News

Power play: Two money managers bet big on uranium, predict long shelf life for gains

Sprott Asset Management and VanEck deliver their bullish cases for the radioactive metal.

This credit card behavior is an under-the-radar risk: 'Be very careful,' expert says

"Credit cycling" may lead credit card companies to cancel a user's card and forfeit their rewards, experts said.

Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB

Key oversight arms of the U.S. government are examining the whirlwind of activity at the CFPB after Trump's acting head Russell Vought took over in February.

GameStop shares tank on convertible bond offering to potentially buy more bitcoin

The video game retailer announced plans for a $1.75 billion convertible notes offering to partially fund its bitcoin purchase.

Trade tensions aren't stopping Chinese companies from pushing into the U.S.

Chinese companies are so intent on global expansion that even a new IPO on the mainland counts the U.S. as one of its biggest markets, on par with China.

State AGs led by NY's Letitia James pressure Meta to clean up investment scams on Facebook

Meta, the parent company of Facebook, Instagram and Whatsapp, is struggling to control the rise of cyber scams on its platforms.

Here's the inflation breakdown for May 2025 — in one chart

Inflation was tame in May but President Trump's tariff policy may cause consumer prices to rise noticeably heading into summer, economists said.

China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks

The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript.

DoubleLine’s Gundlach says to buy international stocks on the dollar's 'secular decline'

The widely-followed investor noted that foreigners invested in the United States could be holding back on committing more capital due to geopolitical concern.

Why BlackRock's smallest deal of 2024 may end up being its most consequential

Larry Fink has said BlackRock's Preqin acquisition is "probably the most significant thing we have done in terms of expanding the profile of private markets."

As GOP weighs Obamacare cuts, the party's constituents are more likely to use marketplace coverage, poll finds

Republicans are considering a massive domestic policy bill that would slash funding for Affordable Care Act exchanges. But many GOP voters rely on them.

Walmart is using its own fintech firm to provide credit cards after dumping Capital One

Walmart had leaned on Capital One as exclusive provider of its credit card since 2018, but sued the bank in 2023 so that it could exit the relationship.
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