Missouri is the first state to exempt capital gains, representing a major step in its broader policy goal of eliminating state income taxes.
Residential home builders are resorting to deep price cuts and incentives as high mortgage rates and record home prices lead to a surge in cancelled contracts.
Alphabet's cloud growth faces a massive regulatory wall as DOJ antitrust proceedings threaten to stall the stock despite its pivotal role in the AI ecosystem.
Investors rotate out of concentrated tech stocks toward rate-sensitive sectors as the Federal Reserve signals potential cuts.
PDD Holdings sees profits drop 21% as competition and rising costs threaten the Temu business model.
