Money 101 for new college graduates
By Lauren YoungNEW YORK – This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every other week. Sign up here to receive it for free.My social media feeds are filled with Class of 2025 college...
Analysis-Moody’s downgrade intensifies investor worry about US fiscal path
By Davide BarbusciaNEW YORK (Reuters) -A U.S. sovereign downgrade by Moody’s has exacerbated investor worries about a looming debt time-bomb that could spur bond market vigilantes who want to see more fiscal restraint from Washington. The ratings agency cut...
US Treasury’s Bessent to attend G7 finance meeting, focus on imbalances
By David LawderWASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent will attend the Group of Seven finance leaders’ meeting in Canada next week and will seek to refocus the group on addressing trade imbalances and non-market economic practices, a Treasury...
Capital One to pay $425 million to settle litigation over savings accounts
By Jonathan Stempel(Reuters) -Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they could move their money to higher-yielding accounts.A...
US FAA to announce temporary flight cuts at Newark after airline meetings
By David ShepardsonWASHINGTON (Reuters) -The Federal Aviation Administration said Friday it plans to announce proposed temporary cuts to flights at Newark after meetings with major U.S. airlines to address congestion impacts.The FAA held three days of one-on-one...
Tesla blocks stockholders with less than 3% shares from suing officers on its behalf
(Reuters) -Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric vehicle maker for breach of duties, according to a filing with the U.S. Securities and Exchange Commission on Friday.Three percent...
Nvidia CEO says next chip after H20 for China won’t be from Hopper series
By Wen-Yee LeeTAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday.Asked what...Hidden Gem’s – Tomorrow’s Market Secrets – Delivered Today
Market Briefing As we head into the back half of May, traders are juggling a mix of macro catalysts and sector-specific stories. CPI data gave some signs of cooling, but the market remains uncertain about the Fed’s next steps. Tech is showing resilience, energy...