Finance

Former President Trump discussed his views on green energy, tax rate reduction, and foreign policy in his recent interview with Bloomberg Businessweek. He criticized wind energy, advocated for a 15% corporate tax rate, and suggested Taiwan should pay the U.S. for defense. Read on to learn more about his perspectives on these key topics.

Find out how the U.S. may tighten trade rules on chipmaking technology exports to China and the impact on global chip stocks. U.S. allies face pressure to curb exports as the Biden administration contemplates stricter measures.

Discover how Roche’s promising weight loss pill, CT-996, is shaking up the pharmaceutical industry and impacting Novo Nordisk and Eli Lilly’s stocks. Uncover the latest advancements in oral GLP-1 therapy and the race to revolutionize weight management solutions.

Eyewear giant EssilorLuxottica makes a bold move into apparel with the acquisition of streetwear brand Supreme for $1.5 billion. This strategic venture aims to tap into new consumer demographics and drive innovation for the company.

Discover the significant rise in membership fees at Mar-a-Lago and the controversies surrounding the club’s connection to former President Donald Trump. From the escalating costs to the criticism of pay-for-access, delve into the exclusive world of this Palm Beach retreat.

Discover the record-breaking success of Amazon’s Prime Day 2024, shaping the e-commerce landscape. With $7.2 billion spent in the U.S. halfway through the event, find out which products are dominating sales and how consumer behavior is influencing online shopping trends.

Capital One has pledged $265 billion in lending, investment, and philanthropy over the next five years as part of its proposed acquisition of Discover Financial Services. This ambitious commitment aims to address community concerns while creating the largest credit card company in the U.S. and the sixth-largest bank by assets. Regulatory scrutiny looms, but Capital…

Discover how the landscape of Silicon Valley elites’ support for Donald Trump has transformed in the wake of the cryptocurrency boom, influencing key political shifts and reshaping the tech industry’s relationships with political power. Learn why major figures like Mark Cuban are attributing this shift to the potential benefits for crypto businesses under a Trump…

United Airlines reported impressive earnings with significant revenue growth, but concerns about declining demand loom. The airline anticipates industry-wide capacity reductions and is banking on its diverse revenue streams to maintain its performance. CEO Scott Kirby remains optimistic about the company’s positioning in the market.

Discover the latest insights on General Motors’ ambitious electric vehicle production goals and CEO Mary Barra’s recent remarks on the market challenges they are facing. How will consumer demand shape the future of GM’s EV strategy? Read more to find out.

Learn about UnitedHealth Group’s response to a significant cyberattack and its financial impact in the second quarter. The company remains confident in its ability to manage costs while surpassing revenue expectations for the period.

Read about the latest surge in the Dow Jones Industrial Average, driven by investor confidence in potential interest rate cuts by the Federal Reserve. Find out how Amazon’s Prime Day played a significant role in the largest U.S. e-commerce day of 2024. Discover insights from CME FedWatch on the likelihood of rate cuts and how…

JPMorgan Chief Jamie Dimon and other banking leaders have spoken out against political violence and disunity in the U.S. following an assassination attempt on former President Trump. Dimon emphasized the importance of unity and dialogue in the face of challenges. Read on to learn more about their messages of solidarity and hope for a more…

Discover why consumers are defying inflation and splurging this summer. What impact is Prime Day having on e-commerce sales and the retail sector as a whole? Get insights into the latest consumer spending trends and how they are reshaping the market.

Discover how major U.S. banks like Goldman Sachs and Morgan Stanley are exceeding expectations with booming investment banking sectors and strong market performances in the latest round of second-quarter earnings reports.

Discover why Hugo Boss is facing challenges in engaging consumers and how the luxury retailer plans to navigate through macroeconomic uncertainties to drive profitability. Explore the impact of declining demand in key markets like the U.K. and China on Hugo Boss’ sales outlook, and how other luxury brands are responding to similar consumer outreach struggles…

Read about the latest developments involving Craig Wright, the Australian scientist who claims to be the creator of Bitcoin, and how he is facing potential legal consequences for allegedly lying under oath. Discover the implications of this case on the crypto community and the ongoing debate surrounding the true identity of Satoshi Nakamoto.

American Express is set to unveil its latest Centurion airport lounge at Ronald Reagan Washington National Airport, promising premium amenities and a luxurious experience for Platinum and Centurion cardholders. This exclusive lounge will feature a unique menu by award-winning chefs, a shower suite, and an impressive art collection. Discover more about this lavish addition to…

Discover the insightful strategies proposed by Bank of America analysts to boost Warner Bros. Discovery’s shareholder value, including possible asset sales, mergers, and strategic spinoffs. Will these transformative changes lead to a turnaround for the media giant?

Discover insights on investing themes and market predictions from Rick Pitcairn, Chief Global Strategist at Pitcairn Financial Group, in this thought-provoking conversation with Quartz. Gain valuable perspectives on navigating the market amidst changing political landscapes and ensuring a balanced investment strategy for long-term success.

Discover President Trump’s potential picks for key positions if he secures a second term. From JPMorgan Chase’s Jamie Dimon as Treasury Secretary to Federal Reserve Chair Jerome Powell’s future, delve into the latest insights and promises made by the administration.