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The Latest Breaking News on Business

Homebuilding Headwinds Putting These 3 Stocks Under Pressure

Homebuilding stocks have yet to join in on this broad market rally, and for good reason. Current trends point to more downside in these 3 homebuilders in 2025.

MarketBeat

Bill Gates Once Paid $28 A Day For 4,745 Days To Keep His Seized Porsche 959 Alive — The 13 Year Standoff Eventually Got Lawmakers To Bend

Microsoft Corp. co‑founder Bill Gates waited 13 years and paid roughly $133,000 in storage penalties to reclaim the Porsche 959 he bought in 1988, a car U.S. customs impounded because it failed to meet federal safety and emissions rules.

Benzinga

From Krispy Kreme to GoPro, has meme-stock trading frenzy returned?

Shares in brands such as American Eagle and Wendy’s have surged, harkening back to the GameStop craze of 2021

The Guardian - US

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Delta's struggles with the airport lounge and the angst of the upper middle class in the age of 'elite overproduction,' explained

Peter Turchin argues that societies collapse when there isn't enough room at the top. "There is a limited amount of space, but many more elites now ... low-rank elites.

Fortune

7 Times People Got Scammed on Craigslist Home Repairs

Finding someone to fix your home shouldn’t be risky. But on Craigslist, home repairs can turn into a nightmare. Many people look for affordable help online, only to end up losing money, time, or even their sense of security. Scams on Craigslist home repairs are more common than you might…

Clever Dude

I’m a California Real Estate Agent: 5 Reasons My Retired Clients Are Leaving the State

A California real estate agent reveals 5 key reasons retirees are leaving the Golden State—and what it means for the future of the housing market.

GOBankingRates

The Secret Reason Retail Returns Are Now Being Denied

For years, major retailers sold the idea of hassle-free returns. You didn’t like something? Just send it back, no questions asked. But lately, more shoppers...

Saving Advice

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Thousands of images leaked online after controversial dating app hacked

A surge in social media attention over the past week pushed Tea to the No. 1 spot at the U.S. Apple Store

The Independent UK

I’m an Economist: The No. 1 Economic Indicator I Rely On

It's crucial to understand the importance of GDP, even if it can be artificially inflated by government spending as national debt actually grows.

GOBankingRates

How This Financial Influencer Finished Saving for Retirement at 31

This financial influencer hit retirement savings goals by 31. Discover the smart habits and strategies that helped her reach financial freedom early.

GOBankingRates

August increase in Mexico tariffs could strain Texas economy

A vast majority of trade between Mexico and the U.S. has been exempt from tariffs for months. That could change on Monday.

The Texas Tribune

X's Win in Federal Court Is a Victory for Free Speech and Open Disclosure

The D.C. Circuit Court of Appeals has placed minor restraints on the government’s ability to impose gag orders on secret subpoenas issued to tech companies.

Reason

US-China trade talks: Can China reduce its export dependence?

China's reliance on exports for economic growth will be a key topic in U.S.-China trade talks this coming week in Stockholm

The Independent UK

Elon Musk's Tesla To Include Shareholder Proposal On xAI Investment In Proxy After Receiving Multiple Requests

Tesla Inc. (NASDAQ:TSLA) on Friday said that it has received multiple shareholder proposals concerning the company's potential investment in Elon Musk's artificial intelligence startup, xAI.

Benzinga

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TechRadar

‘Let the cat out of the bag there’: Elon Musk says the new, affordable Tesla coming in 2025 will just be a cheaper Model Y

Musk confirms that cheaper versions of the current Model Y are coming – but there are no signs of an all-new car.

Reason

If Trump Wants American Businesses To Thrive, He Should Get Rid of Government Subsidies

Federal subsidies undermine American companies, breed dependency, and stifle competition.

Al Jazeera

With Trump go-ahead, Skydance and Paramount to complete merger in August

The merger has faced scrutiny for what critics view as capitulations to Donald Trump, including a $16m settlement.

Barchart

As the FCC Approves the Paramount-Skydance Merger, How Should You Play PARA Stock?

The FCC has approved Paramount Global’s $8 billion merger with Skydance Media. Wall Street still recommends staying away from Paramount stock.

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news in one place.

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PC Gamer

'I do not subscribe to the belief that if you build it, they will come' says Intel's new CEO, calling past investments 'unwise and excessive'

Putting a stop to Gelsinger's 'bet it all' strategy.

Saving Advice

5 “Safe” Investments That Look Safe But Aren’t

Fixed annuities are often marketed as retirement-safe solutions, promising stable income and protection from stock market volatility. They sound ideal, especially to older investors looking...

Fortune

Americans spend an entire week's worth of pay on rent every month—and in some cities, a full two weeks of income is just going to housing

Due to rent inflation, Americans are paying 66% more each month on housing than 17 years ago.

TechRadar

Intel set to cut thousands more jobs as it cancels several fab projects

Intel wants to have 75,000 workers by the end of 2025, with many being forced to return to the office.

Benzinga

Comcast (CMCSA) Stock Slides As Rival's Earnings Stoke Industry-Wide Fears

Comcast Corp (NASDAQ:CMCSA) shares are trading lower fell Friday morning as investors digest a disappointing earnings report from its closest peer, Charter Communications Inc (NASDAQ:CHTR).

Benzinga

Delta's AI Now Sets Unique Prices For Each Passenger—Here's What We Know

Artificial intelligence is quietly reshaping airfare—and Delta Air Lines (NYSE:DAL) is leading the charge.

Benzinga

Phillips 66 Charts Confident Path Toward 2027 Targets With Q2 Momentum

Phillips 66 (NYSE:PSX) delivered a strong second-quarter performance, surpassing Wall Street’s earnings and revenue forecasts. The integrated energy company reported adjusted earnings of $973 million, or $2.38 per share, comfortably topping the consensus estimate of $1.69 per share.

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