Stay informed with the latest finance news and economic updates. Fresh insights on markets, money trends, and financial events that matter to you.
Treasury Secretary Scott Bessent stated Sunday that the administration has not prepared a formal proposal to withdraw federal funding from the Affordable Care Act (ACA) and redirect the money directly to individual Americans. Speaking on ABC News’ “This Week,” Bessent responded to questions about a social media post published a day earlier by President Donald […]
Nvidia Corp. continues to command attention on Wall Street as its shares, propelled by sustained demand for artificial intelligence hardware, have delivered robust multi-year gains and now occupy a central place in many growth-oriented portfolios. Past Performance Sets a High Bar Over the past decade, Nvidia’s stock price has advanced at an average annual rate […]
Zohran Mamdani’s victory in the Nov. 4, 2025 New York City mayoral race is prompting political strategists to predict a noticeable rise in millennial and Generation Z candidates across the United States. At 34, the two-term state assemblyman campaigned on housing affordability and other issues resonating with younger voters, positioning himself as a break from long-standing […]
LAS VEGAS — Millions of Americans regularly contribute to individual retirement accounts, yet many overlook a critical administrative step that can jeopardize years of savings: keeping beneficiary designations current. Speaking at the Financial Planning Association’s annual conference on Tuesday, Brandon Buckingham, vice president in the advanced planning group at Prudential Retirement Strategies, described outdated or […]
On July 1, the White House announced that 88 percent of Americans receiving Social Security benefits will owe no federal income tax on those payments under the One Big Beautiful Bill Act, a measure championed by former President Donald Trump. The statement cited calculations from the U.S. Council of Economic Advisers, an office housed within the executive branch. […]
More than 1,100 flights were canceled across the United States by 5:30 a.m. Eastern Time on Sunday, extending a wave of nationwide air-travel disruption that began Friday. The Federal Aviation Administration (FAA) continued to cap departures and arrivals at 40 major airports as it confronted persistent staffing shortages during the longest federal government shutdown in […]
A tsunami advisory remained in effect for part of Japan’s northeastern shoreline early Sunday after a strong offshore earthquake was recorded in the Pacific Ocean, according to information released by the Japan Meteorological Agency (JMA) and the United States Geological Survey (USGS). The two agencies independently measured the seismic event at magnitude 6.7. Instruments placed […]
China’s consumer inflation turned positive in October, offering a tentative sign that domestic demand is stabilizing after months of weakness, while producer prices continued to decline but at a slower pace, according to official data released on Sunday. The National Bureau of Statistics (NBS) reported that the Consumer Price Index (CPI) rose 0.2% year on […]
Plug Power Inc. has entered a binding agreement to provide up to 2 gigawatts of GenEco proton-exchange-membrane (PEM) electrolyzer systems to Allied Biofuels FE LLC, expanding the hydrogen specialist’s order book and strengthening its position in the emerging sustainable aviation fuel sector. The companies announced the supply deal on October 30, 2025. Under the terms, […]
Six years after first connecting on Tinder at the age of 19, Singapore residents Kai Yang Chan and JiaYi Zhuo have transformed a family kitchen operation into a bakery that generated more than 850,000 Singapore dollars (roughly US$650,000) in 2024 revenue and is projected to exceed SG$1 million (about US$775,000) this year. The pair lead […]
Shares of Perella Weinberg Partners declined sharply on Thursday afternoon after the independent financial advisory firm reported third-quarter 2025 earnings and revenue that missed Wall Street expectations. The stock fell as much as 8% during intraday trading and finished the session down 4.5% at $18.02, according to market data. The company generated revenue of $164.6 million […]
Hundreds of commercial flights will be removed from airline schedules next week after the Federal Aviation Administration directed carriers to trim operations at 40 of the nation’s busiest airports, a measure tied directly to the ongoing federal government shutdown that has entered its record-long phase. The mandate, issued late this week, requires airlines to cut […]