Reported 1 day ago
A Japanese auto parts manufacturer, GomunoInaki Co., is diversifying its product line by launching menstrual cups in response to shifting demands in the auto industry. With plans to start overseas sales of their Feminak cups in Singapore and Vietnam, the company aims to capitalize on the growing acceptance of sustainable menstrual products. Although menstrual cups currently represent a small portion of GomunoInaki's revenue, sales have surged by 70% year-over-year, prompting the firm's pivot toward innovative consumer goods while remaining anchored in its automotive roots.
Source: YAHOO
Reported 1 day ago
StubHub Holdings Inc. is preparing for an initial public offering aiming to raise up to $851 million, spotlighting its strategy to shift from secondary ticket sales to direct sales for sports and live events. The company sees a $153 billion opportunity in direct ticket sales, but faces challenges including declining Ebitda margins and skepticism about long-term profitability. Despite these hurdles, StubHub's management believes they're just beginning to tap into this lucrative market.
Source: YAHOO
Reported 1 day ago
President Trump has reignited the debate on earnings reporting frequencies, advocating for a shift from quarterly to six-month reporting for public companies. His rationale is that this change would reduce costs and enhance managerial focus. While some on Wall Street see potential benefits, such as reduced pressure on companies, many analysts warn of increased volatility and accountability risks. The SEC could consider this shift, yet many doubt its likelihood given existing regulations established post the 1929 crash to promote market transparency.
Source: YAHOO
Reported 1 day ago
Sony Pictures' 'Demon Slayer: Kimetsu no Yaiba Infinity Castle' debuted at the top of the North American box office, setting a new record for anime films with $70.6 million in earnings. This surpasses the previous record of $31 million from 1999 and highlights the increasing global popularity of anime. The film is based on a widely successful comic series and is the first in a trilogy, further showcasing Sony’s strategic positioning in the anime market.
Source: YAHOO
Reported 1 day ago
U.S. Bancorp is expanding its services for small businesses by introducing new tools for payroll and bill payment, aiming to create stronger relationships with its clients in this sector. With over 1.4 million small business clients, the bank recognizes the desire for integrated financial solutions, allowing entrepreneurs to manage their businesses more efficiently. Following recent product launches, such as a spending management platform, U.S. Bancorp plans to unveil additional features, such as an accounts receivable function, to further support small business operations.
Source: YAHOO
Reported 1 day ago
Rodatherm Energy, a new geothermal startup, has launched with $38 million in funding to develop a pilot plant in Utah, featuring a unique closed-loop system using refrigerants instead of water for heat transfer. This design claims to be 50% more efficient than traditional methods, though it may involve higher drilling and installation costs. Competing with established firms like Fervo Energy, Rodatherm's approach raises questions about whether increased efficiency can offset these costs as it prepares to build a small pilot plant by 2026.
Source: YAHOO
Reported 1 day ago
Fiverr International is set to reduce its workforce by 30%, affecting around 250 employees, as part of a plan to focus on artificial intelligence to enhance automation and efficiency. This move aligns with a broader trend among tech firms prioritizing AI integration. The CEO, Micha Kaufman, emphasized the transformation towards an AI-first company with a leaner team, while reassuring that the layoffs will not significantly impact business operations in the short term.
Source: YAHOO
Reported 1 day ago
The US Labor Department's Bureau of Labor Statistics is hiring approximately 25 part-time assistant economists to aid in the Consumer Price Index (CPI) program. This move comes amidst scrutiny over significant revisions to payroll figures and challenges in economic data collection. The BLS has suffered funding cuts and staff reductions, leading to a reliance on statistical imputations for data estimation. Additionally, the Commerce Department's Census Bureau is also hiring field workers to support data collection efforts.
Source: YAHOO
Reported 1 day ago
In 2025, corporate breakups have emerged as a significant trend, driven by companies recognizing that past mergers did not yield the expected synergies. Expert Sebastian Tiller discusses how these breakups, which often involve splitting large, diversified firms into more agile entities, are increasingly influenced by shareholder activism. Additionally, potential rate cuts by the Fed could further stimulate merger and acquisition activity, making financing more accessible.
Source: YAHOO
Reported 1 day ago
The independence of the Federal Reserve is under scrutiny as President Trump aims to change key officials, raising concerns about its role in avoiding a recession. Moody's chief economist Mark Zandi emphasizes that Fed independence is crucial for economic stability and warns that any loss of this independence could lead to negative consequences, including a potential recession which the Fed is keen to avoid. As the nomination process for new Fed officials unfolds, the implications for economic policy become increasingly significant.
Source: YAHOO
Reported 1 day ago
Stephen Miran, nominated by President Trump to replace former Federal Reserve Governor Adriana Kugler, previously served as an economic adviser and is known for his role in crafting Trump's economic policies. He proposes reforms to enhance the Fed's independence, including limiting governors' terms and ensuring they don’t transition to executive roles immediately after serving. His confirmation raises concerns among Democrats regarding the Central Bank's autonomy, particularly amid rising inflation.
Source: YAHOO
Reported 1 day ago
Robinhood has filed an application with the U.S. Securities and Exchange Commission to create the 'Robinhood Ventures Fund I', aimed at allowing retail investors to invest in startups before they go public. The fund plans to include investments in sectors such as aerospace, AI, fintech, and more, although specific details regarding shares and management fees are still pending. This initiative seeks to address the current disparity where retail investors have limited access compared to accredited investors who can invest in startups.
Source: YAHOO
Reported 1 day ago
On September 15, 2025, Wall Street achieved new record highs with the S&P 500 rising 0.5% and the Nasdaq composite increasing by 0.9%, spurred by Tesla's 3.6% gain following Elon Musk's substantial stock purchase. The stock market anticipates a potential interest rate cut from the Federal Reserve later in the week, which could invigorate a slowing job market. However, there are concerns about inflation pressures and the risk of a recession impacting corporate profits.
Source: YAHOO
Reported 1 day ago
James Bullard, the ex-president of the St. Louis Federal Reserve, expressed interest in becoming the Fed chair during discussions with Treasury Secretary Scott Bessent, emphasizing the need for conditions favoring the dollar's reserve status, low inflation, and institutional independence. As the Trump administration seeks Powell's replacement ahead of his term's end, Bullard forecasts a likely interest rate cut amid inflation concerns and aims to balance job market stability.
Source: YAHOO
Reported 1 day ago
China has launched an anti-dumping investigation targeting US semiconductor companies including Texas Instruments and Nvidia, amid ongoing trade negotiations. Market reactions show Texas Instruments' shares fell about 3% due to the probe, while Core Weave's stock rose following a significant cloud computing deal with Nvidia. Citi has upgraded Union Pacific on positive merger insights, indicating strong operational execution could benefit Q3 earnings. Overall, these developments highlight the complexities and tensions in US-China trade relations.
Source: YAHOO
Reported 1 day ago
Global investment bank UBS has recently warned that there is a 93% likelihood of the U.S. entering a recession this year, based on various economic indicators. Despite this high probability, UBS characterizes the economy as 'soggy and soft' rather than collapsing. With job growth disappointing and unemployment rates climbing, experts suggest taking steps to prepare financially for potential economic downturns, such as maintaining liquidity, budgeting wisely, paying down debt, and having a backup plan in case of job loss. It's essential to remain calm and avoid making hasty financial decisions during market fluctuations.
Source: YAHOO
Reported 1 day ago
Recent agreements between the US and UK aimed at advancing nuclear energy are expected to significantly benefit utility companies and nuclear stock investments. Analysts highlight that utilities, particularly those that can integrate new power plants, like Entergy, may experience accelerated growth due to rising energy demands driven by AI and data centers. Despite recent underperformance linked to interest rate concerns, the nuclear sector is gaining momentum, suggesting a potential resurgence in investment opportunities in clean energy.
Source: YAHOO
Reported 1 day ago
Gold prices have reached unprecedented highs, surpassing inflation-adjusted records from 1980. In a discussion, market expert Bob Iaccino analyzes the current market dynamics, noting that while September is typically a weak month for gold, upcoming months like October could see increased demand. Factors such as potential Federal Reserve rate cuts and a weak dollar are expected to influence gold's trajectory, suggesting a possibility of near-term pullbacks but not a significant downturn unless major economic changes occur.
Source: YAHOO
Reported 1 day ago
UBS Group AG is contemplating moving its headquarters from Zurich to the U.S. due to new stringent capital requirements proposed by Swiss regulators following its acquisition of Credit Suisse. These regulations would significantly increase UBS's capital obligations, prompting discussions about a U.S. relocation for more regulatory flexibility and potential growth opportunities. While the bank aims to maintain its Swiss base, it is exploring all options to protect shareholder interests as it integrates Credit Suisse and navigates evolving capital pressures.
Source: YAHOO
Reported 1 day ago
McDonald's has announced plans to invest $200 million over the next seven years to promote regenerative agriculture practices on cattle ranches in the U.S., marking its largest investment in this area yet. The initiative aims to enhance soil health, conserve water, and reduce the use of synthetic chemicals. Collaborating with the National Fish and Wildlife Foundation, McDonald's will accelerate regenerative grazing across 4 million acres of ranch land, increasing productivity and profitability for participating ranchers.
Source: YAHOO
Reported 1 day ago
US stock markets saw gains on Monday as the S&P 500 and Nasdaq climbed in anticipation of a key Federal Reserve meeting later this week. With the S&P 500 on track for a record close above 6,600 and the Nasdaq nearing its sixth consecutive record close, investors are optimistic about a potential interest rate cut. The increase in stock values was further supported by developments in US-China trade talks and significant movements in tech stocks, including Tesla and Oracle.
Source: YAHOO
Reported 1 day ago
STMicroelectronics reassured the Italian government on Monday that it does not plan to implement job cuts at its Agrate plant. This announcement came during a meeting with officials and trade unions aimed at addressing concerns following earlier criticisms of the company's CEO. The business, partly owned by the Italian and French governments, faced backlash over potential redundancies but has sought to clarify its stance amid ongoing discussions with unions and government officials.
Source: YAHOO
Reported 1 day ago
Oil prices increased on Monday as investors reacted to Ukrainian drone attacks on Russian refineries and pressure from U.S. President Trump on NATO nations to stop buying Russian oil. Brent crude rose 0.63% to $67.41 per barrel, while U.S. West Texas Intermediate climbed 0.93% to $63.27. The increase is attributed to concerns over tight oil supplies and strong demand in China, despite some bearish economic data. Investors are also focusing on the upcoming U.S. Federal Reserve interest rate decision, which could affect fuel demand.
Source: YAHOO
Reported 1 day ago
Source: YAHOO
Reported 1 day ago
The Senate is set to confirm Stephen Miran, President Trump's nominee for the Federal Reserve Board, just in time for a significant policy meeting where a rate cut is anticipated. Miran's appointment follows the departure of former governor Adriana Kugler and aims to align the Fed's decisions with Trump's preference for lower rates. His confirmation raises concerns about the Fed's independence, exacerbated by ongoing disputes related to another governor, Lisa Cook, whom Trump attempted to fire. Miran has indicated he would remain independent but will not resign from his White House role immediately.
Source: YAHOO