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Business
SPY Inches Higher As Dollar Sinks and Fed Credibility Comes Under Fire
The SPDR S&P 500 ETF (SPY) continued its climb Thursday, but under the surface, markets are shifting fast. A weakening…
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Business
Kraken Enters Payments Arena with Krak, Aiming at PayPal and Venmo
Kraken’s new peer-to-peer app Krak is live in over 110 countries, offering borderless payments, crypto rewards, and future lending features…
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Business
Stocks Hover Near Records as Fed Bets, Tech Giants Fuel Quiet Rally
The S&P 500 and Nasdaq-100 inch toward all-time highs, powered by Fed rate-cut speculation, surging AI-chip earnings, and easing geopolitical…
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Business
Shell Shuts Down BP Merger Buzz: “No Talks Are Taking Place”
Shell has firmly denied reports it’s pursuing a blockbuster acquisition of BP, calling the claims market speculation and reiterating that…
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Business
Powell Pushes Back on Fed Renovation Criticism, Says $2.5B Project Is Infrastructure, Not Luxury
Federal Reserve Chair Jerome Powell dismissed claims of lavish spending on the central bank’s $2.5 billion headquarters renovation, telling lawmakers…
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Business
Wall Street Stalls as Nasdaq Hits Record on Ceasefire Hopes, Powell Stays Cautious
Markets teetered Tuesday as the Nasdaq hit an intraday high on easing Middle East tensions, while Fed Chair Jerome Powell…
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Business
Stocks Rally, Oil Drops as Israel–Iran Ceasefire Eases Market Pressure
The S&P 500, Dow, and Nasdaq all posted strong gains Tuesday, while oil prices fell over 6%. Behind the moves:…
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Business
Nasdaq 100 Hits Record High as Fed Signals and Mideast Ceasefire Rebalance Risk
The Nasdaq 100 closed at 22,190.52, notching its first record since February. A Middle East ceasefire and dovish Fed remarks…
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Business
Dollar Falls, Euro Hits 2021 High as Traders Pivot After Mideast Ceasefire
The U.S. dollar just hit a multi-year low, while the euro surged to levels not seen since 2021. Behind the…
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Business
Spirit Warns JetBlue-United Deal Is a “Backdoor Merger,” Urges Regulators to Block It
Spirit Airlines has formally opposed a proposed partnership between JetBlue and United, arguing it amounts to a covert merger that…
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