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The Latest Breaking News on Business

ET Alpha Wealth Summit: S Naren shares blueprint for investing in a boring market

ICICI Prudential AMC CIO S. Naren described the current market as a “boring phase,” marked by a tug-of-war between FIIs and domestic mutual funds. At the ET Alpha Wealth Summit, he outlined five market-cycle phases, warning that parabolic asset rallies and leveraged investing are classic signs of bubbles.

The Economic Times

Business Brief (June 4): China Responds to New U.S. Section 301 Tariffs

Tencent’s market capitalization surges to HK$4 trillion on WeChat AI expectations, BYD ventures into humanoid robots with plans for home use

Caixin Global

Dollar Rallies on Strength in Crude and the US Economy

The dollar index (DXY00 ) on Wednesday rallied to a 1.75-month high, finishing up by 0.31%. The dollar moved higher on Wednesday, supported by a +2% increase in WTI crude oil prices, which lifts inflation expectations and may prompt the Fed to tighten monetary policy, a bullish factor for the...

Barchart

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Veeva Systems Q1 Earnings Call Highlights

Veeva Systems (NYSE:VEEV) reported a strong start to the year, with Chief Executive Officer and Co-Founder Peter Gassner saying the company delivered results ahead of guidance as it expands its focus on artificial intelligence for the life sciences industry. On the earnings call, Gassner said total

MarketBeat

7 Payment-App Traps That Drain Seniors’ Bank Accounts

People reported over $390 million in losses to the U.S. Federal Trade Commission (FTC) from payment app scams in a single year. As payment apps...

Saving Advice

Why building two data centers a week won’t fix AI’s bottleneck

Compute is abundant, power is expensive, but connectivity is the crisis no one sees.

TechRadar

Financial fixes and high-yield savings: Are you missing the easiest ways to save more and spend less?

More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financial fixes can change that fast. Simple money-saving tips like checking your credit report, reducing credit card debt, boosting 401(k) savings, finding high-yield savings accounts, and lowering auto insurance…

The Economic Times

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How Is TransDigm’s Stock Performance Compared to Other Aerospace & Defense Stocks?

TransDigm is facing near-term stock pressure and has lagged behind its industry peers over the past year, yet analysts maintain a favorable outlook, reflecting confidence in its underlying strength and long-term execution.

Barchart

Strategy Sold $2.5M in Bitcoin and the Market Acted Like Saylor Burned the Whole Treasury

Strategy sold 32 bitcoin between May 26 and May 31, hauling in about $2.5 million at an average of $77,135 a coin, disclosed in a June 1 8-K filing.

International Business Times

Is CSX Corporation Stock Outperforming the Dow?

CSX Corporation has outperformed the Dow Jones over the past year, and analysts remain moderately optimistic about the stock’s outlook.

Barchart

2.4 million homes, 10,000 private jets & every NFL team: What all could Elon Musk buy as he edges closer to becoming world's first trillionaire?

Elon Musk Net Worth: Elon Musk's estimated net worth has reached around $970 billion, bringing him closer than anyone else in history to becoming the world's first trillionaire. Much of his wealth is tied to his stakes in SpaceX and Tesla, making his fortune larger than the annual economic output…

The Economic Times

Filing an Extension Doesn’t Protect You From Late Payment Penalties — Here’s What Does

Tax season creates a rush of confusion, deadlines, and last-minute decisions that often lead to costly mistakes. Many taxpayers assume that filing an extension buys extra time for everything related to taxes, including payments. That assumption leads straight into one of the most expensive misconceptions in personal finance. The IRS…

The Free Financial Advisor

US services activity heats up in May, beating expectations: Survey

US services sector activity expanded in May, exceeding expectations with the ISM index at 54.5%. While business activity and new orders grew, employment contracted for the third consecutive month. Rising input prices, driven by tariffs and the Iran conflict, reached their highest point since August 2022.

The Economic Times

Math Error Notices Are Spiking — Here’s What’s Actually Causing Them This Summer

Tax season may feel like it ends in April, but the IRS keeps working long after the deadlines pass. This summer, more taxpayers are receiving “math error notices,” and many of them are opening mail with a sinking feeling. These notices don’t always mean something dramatic, but they do signal…

The Free Financial Advisor

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The Economic Times

Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay alive

GoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" about its ability to operate for the next 12 months due to operating losses, negative cash flow, and debt. The company is exploring a sale and other options to…

The Independent UK

Dollar General’s sales spike as ‘$100,000-plus cohort’ hit the value store due to soaring prices

The company’s $1 price point for certain items has been a “real savior” for the company’s core customers, the CEO said

Motor1

A Record Number Of Americans Are Taking Out 6-Year Car Loans

According to early 2026 data, nearly a third of buyers are relying on longer loan terms to afford new and used cars.

Everybody Loves Your Money

Millions Of Americans Reported Identity Theft Last Year—This Free Credit Freeze Can Help Stop It

Identity theft keeps finding new ways to ruin a perfectly normal day. One minute everything looks fine, and the next, a credit card appears in someone else’s name, a loan application shows up unexpectedly, or a debt collector starts calling about an account that never existed. According to federal data,…

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news in one place.

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International Business Times

Stock Market Flashes Dot-Com Bubble Warning Sign As AI Rally Narrows: Report

The S&P 500 closed at a record on the final trading day of May, but only 20 companies in the index also reached their own all-time highs.

The Free Financial Advisor

Side Hustle Income From Last Summer Is Catching Up With Filers Right Now

Last summer’s extra income is finally showing up in a big way, and tax filers feel the impact right now. Gig apps, freelance platforms, and payment services now report earnings that many people forgot or underestimated. That forgotten weekend delivery shift or casual freelance project suddenly looks very real on…

Everybody Loves Your Money

10 Everyday Things Most Americans Think They Own—Until They Read the Fine Print

Buying something usually feels simple. Money changes hands, a receipt lands in an inbox, and the item becomes part of everyday life. Most people never stop to wonder whether they truly own what they just purchased because ownership seems like a straightforward concept.

Everybody Loves Your Money

Up to 60% of Homes Are Overassessed — 7 Signs Yours Might Be and How to Fight Back

According to the National Taxpayers Union Foundation, an estimated 30% to 60% of properties in the U.S. are overassessed, leading many homeowners to pay inflated property taxes. However, fewer than 5% of homeowners challenge their valuations, despite success rates of 40% to 60% for proper appeals. Not taking the opportunity…

International Business Times UK

Meta Isn't Scrapping Its Controversial Employee Tracking Programme — Workers Just Won More Control

Meta's AI training software, designed to monitor employee activity, has raised privacy concerns. In response, Meta plans to introduce controls to address these issues, including data collection pauses.

The Guardian - UK

Trump threatens tariffs on 60 trading partners including UK and Canada over ‘forced labour’

Proposal for 10-12.5% levies, to also include EU, Taiwan and Australia, would allow US president to skirt court-imposed limits

The Guardian - US

Anthropic surges as OpenAI struggles to keep up

Stock market filing illustrates AI company’s meteoric rise, while California’s tech billionaires pour cash into elections

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