Stay informed with the latest finance news and economic updates. Fresh insights on markets, money trends, and financial events that matter to you.
The U.S. Department of Defense confirmed on Friday, Oct. 24, 2025, that it has accepted an anonymous $130 million donation intended to help cover military salaries during the ongoing federal government shutdown. The announcement came as more than half a million civilian federal employees missed their first complete paycheck and lawmakers remained deadlocked over a longer-term […]
Amazon will shutter four Amazon Fresh supermarkets in Southern California in the coming weeks, continuing a broader review of its brick-and-mortar grocery footprint. Four locations set to wind down operations The company confirmed plans to close stores in La Verne, Mission Viejo, La Habra and Whittier. Employees at the La Verne site were informed during […]
The persistent rise in consumer prices is forcing many households to reassess how they handle day-to-day expenses. Personal finance author and television host Suze Orman recently revisited that theme in her “Money Monday” newsletter, cautioning readers that several common habits can erode long-term financial security if they are not addressed immediately. Inflation makes cost-cutting urgent […]
Humana has notified investors that only one-fifth of its Medicare Advantage (MA) membership will sit in contracts rated at least four stars by the Centers for Medicare & Medicaid Services (CMS) for plan year 2026. The figure represents a five-percentage-point decline from the current year and continues a sharp slide from 2024, when nearly all […]
The U.S. Department of Energy (DOE) has terminated more than 300 funding awards worth almost $8 billion, halting a broad slate of clean-energy and grid-modernization projects in 16 states that supported Democratic presidential nominee Kamala Harris in the 2024 election. The cancellations were disclosed on Wednesday, the first day of the current federal government shutdown. […]
Fair Isaac Corporation, the company behind the widely used FICO credit score, has introduced a new licensing structure that allows mortgage lenders to obtain scores directly, bypassing traditional credit bureaus. The announcement, issued on Thursday, sent Fair Isaac shares up more than 20%, marking the stock’s largest single-day percentage gain since November 22. Direct distribution […]
Shares of South Korea’s two largest memory manufacturers climbed sharply on Thursday after both companies were named strategic partners in OpenAI’s newly announced Stargate initiative. The collaboration is designed to secure a steady supply of advanced memory devices and expand data-center capacity in South Korea, a move investors interpreted as a long-term revenue catalyst for […]
Asia-Pacific equity markets opened Wednesday with uneven moves, mirroring cautious sentiment after fresh records on Wall Street and looming uncertainty over U.S. federal funding. Mixed opening across the region Japan’s benchmark Nikkei 225 fell 1.05% at the start of trading, while the broader Topix slipped 1.52%. The retreat followed the Bank of Japan’s third-quarter Tankan […]
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 […]
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 […]
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 […]
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 […]