Tag: business news
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House expected to pass affordable housing bill, send it to Trump’s desk
The House on Tuesday could give final passage to a bill aimed at lowering costs for homebuyers and reining in private equity.
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South Korea’s stock market just had one of its worst days ever. Why Morgan Stanley says it’s not breaking down
The Kospi index fell about 10% in Tuesday’s session, marking its worst session since March.
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Alphabet added to Dow Jones Industrial Average, replacing Verizon
Alphabet will replace Verizon in the Dow Jones Industrial Average.
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CFTC sues Kentucky over actions against prediction markets, making it first red state to face federal scrutiny
The commission has now sued nine states in total in its battle to defend what it sees as its exclusive right to regulate event contracts.
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Bill Gates testimony on Jeffrey Epstein ties released by House oversight panel
“I should never have met with Epstein in the first place,” Bill Gates told members of the House Oversight and Government Reform Committee.
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FedEx posts strong earnings results in last quarter with freight business
FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company’s last quarter that included the freight business before its spin-off.
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An AI price war could steal the thunder from pending Anthropic, OpenAI IPOs
Companies are bemoaning AI’s hefty price tag, and some are looking at cheaper models that are nearly as good.
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SpaceX shares are in turbulent times, but this ETF aims to generate income for investors
The Kurv SpaceX Enhanced Income ETF (XSHP) began trading last Wednesday, making it the first covered-call ETF playing on the SpaceX theme.
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Mamdani-backed candidates are likely to win in NYC primaries, prediction market traders expect
Voters are heading to the polls in New York, with four competitive races in Democratic congressional primaries in focus.
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PGA Tour CEO Brian Rolapp unveils sweeping changes to professional golf
Changes to the PGA Tour are designed to elevate competition and raise payouts for winners.
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