US Consumer Confidence Soars in May Amid Hopes for Trade Peace
Consumer confidence in the US rebounded sharply in May, breaking a five-month decline, as Americans grew more hopeful about...
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Tesla Sales Crash 49% in Europe Despite EV Boom
Tesla is rapidly losing ground in Europe — and it’s not just about competition anymore. The EV giant saw...
Even with a 25% tariff, iPhones would be cheaper to make abroad than in US, says Morgan Stanley
Apple’s strategy isn’t changing—even if former President Trump follows through on his threat to slap a 25% tariff on...
Trump Media Confirms $2.5 Billion Crypto Deal – One Day After Denying It Was Real
Yesterday, Reuters and Financial Times reported Trump Media planned to raise $3 billion to buy Bitcoin. Hours later, Trump...
Klarna’s $99M Loss, “Buy Now, Pay Later” Reality: Debt, Defaults, and Delayed IPO
As more Americans finance groceries and takeout, Klarna faces surging defaults, regulatory rollbacks, and questions about its future. Swedish...
What to Watch This Week: Nvidia Earnings, PCE Inflation, Fed Signals, and Trump’s Tariff Threats
Markets are entering a high-stakes week, fresh off a sharp pullback driven by rising Treasury yields, growing fiscal concerns,...
Trump Media Slams $3B Crypto Report as “Fake News”
On Monday, Financial Times and Reuters reported that Trump Media & Technology Group (TMTG) — the parent company behind...
China has quietly relaxed export restrictions on rare earth elements
China has relaxed its export restrictions on critical rare earth materials such as neodymium and terbium, a quiet policy...
Hedge funds are shorting stocks again, boosting leverage to new record
Biotechs, regional banks, and ETFs are top bearish targets as hedge funds borrowing surges Hedge funds are diving back...
Trump says he’ll delay a threatened 50% tariff on the European Union until July
President Donald Trump announced Sunday that the planned 50% tariff on EU goods—originally set to begin June 1—will now...