Articles

Former NBA star Zach Randolph sells L.A. trophy estate for $7.4 million, after several price cuts

Retired Grizzlies star Zach Randolph has finally offloaded his sprawling L.A. home for $7.4 million—11 months after listing it for $8.5 million.

Adyen shares plunge as company warns on impact of ‘de minimis’ shipping rule change

Adyen, one of Europe’s few growth stocks, saw its shares slump on Thursday as the Dutch payment services company is set to feel the impact of new tariff rules be applied to low-cost goods.

Bitcoin extends rally, hits record high above $124,000

The Trump administration’s looser regulatory stance and the wider adoption by institutional investors, including the approval of crypto ETFs, have been a boon to bitcoin and other cryptocurrencies.

What’s driving ether’s ‘catch-up trade,’ as it nears record high after bitcoin’s streak of peaks

After bitcoin’s latest push to record highs, ether is finally closing in on its own.

Trump-Putin meeting: Here’s what their summit in Alaska could mean for oil prices

President Donald Trump is due to meet Friday in Alaska with Russian President Vladimir Putin. Crude-oil prices surged when Russia invaded Ukraine in 2022, and there is a potential for sizable moves depending on how Friday’s summit goes.

Will Powell use Jackson Hole speech to push back on hopes for September rate cut?

Federal Reserve Chair Jerome Powell is likely to push back on growing investor expectations for a September interest-rate cut, as the rate-setting committee is still divided over its next move.

Cisco’s growing AI demand sparks earnings beat, but the stock is falling

Higher-than-expected AI infrastructure orders boosted Cisco’s revenues, with the company beating earnings expectations and cheering a “massive opportunity ahead.”

Why a jumbo Fed rate cut in September would ‘come across as panicky’

Treasury Secretary Scott Bessent says the Federal Reserve should drastically slash rates. Wall Street isn’t so sure.

Three NFL teams are now worth over $10 billion — and one of them cost just $500 when it was founded

NFL teams are worth so much now that most billionaires couldn’t buy one on their own.

Bullish’s stock opens with a bang — a sign that investors still crave crypto exposure

Bullish’s stock more than doubles with its opening trade, then rises further, in a sign that investors are still clamoring for crypto exposure.

A used car for $30,000 is now a ‘bargain’? How to get a good one for less.

Years of price increases that started during the pandemic have led to a “paradigm shift” in what is considered a used-car bargain, experts say.

Why Amazon’s ‘major’ grocery expansion is bad news for delivery apps and retailers

“The reason this announcement is so significant is that Amazon has yet to displace incumbents in the grocery category, at least for perishables,” Wedbush analysts said.
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