Business

Morgan Stanley Lifts Robinhood Target to $150, Sees 43% Upside

Morgan Stanley raised its Robinhood price target to $150 from $124 on September 1, citing 43% upside from deeper user monetization rather than crypto.

Trump Warns Communities Opposing AI Data Centers Risk Becoming ‘Backwards and Poor’

President Trump warned US communities rejecting AI data centers risk becoming 'backwards and poor,' as local resistance grows ahead of November's midterms.

Trump Says Exxon Entering Venezuela as US Claims 65 Billion Barrels

Trump said Friday the US secured majority control of 65 billion barrels of Venezuelan reserves and that Exxon would return, though gas prices are unlikely

Bessent Urges Japan to Hike Rates and Strengthen Yen

US Treasury Secretary Scott Bessent called on Japan to raise interest rates and steady its finances, pointing to a possible Bank of Japan hike in September

Pentagon Gets 35% Stake in Venezuela Oil Firm Under $100 Billion Deal

The White House confirmed a Venezuela oil deal granting the Pentagon a 35% stake and NABEP 100-year concessions over 17 fields holding 65 billion barrels.

How AI is Helping Businesses Adapt to Complex Global Trade and Tariffs

Businesses are increasingly turning to artificial intelligence (AI) tools to manage the growing turbulence in global trade and supply chains. As international tariffs and...

JPMorgan CEO Jamie Dimon Warns of Underestimated Economic Risks Amid Market Complacency

JPMorgan Chase CEO Jamie Dimon expressed concerns that markets and central bankers are underestimating the risks posed by record U.S. deficits, tariffs, and rising...

JPMorgan’s 2025 Summer Reading List Highlights Curiosity and Next-Generation Wealth Education

JPMorgan’s 2025 summer reading list, a highly anticipated annual selection favored by affluent readers, features a diverse lineup of 16 books covering topics such...

Fanatics Fest 2025 to Feature Star-Studded Skills Competition with Million-Dollar Prizes

Fanatics is set to host an exciting skills-based competition at Fanatics Fest 2025, scheduled for June 20-22 in New York City, where fans will...

Home Depot Maintains Full-Year Sales Forecast Amid Tariff Challenges

Home Depot reaffirmed its full-year sales forecast while announcing it does not plan to raise prices despite ongoing tariffs affecting imports. The company’s Chief...

Levi Strauss Sells Dockers to Authentic Brands Group for $311 Million

Levi Strauss has agreed to sell its Dockers brand to Authentic Brands Group for $311 million, marking a significant strategic shift for the iconic...

Cadillac EV Lineup Gains Momentum with Increasing Tesla Owners Switching Brands

Cadillac’s growing all-electric vehicle lineup is drawing a significant number of new buyers to the American luxury brand, including a rising share of Tesla...

NFL Plans to Expand International Games and Embrace Private Equity Investment

NFL Commissioner Roger Goodell recently revealed ambitious plans for the league to significantly expand its international presence, projecting that as many as 16 regular-season...

FDA Introduces Stricter Approval Standards for Covid-19 Boosters, Targeting High-Risk Groups

The Food and Drug Administration recently introduced new regulatory guidance that tightens approval standards for future Covid-19 vaccine boosters, particularly for healthy Americans. Under...

Walmart Warns Tariffs Will Raise Prices Amid Tensions with White House

Last month, Walmart downplayed the impact of President Donald Trump’s tariffs during an investor event, drawing comparisons to past challenges like the aftermath of...

Toyota to Offer 2026 RAV4 Exclusively as Hybrid and Plug-In Hybrid Models

Toyota Motor revealed that the 2026 Toyota RAV4, the best-selling SUV in the United States, will be offered exclusively as a hybrid or plug-in...

Canada Goose Shares Surge After Strong Q4 Earnings Despite Withdrawing 2026 Outlook

Canada Goose saw its shares rise nearly 20% following the release of fiscal fourth-quarter earnings that surpassed analysts’ expectations, although the company withdrew its...

Lowe’s Maintains Full-Year Outlook as Pro Sales Offset Slower DIY Demand

Lowe’s confirmed its full-year sales forecast amid mixed sales trends, as robust demand from home professionals helped counterbalance slower spending by do-it-yourself customers. The...

Target Lowers Full-Year Sales Outlook Amid Consumer Challenges and Tariff Pressures

Target has lowered its full-year sales outlook as it grapples with a combination of economic pressures, shifting consumer behavior, and internal challenges. The retailer...

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