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Finance News Update - Page 10

Stay informed with the latest finance news and economic updates. Fresh insights on markets, money trends, and financial events that matter to you.

Etsy transfers stock listing to NYSE and signals fresh growth phase
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Etsy transfers stock listing to NYSE and signals fresh growth phase

Online marketplace Etsy will shift its common stock listing from Nasdaq to the New York Stock Exchange, marking the company’s first change of trading venue since its 2015 initial public offering. The move, announced on Monday, is scheduled to take effect when the opening bell rings on October 13. Trading on Nasdaq is expected to cease […]

Video reveals money milestones that signal strong financial health
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Video reveals money milestones that signal strong financial health

Financial coach George Kamel outlined 11 specific milestones that, in his view, demonstrate meaningful progress toward long-term prosperity. Presented in a recent YouTube video, the checklist ranges from simple habit changes to broader goals such as eliminating debt and establishing a solid emergency cushion. Majority of Americans report stability, but gaps remain The release of […]

iPhone 17 hits stores worldwide as Apple battles AI doubts and Chinese rivals
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iPhone 17 hits stores worldwide as Apple battles AI doubts and Chinese rivals

Apple began global sales of the iPhone 17 lineup on Friday, drawing sizeable crowds in key cities and marking the company’s most extensive product rollout of 2025. The launch includes four handsets—the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max and the ultra-thin iPhone Air—along with updated Apple Watch and AirPods models. Strong first-day […]

Rakuten studies US IPO for credit card arm amid rising fintech competition
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Rakuten studies US IPO for credit card arm amid rising fintech competition

Japanese e-commerce conglomerate Rakuten Group is evaluating an initial public offering in the United States for Rakuten Card Co., one of Japan’s largest credit-card issuers, according to two people familiar with the discussions. Early-stage review follows rival’s listing plans The review started in September and remains preliminary, the sources said. A potential IPO is one […]

U.S. Army program boosts nuclear startups with new microreactor plan
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U.S. Army program boosts nuclear startups with new microreactor plan

The prospect of small-scale nuclear energy on military bases triggered a sharp rally in several publicly traded developers on Wednesday. The moves followed the U.S. Army’s decision to initiate the Janus Program, an effort to install commercially operated microreactors that can supply power to domestic installations by the end of the decade. Key players gain […]

Wells Fargo doubles assets after Wachovia deal and reinforces U.S. presence
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Wells Fargo doubles assets after Wachovia deal and reinforces U.S. presence

Wells Fargo & Company has almost doubled its asset base through the integration of Wachovia, consolidating its position as one of the largest diversified financial institutions in the United States. The San Francisco-based bank now operates thousands of branches nationwide and manages a sizable network of financial advisors that serve retail, commercial and investment clients. […]

Alibaba injects $100 million into X Square Robot to speed global rollout of humanoid tech
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Alibaba injects $100 million into X Square Robot to speed global rollout of humanoid tech

Alibaba Group has led a fresh funding round of roughly $100 million for X Square Robot, a Shenzhen-based developer of humanoid machines. The investment, arranged through Alibaba Cloud, lifts the startup’s total financing to about $280 million since its launch in December 2023. Capital targets embodied AI and wider sales network Chief Operating Officer Yang […]

HELOC rates stay under 9% as lenders roll out low-introductory offers
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HELOC rates stay under 9% as lenders roll out low-introductory offers

The average interest rate on a home equity line of credit (HELOC) remains below 9%, and several lenders are promoting short-term introductory rates that start near 4%. These offers give homeowners a way to tap equity without refinancing their primary mortgage, which typically carries a lower fixed rate locked in before 2022. Average pricing and […]

Democrats demand ACA tax credit extension in funding bill, risking shutdown
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Democrats demand ACA tax credit extension in funding bill, risking shutdown

Congressional negotiations over a short-term spending package have stalled as Democratic leaders insist that any measure keeping the federal government open must also preserve key Affordable Care Act (ACA) tax credits due to expire on December 31. Democrats link health provisions to stopgap funding Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries, […]

Soybean Futures Climb After USDA Lowers Yield Estimate and Exporters Secure Oil Sale
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Soybean Futures Climb After USDA Lowers Yield Estimate and Exporters Secure Oil Sale

Soybean prices advanced across the board on Friday, buoyed by smaller U.S. yield projections and a fresh export sale of soybean oil to South Korea. Front-month soybean contracts closed 12 to 13 cents higher, while November futures finished the session up 19 ¼ cents from the previous Friday. The national average cash price rose 13 cents […]

Panama Canal launches land bridge and dam to secure future water supply
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Panama Canal launches land bridge and dam to secure future water supply

The Panama Canal Authority (ACP) has approved two major infrastructure projects designed to shield the waterway from recurring droughts that have curtailed traffic over the past two years. A multimodal land bridge with a dedicated natural-gas-liquids pipeline and the construction of the Río Indio dam are expected to broaden cargo options and reinforce the canal’s […]

Sachem Head presses Performance Food Group for US Foods merger and board shake-up
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Sachem Head presses Performance Food Group for US Foods merger and board shake-up

Sachem Head Capital Management has opened a new front in the food-distribution sector, calling on Performance Food Group to weigh a merger with rival US Foods while nominating four directors for election at the 2025 annual meeting. Activist fund moves to reshape the board On 21 August, New York–based Sachem Head delivered a nomination notice […]