Business
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SoFi Stock Hits Post-IPO Highs as Profitability Takes Center Stage
SoFi Technologies (NASDAQ: SOFI) just posted its best quarter yet, driving shares to their highest close since its IPO. With…
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Rishi Sunak Returns to Goldman Sachs as Senior Adviser After Stepping Down as UK PM
Rishi Sunak, the UK’s former Prime Minister, has joined Goldman Sachs as a senior adviser—marking a return to his financial…
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Novartis Wins Swiss Approval for First-Ever Malaria Drug for Newborns
Novartis has secured Swiss approval for Coartem Baby, the world’s first malaria drug formulated for newborns under 4.5kg. The treatment…
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TSA Quietly Starts Letting Flyers Keep Shoes On at Airport Security
Passengers at several major U.S. airports are no longer being asked to remove their shoes at security checkpoints, as the…
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Trump’s $3 Trillion ‘Beautiful Bill’ Reshapes Taxes, Cuts Safety Nets, and Bets Big on Enforcement
President Trump’s One Big Beautiful Bill Act rewrites the U.S. tax and welfare code, with deep implications for middle- and…
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SPY Drops to $620 as Tariff Jitters Hit Wall Street
The SPDR S&P 500 ETF Trust (SPY) slid to $620 as U.S. markets reeled from a new wave of tariffs.…
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Bondholders Challenge $7.4B Citgo Bid by Gold Reserve as Court Showdown Nears
Gold Reserve’s $7.4 billion bid for Citgo’s parent may face collapse as bondholders object and competing bidders offer more comprehensive…
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CoreWeave Acquires Core Scientific in $9 Billion Stock Deal to Lock Down AI Infrastructure
CoreWeave is buying Core Scientific for $9 billion in stock, bringing GPU capacity and power infrastructure under one roof. The…
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TikTok’s U.S. Only App Set for September Launch Ahead of Sale Deadline
ByteDance is building a standalone U.S. version of TikTok, expected to launch September 5, just ahead of a federal deadline…
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Costco Faces Expanding Recall Wave Across Multiple Product Lines
Costco is dealing with a surge of product recalls affecting air conditioners, power banks, fitness gear, tires, food, and more.…
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