by Ming Mui | Jan 10, 2025 | Domestic, Economics, Events, Market News, Stock Market
Shares of major insurance companies took a sharp downturn on Friday, following reports that the wildfires ravaging California have become the most costly in U.S. history. The fires, which have destroyed thousands of structures across the state, are expected to cause...
by Ming Mui | Jan 6, 2025 | Domestic, Economics, Politics
Michael Barr announced he would step down as the Federal Reserve’s head of banking supervision, citing potential conflicts with former President Donald Trump as a key reason for his decision. Barr, who has held the position since 2022, expressed concern that any...
by Ming Mui | Dec 6, 2024 | Breaking News, Domestic, Entertainment
The legal battle over TikTok’s future in the U.S. took a significant turn as a U.S. federal appeals court upheld a new law that could force the popular app to cease operations unless its Chinese ownership is sold by January 19, 2025. The decision, which reinforces the...
by Ming Mui | Dec 4, 2024 | Investing News, Market News, Travel
JetBlue Airways (JBLU) saw a significant 10% rise in its stock price during early morning trading today after the airline announced a more optimistic outlook for its 2024 revenue. The airline, which has faced challenges from rising fuel costs and an uncertain economic...
by Ming Mui | Oct 31, 2024 | Investing News, Market News, Stock Market, Uncategorized
On Thursday midday, the NASDAQ Composite faced a significant downturn, slipping over 2% into the red. This decline comes as investors brace for anticipated earnings reports from major technology companies, including Amazon and Apple, which are scheduled to be released...