Sen. Elizabeth Warren (D-Mass.) took potshots at billionaires Elon Musk and Jeff Bezos Monday, warning that stablecoin legislation would enable them to "exploit" user data and engage in unfair trade practices.
With tensions continuing to flare in the Middle East, the global energy supply is on tenterhooks, with Israel hitting Iran where it stands to hurt the most.
Morgan Stanley’s James Faucette expects the company to raise the bottom end of its 2025 revenue guidance by 100 basis points, layering in longer-duration managed services contracts.
The analyst suggests setting a stop-loss at ₹1540 to manage downside risk, but said that if the current momentum continues, a breakout above ₹1800 could open the door for further gains.
Markets corrected for Friday’s “panic selling” today, with all major indexes up in the green. The Dow partially filled its -760-point hole from Friday the 13th, up +317 points today, +0.75%.
Benchmarks remained rangebound with real estate and IT leading the gainers. Technicals suggest a potential upside towards 25,350, but caution prevails with external risks, according to analysts.
Core inflation has recently fallen to 2.5%, which is still above the Fed’s 2% target. The Fed has a flexible inflation target. Under that sort of policy regime, inflation should run a bit below 2% during booms and a bit above 2% during recessions.
Eric Trump, the executive vice president of The Trump Organization, denied any involvement with Justin Sun's Tron (CRYPTO: TRX) venture on Monday, which is purportedly planning to go public in the U.S.
The major averages in Asia were mixed in early trading as traders took stock of Wall Street’s gains overnight and stayed wary about the crisis in the Middle East.
The National Labor Relations Board has written to the e-commerce giant to reinstate fired workers and ensure union supporters receive the raises, bonuses, and promotions.
In this video, Ira Epstein discusses the current state of financial markets amid geopolitical tensions and trade issues, highlighting how markets remain resilient despite ongoing tariffs and the conflict between Israel and Iran.
Analysts believe the Nifty must break out of the 24,500–25,200 zone to establish a definitive trend. Until then, volatility and sideways action may persist.
The Pentagon has denied Wisconsin's $18 million grant application for noise mitigation funding to address F-35 fighter jet noise affecting Madison residents, while simultaneously cutting Lockheed Martin Corp. aircraft orders in half amid broader defense budget reductions.
