Magnificent Seven Loses $767 Billion as Oil and Yields Break the AI Trade
The Bloomberg Magnificent Seven Index dropped nearly 5% on Thursday, erasing roughly…
Stock Market Dips on Iran Tensions as Bitcoin Price Hits Monthly High
The stock market closed lower on Monday as escalating Iran tensions drove…
Dollar Index Drops as Cooling US Inflation Curbs Federal Rate Hikes
The U.S. dollar index dropped 0.2% for the week as cooling domestic…
Global Market Rally Pushes Dow Toward 50,000 Amid Hidden Macro Risks
The Dow Jones Industrial Average surged 612 points to 49,910.59, briefly crossing…
US justice department investigating UAW president over corruption allegations
Shawn Fain calls allegations ‘bogus’ and says attorney holds a ‘grudge’ against…
US state attorneys general file lawsuit in effort to block Paramount merger
Bipartisan group argue in lawsuit that $110bn merger would hurt competition and…
Global Economic Output Looks Slower for 2026, IMF Says
The I.M.F. projected world output growth would fall to 3 percent for…
Texas Democratic political candidate says SpaceX grants ‘sure looks like’ corruption
Nathan Johnson says if elected attorney general he’ll investigate rural internet deal…
What’s in the Housing Bill That Just Became Law
It is no Great Society measure, but the new law offers local…
Democratic Texas AG candidate claims $110m in grants for Elon Musk’s Starlink ‘sure looks’ like corruption
Nathan Johnson says if elected he’ll investigate state’s deal with Elon Musk’s…