Finance & Business News

Stock futures rise after S&P 500 sets new record, Wall Street heads for winning week: Live updates - CNBC

The moves come after Wall Street saw a winning session, with the S&P 500 posting fresh intraday and closing records.

American Express surpasses profit expectations on robust spending - Yahoo Finance

(Reuters) -American Express surpassed Street estimates for second-quarter profit on Friday, fueled by resilient spending from its affluent cardholders. The ...

‘Even God would get fired.’ The lessons this fund manager is taking from stock-market drawdowns and recoveries. - MarketWatch

Akre Capital’s John Neff said he has been increasing cash holdings this year

FDA panel backs menopausal hormone therapy - Axios

The meeting highlighted an area of particular interest for FDA commissioner Marty Makary.

Union Pacific Considering a Norfolk Southern Buyout: Report. - Barron's

Stablecoin regulation bill heads to Trump's desk - Axios

The GENIUS Act marks the first cryptocurrency bill to clear both chambers of Congress,

Bitcoin Back Above $120K as Clear Crypto Policy ‘Invites’ Capital, Institutions - Decrypt

Bitcoin has slowed following a profit-taking dip, but investor conviction is rising as U.S. lawmakers advance new crypto legislation.

What to know about corn syrup as Trump pressures Coca-Cola to ditch it - The Washington Post

High-fructose corn syrup, widely used in U.S. food products, has the same nutritional value as sugar, experts say.

Pentagon’s China-style rare earths deal triggers industry backlash - Financial Times

Executives and officials criticise US government deal to buy into country’s only producing rare earths company

A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month - CNN

A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers pushing to keep rates steady.

Sarepta Says Another Patient Died After Receiving Gene Therapy - Bloomberg

Sarepta Therapeutics Inc. said another patient has died from acute liver failure after receiving one of its gene therapies, putting additional pressure on the biotech company after the recent deaths of two teenage boys.

Plane makes emergency landing after passenger tries to open door during flight - CNN

A regional jet made an emergency landing in Cedar Rapids, Iowa, on Thursday evening after a passenger tried to open an emergency exit door and got into an altercation with a flight attendant.

Why the White House is attacking Jerome Powell over the ‘Taj Mahal on the National Mall’ - ABC News - Breaking News, Latest News and Videos

Settlement reached in investors' lawsuit against Meta CEO Mark Zuckerberg and other company leaders - NPR

A settlement has been reached in a class action investors' lawsuit against Meta CEO Mark Zuckerberg and company leaders over claims stemming from the privacy scandal involving Cambridge Analytica.

Trump’s U-Turn on Nvidia Spurs Talk of Grand Bargain With China - Bloomberg

Only a few years ago, the Biden administration declared export controls a “new strategic asset” to help the US maintain “as large a lead as possible” over China in advanced technology. President Donald Trump is now upending that approach.

Beef prices have soared in the US — and not just during grilling season - AP News

Anyone firing up the grill this summer already knows hamburgers and steaks are expensive, but the latest numbers show prices have climbed to record highs. And experts say consumers shouldn’t expect much relief soon either. According to U.S. government data, t…

Trump eyeing executive order to allow crypto, gold, and private equity in 401(k) retirement plans: report - The Block

Trump's potential executive order would follow other federal agencies softening their stance in allowing crypto into retirement funds.

Netflix says it’s streamed 95 billion hours in 2025, and a lot of ads too - The Verge

Netflix says it’s on track to “double” revenue earned from advertising in 2025, according to its Q2 2025 earnings results.

US Set to Impose 93.5% Tariff on Battery Material From China - Bloomberg.com

The US Commerce Department will impose preliminary anti-dumping duties on imports of Chinese graphite, a key battery component, after concluding that the materials had been unfairly subsidized.

Uber Stock Falls As Wall Street Sizes Up Robotaxi Deal With Lucid - Investor's Business Daily

Uber stock is lower for a seventh straight day despite announcing a plan to launch a new robotaxi service with Lucid, Nuro.

How China created a chokehold on the rare earths industry - NPR

China has been able to entirely cut off Europe and the U.S. from several critical rare earth metals. How did it develop such a stranglehold on an industry the U.S. once controlled?