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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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Business
CareerBuilder + Monster Files for Bankruptcy in Breakup Sale to JobGet, Valnet, Valsoft
CareerBuilder + Monster, the once-dominant forces in online job search, have filed for Chapter 11 bankruptcy less than a year…
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Business
Fed Signals No Rush on Rate Cuts as Tariff Uncertainty Clouds Outlook
Federal Reserve Chair Jerome Powell told Congress the Fed will hold rates steady amid inflation uncertainty driven by new tariffs.…
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Business
Carnival Raises Outlook as Cruise Demand Holds, Bets Big on Private-Island Strategy
Carnival Corp. lifted its full-year profit forecast after posting stronger-than-expected Q2 revenue, fueled by solid cruise demand and rising onboard…
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Business
T-Mobile to Launch Satellite App Access Nationwide by October
T-Mobile will begin offering satellite-powered messaging in July and full data service by October, marking a first for U.S. carriers.…
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Business
Insurers Agree to Slash Prior Authorization Red Tape Under Pressure from Kennedy, CMS
Six major health insurers have pledged to overhaul the prior authorization system that clogs U.S. healthcare, marking a rare moment…
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Business
Wall Street Rally: Fed Signals, Tesla Spike, and SPY Hits Record High
Wall Street rally gains traction with dovish Fed tone, an 8% Tesla surge, and geopolitical relief. SPY sets a new…
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