Finance

Learn more about the growing trend of side hustles among Americans as many struggle to cover living expenses with just one job. The findings reveal a significant portion of the population turning to secondary sources of income to make ends meet, with different generations approaching this financial challenge with varying levels of optimism.

Discover how consumer spending is shaping up this summer, with insights into revised retail sales data and the impact of upcoming shopping events like Amazon’s Prime Day.

Major U.S. banks like Goldman Sachs and Morgan Stanley have reported boosted second-quarter performances, surpassing expectations and benefiting from a surge in investment banking activity. With promising signs in the M&A market and strong revenue numbers despite profit declines, these banks are demonstrating resilience and adaptability in today’s economic climate.

Luxury fashion house Hugo Boss faces challenges in reaching its audience as it revises its sales forecast amidst weakening demand in key markets. The company remains optimistic with its growth strategy despite global uncertainties impacting consumer behavior.

Learn more about the recent developments in the controversial claim of Craig Wright as the creator of Bitcoin. A London judge has accused Wright of perjury and referred the case to prosecutors, highlighting the ongoing legal battle over the true identity of Bitcoin’s elusive founder, Satoshi Nakamoto.

American Express has unveiled plans to open a new luxurious Centurion lounge at Ronald Reagan Washington National Airport. Exclusive to Platinum and Centurion cardholders, this upscale retreat will offer premium amenities, curated culinary experiences, and a unique art collection. Learn more about this lavish addition to the American Express travel benefits.

Discover how Bank of America Global Research analysts have suggested potential strategies to enhance shareholder value for Warner Bros. Discovery, including selling assets, merging with a broadcast network, and executing a strategic spinoff. The company’s stock has faced challenges post-merger, prompting discussions on transformative changes to unlock its embedded value.

Read about the latest buzz surrounding Donald Trump’s potential Treasury Secretary pick and his plans to further lower the corporate tax rate if re-elected. The article also covers Trump’s stance on Federal Reserve Chair Jerome Powell and JPMorgan Chase chief Jamie Dimon’s reactions and insights.

Discover the latest news on fintech giant Stripe potentially offering early investors a chance to cash out in a significant transaction, shifting from their previous valuations amidst changing economic landscapes. Read more to find out the details of this possible deal and its implications.

Burberry faces challenges as it reports poor earnings and announces the departure of its CEO. The luxury fashion brand is taking decisive action to improve its sales amidst a tough market and weak demand from Chinese consumers.

Discover how the global financial markets are reacting to the increasing possibility of former President Donald Trump securing a second term in the White House. Find out about the potential “Trump Trade” implications on various sectors and which industries could benefit or face challenges under a Trump presidency.

Former President Donald Trump’s net worth sees a significant surge after surviving an assassination attempt, thanks to a boost in investors acquiring shares of Trump Media & Technology Group. Learn more about the rise in his net worth and the latest updates on the assassination attempt.

Discover the rise of Ohio Senator J.D. Vance from an acclaimed author to a potential candidate for the vice presidency of the United States. Explore his journey from the publication of “Hillbilly Elegy” to his ties with former President Donald Trump and insights into his political platform and energy policies.

Discover how TSMC is poised to capitalize on the AI boom and project a significant profit increase in the second quarter of 2024. With exclusive partnerships with tech giants like Nvidia and Apple, TSMC’s future looks bright as it continues to innovate in advanced chip production.

Discover the latest insights on General Motors’ shifting EV production ambitions as CEO Mary Barra hints at a departure from the 1 million target by next year. Find out how consumer demand and market trends are influencing GM’s adaptive strategy in the electric vehicle sector.

Discover how UnitedHealth Group’s response to a major cyberattack impacted its financial outlook for the year and its commitment to supporting healthcare providers during these challenging times.

Read about the surging Dow Jones Industrial Average hitting a new record high on Tuesday and gaining investor confidence in a potential interest rate cut by the Federal Reserve. Find out more about the latest market developments, stock movements, and earnings reports in this article.

Read about how top banking executives are advocating for unity and condemning political violence following the recent assassination attempt on former President Donald Trump. CEO Jamie Dimon of JPMorgan leads the charge, highlighting the importance of coming together and fostering constructive dialogue in the face of such challenges.

Discover how consumers are boosting retail sales this summer despite inflation concerns. Dive into the latest data from the U.S. Census Bureau and Amazon’s upcoming Prime Day event to see the impact on consumer spending habits.

Discover how Bank of America, Morgan Stanley, and Goldman Sachs surpassed expectations with their impressive second-quarter earnings reports, signaling a robust recovery in the banking sector and investor confidence.

Discover the struggles faced by luxury retailer Hugo Boss as it grapples with weakening demand in key markets. Learn about the macroeconomic and geopolitical challenges impacting global consumer demand and how the company plans to navigate through uncertainties.