Hurricane Erin is making its way north in the Atlantic, hundreds of miles off the coast. It's bringing some serious trouble to North Carolina's Outer Banks and other parts of the East Coast. The National Hurricane Center says to expect dangerous storm surges and tropical storm conditions. Roads on t
A heated debate is unfolding between banks and crypto advocates over the future of stablecoin regulations. The banking sector is pushing for changes, while crypto lobbyists are firmly opposed. Last week, a group of bankers made a strong case to senators. They want to modify or even remove parts of
The financial world is buzzing with predictions about the Federal Reserve's next move. Investors are keeping a close eye on the upcoming Jackson Hole symposium, where big decisions often get made. But before diving into that, let's talk about the current mood in the market. Right now, selling the U
Germany has recently urged Israel to halt the construction of settlements in the West Bank. This call comes after Israel's finance minister announced plans to build thousands of new homes in the region. The proposed "E1" settlement and the expansion of Maale Adumim are particularly concerning. These
The Trump family is making waves in the banking world. President Trump is working on big changes for Fannie Mae and Freddie Mac, aiming to take them out of government hands. Meanwhile, he's also been teasing Goldman Sachs CEO David Solomon about the bank's predictions on tariffs. But it's not just
The U. S. is seeing a big jump in bankruptcies, showing that many people and businesses are having a tough time with money. Over the last year, there were 542, 529 bankruptcies, which is 11. 5% more than the year before. This includes both personal and business bankruptcies. Some states are hit har
A CEO who once made headlines for her innovative business idea is now facing serious legal trouble. Christine Hunsicker, the founder of CaaStle Inc. , is accused of tricking investors out of a huge amount of money. The company promised to revolutionize the clothing industry by offering a "Clothing-a
July 16, 2025, saw some ups and downs in the stock market. The S&P 500 went up by 0. 32%, ending at 6, 263. 70. The Nasdaq Composite also had a good day, gaining 0. 26% and hitting a new high for the year at 20, 730. 49. The Dow Jones Industrial Average added 231. 49 points, or 0. 53%, closing at 44
Del Monte Foods, a household name for over a century, is in big trouble. The company that brought us canned fruits and veggies has decided to sell itself. This is a huge deal because Del Monte has been around for 138 years! The company announced this move late on a Tuesday, saying it's the best way
A big change is happening for 23andMe. A court just gave the green light for the company to be sold to a nonprofit group. This group is led by Anne Wojcicki, who used to be the CEO. The sale is worth $305 million. This is not the first time 23andMe has been up for sale. Earlier, there was a $256 mil
