Articles

Pound tops $1.28 after surprise decline in U.K. unemployment rate

The pound rose above $1.28 on Tuesday after U.K. data showed a surprise tightening of the jobs market.

Rumble shares gain as revenue declines, but loss lessens

The video-sharing site narrowed its loss to $26.8 million, or 13 cents a share, for the second quarter ended June 30, from $29.5 million, or 15 cents a share, a year earlier.

BuzzFeed stock jumps on narrower Q2 loss, new launches

Shares of BuzzFeed gained after the company narrowed its second-quarter loss and said it is beginning to bear the fruits of its new rollouts.

Kamala Harris, like Donald Trump, wants no taxes on tips. Critics say the idea is ‘very silly’ — no matter who proposes it.

“The idea of eliminating taxes on tips is merely a superficial attempt to address the affordability crisis faced by service workers,” said Saru Jayaraman, president of One Fair Wage.

Boeing’s confidence in Starliner ‘speaks volumes,’ says former NASA astronaut

Boeing Co.’s confidence in the ability of its Starliner space capsule to bring NASA astronauts Butch Wilmore and Suni Williams back home to earth “speaks volumes” amid the uncertainty swirling around the troubled mission, according to former Space Shuttle commander Eileen Collins. 

How Robinhood can win a bigger piece of the $65 trillion pie of investable assets

Piper Sandler sees Robinhood as well positioned to benefit from the generational wealth transfer — and a new web platform that could broaden its appeal.

What history says could happen next after volatility roiled the stock market

Rising volatility in the stock market could potentially trigger a “regime” change in market sentiment, says one analyst.

Don’t expect inflation to take a turn for the worse in PPI and CPI reports

The rate of inflation probably rose a bit faster in July than in June, but not enough to set off alarm bells or alter a clear slowdown in price increases. The Federal Reserve is likely to remain on track to cut interest rates next month.

A feared Iranian attack on Israel a top threats to stocks in a busy week

Geopolitics threatened to deal a fresh blow to investor confidence on Monday just as stocks appeared to be shaking off the most chaotic stretch of the year.

Budget deficit climbs 10% in July as government spends more on interest than Medicare, military

The U.S. budget deficit in July increased 10% from a year ago, driven by higher government spending and bigger interest payments on the national debt.

Elon Musk’s chat with Donald Trump could touch on crypto, EVs, the Fed and more

Billionaire entrepreneur Elon Musk has promised “no limits on subject matter” as he speaks with Donald Trump tonight at around 8 p.m. Eastern time.

Kamala Harris to unveil economic platform this week. Here’s what investors will be looking for.

One analyst believes Harris-Walz is “the most progressive ticket” in generations.
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