People walk by the New York Stock Exchange (NYSE) on June 18, 2024 in New York City. Spencer Platt | Getty ImagesHopes for an active year of mergers and acquisitions could be back on track after being briefly derailed by the Trump administration's sweeping tariff policies last month.Dealmaking in the U.S....
Year: 2025
Swiss government proposes tough new capital rules in major blow to UBS
A sign in German that reads "part of the UBS group" in Basel on May 5, 2025.Fabrice Coffrini | AFP | Getty ImagesThe Swiss government on Friday proposed strict new capital rules that would require banking giant UBS to hold an additional $26 billion in core capital, following its 2023...
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the Bureau of Labor Statistics reported Friday.Nonfarm payrolls rose 139,000 for the month, above the muted Dow Jones estimate for 125,000 and a bit below the downwardly revised 147,000 that the...
Steph Curry’s Thirty Ink generated $174 million in revenue last year, and all of its businesses are profitable, company says
Steph Curry's Gentleman's Cut bourbon.Courtesy: Gentleman's CutSteph Curry is one of the greatest basketball players ever, and judging by his company's financials, he's off to a pretty good start in the business world.Curry is the CEO of Thirty Ink, a house-of-brands conglomerate that owns companies including Unanimous Media, Gentleman's Cut...
Top Wall Street analysts favor these stocks for the long haul
Idrees Abbas | SOPA Images | Lightrocket | Getty ImagesThe rising U.S. budget deficit is on the forefront of investors' minds, weighing on stocks. However, sell-offs can present a buying opportunity โ for those who know where to look.The recommendations of top Wall Street analysts can help investors pick out...