Finance - Page 4
181 articles in this category
Finance6 Million Sign Up for Trump Account Ahead of July 4 Launch
Six million people registered for the new Trump Account before its July 4 launch. This federal program provides children a $1,000 U.S. Treasury contribution.
FinanceSpaceX IPO Raises $85.7 Billion as Musk Valuation Hits $2 Trillion
SpaceX raised $85.7 billion in its June 12 IPO, pushing the company’s market valuation to $2 trillion and making Elon Musk the world’s first trillionaire.
FinanceRising Burger Prices Cast Shadow Over July 4 Celebrations
Higher beef costs are making July 4 cookouts more expensive for Americans this year as Washington prepares for a major security event in the capital city.
Finance45 Vessels Transit Strait of Hormuz as Shipping Recovery Stalls
Forty-five vessels transited the Strait of Hormuz on Wednesday as Iran’s Khatam al-Anbiya headquarters issued new navigation threats against shipping.
FinanceUSMCA Renewal Misses July 1 Deadline, Leaving $2 Trillion Trade at Ris
The Trump administration missed the July 1 deadline to renew the USMCA, leaving $2 trillion in trade subject to annual reviews instead of 16-year terms.
FinanceIran Seizes Tanker in Strait of Hormuz as Oil Transit Costs Surge
Iran seized a tanker in the Strait of Hormuz and is blocking mine-clearing efforts. This action disrupts global shipping and raises oil transit costs now.
FinanceTrump Vows Military Escalation After Drone Strike Near Hormuz Strait
President Donald Trump vowed to launch a military escalation against Iran after a drone strike hit a cargo ship near the volatile Strait of Hormuz today.
FinanceIMO suspends Strait of Hormuz operations after Ever Lovely attack
The International Maritime Organization suspended all evacuation operations in the Strait of Hormuz after an unknown projectile struck the Ever Lovely.
FinanceAlan Greenspan, Longtime Federal Reserve Chair, Dies at 100
Alan Greenspan, the influential former Federal Reserve Chair who served from 1987 to 2006 under four U.S. presidents, has died at the age of 100 years.
FinanceStrait of Hormuz ship traffic drops to 12 vessels after Iran closure
Ship traffic in the Strait of Hormuz dropped to 12 vessels on Sunday after Iran declared the waterway closed following recent military strikes in Lebanon.
FinanceDodd-Frank Law Passed in 2010 to Curb Risks After 2008 Crisis
Congress passed the Dodd-Frank Act in July 2010 to prevent future bank bailouts after the 2008 financial crisis caused six million home foreclosures today.
FinanceAsia-Pacific banks fund $1 of fossil fuels for 83 cents of green energ
A May 2026 BloombergNEF report reveals that Asia-Pacific banks funded only 83 cents of green energy for every dollar invested in fossil fuels during 2024.