Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees
Regulators claim Amazon artificially bumped up floor prices during peak shopping periods, adding surcharges to merchants’ ad spending.
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BREAKING: Army Secretary Dan Driscoll OUT Amid Tension with Hegseth
US Army Secretary Dan Driscoll has resigned from his role, according to The Wall Street Journal. The post BREAKING:…
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Ares Raises $3.8 Billion for Japan-Focused Logistics Fund
Ares Management Corp has raised ¥612 billion ($3.8 billion) for its latest Japan-focused logistics development fund, in…
Read at source →Stocks, Bonds Fall as Oil Jumps on US-Iran Jitters: Markets Wrap
A surge in oil prices rippled through global markets, hitting stocks and bonds on worries that higher energy costs will…
Read at source →Japan Bonds Face Test at 10-Year Sale as Yield Approaches 3%
Japan’s auction of 10-year government bonds on Tuesday will test demand for this key maturity as yields approach the…
Read at source →Australia Raises Wheat Crop Forecast as Export Demand Picks Up
Australia raised its wheat crop forecast after strong winter rains improved growing conditions, just as the worsening…
Read at source →Amazon secretly inflated ad prices, the FTC and 22 states allege in a lawsuit
More than 1 million advertisers were affected, the suit says. The online retailer says the Federal Trade Commission’s…
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Turns out tariff refunds giving temporary jolt to economic growth
Tariff refunds provided a temporary boost to the U.S. economy and could account for a small portion of the 4% projected…
Read at source →Live: Oil prices surge on latest US-Iran flare-up, ASX slips as housing slump continues
The latest flare-up in hostilities between the US and Iran have led to a 3 per cent surge in the oil price. The…
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Trump Suggests He Won’t Try to Talk Warsh Out of Rate Hike
President Donald Trump declined to criticize Federal Reserve Chair Kevin Warsh for suggesting he might raise interest…
Read at source →Hedge Fund Disclosure Deadline Delayed Again by SEC, CFTC
US regulators delayed for the fourth time additional hedge fund disclosure requirements that are meant to inform…
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The S&P 500 usually falls in September. Why this year should be different.
As U.S. stocks head into September, a key trading level suggests the S&P 500 could dodge a big loss in what is…
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Amazon rigged $20bn worth of ad prices, US lawsuit alleges
Amazon responded to the lawsuit, arguing the US Federal Trade Commission "misunderstands" their ad market.
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Young Kalshi users have traded an estimated $3.9B on sports and parlay-type contracts this year, exposing a loophole that lets them bet before age 21
Critics warn prediction markets let 18-year-olds make sports wagers while bypassing state betting age limits.
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Economy grew 7.8% in Q1 despite Iran crisis and El Nino conditions
India's economy recorded impressive growth of 7.8% during the April to June quarter, driven by a thriving manufacturing…
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Trump announced a massive oil deal with Venezuela. Why it won't lower gas prices anytime soon
President Donald Trump announced Friday that the U.S. secured majority control over 65 billion barrels of Venezuela's…
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FTC and 22 states sue Amazon over alleged ‘hidden surcharges’ for advertisers
The Federal Trade Commission and a bipartisan coalition of 22 states sued Amazon on Monday for allegedly misleading…
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Bessent met with Russian counterpart at G20
ASHEVILLE, N.C. — Treasury Secretary Scott Bessent met with Russian Finance Minister Anton Siluanov on the sidelines of…
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WATCH: Trump says Fed Chair Warsh will 'do what he has to do' on possible rate hikes
Trump suggested he's not necessarily opposed to Federal Reserve Chair Kevin Warsh raising interest rates because of…
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E&Y to award $100 million in bonuses for workers who show people skills
Management consulting firm EY said it will reward employees who demonstrate human skills, such as business acumen and…
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Trump Account holders may receive $250 Dell grant starting Monday, Dell Foundation says
Eligible children with Trump Accounts will start receiving the $250 Dell gift this week, according to the Dell…
Read at source →ETFs Are an Engine of Growth, Says T. Rowe Price’s Sawyer
Dee Sawyer, head of global distribution at T. Rowe Price says ETFs are an engine of growth for the firm. She also talks…
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PBR promises thieves who return 40,000 pounds of stolen beer by next Tuesday ‘no questions asked.’ That won’t stop California prosecutors
That’s roughly 34,000 cans of beer worth about $70,000, according to police.
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KKR-backed OPI nail polish owner Wella Co. files for U.S. IPO
The hair and nail care firm joins a growing list of consumer companies looking to tap investor interest in public…
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FTC sues Amazon, alleging it overcharged advertisers
The FTC and 22 states on Monday accused retail giant Amazon of deceiving businesses by overcharging prices to advertise…
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Tesla’s stock among S&P 500’s top gainers as investors prepare for a Cybercab launch
The company is seemingly getting closer to rolling out a vehicle that comes without a steering wheel or pedals.
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Dow tumbles 370 points after U.S. strikes Iran, but index posts fifth straight winning month
Stocks fell on Monday after the U.S. and Iran traded fire for the first time in a month, though the major averages…
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Bessent pushes back on Druckenmiller critique of bond intervention
Bessent, at a G20 finance meeting, told CNBC he spoke with Stanley Druckenmiller after his critical op-ed was published…
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With Warsh running the Fed, should bond investors be worried?
The usually drama-free investment vehicle, U.S. government debt, is now causing some concern.
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Trump approval dips to new low as Iran war weighs on support: Poll
President Trump’s approval rating sank to a new low in a University of Massachusetts (UMass) Amherst poll as the Iran…
Read at source →Brookfield Lines Up a $600 Million Payout in Niche Market
HomeServe is in early discussions with lenders for an asset-backed transaction that would pay owner Brookfield Asset…
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How to profit from September stock-market weakness
Some industries do well in September, despite overall market weakness.
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Avoid these potential earnings 'blow-ups', says Wolfe Research
Several indicators may herald earnings disappointments at multiple companies, according to Wolfe Research. Here are…
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Trump's plan for economic D-day for Iran has one big hole: China
The Trump administration says it's asking countries to voluntarily cut off business with Iran to squeeze its economy…
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Bessent Claims Canada Is Too Small to Fight a Trade War With the U.S.
At gathering of G20 finance ministers, the Treasury secretary accused Canada’s prime minister of starting a “political…
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