Financial News Editor

**Irenic Capital Management Urges KBR to Separate Business Units**Irenic Capital Management, a prominent activist investor founded by Adam Katz and Andy Dodge, has set its sights on KBR Inc (KBR) with a plan to...

Equifax Fined $15 Million by CFPB for Credit Report ErrorsThe Consumer Financial Protection Bureau has slapped Equifax with a hefty $15 million fine for inaccuracies in consumer credit reports. This news comes on the...

TikTok Threatens Shutdown Unless Biden Intervenes: Here's What You Need to KnowTikTok, the popular social media platform, has issued a stark warning that its services will be shut down on Sunday unless...

Top Pre-market Stock Movers: J.B. Hunt, Qorvo, Fastenal & MoreIn the fast-paced world of the stock market, certain companies are making waves before the opening bell even rings. Today, on Friday, January 17th, 2025,...

President-Elect Trump and China's Xi Jinping Discuss TikTok, Trade, and FentanylPresident-elect Donald Trump recently had a phone conversation with Chinese President Xi Jinping, covering a range of crucial topics including TikTok, trade, and fentanyl....

**Bitcoin Price Predictions 2022: BlackRock Forecasts Historic Year Under Trump Administration**In a recent interview with CNBC's "ETF Edge," Samara Cohen, BlackRock's ETF and index instruments chief investment officer, made bold predictions about the future...

Apple Stock Plummets Amid China and AI StrugglesIn a surprising turn of events, Apple Inc. faced a significant drop in its stock price, closing down 4% on Thursday, marking its worst day since Aug....

**Top Pre-market Movers: UnitedHealth, Morgan Stanley, Target, Southwest & More**In the fast-paced world of pre-market trading, certain stocks are making waves before the market officially opens. Among the top movers today are UnitedHealth, Morgan...

Spirit Airlines' Bankruptcy Leads to 200 Job Cuts: Cost-Cutting MeasuresSpirit Airlines, based in Dania Beach, Florida, is facing significant changes as it grapples with the aftermath of filing for Chapter 11 bankruptcy protection in...

Citibank Customers Face Fraud Alerts and Account Access ProblemsCitibank customers across the United States found themselves in a tough spot on Wednesday as they encountered a wave of fraud alerts and difficulties accessing their...

**Potential Value of TikTok's U.S. Operations Could Reach $50 Billion**Business moguls like Elon Musk may need to open their wallets wide if they want to snatch up TikTok's U.S. operations. The popular social media...

Goldman Sachs Leads Top Movers in Pre-Market TradingIn the fast-paced world of pre-market trading, Goldman Sachs shines as one of the top movers today. Investors are keeping a close eye on the financial giant...

**Core Inflation Rate Slows to 3.2% in December, Below Expectations**In a surprising turn of events, the core inflation rate in December slowed to 3.2%, falling below economists' expectations. The consumer price index (CPI) increased...

**Top 9 Questions for Upcoming Financial Earnings Report**In a highly anticipated event, Wall Street's prominent financial giants, including Wells Fargo, Goldman Sachs, and BlackRock, are gearing up to release their fourth-quarter earnings report on...

Meta to Reduce Workforce by 5% Amidst ChallengesMeta, the tech giant led by CEO Mark Zuckerberg, has announced plans to cut approximately 5% of its workforce in response to upcoming challenges. This move will...

KB Home, Signet Jewelers, Teladoc, Applied Digital & More: Top Pre-market StocksIn the fast-paced world of stock trading, staying ahead of the curve is crucial for investors looking to make a profit. Today, the...

**Wholesale Prices Rise 0.2% in December: Inflation Watch**Customers bustling through a Costco store in Novato, California on December 11, 2024, were met with a surprising piece of news: wholesale prices had crept up by...

China's Electric Vehicle Growth Expected to Slow Down in 2025China's electric car market is gearing up for a significant slowdown in 2025, according to industry analysts. This projection is anticipated to intensify pressure on...

RedNote Surpasses TikTok in App Store PopularityIn a wave of uncertainty surrounding the future of TikTok in the U.S., an alternative Chinese social media app called RedNote, also known as Xiaohongshu in China, has...

Cal-Maine Foods, AAR Corp, Getty Images, and more have been making significant moves after hours, sending ripples through the financial markets. Investors are closely monitoring these developments as they strive to make informed decisions...

Blue Origin Faces Setback: New Glenn Rocket Debut DelayedBlue Origin, the space exploration company founded by Jeff Bezos, had to postpone the much-anticipated first launch of its New Glenn rocket due to unexpected issues....

Stock Market Update: Delta, Walgreens, Constellation Energy, AllstateIn the fast-paced world of the stock market, there are always companies making big moves that catch investors' attention. Today, Delta, Walgreens, Constellation Energy, and Allstate are...

Impact of Trump and GOP Attacks on IRA in Red States: A Closer LookThe recent resurgence of Republican control in Congress has reignited the energy debate, with Speaker of the House Mike Johnson spearheading...

Understanding the Risks and Benefits of Investing in Bitcoin in 2024Bitcoin prices have surged in 2024, raising questions for investors on whether they should jump on the bandwagon or exercise caution. Financial experts advise...

**Mark Zuckerberg Criticizes Apple's Innovation and Arbitrary Rules**Meta CEO Mark Zuckerberg made headlines recently for his scathing criticism of tech giant Apple's innovation efforts and strict rules. During a podcast interview on the "Joe...

GraniteShares Introduces Unique Investment Opportunity in TeslaGraniteShares, an exchange-traded fund provider, has recently launched a new offering that provides investors with a unique opportunity to invest in Tesla, one of Wall Street's most profitable...

Special Counsel Jack Smith Resigns Amid Trump's Efforts to Halt Final ReportSpecial Counsel Jack Smith shocked the nation by resigning from the Department of Justice after completing two criminal investigations of former...

**Stock Market Reacts to Growing Losses from LA Wildfires**In a devastating turn of events, the stock market has taken a hit as insurers face mounting losses from the raging wildfires in Los Angeles, California....

**Apple's Declining iPhone Shipments in China: Analyst Kuo's Insights**Apple is facing a significant challenge in China as its iPhone shipments continue to decline, according to a report by supply chain analyst Ming-Chi Kuo. The...

**Stock Market Update: Allstate, Walgreens, Delta, Warner Bros. Discovery**In a surprising turn of events today, the stock market witnessed significant fluctuations, impacting major companies such as Allstate, Walgreens, Delta, and Warner Bros. Discovery. Investors...

Meta Announces End of DEI Programs: Company Makes Dramatic ChangesMeta, formerly known as Facebook, has announced the end of several internal programs aimed at increasing diversity and inclusion within the company. In an internal...

**SolarEdge, Novo Nordisk, Rigetti, Maplebear: Today's Top Pre-market Stock Movers**In the fast-paced world of the stock market, certain companies stand out above the rest, driving the market's momentum even before the opening bell rings....

**Tesla Launches Refreshed Model Y in China to Compete with Local Competitors**Tesla made headlines in the automotive world with the launch of a revamped version of its popular Model Y in China. The U.S....

**December Interest Rate Cut Should Be the Last: Fed Governor Bowman**In a recent speech to bankers in California, Federal Reserve Governor Michelle Bowman expressed her support for the interest rate cuts that took place...

**Labor Market Insights: Deciphering Friday's Mixed Jobs Report**This Friday, the Bureau of Labor Statistics is set to release the December jobs report, offering a glimpse into the state of the labor market. With experts...