Video game manufacturer Electronic Arts is transitioning to a private entity through a $55 billion agreement, financed by Saudi Arabia alongside an investment firm supported by Jared Kushner. The company, known for its successful franchises such as “Madden NFL,” “The Read More …
In August, Americans increased their expenditures; nonetheless, the cost of living escalated as food and various goods saw further price hikes, while service costs persisted at elevated levels. Recent economic data indicated that consumer spending increased by 0.6% during the Read More …
Americans express dissatisfaction with the economy, yet their spending patterns suggest otherwise. On Friday, the Commerce Department announced a 0.6% increase in consumer spending for the month of August. While that figure may appear modest, it indicated a notably more Read More …
The extensive tariffs implemented by President Donald Trump during his second term are now subject to a crucial evaluation that will ascertain his ability to maintain these measures, as well as the eligibility of businesses for substantial refunds. The recent Read More …
The major U.S. index futures indicate a higher opening on Friday, suggesting that stocks are poised to recover after a period of decline in recent sessions. Market participants might consider acquiring equities at comparatively lower valuations in light of the Read More …
The major U.S. index futures are indicating a lower open on Thursday, suggesting that stocks may continue the pullback observed in the last two sessions. Persistent worries regarding the short-term prospects for the artificial intelligence sector could potentially exert pressure Read More …
Federal Reserve Governor Lisa Cook faces allegations of misrepresenting two properties as her primary residence in order to obtain more favorable mortgage conditions. Documents indicate that Treasury Secretary Scott Bessent and Labor Secretary Lori Chavez-DeRemer engaged in similar actions, securing Read More …
The major U.S. index futures indicate a modestly higher opening on Wednesday, suggesting that stocks are poised to rebound after experiencing pressure in the preceding session. Equities could experience gains stemming from sustained optimism surrounding the artificial intelligence sector, a Read More …
America’s central bankers are grappling with the dual pressures of potentially rising inflation alongside a decelerating labor market, as articulated by Federal Reserve Chair Jerome Powell on Tuesday, who described it as a “challenging situation” for Fed policymakers. However, at Read More …
The primary U.S. index futures indicate a nearly unchanged opening on Tuesday, suggesting that stocks may exhibit a lack of clear direction following a recent upward trend over the past several sessions. Market participants might exhibit caution in executing substantial Read More …