Markets
StubHub Stock Plunges 13% After D.C. Caps Ticket Resale Markups
StubHub Holdings (NYSE: STUB) saw its stock drop 13% this week following a new Washington, D.C. law capping secondary ticket markups, sparking...
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Investing
AI Bubble Fears: Data Challenges Dot-Com Parallels
Recent analysis suggests current market dynamics, including AI investment and concentration, differ significantly from the dot-com bubble, despite some investor concerns.
Finance
Chicago Fed Explores Snap-On’s Century of Manufacturing Success
The President of the Chicago Federal Reserve Bank visited Wisconsin's Snap-On Tool company this week to study its 'secret sauce' of innovation...
Markets
ECB Pauses Rate Hikes Next Week, Final September Increase Expected
Economists predict the European Central Bank will hold rates next week before a final quarter-point hike in September, aiming for 2.5% amid...
Stocks
Molson Coors Declares Regular Quarterly Dividend
Molson Coors Beverage Company's Board of Directors has declared a regular quarterly dividend of US$0.48 per share on its Class A and...
Stocks
Constellation Energy Backs Nuclear Startup Blue Energy
Constellation Energy's venture arm has invested in Blue Energy, a developer of prefabricated nuclear power plants. This marks the venture's first U.S....
Investing
Aer Lingus Proposes 500 Job Cuts in Cost-Saving Overhaul
Aer Lingus plans to cut up to 500 jobs, including 290 head office roles, 140 cabin crew, and 70 pilots, as part...
Stocks
UnitedHealth AI Powers All Functions, Drives 55% Operating Earnings Growth
UnitedHealth Group has integrated AI across every business function, from claims to patient interactions, leading to a 55% surge in Q2 operating...
Stocks
Brookfield Shareholders Approve Corporate Structure Simplification
Brookfield Corporation shareholders approved a transaction to simplify its corporate structure and elected all director nominees. The new parent entity, Brookfield Corporation...
Stocks
Alcoa Targets $900M AliGroup Synergies, Cuts 2026 Alumina Output
Alcoa Corporation projects approximately $900 million in NPV synergies from its AliGroup acquisition, while simultaneously lowering its 2026 alumina output forecast to...
Investing
UK Economy Rebounds 0.1% in May, Fragility Persists Amid Geopolitical Tensions
The UK economy grew by 0.1% in May, reversing April's contraction, driven by services despite impacts from the Iran war. Analysts warn...
Markets
Kospi Plunges 6.4% as Asian Shares Decline, Oil Prices Slip
Asian equity markets broadly declined Thursday, led by South Korea's Kospi plunging 6.4% amid a rate hike and tech sell-off. Oil prices...