Trump floats manufacturing ambassador, while his Deere tariff threat draws flak from Mark Cuban
Republican presidential nominee Donald Trump on Tuesday offered promises to reverse offshoring by U.S. manufacturers, while Democratic rival Kamala Harris’s campaign deployed prominent supporter Mark...
5-year Treasurys tend to beat cash after first Fed rate cut, this chart shows
For investors considering moving out of cash now that the Federal Reserve has started cutting interest rates, returns from the U.S. Treasury bond market have...
Costco made these subtle changes, adding enough ‘friction’ to prompt a downgrade
Shares of Costco Wholesale Corp. pulled back Tuesday, after Truist analyst Scot Ciccarelli recommended investors stop buying due to concerns that historically rich valuations increase...
Elon Musk says humans could soon be heading to Mars. This former astronaut begs to differ.
“I wish he was right, but the reality is that Mars travel, for people, is very risky right now and all the risks are not...
Justice Department accuses Visa of debit network monopoly that impacts price of ‘nearly everything’
Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
SEC charges TrustToken and TrueCoin for defrauding investors
SEC filed charges against TrueCoin and TrustToken over fraud and offering of unregistered investment contracts. TrueCoin issued the TrueUSD (TUSD) stablecoin, while TrustToken operated the...
Ark Invest sells $2.8M of its own Spot Bitcoin ETF amid market shifts
Ark Invest sold 44,609 shares of its ARKB Spot Bitcoin ETF for $2.8 million as part of a rebalancing strategy. The firm retains $139.7 million...
US spot Ethereum ETFs see largest daily outflows Since July
Overall, US spot Ethereum ETFs saw $79.21 million in outflows on Monday, the largest since July. Grayscale’s ETHE recorded a significant $80.55 million outflow on...
Novo Nordisk CEO spars with lawmakers over Ozempic, Wegovy prices
The CEO of Novo Nordisk faced pointed questions about the cost of Ozempic and Wegovy on Capitol Hill Tuesday, as lawmakers pressed the Danish pharmaceutical...