Editor’s Picks
Federal Reserve Hints at Rate Pause, Stocks Edge Up
US stocks experienced a slight increase on Friday, as investors cautiously welcomed indications from Federal Reserve officials about a potential pause in maintaining the current...
Housing Strain: July Sets Record for Highest Mortgage Payments
In a concerning development for the housing market, the average homebuyer grappling with their mortgage payment in July encountered the highest payments on record. This...
Meta Faces Lawsuit Over Alleged Medical Privacy Violations
A U.S. federal judge has ruled that Meta Platforms, the parent company of Facebook, must confront a lawsuit accusing them of breaching the medical privacy...
RH Stock Slides 15% on Housing Market Warning
Luxury furnishings retailer RH (formerly known as Restoration Hardware) witnessed a significant downturn in its stock price, plummeting as much as 15% on Friday, which...
Walmart Revamps Pay Structure, Signaling Labor Market Shift
Walmart (WMT) has implemented a significant shift in its pay structure, reflecting a notable transformation in the labor market, according to a company statement released...
Unemployment Rate Peaks Amidst Labor Market Slowdown
The US labor market is exhibiting signs of deceleration, with job gains in the past three months falling below 200,000, marking a concerning trend, and...
Federal Reserve Holds Rates Amid Inflation Concerns
The Federal Reserve remains steadfast in its resolve not to raise interest rates, even as concerns about surging inflation persist. The U.S. central bank, over...
Arm Holdings IPO Sees Six-Fold Surge in Investor Demand
Arm Holdings Ltd, the renowned chip designer under the ownership of SoftBank Group Corp, is experiencing a surge in investor interest, with demand for its...
SK Hynix Probes Chip Use in Huawei Tech’s Latest Phone
South Korean semiconductor manufacturer SK Hynix is currently probing the presence of its chips in Huawei Technologies newest phone, the Mate 60 Pro, following a...
Goldman Sachs Gears Up for IPO Resurgence with Arm Holdings
In the wake of SoftBank Group’s Arm Holdings’ highly anticipated initial public offering (IPO), Wall Street is buzzing with optimism about the potential breakthrough in...
