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The US Strategic Petroleum Reserve is under mounting strain as massive stockpile releases tied to conflicts in the Middle East and Europe have stressed infrastructure that federal auditors say is overdue for repair. The reserve fell this week to its lowest level since March …
Visa, which operates the world's largest payments network, plans to cut approximately 7% of its workforce as CEO Ryan McInerney moves to streamline operations and redirect investment toward growth priorities, according to an internal memo confirmed by a person with direct knowledge of the …
Federal Reserve Chairman Kevin Warsh appears unlikely to oversee an interest rate increase at this week's meeting, even as investors price in a nearly 40% chance of a hike according to CME FedWatch. Warsh has committed to ending forward guidance, meaning he will not …
Apple customers in the US will soon be able to lease an iPhone for up to two years through a new program called Upgrade, developed in partnership with buy now, pay later provider Klarna, with pricing starting at $17.99 per month. The offering will …
Traders on prediction market platform Kalshi believe Meta (NASDAQ:META) will use its upcoming earnings call to spotlight its expanding cloud computing ambitions, with a mentions market assigning 91% odds that management will say the word "cloud" during the call. The pricing follows a Bloomberg …
The Massachusetts trial of Lindsay Clancy, accused of killing her three children, has attracted considerable public attention and impacted investor sentiment. Clancy's defense centers on whether postpartum psychosis may have affected her behavior, introducing a complex psychological element to the case. As the trial …
Oceana's annual SeaChange Summer Party, held on July 25, 2026, achieved a significant fundraising milestone, raising more than $1.7 million. The event took place at a private estate in Laguna Beach, California, coinciding with the 25th anniversary of the organization. This impressive amount showcases …
The temporary pause in hostilities between the U.S. and Iran marks a critical juncture in ongoing peace negotiations, potentially calming volatility in financial markets. Confirmation of the truce aims to pave the way for fruitful discussions, although allegations of hurdles emerged over the weekend. …
The S&P 500's latest CAPE (Cyclically Adjusted Price-to-Earnings) ratio averaging 40.9 has raised significant red flags for investors, suggesting a troubling market trend reminiscent of the dot-com bubble. This figure is the highest since 2009, indicating excessive market valuation. Such a high CAPE ratio …
The Supreme Court now occupies a historic low in public favor, a shift driven largely by eroding support among Republican voters. This downturn follows a series of contentious rulings on tariffs, birthright citizenship, and Federal Reserve authority that have alienated core constituents. Investors are …
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