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US plans to sanction another bank to keep economic pressure on Iran

US plans to sanction another bank to keep economic pressure on Iran

The United States is ramping up its strategy to financially isolate Iran, with Treasury Secretary Scott Bessent announcing plans to target another bank with sanctions this week. This latest move arrives as diplomatic efforts toward

Business
Meta’s AI Infrastructure: Mispriced, Misread, and Massive

Meta’s AI Infrastructure: Mispriced, Misread, and Massive

For months, Wall Street has viewed Meta through a lens of skepticism regarding its massive spending spree on artificial intelligence infrastructure. To some investors, the billions poured into GPUs and energy-hungry data centers look like

Business
Ravens roster cuts: Team releases OLB Adisa Isaac, WR Chris Moore

Ravens roster cuts: Team releases OLB Adisa Isaac, WR Chris Moore

The Baltimore Ravens faced the grueling task of trimming their roster down to the mandatory fifty three players this weekend, resulting in several difficult departures. Among those let go on Sunday were outside linebacker Adisa

Business
FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: August 2026

FSB Chair’s letter to G20 Finance Ministers and Central Bank Governors: August 2026

In a stark warning issued just days before the upcoming G20 summit, Financial Stability Board Chair Andrew Bailey has alerted finance ministers and central bank governors to a precarious global economic climate. In a formal

Business
Tim Cook Steps Down as Apple CEO Tomorrow

Tim Cook Steps Down as Apple CEO Tomorrow

Apple is preparing for a historic transition tomorrow as Tim Cook officially steps down as CEO, marking the conclusion of a fifteen year tenure that transformed the tech giant into a global powerhouse. Since taking

Business
Read Tim Cook’s full memo to Apple employees on his last day as CEO

Read Tim Cook’s full memo to Apple employees on his last day as CEO

Tim Cook officially closed his chapter as the chief executive officer of Apple today, marking the end of an era for one of the most influential companies in history. In an emotional farewell memo sent

Business
Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up

Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up

Prospective homebuyers are facing a tightening market as mortgage rates climb to their highest levels since June 2025. The surge follows renewed hostilities in the Middle East, where escalating conflict involving Iran has sent oil

Business
Trump strikes new drug pricing deals with nine midsized drugmakers

Trump strikes new drug pricing deals with nine midsized drugmakers

President Donald Trump announced on Monday that his administration has secured new voluntary drug pricing agreements with nine midsized pharmaceutical companies, further advancing his effort to tie American medication costs to lower international prices. The

Business
There Are 16 Billion Reasons to Pay Attention to Broadcom Earnings on Sept. 2

There Are 16 Billion Reasons to Pay Attention to Broadcom Earnings on Sept. 2

Investors have had a lukewarm year with Broadcom, watching the stock climb only six percent while the broader S&P 500 surged double that amount. Despite this relative underperformance, all eyes are turning toward September 2,

Business
Can cut-price Shein shine in its long-awaited stock market debut?

Can cut-price Shein shine in its long-awaited stock market debut?

After a grueling multiyear journey marked by political roadblocks and plummeting valuations, fast fashion titan Shein has finally made its long awaited stock market debut in Hong Kong. The listing arrives following unsuccessful attempts to