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Economists On June CPI Numbers: 'The Absence Of Bad News Is Good News' — But Fed 'Unlikely To Sway' On Interest Rates
2025 Jul 15, 11:44pm | 823Leading economists react to June’s Consumer Price Index report, which showed that inflation was largely in line with expectations, while speculating on what this means for Federal Reserve policy and growing tariff-related pressures. What Happened: U.S. consumer prices rose 0.3% in June, the...
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MP Materials Spikes After-Hours — Here's Why The Stock Is Trending Tonight
2025 Jul 15, 10:53pm | 677MP Materials Corp (NYSE:MP) stock is trending on Wednesday, following a major deal with tech giant Apple Inc (NASDAQ:AAPL). Check out how MP stock is trading here. What Happened: MP Materials’ stock price witnessed a surge by 3.52% to $60.27 after hours on Tuesday. Earlier in the day,...
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Trump Says He's 'Finalized' The Trade Deal With Indonesia, Touts Orders For 50 Boeing Jets — Will China Face Tougher Times Ahead?
2025 Jul 15, 10:10pm | 747President Donald Trump announced what he called a “landmark” trade agreement with Indonesia, opening up the Southeast Asian giant to American companies, while signing big deals for American aviation and energy companies along the way. Check out the current price of BA stock here. What...
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Elizabeth Warren Slams Trump's Plan To 'Gut' Sesame Street Funding — 'If He Gets Away With This, Next Time….'
2025 Jul 15, 9:45pm | 573On Tuesday, Sen. Elizabeth Warren (D-MA) sounded the alarm over a Republican-led push to slash billions in already approved federal spending, including funds for public broadcasting programs like Sesame Street and National Public Radio. What Happened: Warren took to X, formerly Twitter, to...
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CoreWeave's $6 Billion AI Bet Boosts Core Scientific Shares Ahead Of $9 Billion Merger Deal
2025 Jul 15, 12:07pm | 478Core Scientific (NASDAQ:CORZ) gained on Tuesday in solidarity with CoreWeave (NASDAQ:CRWV) after the latter announced plans to invest up to $6 billion in building an AI data center in Lancaster, Pennsylvania. Initially sized at 100 megawatts and expandable to 300 MW, the facility...
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This House of Representative Just Bought Up To $30K In 3M Stock
2025 Jul 15, 11:00am | 587A report on July 14, 2025 shows that Representative Julie Johnson from Texas purchase stock in 3M (NYSE:MMM), valued between $2,002 and $30,000. According to the July filing, the transaction occurred on June 18, 2025. At the time of writing, 3M shares are trading down 0.02% at $157.88. What...
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A Congress Member Sold Up To $590K In Apple Stock: Here's What You Need To Know
2025 Jul 15, 11:00am | 589Records from July 14, 2025 indicate that Representative Scott Franklin of Florida made a sale of Apple (NASDAQ:AAPL), valued between $156,016 and $590,000, with the transaction dated June 16, 2025 and filed in July. As of now, Apple shares are trading up 0.63% at $209.94. Representative's Recent...
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Lockheed Revives Plans For Pacific Deep Sea Mining
2025 Jul 15, 7:50am | 615Lockheed Martin (NYSE:LMT) is re-entering deep-sea mining and talking to potential partners about activating two exploration zones it holds in the lucrative Clarion-Clipperton Zone (CCZ) in the Pacific Ocean. The leading U.S. defense contractor first obtained the licenses in the early 1980s before...
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Trump's Latest Move On AI And China Propels Chip Stocks
2025 Jul 15, 7:48am | 885Artificial intelligence (AI) chip stocks, including industry giants like Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), alongside key players such as Broadcom (NASDAQ:AVGO), Arm Holdings (NASDAQ:ARM), Marvell Technology (NASDAQ:MRVL...
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Washington Breaking The Global Economy? Economist Mohamed El-Erian Warns The US Now 'Resembles A Developing Nation'
2025 Jul 15, 3:14am | 671Prominent economist Mohamed El-Erian warns that the United States’ recent economic behavior is creating instability, not just at home, but across global markets. What Happened: In a column published in the Foreign Affairs magazine on Monday, El-Erian states unequivocally that “the...
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Trump Gets FAQ'd By Powell—No Champagne Rooms, Just Clearing Cancer Dust
2025 Jul 14, 5:02pm | 608The Federal Reserve is under fire from the Trump administration over a controversial renovation project at its Washington headquarters, which has soared past its original $2.5 billion estimate. In response, Fed Chair Jerome Powell ordered a review of the project amid growing political backlash and...
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FDA Delays Approval For Ultragenyx's Gene Therapy, But Not A Dealbreaker, Says Analyst
2025 Jul 14, 1:05pm | 548The U.S. Food and Drug Administration issued on Friday a Complete Response Letter for Ultragenyx Pharmaceutical Inc.’s (NASDAQ:RARE) Biologics License Application (BLA) for UX111 (ABO-102) AAV gene therapy for Sanfilippo syndrome type A (MPS IIIA). In the CRL, the FDA requested that the...
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Bitcoin's $123K Boom Meets Crypto Week: Blastoff Moment For MicroStrategy, Marathon Digital?
2025 Jul 14, 12:13pm | 513Bitcoin (CRYPTO: BTC) blasted through $123,000 on Monday — just as Capitol Hill kicks off Crypto Week, a rare bipartisan push to pass sweeping digital asset legislation. With the Clarity Act and stablecoin oversight bills set for a vote, investors are eyeing what could be a regulatory green light...
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Tesla And Apple Face Brand-New Wrecking Ball—Thanks To Trump
2025 Jul 14, 9:19am | 491President Donald Trump's latest salvo on trade policy has rattled markets, and auto giants like Tesla Inc. (NASDAQ:TSLA) and big tech like Apple Inc. (NASDAQ:AAPL) may bear the brunt. Trump has floated the idea of imposing 30% tariffs on imports from the European Union and Mexico, two regions that...
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RBA Shocks The Market As Lingering Inflation Blocks A Rate Cut
2025 Jul 14, 9:15am | 1012The Reserve Bank of Australia (RBA) shocked the market last week by holding rates at 3.85%. The market was pricing in a 25bps cut, implying an 88% chance. Still, after a two-day meeting, the central bank cited a cautious inflation outlook, winning the vote by six to three. “The Board judged...