Around one-third of all S&P 500 stock trades now take place in the final 10 minutes of the trading session, according to data from BestEx Research, up from 27% in 2021. Evidence from Europe, where a similar pattern is observed, suggests that this trend may be impacting liquidity

Some of the most well-known corporations in America are reporting that their consumers are feeling the pinch of inflation as prices continue to rise. Inflation has been a major topic of discussion in corporate America over the past three years, following the easing of monetary policy and the injection of

Home prices in the U.S. surged by 6.4% in February compared to a year earlier, outpacing the previous month's 6% annual increase. This marks the fastest growth rate since November 2022, continually breaking past the record highs set last year on a seasonally adjusted basis. The

During Meta's first-quarter earnings call, CEO Mark Zuckerberg emphasized to investors the company's focus on turning generative AI into a profitable venture. Following the integration of its ChatGPT competitor into various platforms like Instagram, Facebook, and WhatsApp, much of the discussion centered around the potential revenue

BF Borgers and its owner, Benjamin Borgers, who counts Trump Media among his clients, faced charges from the US Securities and Exchange Commission (SEC) for a fraud that impacted over 1,500 SEC filings. Borgers has also represented financial tech and cryptocurrency companies, as per SEC filings. In settling the

Elon Musk has said: "We need to do something about our national debt or the dollar will be worth nothing. "America must halt its overspending or face bankruptcy," Musk stressed on Twitter. His comments were triggered by a tweet highlighting the large portion of tax revenue being

Half of Americans — including 42% of Democrats — say they'd support mass deportations of undocumented immigrants, according to a new Axios Vibes survey by The Harris Poll. A recent poll reveals that over half of Americans, including a significant 42% of Democrats, support mass deportations of illegal immigrants amid

Alphabet Inc. reportedly paid Apple Inc. $20 billion in 2022 for Google to remain the default search engine in the Safari browser, as revealed in recently unsealed court documents from the Justice Department’s antitrust lawsuit against Google. This deal is central to the case, where antitrust enforcers argue that

Turkey reportedly stopped all trade with Israel due to its actions in Gaza, leading to strong criticism from Israeli Foreign Minister Israel Katz towards Turkish President Recep Tayyip Erdoğan. The move came after Bloomberg reported that Ankara had significantly increased restrictions first imposed last month, halting all imports and exports

"These carriers failed to protect the information entrusted to them. Here, we are talking about some of the most sensitive data in their possession: customers’ real-time location information, revealing where they go and who they are,” stated FCC Chairwoman Jessica Rosenworcel on Monday. The investigation into the carriers began

In a wide-ranging interview with Time magazine, Trump outlined his vision for a potential second term, including using the justice department and suggesting states could monitor pregnant women to enforce abortion laws. The threat against the Biden family came during an interview with Eric Cortellessa of Time, where Trump discussed

The Bank of Japan has reportedly, though unconfirmed, performed an emergency Yen intervention, the second in 3 days. The dollar sharply dropped to 153 yen from about 157.55 yen, and while the reasons for this were not immediately clear, traders and analysts suggested it was likely due to yen

US Treasury announces launch of buyback program for May to July quarter, first buyback operations scheduled on May 29th. The Treasury Department stated on Wednesday that it intends to maintain auction sizes for U.S. notes and bonds at current levels over the next few quarters, aligning with expectations. This

Amazon has decided not to sponsor any new US green cards for foreign workers for the remainder of this year, indicating ongoing challenges in the tech job market. Earlier this year, the company informed employees that it would continue to suspend all new PERM filings through 2024, according to an

Climate change is projected to cost the global economy approximately $38 trillion annually by 2049, according to researchers from the Potsdam Institute for Climate Impact Research (PIK). This significant economic impact will result from extreme weather conditions damaging agricultural yields, reducing labor productivity, and destroying infrastructure. A study published in

The Federal Reserve has not cut rates, and has kept rates the same. The Federal Reserve of the United States decided to keep interest rates unchanged on Wednesday, signaling a continued inclination towards eventual reductions in borrowing costs. However, the Fed raised concerns about recent disappointing inflation data and suggested

Just before releasing its impressive first-quarter earnings report on April 25, Google implemented layoffs affecting at least 200 employees from its “Core” teams, as part of a reorganization that includes relocating some roles to India and Mexico, according to CNBC. The Core unit is responsible for constructing the technical framework

The Federal Reserve has not cut rates, and has kept rates the same. The Federal Reserve of the United States decided to keep interest rates unchanged on Wednesday, signaling a continued inclination towards eventual reductions in borrowing costs. However, the Fed raised concerns about recent disappointing inflation data and suggested