Barrel Breakdown As Global Trade War And OPEC+ Push Oil To Three-Year Lows
Global oil prices fall to three-year lows as new tariffs spark demand fears and OPEC+ ramps up production.
Chinese Goods Now Face Crushing 54% Tariff Rate
New 54% tariffs on Chinese goods spark market sell-off, hitting tech and retail giants as trade tensions between the US and China escalate further.
USD Coin Issuer Circle Files for IPO Amid Renewed Interest in Stablecoin Industry
Stablecoin issuer Circle has filed for an IPO, seeking a $5B valuation amid growing institutional interest in blockchain and real-world assets.
CoreWeave’s Downsized, Disappointing IPO Has Stirred Up Anxieties Around AI — Leaving Investors Questioning Whether the Boom is Going Bust
CoreWeave's downsized IPO highlights growing investor skepticism regarding the sustainability of the AI boom and potential data center overcapacity.
Far-Right Media Outlet Newsmax Explodes Over 2,000% In First Two Days of Trading
Newsmax shares surged over 2,000% following its public debut, pushing the company to a $20 billion market cap despite poor financial fundamentals.
Weeks After Redfin Acquisition, Rocket Makes $9.4B Deal for US’s Largest Loan Service
Rocket Companies is acquiring Mr Cooper Group for 9.4B, aiming to consolidate the home mortgage and servicing experience under one entity.
Petco Rebuilds Its Bark as 86.4% Earnings Beat Sparks Stock Rally
Petco stock rallied sharply after the company posted an earnings beat and provided a bullish EBITDA forecast for 2025 under its new CEO's turnaround plan.
Washington State Is Considering Nation’s First Wealth Tax — Adding New Levies To State’s Popular “Tax the Rich” Policy
Washington state lawmakers are weighing a new 1% wealth tax on assets over $50M as the region faces an ongoing $13B budget deficit.
Electricity Surges As America’s New Economic Lifeblood
US electricity demand is surging as AI, EVs, and data centers force a massive shift in energy infrastructure and investment priorities.
Fidelity Dives Into Stablecoins As Trump Launches Rival Token
Fidelity plans to launch a stablecoin and tokenized money market fund, signaling a shift in crypto adoption as Trump's ventures spark regulatory debate.
Immigrants in the US Paid $651.9B in Taxes in 2023 — That Big Contribution Could Be in Trouble Because of Deportations
Immigrants contribute hundreds of billions in taxes annually, but deportation fears could create a major revenue hole for the US government.
