What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American cereals, for $3.1 billion. The acquisition is set…
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President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee beans, accounts for about a third of…
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The State Department is investigating an impostor who reportedly pretended to be Secretary of State Marco Rubio with the help of AI. The mystery individual posing as one of President…
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The Trump administration landed a legal victory on Monday after a federal judge allowed the Department of Justice (DOJ) to rescind nearly $800 million dollars in grants for programs supporting violence…
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Politics
Senate Republican moves to give US an edge on China in harvesting minerals for weapons systems
A Senate Republican wants to give the U.S. a leg up in its race against China and to ween the nation off of its reliance on imports of key raw…
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This holiday-shortened week was anything but short on action! The S&P 500 and Nasdaq Composite closed at record highs, but what is really driving the market? In this essential recap,…
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Stocks
Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher
After a strong move in the week before this one, the Nifty spent the last five sessions largely consolidating in a very defined range. The markets traded with a weak…
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I like to trade stocks that are relative leaders and belong to industry groups that are leaders as well. For the past 2-3 months, much has been written about and…
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Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different teams, geographies and levels of experience,…
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Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer reiterated its…
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Business
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get to the Essence Festival of Culture…
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The State Department is launching a new ‘America First’ rebranding initiative to consolidate all the logos for its offices under a singular one depicting the American flag — an effort…
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Hamas confirmed on Wednesday that it is ‘ready to accept’ a ceasefire agreement with Israel, but did not endorse a 60-day pause put forward by President Donald Trump on Tuesday.…
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Iranian President Masoud Pezeshkian enacted a law passed by the country’s parliament last week that would end Tehran’s cooperation with the International Atomic Energy Agency (IAEA). The legislation was approved…
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If you’ve looked at enough charts over time, you start to recognize classic patterns that often appear. From head-and-shoulders tops to cup-and-handle patterns, they almost jump off the page when…