Reported 14 days ago
President Trump's attempts to exert control over the Federal Reserve's monetary policy, notably through pressures to fire voting member Lisa Cook, could jeopardize the economy and market stability. His desire for lower interest rates to stimulate a slowing economy may lead to increased inflation risks, and potentially undermine confidence in the Fed's independence and effectiveness. Analysts warn that such disruptions could lead to higher long-term interest rates, negatively affecting investments and overall economic growth.
Source: YAHOO
Reported 14 days ago
Cracker Barrel's stock surged by 5% after former President Trump urged the restaurant chain to revert to its previous logo, in response to a recent redesign that sparked customer backlash and a 14% stock drop. Trump highlighted the opportunity for the company to regain customer favor and suggested they hold a major press conference to improve their branding strategy. Despite the redesign, Cracker Barrel reassured customers that the beloved image of Uncle Herschel would still be part of their offerings.
Source: YAHOO
Reported 14 days ago
Tax credits for solar panels and energy-efficient home upgrades are set to expire at the end of this year, prompting homeowners to act quickly to take advantage of potential savings. The Biden administration's tax changes have limited certain benefits while energy prices continue to rise. Eligible homeowners can receive significant credits on installations, but must ensure projects are completed by the deadline. Experts advise homeowners to get multiple contractor quotes and proceed promptly to qualify for these valuable incentives.
Source: YAHOO
Reported 14 days ago
President Trump is attempting to fire Federal Reserve Governor Lisa Cook, which may lead to significant changes in the central bank's leadership and policies. With a critical deadline approaching next February when regional Fed presidents' terms expire, Trump's success could result in building a majority of allies on the Board of Governors, supporting his push for lower interest rates. Economic analysts caution that while he might influence discussions towards rate cuts, capturing a majority in the Federal Open Market Committee remains uncertain.
Source: YAHOO
Reported 14 days ago
General Motors (GM) has unveiled its driver lineup for the 2026 season as part of its $1 billion investment in Formula 1. The Cadillac F1 team will feature star drivers Valtteri Bottas and Sergio Perez, both renowned for their extensive racing experience. GM President Mark Reuss emphasized the significant resources allocated to this effort, underlining the strategic importance of F1 for brand visibility and market reach, particularly in North America and Mexico.
Source: YAHOO
Reported 14 days ago
President Trump has announced the removal of Federal Reserve Governor Lisa Cook, claiming sufficient cause related to alleged mortgage fraud. Cook, disputing Trump's authority to dismiss her, vows to remain in her position and plans to challenge the decision through legal means. This unprecedented move could set the stage for a significant legal battle over the president's power regarding Federal Reserve officials.
Source: YAHOO
Reported 14 days ago
Nvidia, a leading AI chipmaker, leverages its partnerships with research universities to fuel innovations in AI technology. The company collaborates with institutions like the University of Florida, Georgia Tech, and the University at Albany by providing infrastructure, software, and direct funding to support research initiatives. This symbiotic relationship not only helps universities advance their academic programs and research portfolios but also cultivates a new generation of graduates skilled in Nvidia's technology, solidifying its position as a leader in the AI marketplace.
Source: YAHOO
Reported 14 days ago
The Federal Reserve's credibility, crucial for maintaining inflation expectations, faces challenges as President Trump attempts to fire Fed Governor Lisa Cook. While past credibility helped manage inflation despite high rates, Trump's actions raise concerns about the central bank's independence and its capacity to focus on price stability and employment without political influence. Analysts suggest that the outcome of this dispute could significantly impact market confidence and the Fed's operational integrity.
Source: YAHOO
Reported 14 days ago
Recent trading highlights include the New York Times receiving a new investment push to leverage AI for growing subscriptions, Trump Media collaborating with crypto.com to create a crypto treasury company, and Olaplex making its first acquisition by purchasing biotech firm Piervala.
Source: YAHOO
Reported 14 days ago
Apple has internally discussed the potential acquisition of French AI startup Mistral and Perplexity, as reported by The Information. This move comes as Apple seeks to enhance its AI capabilities, having been outpaced by competitors like Google and Samsung in rolling out AI features. CEO Tim Cook indicated a willingness to make significant AI-related acquisitions, marking a change from Apple's traditionally cautious approach to mergers and acquisitions.
Source: YAHOO
Reported 14 days ago
Puma's shares swung dramatically with a peak gain of 20% before settling down due to news of a potential stake sale by the Pino family. Meanwhile, Nissan's stock fell nearly 7% following a significant investor exit, raising concerns about its recovery efforts. Wayfair's shares dropped almost 6% due to new tariffs on imported furniture, posing challenges for the retailer amid signs of sales recovery.
Source: YAHOO
Reported 14 days ago
Farmers Insurance, a California insurer, has reported a data breach that compromised the sensitive information of over one million policyholders. The breach, discovered on May 30, 2025, involved unauthorized access to personal details such as names, addresses, dates of birth, and driver's license numbers of 1,071,172 customers. The company began notifying affected individuals in August 2025 and is providing free credit monitoring services. A law firm is currently investigating whether the company violated any laws by delaying notifications.
Source: YAHOO
Reported 14 days ago
Transamerica has appointed Jason Frain as the new head of Retirement Solutions, where he will oversee product strategy and development aimed at improving long-term outcomes for plan sponsors and participants. With nearly 30 years of experience in retirement and annuity product leadership, Frain previously held senior roles in prominent financial firms, including Brighthouse Financial. His appointment is expected to drive the company's momentum in enhancing customer-focused retirement solutions.
Source: YAHOO
Reported 14 days ago
Source: INVESTORS
Reported 14 days ago
Alphabet Inc. (GOOGL) showcased strong fundamentals with its Q1 operating earnings rising by 20%, as highlighted in GreensKeeper Asset Management's recent investor letter. The company, which operates various platforms through Google Services and Google Cloud, has seen a one-month return of 6.51% and a substantial 26.60% increase in share value over the past year. The advancements in AI tools, particularly the growing popularity of Google's AI Overview and its competitor Gemini, have contributed to its success, achieving a significant milestone with over 1.5 billion monthly users.
Source: YAHOO
Reported 14 days ago
Envoy Medical Inc. announced the retirement of $32 million in debt owed to GAT Funding, owned by Glen A. Taylor, who is also stepping down from the board after two decades. Taylor expressed confidence in the company’s future following positive developments, including new patents and the introduction of CPT codes for its Esteem device. Envoy Medical's stock saw a slight decline in premarket trading.
Source: YAHOO
Reported 14 days ago
The US stock market experienced mixed results today as President Trump's move to remove Federal Reserve governor Lisa Cook and threats of new tech tariffs weighed on investors' sentiments. The Dow Jones fell slightly while the S&P 500 and Nasdaq showed modest gains. Concerns over Trump's actions impacting Fed independence contributed to rising Treasury yields, while anticipation builds for Nvidia's upcoming earnings report amidst ongoing trade tensions.
Source: YAHOO
Reported 14 days ago
Source: YAHOO
Reported 14 days ago
AllianceBernstein has appointed Michael Thompson as the new CEO for the Asia Pacific region, effective July 2025, succeeding Ajai Kaul who is retiring after 32 years with the firm. Derek Yung will join as deputy CEO, supporting regional growth and initiatives. Thompson, with nearly 30 years in financial services, will focus on expanding the company's presence in Asia Pacific markets, emphasizing a client-first approach.
Source: YAHOO
Reported 14 days ago
Japanese banking giants Mizuho and MUFG are looking to expand their presence in the global investment market by pursuing acquisitions and partnerships with foreign asset managers, particularly in the US and Europe. With over $1.3 trillion in assets, both banks aim to capture a larger share of private investments. Mizuho is keen on entering sectors like credit and infrastructure financing, while MUFG seeks growth opportunities beyond Japan, emphasizing the strategic importance of Europe as a gateway to global expansion.
Source: YAHOO
Reported 14 days ago
Authvia宣布與Visa Direct合作，將即時付款平台整合進其TXT2PAY解決方案，旨在透過簡訊實現即時資金撥付，適用於醫療保健、汽車服務、保險及零工經濟等行業。這一合作使企業能夠為符合條件的Visa借記卡持有人在特定市場提供即時支付，簡化退款和其他支付流程。使用者可在熟悉的簡訊對話中驗證身份、確認交易細節，並立刻將資金轉至Visa卡，提升現金流和客戶滿意度。
Source: YAHOO
Reported 14 days ago
Coca-Cola is a strong brand known for consistent profitability and a long history of dividend increases. However, while it's a reliable choice for income investors, its growth potential is limited, making a 100-fold return on a $10,000 investment unlikely within 10 years. Analysts suggest focusing on a diversified portfolio of high-performing stocks instead of betting on Coca-Cola alone.
Source: YAHOO
Reported 14 days ago
Source: INVESTORS
Reported 14 days ago
Retirement often necessitates a new budget, as many common expenses vanish, allowing retirees to ease their financial burden. Key bills that may no longer apply include mortgage payments, expenses for a second car, higher tax obligations, life insurance, payroll taxes, dry cleaning, and commuting costs. By eliminating these costs, retirees can better manage their finances and enjoy their newfound freedom.
Source: YAHOO
Reported 14 days ago
Source: INVESTORS