ago
Wall Street is closely monitoring the Iran-Israel conflict and its effect on oil prices, with strategists providing insights on the market implications. Recent reports indicate oil prices have risen over 10% since the tensions escalated, and financial analysts are keenly observing to understand the broader impact on investment strategies.
Source: YAHOO
Reported 1 day ago
Jim Carroll, a senior wealth advisor at Ballast Rock Private Wealth, emphasizes that incorporating international exposure is crucial for a well-diversified portfolio, especially as international markets like Europe, Asia, and Latin America are showing strong performance. Despite historical tendencies for US investors to focus on domestic markets, there's a growing opportunity abroad that investors should not ignore. Carroll highlights sectors such as gold and mining that are proving lucrative, suggesting that now is a good time to consider diversifying beyond US markets.
Source: YAHOO
Reported 1 day ago
黄金今年上涨近30%，因投资者涌向避险资产，而美元走弱。Yahoo Finance市场和数据编辑Jared Blikre分析了历史突破模式可能暗示的黄金价格走势，指出当前可能是黄金市场的初期阶段，未来价格有可能继续上升。
Source: YAHOO
Reported 1 day ago
In light of upcoming critical policy changes, investors should closely monitor three significant events: tariff negotiations, developments regarding Iran, and a major tax bill that stands as the most expensive in U.S. history. Analyst Ed Mills emphasizes the importance of these issues, particularly the tariff situation, as deadlines approach and negotiations evolve, potentially impacting global economic conditions.
Source: YAHOO
Reported 1 day ago
Source: INVESTORS
Reported 1 day ago
Oil prices have fallen as investors await President Trump's decision regarding potential U.S. intervention in Iran. As both WTI and Brent crude saw slight decreases, concerns arose from Trump's announcement to delay a decision for two weeks. Despite this, oil is still on track for a third consecutive week of gains, influenced by ongoing tension in the region and potential discussions on Iran's nuclear program.
Source: YAHOO
Reported 1 day ago
Source: INVESTORS
Reported 1 day ago
Source: INVESTORS