In a shocking and tragic event, Brian Thompson, the CEO of UnitedHealthcare, was shot and killed outside his hotel in New York City on Wednesday morning, just ahead of a key investor conference. Thompson, 50, was gunned down in the midtown area, where UnitedHealth...
Americans’ Economic Outlook Dips as Inflation Expectations Surge to 1991 Levels
Recent data from the University of Michigan’s consumer sentiment survey paints a grim picture of Americans' economic outlook. Released on Friday, the survey revealed a sharp decline in consumer sentiment, with the index dropping to 57.9, the lowest level since...
Nikola Stock Plummets After Bankruptcy Filing and Fraud Scandal
Nikola Corporation (NKLA), the company once hailed as a pioneer in hydrogen fuel and battery-powered trucks, experienced a sharp decline in its stock price on Wednesday following a bankruptcy filing in the United States. This comes on the heels of its founder, Trevor...
Stocks on Edge as Powell’s ‘No Rate Cuts Yet’ Stance Rattles Markets
On Wednesday, major U.S. markets found themselves teetering on the line between gains and losses as investors digested the latest economic signals from the Federal Reserve. The uncertainty stemmed largely from a significant shift in the market’s expectations...