Editor’s Picks
Stock Futures Retreat as Investors Scrutinize Inflation Data for Rate Direction
Stock futures experienced a decline on Friday as investors meticulously analyzed the latest inflation data, aiming to deduce whether the recent inflation surge or July’s...
Mixed Day for Indices: Dow Jones Gains, S&P Maintains, and NASDAQ Edges Higher
In a day marked by cautious optimism, stocks inched higher on Thursday as newly released earnings season data indicated a slight uptick in inflation, bolstering...
Goldman Sachs Secures Victory as Appeals Court Rejects Shareholder Class Action Allegations
Goldman Sachs achieved a significant triumph on Thursday as the U.S. appeals court ruled in its favor, effectively halting a class action lawsuit filed by...
Crypto Clash: DCG and Gemini Trust Lawsuit Intensifies Amid Dismissal Bid
The ongoing legal battle between Digital Currency Group (DCG) and Gemini Trust took a new turn on Thursday as DCG, along with its founder Barry...
Campbell Soup to Acquire Sovos Brands for $2.7 Billion, Expanding Sauce Portfolio
In a strategic move aimed at expanding its sauce portfolio and driving growth, Campbell Soup Company has announced its intention to acquire Sovos Brands, the...
Affordability Squeeze: Homebuyers Hit as Mortgage Rates Rise to 7%, Inventory Scarce
In a discouraging turn of events for prospective homebuyers, the pursuit of owning property has become notably tougher. Recent data from Freddie Mac reveals that...
Tapestry Unveils Landmark $8.5 Billion Purchase of Capri Holdings, Redefining Luxury Fashion Landscape
In a surprise announcement that reverberated throughout Wall Street, Tapestry (TPR) unveiled its ambitious plan to purchase Capri Holdings (CPRI) for a staggering $8.5 billion,...
Used Car Prices Slide, While Motor Insurance Costs Accelerate
Used Car Market Volatility and Retail Sales SurgeConsumer Prices for New and Used Cars Show Downward Trend The latest government inflation data, released on Wednesday...
US Treasury Cracks Down on Anonymous Luxury Home Purchases
In a decisive move to combat money laundering and illicit financial activities within the real estate sector, the US Treasury Department is set to unveil...
Biden Restricts American Investment in Chinese Companies
In a significant move with far-reaching implications, President Biden unveiled his administration’s plan on Wednesday to prohibit American citizens from doing investment in select Chinese...
