Two‑thirds of parents say Gen Z still leans on them, Wells Fargo finds
Two-thirds of parents say Gen Z adults still rely on them. That dependence is stretching household budgets.
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Finance — Page 12
Latest in Finance
Taiwan’s tech companies lean on convertibles as AI demand fuels record fundraising
Quanta sold $1 billion in convertibles last month. Taiwan’s tech firms are tapping dollar markets fast.
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Asian LNG Spot Prices Surge After Strait of Hormuz Closure, Supply Shortfall Looms
Asian LNG spot prices jumped above $20 per MMBtu.
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SpaceX IPO Could Be a Meme Stock Bonanza — Retail Investors Should Tread Carefully
SpaceX could try to raise $75 billion in a single IPO.
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IMF and World Bank Meetings Open in Washington as Middle East War Forces Major Forecast Rewrites
IMF and World Bank leaders are meeting in Washington under the shadow of a new Middle East war. The conflict has already forced both institutions to
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5 min read
Can a Quonset-Style Home Really Sell for Under $300,000? The Cost Breakdown Buyers Need
Think a metal-arch home under $300,000 sounds wild? Maybe not.
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Federal Judge Blocks Arizona From Prosecuting Kalshi, Citing CFTC Authority
A federal judge on Friday halted Arizona’s effort to prosecute prediction market operator Kalshi. The order bars the state from enforcing its gambling
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4 min read
Gas Spike Puts Gig Workers on the Defensive
Gas prices jumped to an average of $3.59 a gallon. Gig workers who rely on their cars are feeling it immediately. The rise came after U.S.-Israeli strikes
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4 min read
African Development Bank Flags Water as the Next Big Finance Risk — and Opportunity
Water shortages are already shifting Africa's economic map. Look, the continent's trade and food systems are being tested — and money will follow where
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6 min read
Two Billion Gmail Users Face a Major Choice as Google Turns on Gemini in Mail
Two billion Gmail users now must make a choice. Google is rolling Gemini AI deeper into Gmail and offering new account-change tools. Users will have to
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5 min read
Europe Faces a Fresh Inflation Threat as Middle East Shock Sends Oil Prices Soaring
Brent crude has jumped from about $60 to trade in the $80s this year. Markets are jittery and investors are trading more cautiously.
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Dow Climbs, Oil Prices Edge Up Amid Fragile Ceasefire and Cybersecurity Concerns
The Dow Jones Industrial Average finally turned positive for the year on Thursday, climbing 276 points as Wall Street shook off early jitters. Oil prices,
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4 min read
Treasury Yields Hold Steady Amid Mixed U.S. Economic Data and Rising Oil Prices
The 10-year U.S. Treasury yield hovered near 4.28% Friday after economic data painted a murky picture of the nation’s growth and inflation. Meanwhile, oil
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Fed Minutes Reveal Split on Inflation Risks Amid Middle East Conflict, Signal Uncertain Rate Path
Fed minutes show split on inflation risks due to Middle East conflict and rising oil prices. Experts analyze potential rate path shifts. Read more now
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Delta to Slow Growth Amid Surging Fuel Costs, Refinery to Boost Earnings by $300 Million
Delta Airlines reduces expansion plans due to soaring jet fuel prices, but refinery boosts earnings by $300M this quarter. Learn more now.
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SpaceX Targets Retail Investors in Ambitious $75 Billion IPO Backed by Elon Musk’s Star Power
SpaceX is gearing up for what could be the largest initial public offering in history, aiming to raise $75 billion and hit a staggering $2 trillion valuation. B
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5 min read
Elon Musk Demands OpenAI’s Nonprofit Arm Receive Any Damages in High-Stakes Lawsuit
Elon Musk isn’t looking to pocket any money from his ongoing legal battle with OpenAI. Instead, the billionaire wants any financial damages awarded in the case
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4 min read
Taiwan Turns to Coal Power Amid Middle East Conflict Disrupting Global LNG Supplies
Taiwan is ramping up coal-fired electricity generation as the war in the Middle East chokes off liquefied natural gas (LNG) shipments and sends prices soaring.
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Fed’s Inflation Forecasts for March and April Signal Trouble for Wall Street
Gas prices have surged sharply in recent weeks, pushing inflation higher and complicating the Federal Reserve’s outlook. Wall Street is feeling the pressure as
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Federal Appeals Court Blocks New Jersey From Regulating Kalshi’s Prediction Market
Kalshi users in New Jersey can keep trading on the platform, at least for now. A federal appeals court ruled the state can’t enforce its gambling laws against t
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5 min read
Medicare Boosts Payments to Private Insurers by 2.48% for 2027, Sending Stocks Higher
Medicare is set to pay private insurers nearly 2.5% more next year, marking a sharp rise from earlier estimates. That means billions more flowing into health pl
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Hack of Syrian Government Accounts Reveals Major Cybersecurity Flaws
In early March, several official Syrian government accounts on the social media platform X were hijacked, exposing glaring weaknesses in the country's digital d
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3 min read
US Inflation Set to Surge as Iran War Pushes Gas Prices Past $4 a Gallon
Gas prices in the US have climbed above $4 a gallon for the first time since 2022, rattling consumers already stretched by inflation. Gas prices jumped as the w
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3 min read
Tesla Sales Climb as Soaring Gas Prices Push Americans Toward Electric Vehicles
Gasoline prices in the U.S. Surged past $4 a gallon for the first time since 2022, sparking renewed interest in electric vehicles. Tesla, despite a rocky year o
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3 min read
Dollar Debt Dilemma: Soaring Federal Borrowing, Household Struggles, and States Stockpiling Gold
The U.S. Federal debt recently surged past $39 trillion. Meanwhile, American households are drowning in record credit card and loan balances. Some states are tu
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3 min read