Trending in Finance
SpaceX Secures Investment-Grade Ratings Amid Post-IPO Stock Volatility
Supreme Court Ruling Triggers Massive US Treasury Tariff Refund Crisis
Micron Earnings to Test Momentum of AI-Fueled Market Rally
Jio Platforms Approves Draft Prospectus for Potential Record-Breaking IPO
All Finance Stories
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US Oil Inventories Hit 20-Year Low, SPR at Half Capacity
US commercial crude stocks fell to 434M barrels, lowest in two decades, with the Strategic Petroleum Reserve at a 28-month low.
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U.S. Adds 172,000 Jobs in May, Double Forecasts; Fed Holds Steady
The U.S. added 172,000 jobs in May, far exceeding expectations. The Fed held rates at 3.5%-3.75%, signaling no cuts in sight.
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Chinese Banks Hike Dollar Deposit Rates to Cap Yuan Gains
Five major Chinese banks raise US dollar deposit rates to curb yuan appreciation and protect exporters.
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Citi Holds Firm on Three Fed Rate Cuts for 2026 Despite Hot Jobs Data
Economist Andrew Hollenhorst maintains forecasts for September, October, and December cuts, betting on a labor market slowdown.
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Chinese Banks Hike Dollar Deposit Rates to Slow Yuan Rally
At least five Chinese banks have raised interest on US dollar deposits to curb the yuan's rapid appreciation, signaling a strategic policy shift.
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Job Data Quashes Rate Cut Hopes, Triggers Broad Market Selloff
U.S. jobs report crushes expected rate cuts as Nasdaq plunges 4.2%. A broad risk-off day.
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Coatue co-founder predicts trillion-dollar IPOs for SpaceX, OpenAI, Anthropic
Thomas Laffont says the 'Magnificent 8' private tech firms hold nearly $4 trillion in value, with SpaceX alone targeting a $1.8 trillion IPO.
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Wall Street's Fear of a Strong Economy: NASDAQ Plunges 4% on Hot Jobs Data
A surprisingly strong May jobs report triggered a massive sell-off on Wall Street, with the NASDAQ dropping 4.2% as rising Treasury yields crushed growth stocks.