Another major fintech firm cutting 10% of its workforce
Job cuts are still coming for fintech employees. After a rough few years for those in the tech industry, layoffs are still making the rounds. And a lot of that has to do with businesses…
Redfin uncovers new problem for homebuyers
Homebuyers have faced high costs during the spring and summer homebuying season. Mortgage rates are the most obvious problem right now, but over my years of reporting on the housing market, I’ve witnessed home affordability…
Kroger CEO spots troubling new grocery trend
If it feels like things get more expensive every time you set foot in a grocery store, you aren’t alone. In May 2026, grocery prices were up 2.7% year over year, according to the latest…
Anthropic works with White House after AI security scare
Most rules get written before the game starts. You learn them, you play, you live with the calls. The fight over artificial intelligence in Washington has flipped that order. The rulebook is being drafted after…
Bank of America spots Prime Day signal for Amazon investors
On June 18, just days before Amazon’s (AMZN) Prime Day kickoff, Bank of America pointed investors to a part of the event that could matter a lot more than the discounts. Prime Day is typically…
Cathie Wood dumps nearly $60 million in popular growth stocks
On June 18, Cathie Wood’s ARK Invest showed off a notable rotation following a superb run in two of the most popular high-growth stocks. Investors had been rewarding Robinhood (HOOD) for its cost-cutting plan and…
Taco Bell leans into value with new menu items
Fast food sticker shock has become a real thing. In my three decades of covering the industry, it was only recently that I have looked at a fast-food menu board and been surprised at combo…
SpaceX stock joins AI bond frenzy
Wall Street has a new favorite trade: lending money to artificial intelligence. NVIDIA, Alphabet, Amazon, and Oracle have all rushed into debt markets to raise hundreds of billions of dollars to fund data centers, chips,…
J.P. Morgan sees tax change uncertainty reshaping wealth plans
The new tax law has changed the calculus for many wealthy families. Those with assets spread across retirement accounts, charitable funds, and custodial plans are increasingly reevaluating their financial strategies. Across J.P. Morgan Private Bank…
GM, UAW face sudden high-stakes factory rift
General Motors (GM) has installed new collaborative robots—known as “cobots”—at its Detroit-Hamtramck Factory Zero plant to modernize production, but the move comes at the same facility where it has already laid off 1,000 workers. GM…