finance
Apple is being sued by shareholders who allege the company made misleading statements regarding its artificial intelligence (AI) development and its potential impact on the company's future. The lawsuit centers on whether Apple adequately informed investors about its AI progress and competitive posi
finance
The Fed's decision to maintain steady interest rates might seem like good news, but many credit card holders are still seeing their APRs climb. Let's break down why this divergence is happening.
finance
The US Supreme Court is currently considering several high-profile cases with far-reaching implications for various sectors. This factbox provides a detailed overview of these cases, examining their potential impacts on businesses, individuals, and the legal landscape.
finance
Meme stocks, fueled by social media hype, offer unique opportunities. However, their volatility also creates potential for significant losses. This article explores why betting against these stocks, through short selling, can be a surprisingly effective strategy, although not without inherent risk.
finance
Reports indicate Meta explored acquiring Perplexity AI, the innovative search startup, before proceeding with a significant investment in Scale AI. This potential shift highlights Meta's evolving strategy in harnessing external AI capabilities and integrating cutting-edge technologies into its ecosy
finance
Geopolitical tensions are escalating as Iran asserts it will not engage in nuclear negotiations while under fire. This declaration comes as the UN atomic watchdog, the IAEA, implores all parties to exercise maximum restraint. The situation raises significant concerns about the future of the Iran nuc
finance
The Federal Reserve is at a crossroads. Internal divisions are emerging regarding the appropriate monetary policy path. Should the central bank prioritize hedging against a potential resurgence of inflation, potentially delaying or even halting rate cuts? Or should it proceed with the previously sig
finance
Japanese households are facing a significant strain as rice prices more than doubled in May. This dramatic increase has propelled core inflation to its highest point since 2023, impacting consumer spending and raising concerns about the cost of living. Understanding the drivers behind this surge is
finance
A recent statement from a Trump-appointed Federal Reserve official is raising eyebrows. The official expressed doubts that tariffs would significantly contribute to inflation. This position aligns the appointee with the former president's frequent and vocal advocacy for lower interest rates.
finance
Federal Reserve Governor Christopher Waller's recent remarks have sparked significant discussion about the potential for an interest rate cut as early as July. This marks a notable shift from previous statements and suggests the Fed is closely monitoring economic data for signs of easing inflation a
finance
KindlyMD, a company known for its innovative approach, has secured an impressive $51.5 million in funding. This isn't for core operations; instead, it's earmarked for bolstering their existing Bitcoin treasury strategy. This move underscores a rising trend: companies viewing Bitcoin as a legitimate
finance
Richmond Fed President Thomas Barkin recently stated there's no immediate rush to cut interest rates. His comments suggest the Federal Reserve remains vigilant regarding inflation, particularly noting potential risks stemming from tariffs.
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