- You Might Have to Work from the Office Again—But Hey, They Might Let You Wear Jeansby Sarina Trangle on 19th June 2025 at 9:00 am
Ben Montgomery / Getty ImagesKey TakeawaysSales of jeans may grow as more employers institute return-to-office mandates because workplace dressing norms have grown more casual, UBS said.The rush to buy pants that nod to the American West is fueling […]
- Microsoft Stock Just Hit a Fresh High; Company Plans to Trim Thousands of Jobs, Report Saysby Kara Greenberg on 18th June 2025 at 9:35 pm
Erik McGregor / Contributor / Getty Images Microsoft's stock has added about 14% year-to-date, making it one of the best-performing Magnificent Seven members in 2025 behind MetaMicrosoft (MSFT) is reportedly planning to trim thousands of jobs, […]
- Texas Instruments Plans To Invest $60B in US Amid Trump Push for Domestic Manufacturingby Andrew Kessel on 18th June 2025 at 8:59 pm
NurPhoto / Getty Images Texas Instruments' $60 billion investment includes seven facilities at sites in Texas and UtahKey TakeawaysTexas Instruments said it plans to invest over $60 billion in U.S. semiconductor production.The investment includes […]
- S&P 500 Gains & Losses Today: Coinbase Stock Surges, Credit-Card Shares Retreatby Michael Bromberg on 18th June 2025 at 8:56 pm
Lionel Bonaventure / AFP via Getty Images Shares of Coinbase Global were the top performers in the S&P 500 on Wednesday.Key TakeawaysThe S&P 500 ended Wednesday with a loss of less than 0.1% on Wednesday, June 18, 2025, as the Fed held […]
- Fed's Latest Economic Projections Hint at Stagflation Concernsby Terry Lane on 18th June 2025 at 8:56 pm
Investopedia / Photo Composite by Alice Morgan / Getty ImagesThe Federal Reserve officials stuck to their interest rate expectations this week, but shifted their economic outlook in their latest economic projections.The Federal Reserve Open Markets […]
- 4 Reasons The Fed Isn't Cutting Interest Ratesby Diccon Hyatt on 18th June 2025 at 8:42 pm
Win McNamee/Getty ImagesKey TakeawaysFederal Reserve Chair Jerome Powell spent much of a press conference Wednesday afternoon explaining why the Fed hasn't cut interest rates despite cool inflation in recent months.Fed critics, including President […]
- U.S. Steel Had the Stock Ticker Symbol ‘X’ For a Century. Who Gets It Now?by David Marino-Nachison on 18th June 2025 at 8:06 pm
Getty Images X is now one of six single-letter symbols not in use.U.S. Steel has been acquired. That raises the inevitable question: Who gets the X?The deal, which makes the American company part of Nippon Steel, has closed, the companies confirmed […]
- The GENIUS Act Could Have Interest-Rate Implications. Here's How.by Colin Laidley on 18th June 2025 at 7:40 pm
Al Drago / Bloomberg / Getty Images Citigroup estimates the stablecoin market could total $1.6 trillion by 2030.Key TakeawaysThe Senate on Wednesday passed the GENIUS Act, which establishes rules for stablecoin issuers, including a requirement that […]
- Oppenheimer Thinks Roblox Stock Can Rise Back to Multiyear Highsby Sarina Trangle on 18th June 2025 at 7:15 pm
Cheng Xin / Getty Images Roblox has attracted users with the 'Grow a Garden' game.Key TakeawaysOppenheimer raised its price target for Roblox shares to $125, a number its shares haven't been near since late 2021.The analysts said the gaming […]
- Federal Reserve Holds Key Interest Rate Steadyby Diccon Hyatt on 18th June 2025 at 6:08 pm
3000ad / Getty Images As widely expected, the Federal Reserve voted to hold its influential interest rate steady on Wednesday.Key TakeawaysThe Federal Reserve kept its key interest rate steady at a range of 4.25% to 4.5% Wednesday, as financial […]
- Builders Falter Under High Costs as Housing Starts Fall to Pandemic Levelsby Terry Lane on 18th June 2025 at 5:21 pm
Jordan Vonderhaar / Bloomberg / Getty Images Housing starts fell 10% in May to the lowest level since construction stalled at the outset of the pandemic.Key TakeawaysHousing starts fell almost 10% in May to come in at the lowest levels since 2020, […]
- TKO Group Stock Jumps as Analysts Outline Bullish Views on UFC, WWE Parentby Aaron McDade on 18th June 2025 at 5:05 pm
Monica Schipper / Getty Images TKO Group Holdings owns World Wrestling Entertainment and the Ultimate Fighting ChampionshipKey TakeawaysTKO Group Holdings stock was among the biggest gainers on the S&P 500 Wednesday afternoon.Analysts from […]