Tag: business news
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Bitcoin at ‘critical technical battleground’ with potential 30% further drop, strategists say
Bitcoin’s $60,000 level will be critical to watch in the coming months, one strategist says. Another sees downside to $40,000.
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Samsung, SK Hynix shares fall as investors brace for reported $1.3 trillion spending plans
Shares of Samsung Electronics and SK Hynix plunged after reports surfaced that the pair are expected to unveil investment plans worth hundreds of billions of dollars.
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IRAs hold trillions more than 401(k) plans — yet people hardly save in them
Investors are increasingly rolling money from 401(k) plans to IRAs. Some observers fear they’re exposed to poor investment advice.
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Morgan Stanley says salt is the new oil. Here’s why and how to play it
Salt can become as sought-out as oil amid a boom in demand for sodium-ion batteries, according to the firm.
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Seniors in Medicare are about to get landmark obesity drug coverage — but many may not know it yet
Many seniors may be unaware of the landmark coverage shift starting on July 1, with limited advertising seen from the government or Eli Lilly and Novo.
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Trump says he is nominating former Oklahoma state trooper Lance Schroyer as ICE director
The nomination comes after former ICE director Todd Lyons resigned at the end of May. David Venturella has been serving as the acting head of the agency.
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Pinterest has taken a beating in recent years. This analyst thinks it’s time to buy
Pinterest has been fallen 24% this year, but analysts are split whether to buy or sell this stock
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Trump admin allows Anthropic to release Mythos AI model to some companies, government agencies: Reports
Anthropic disabled access to its Fable 5 and Mythos 5 models to comply with a government export control directive citing “national security authorities.”
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U.S. strikes Iran after Trump accuses Tehran of ceasefire violation in Strait of Hormuz
The attack comes as the United States and Iran are supposed to be engaging in a 60-period of no hostilities as they hold talks to end their war.
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Walmart heir Lukas Walton buys minority stake in the Chicago Bulls and United Center
Lukas Walton is the 39-year-old grandson of Walmart founder Sam Walton. He and Samantha Walton are residents of Chicago.
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