IMF Warns Industrial Policies Carry Major Risks Despite Growth Potential
The IMF says subsidies can help strategic sectors—but they may also misfire, driving up costs, distorting competition, and draining...
Welcome to the Trending News section of Finblog.com, where we bring you only the most impactful and carefully selected news stories from the financial world. Our team of experts meticulously curates each article to ensure you receive the most relevant and significant updates that truly matter.
Stocks Hit New Records, Then Cool as ISM Services Stalls
Wall Street opened on a burst of AI euphoria and notched fresh intraday records Friday, but gains faded after...
Trump Pushes Pharma, AI, Energy and Mining Deals Ahead of Midterms
President Donald Trump is accelerating efforts to lock in high-profile corporate deals across 20 to 30 strategic industries, aiming...
Gold Pulls Back From Record Highs, but Goldman Sees More Upside Ahead
Gold meteoric rally cooled on Thursday, with prices slipping nearly 1% after comments from Federal Reserve officials tempered expectations...
US Hiring Plans Sink to Lowest Since 2009 as Layoffs Pile Up
The US labor market showed fresh signs of strain in September, with hiring plans plunging to their weakest level...
Stock Market Today: Nasdaq Leads Modest Gains as Shutdown Enters Day 2
The US stock market opened Thursday in mixed territory, with the Nasdaq inching higher while the Dow and S&P...
OpenAI Surges to $500 Billion Valuation, Overtakes Musk’s SpaceX
OpenAI has hit a new milestone, securing a $500 billion valuation through a secondary share sale, making it the...
Robinhood CEO Vlad Tenev: Tokenization ‘Freight Train’ Will Reshape Global Finance
At Singapore’s Token2049, Robinhood doubled down on its bet that blockchain will transform stocks, real estate, and beyond. Robinhood...
Tesla Tops Q3 Delivery Estimates With Record 497,099 Vehicles
Tesla (TSLA) reported record third-quarter deliveries of 497,099 vehicles, far exceeding Bloomberg’s consensus estimate of 439,600. Deliveries rose 7.4%...
FICO Stock Soars as Direct Licensing Shake-Up Hits Credit Bureaus
Shares of Fair Isaac Corp (NYSE: FICO) surged as much as 26% on Thursday after the company unveiled a...