Economy

Tema ETFs has been capitalizing on the risk appetite for weight loss stocks. It is behind the GLP-1, Obesity & Cardiometabolic ETF (HRTS)which is up 26% since its inception last November. The firm’s founder and CEO Maurits Pot thinks the winning weight loss trade isn’t based on just hype. “The companies we track and the […]

U.S. flag is seen hanging on New York Stock Exchange building on Independence Day In New York, United States on America on July 4th, 2024. Beata Zawrzel | Nurphoto | Getty Images Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. […]

In April 2021, Paul Lee took a vacation to Thailand. Five months later, he decided to leave the United States behind and make a permanent move to the Asian country. Lee, originally from Georgia, had been living in New York City and grossing around $1 million a year thanks to his e-commerce business. Despite doing […]

The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023.Patrick T. Fallon | AFP | Getty ImagesParamount Global shares jumped nearly 6% on Friday after an investor known as Warren Buffett’s favorite banker piled into the media company’s controlling shareholder.National Amusements, Paramount’s majority voting shareholder, announced Thursday… […]

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles, California, U.S., on Monday, Oct. 21, 2019.Patrick T. Fallon | Bloomberg | Getty ImagesForget about the debt ceiling. Tech investors are in buy mode.The Nasdaq Composite closed out its fifth-straight weekly gain… […]

US President Joe Biden speaks during a campaign event in Madison, Wisconsin, on July 5, 2024. Saul Loeb | AFP | Getty Images President Joe Biden insisted Friday that his damaging debate performance against former President Donald Trump was just a “bad night,” and not an indication of a more serious health condition. “I was […]

The semiconductor industry is recruiting workers in a tight labor market as the competition for talent ramps up and funding from the CHIPS and Science Act designed to spur domestic production continues to be dispersed. It is also staring down a projected shortfall of as much as one million workers in the broader U.S. economy […]

Cryptocurrencies plunged Friday as investors focused on the payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox. Bitcoin’s price was last lower by nearly 3% to $56,571.00, according to Coin Metrics. Earlier in the day, the world’s biggest cryptocurrency had slumped as low as $53,513.55, marking its first time trading below […]

U.S. crude oil fell on Friday, but still booked a fourth straight weekly gain as falling inventories show an uptick in demand. West Texas Intermediate hit a session high of $84.52 per barrel, the highest level since late April, before pulling back. The U.S. benchmark gained about 2% this week, while global benchmark Brent was […]

U.S. President Joe Biden walks to deliver remarks after the U.S. Supreme Court ruled on former U.S. President and Republican presidential candidate Donald Trump’s bid for immunity from federal prosecution for 2020 election subversion, at the White House in Washington, U.S., July 1, 2024. Elizabeth Frantz | Reuters President Joe Biden is facing an uprising […]