News

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

The Federal Reserve raised rates aggressively to tame high inflation, supporting the U.S. dollar. Cutting rates may weaken it versus foreign currencies.

Bill Gross says Tesla is the new meme stock

Longtime investor Bill Gross believes Elon Musk's Tesla is behaving like a speculative play among retail investors.

China's inflation numbers miss expectations, rising 0.2% in June

China's consumer price inflation rose by 0.2% in June from a year ago, missing expectations, while producer prices fell in-line with forecasts.

Athletic Brewing raises $50 million as nonalcoholic wave sweeps beer making

Athletic holds over 19% market share within nonalcoholic beer and is driving 32% of total nonalcoholic beer category growth, according to NielsenIQ data.

Watch Fed Chair Jerome Powell testify live before Senate banking panel

Powell speaks Tuesday to the Senate Banking Committee as part of his semiannual address to Congress on monetary policy.

'Make or break week:' Stifel sees 40% chance of President Biden dropping out of the race

Brian Gardner, Stifel's chief Washington policy strategist, said it is a "make or break week" for President Joe Biden's campaign.

Job scams surged 118% in 2023, aided by AI. Here's how to stop them

Innovations in artificial intelligence and the rise of remote work have fueled a surge in phony job and recruitment ads.

This ETF is trying to satisfy appetites for weight loss stocks

Tema ETFs is behind the GLP-1, Obesity & Cardiometabolic ETF (HRTS), which is up 26% since its inception last November.

Rent a car for a road trip, or drive your own? 5 things to consider

There are many financial factors to consider, like daily rental rates, insurance, fuel efficiency, depreciation and contract terms for leases.

China hopes to reach a solution with the EU on EV tariffs 'as soon as possible'

China's Ministry of Commerce said it hoped to reach an agreement soon with the European Union on the bloc's planned tariffs for imported Chinese electric cars.

Hong Kong's IPO market is finally starting to turn around, consulting firm EY says

The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, said George Chan, global IPO leader at EY.

'Early innings' of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials

Tema's American Reshoring ETF looks to benefit from deglobalization and U.S. job creation.
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