Spotify reported a rise in premium subscribers to 276 million and MAUs to 696 million, but faced a surprising quarterly loss. CEO Daniel Ek emphasizes long-term growth despite recent challenges.
Over 130 million people are warned of a dangerous heat wave sweeping the Eastern U.S. with temperatures feeling like 108 to 116 degrees. Major cities brace for sweltering conditions and thunderstorms.
As the Federal Reserve prepares for its crucial meeting this week, all eyes are on interest rates amid significant political and economic changes. With GDP and employment reports on the horizon, will the Fed maintain the current rate?
Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
Delta Air Lines has lowered its 2025 profit forecast due to unexpected demand trends, but summer travel outlook exceeds expectations. CEO Ed Bastian comments on changing booking patterns and premium product strategies.
The U.S. dollar has plummeted over 10% this year, marking its worst six-month decline since 1973. As political chaos and rising debt loom, investors question if this trend signals a long-term shift or a temporary blip.
The Trump administration's move to eliminate federal tax incentives for electric vehicles could slow down adoption rates, but forecasts suggest it won't stop the electric vehicle revolution entirely. Learn more about the implications.
Wall Street's main indexes showed mixed results as the market reacts to Fed Chair Jerome Powell's cautious remarks and geopolitical tensions ease between Israel and Iran. FedEx and General Mills face profit forecast challenges.
The Federal Reserve has maintained interest rates for the fourth consecutive meeting, projecting weaker growth and rising inflation this year. Despite this, they anticipate two rate cuts later in 2023 as they navigate economic uncertainty.
Federal Reserve officials maintain current interest rates but adjust economic forecasts, predicting potential rate cuts and rising inflation and unemployment in the coming years. What does this mean for the economy?
