A major real estate finance company recently shared its financial results for the first three months of the year, and the numbers weren’t good. Instead of making a profit, the company lost $56. 1 million. That means it spent more money than it earned during this period. On top of that, each share of
Yesterday, US stock markets wobbled when worries about the Iran ceasefire flared up again. Investors also felt uneasy after a policymaker suggested interest rates might rise faster than expected. This tension caused benchmarks like the Dow Jones and S&P 500 to slip. Just as prices began to slide, a
Federal officials are preparing for a major shift in how marijuana is treated under U. S. law, with changes expected as soon as this week. If approved, this would be the biggest update to marijuana policy in years, making it easier for scientists to study the drug's possible benefits. The push for
The U. S. regulator has just cleared SpaceMobile to launch up to 248 satellites that will hand out cellular internet straight to phones. The move lets the company use low‑band frequencies, 700 MHz and 800 MHz, together with major carriers like Verizon, AT&T and FirstNet. Because of this approval, th
The tech giant Dell Technologies has been climbing the stock market ladder, hitting new peaks that have traders buzzing. Over the past year, its shares have jumped almost 160%, and analysts keep a strong “Buy” stance. A recent scan of market data flagged Dell as one of the top performers, thanks to
Kevin Warsh, a former Fed official, has sparked debate by saying the central bank should stop using forward guidance and its famous dot plot chart. The dot plot shows where each Fed governor expects short‑term interest rates to go, and investors use it to judge company valuations. Warsh argues that
The Greater Boston Chamber of Commerce has released a new study that shows many young adults are planning to leave the area. The survey, which asked 600 residents between ages 20 and 30 across five counties, found that about a quarter of respondents expect to move away in the next five years. This f
Kalshi, a platform where people can bet on future events, has decided to stop three U. S. congressional hopefuls from using its site because they were trading on information about their own races. The company said it had recently added rules to keep politicians from betting on contests they are invo
The price of Bitcoin has stayed near the $75, 000 mark even as news about a possible conflict in the Middle East keeps coming. Recent talks between Iran and the United States have paused, but tensions remain high. Iran’s officials called out Washington for keeping its blockade on Iranian ports a
BlackSky’s shares are closing in on their highest point in a year, sitting just below $40. 62. That’s interesting because most stocks tend to pull back when the market is shaky. But here, the price is holding strong near the top instead of falling. This often means big investors are quietly buying u
