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The Latest Breaking News on Business

Arthur Hayes Doubles Down On $250,000 Bitcoin Call — Sees $1 Million By 2028

Arthur Hayes, Chief Investment Officer of Maelstrom and co-founder of BitMEX, stuck to his $250,000 year-end price target and $1 million by 2028 for Bitcoin (CRYPTO: BTC) in a recent interview, driven by trillions worth of fiat liquidity injection.

Benzinga

Too Many Home Sellers, Fewer Buyers: Experts Predict Housing Prices To Fall In 2025 Without A Fed Put In Place

The U.S. housing market is tilting sharply in favor of buyers, with a record 33.7% more sellers than buyers, according to the latest data.

Benzinga

US Recession Risk Rises As Leading Economic Index Falls Again In May: 37 Declines In 39 Months Mark Worst Streak Since 1960

The Conference Board Leading Economic Index fell 0.1% month-over-month in May, marking its sixth consecutive monthly decline and signaling intensifying recession risks for the U.S. economy.

Benzinga

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Americans Used To Fantasize About Getting Rich, Now They Just Want To Be Comfortable: 1-In-4 Don't Feel Financially Safe, Many Want $150,000 Payslips

More than three-quarters of U.S. adults say they are not financially secure, a record share in Bankrate's latest Financial Freedom survey, as inflation and hiring freezes erode purchasing power and career prospects.

Benzinga

Boeing failed to provide training to prevent MAX 9 midair emergency: NTSB

The US agency harshly criticised Boeing’s safety culture as well as ineffective oversight by the FAA.

Al Jazeera

Pastor slams his own church for accepting Target donation amid boycott

The Rev. Jamal Bryant is one of the driving forces behind a boycott of Target

The Independent UK

Louisiana files lawsuits alleging pharmaceutical giant CVS deceived customers in text messages

Louisiana accused pharmaceutical giant CVS of using its dominant market position to abuse customer information, drive up drug costs and unfairly undermine independent pharmacies

The Independent UK

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US investigates Tesla’s Robotaxi launch after videos show erratically driving cars

The limited rollout in Austin, Texas, included pro-Tesla influencers using the paid ride service

The Guardian - US

Can the GENIUS Act Help Coinbase Stock Hit $400 in 2025?

The passage of the GENIUS Act has sparked optimism for Coinbase’s future, with some analysts setting a price target of $400, a 16% increase from current levels.

Barchart

Is Alliant Energy Stock Outperforming the Nasdaq?

Despite Alliant Energy’s strong performance relative to the broader Nasdaq Composite over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Barchart

Is Campbell's Stock Underperforming the S&P 500?

As Campbell's has underperformed the S&P 500 Index over the past year, analysts are cautious about the stock’s prospects.

Barchart

McDonald's Faces Global Boycott: When It Starts, Who's Joining and What Sparked It

This week, consumers are banding together to boycott one of the world's largest fast food chains as they demand real equity, corporate accountability, and an end to price gouging.

International Business Times UK

Bitcoin, Ethereum, XRP, Dogecoin Consolidate After Israel-Iran Ceasefire Rally

Cryptocurrencies are consolidating on Tuesday morning after a rally on Monday evening following the U.S. intervention in the Iran-Israel conflict.

Benzinga

A quarter of Americans now say they need to make at least $150,000 to feel secure—and inflation is largely to blame

Inflation has fueled a need for higher wages, but perceptions have also played a part, say experts.

Fortune

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Fortune

Tesla robotaxi finally launches but hiccups include long wait times, Pokemon-style hunts for the car and even driving in wrong lane

While Tesla attempted to minimize risks in part by inviting out-of-town influencers from the Tesla community, there were some issues.

Benzinga

Hims & Hers Health Stock Is Tumbling Monday: What's Happening?

Hims Hers Health Inc (NYSE:HIMS) shares are trading lower Monday after Novo Nordisk A/S (NYSE:NVO) terminated its collaboration with the company.

Euronews

OpenAI scrubs mention of Jony Ive partnership after judge’s ruling over trademark dispute

OpenAI has to stop advertising a partnership project with an iPhone designer due to a trademark dispute. But the case hints at what we could expect from the Jony Ive partnership.

Benzinga

Adam Parker Walks Back April Earnings Cut, Analyst Says Tariff Risks Were Overblown: 'The Big 50 Companies Were Kind Of Immune'

Analyst Adam Parker, the founder of Trivariate Research, is reversing course on his earlier bearish outlook on U.S. corporate earnings, saying that fears around tariffs and inflation may have been overblown.

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Tom’s Hardware

Power utility built $95 million 500-megawatt power substation for Intel's $100 billion Ohio fab, but six-year delay leaves substation capable of powering 500,000 homes idle

Intel has once again postponed the launch of its Ohio chip plant, which is now expected in 2031, leaving utility AEP Ohio with an idle $95 million substation.

The Independent UK

Boycott of McDonald’s to begin this week: ‘This is about more than burgers and fries’

Advocacy group has led boycotts of other major corporations including Amazon, Nestlé, and Walmart

Barchart

5 Big Investors Betting on Archer Aviation Stock After Q1

These five investors have considerable stakes in Archer Aviation.

Barchart

Dollar Pressured by Dovish Fed Comments

The dollar index (DXY00 ) on Monday fell by -0.33%. The dollar on Monday dropped from a 3-week high and turned lower on dovish Fed comments. Fed Governor Bowman and Chicago Fed President Goolsbee said they favored a Fed rate cut at next month’s FOMC meeting. Also, Monday’s rebound in...

Barchart

'Record-Shattering': Warren Buffett’s Berkshire Hathaway Has Now Paid $101 Billion in Cumulative Federal Income Tax

Berkshire Hathaway’s cumulative $101 billion in federal income tax payments under Warren Buffett’s leadership underscores the company’s extraordinary economic impact and the scale of its contribution to public services in the United States.

TechRadar

Many businesses still don't trust their AI systems - and that could be a major problem

Unstructured data is becoming more common, but it's not being fed correctly into AI and ML models for accurate output.

Barchart

Intel’s New CEO Is Dumping This Tech Stock. The Rest of Wall Street Thinks It’s a ‘Strong Buy.’

Credo is a chip stock that has returned more than 600% to shareholders since its initial public offering (IPO) in 2022. Is CRDO overvalued given that Intel’s CEO is dumping this stock?

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