Market Spy

S&P 500 Hits Record High and Dow Nears All-Time Peak as Strong Jobs Data Boosts Market Optimism

Contributor:

Calder Monroe

Economy

Bush, Obama, and Bono Slam Trump’s Decision to Shut Down USAID: “A Colossal Mistake”

Economy

Murkowski Secures Alaska Carveout, Casts Deciding Vote for Trump’s Controversial Spending Bill

Economy

Trump’s ‘One Big Beautiful Bill’ Gains Bank Support Despite Deficit Fears

Personal Finance

Gen Z Defies the Housing Crisis: How Young Americans Are Carving a Path to Homeownership

Amid high prices, low inventory, and rising rates, a new generation is rewriting the rules of real estate

Contributor:

Leah Rosenfeld

Congress Pushes Controversial Medicaid Work Rules in Sweeping GOP Bill

The “One Big Beautiful Bill Act” could strip coverage from millions by requiring Medicaid recipients to prove 80 hours of work each month — with experts warning of widespread harm to low-income Americans.

Contributor:

Rachel Steinberg

Mortgage Rates Hover Near 7% as Market Activity Remains Sluggish

Homebuyers face stagnant interest rates, elevated home prices, and tight inventory, keeping demand and refinancing in a narrow range despite broader economic and geopolitical shifts.

Contributor:

Junia Wells

Economy

One Year In: Labour's Rocky Road to Reform Faces Political and Economic Crosswinds

After a historic landslide victory, Prime Minister Keir Starmer’s government is facing stalled momentum, sliding poll numbers, and growing pressure from economic realities and political challengers.

Contributor:

Junia Wells

Conflicting Job Reports Signal a Deepening Divide in the U.S. Labor Market

A sharp gap between official government data and private payroll figures reveals two contrasting labor realities in the American workforce.

Contributor:

David Goldfarb

Bush, Obama, and Bono Slam Trump’s Decision to Shut Down USAID: “A Colossal Mistake”

As the U.S. Agency for International Development is absorbed into the State Department, former presidents and global leaders blast the move as a humanitarian and strategic disaster.

Contributor:

Rachel Steinberg

Investing

JPMorgan Chase Expands Mobile App with Bond Trading Tools as It Eyes $1 Trillion in Managed Assets

The U.S. banking giant introduces new fixed-income features to attract active investors and challenge online brokerage leaders in the trillion-dollar wealth management race.

Contributor:

Rachel Steinberg

Spotify’s Daniel Ek Leads $694 Million Funding Surge Into AI Defense Startup Helsing

With rising global conflicts fueling demand for military tech, Helsing secures one of Europe’s largest defense sector investments to date.

Contributor:

Junia Wells

Spotify Founder Daniel Ek Leads Nearly $700 Million Investment in European Defense AI Startup Helsing

Amid escalating global conflicts and soaring defense tech demand, Helsing secures one of Europe’s largest defense funding rounds, led by Daniel Ek’s venture firm Prima Materia.

Contributor:

Leah Rosenfeld

Lastest articles

How Nathan’s Famous Turned a Hot Dog Contest into an American Pop Culture Phenomenon

From a modest PR stunt in the 1970s to a nationally televised spectacle, Nathan’s hot dog eating competition has evolved into a symbol of American excess, marketing genius, and summer tradition.

Contributor:

Rachel Steinberg

Mark Cuban Predicts the First Trillionaire Will Master AI—Even If It's Just 'One Dude in a Basement'

From hobbyist tools to corporate disruptors, AI’s explosive growth could mint the world’s first trillionaire, says Cuban—here’s how.

Contributor:

Leah Rosenfeld

Ilya Sutskever Takes Helm as CEO of Safe Superintelligence After Daniel Gross Departs for Meta

Meta’s aggressive AI hiring campaign claims another high-profile figure as Sutskever doubles down on building independent, safe superintelligence.

Contributor:

Junia Wells

Trump's Landmark Energy Bill Rolls Back Renewable Support, Expands Fossil Fuel Access Across U.S.

The “One Big Beautiful Bill Act” grants sweeping benefits to the oil, gas, and coal industries while ending critical tax credits that fueled the rise of wind and solar power.

Contributor:

David Goldfarb

Microsoft Cuts 830 Jobs in Washington Amid Broader Workforce Restructuring

As part of a larger 9,000-person layoff strategy, Microsoft trims hundreds of roles across game design, cloud architecture, and legal departments in its home state, citing efficiency goals and organizational streamlining.

Contributor:

Calder Monroe

Elon Musk’s xAI Approved to Use Natural Gas Turbines for Grok Supercomputer Despite Environmental Concerns

Shelby County officials grant permits for 15 gas-burning turbines at xAI’s Memphis data center, triggering backlash over air pollution, legal threats, and community health risks.

Contributor:

Rachel Steinberg

SEBI Bars Jane Street from Indian Markets, Freezes $566 Million over Alleged Nifty 50 Manipulation

The U.S.-based trading firm is accused of orchestrating large-scale index manipulation in India’s booming derivatives market, triggering one of SEBI’s most aggressive enforcement actions in recent years.

Contributor:

Leah Rosenfeld

One Year In: Labour's Rocky Road to Reform Faces Political and Economic Crosswinds

After a historic landslide victory, Prime Minister Keir Starmer’s government is facing stalled momentum, sliding poll numbers, and growing pressure from economic realities and political challengers.

Contributor:

Junia Wells

Conflicting Job Reports Signal a Deepening Divide in the U.S. Labor Market

A sharp gap between official government data and private payroll figures reveals two contrasting labor realities in the American workforce.

Contributor:

David Goldfarb

Pop Mart Defies Beijing’s Crackdown on ‘Blind Box’ Craze as Global Sales Soar

Despite regulatory heat in China, Pop Mart rides Gen Z demand and international growth to remain one of the country’s most valuable consumer brands.

Contributor:

Calder Monroe

South Korea Overhauls Martial Law Rules After Yoon’s Political Meltdown

In response to a near-constitutional crisis triggered by former President Yoon Suk Yeol’s December 2024 martial law order, lawmakers have passed sweeping reforms to prevent military interference in democratic proceedings.

Contributor:

David Goldfarb

Paramount to Pay $16 Million to Settle Trump Lawsuit Over CBS's 60 Minutes Segment

The media giant reaches a controversial settlement tied to Trump’s accusations of deceptive editing—raising concerns over potential political influence and legal ethics as a major merger looms.

Contributor:

Junia Wells

Bush, Obama, and Bono Slam Trump’s Decision to Shut Down USAID: “A Colossal Mistake”

As the U.S. Agency for International Development is absorbed into the State Department, former presidents and global leaders blast the move as a humanitarian and strategic disaster.

Contributor:

Rachel Steinberg

Rep. Jayapal Stands by Claim That ICE Operates Like a ‘Terrorist Force,’ Demands Apology From White House

After calling federal immigration enforcement "lawless" and "terrifying," Rep. Pramila Jayapal doubles down and accuses the Biden administration of violating civil rights—sparking fierce backlash from the White House.

Contributor:

Leah Rosenfeld

Americans Urged to Stay Vigilant This July 4th as Lone Wolf Terror Threats Loom

Federal officials warn that heightened tensions in the Middle East could increase the risk of domestic attacks, with Independence Day celebrations drawing large crowds across the U.S.

Contributor:

Junia Wells

House Moves Forward on Trump’s $3.3 Trillion Agenda Bill After Conservative Pushback Collapses

Despite days of internal dissent, Republican leaders unify just in time to advance the former president’s sweeping tax and spending package toward a final vote.

Contributor:

David Goldfarb

Hong Kong’s IPO Boom Roars Back: Inside the $14 Billion First-Half Surge and What’s Driving It

Backed by Beijing’s policy push, rising investor confidence, and a shift away from U.S. markets, Hong Kong is staging a dramatic comeback as the world’s top listing hub.

Contributor:

Rachel Steinberg

U.S. Reverses Chip Software Export Ban to China, Signaling Easing of Tech Tensions

Siemens, Synopsys, and Cadence resume business with Chinese clients as Washington softens curbs amid improving trade relations with Beijing.

Contributor:

Leah Rosenfeld

UK Markets Shaken as Finance Minister’s Emotional Outburst Sparks Crisis of Confidence

Chancellor Rachel Reeves' tears in Parliament trigger fears of economic instability, sending bond yields soaring and the pound tumbling amid speculation of policy collapse and internal Labour unrest.

Contributor:

Junia Wells

Trump’s $5 Trillion Megabill Clears Key Hurdle After GOP Infighting Nearly Derails Agenda

Despite internal divisions, Republicans narrowly push forward Trump’s flagship economic and spending bill ahead of the self-imposed July 4 deadline — but backlash over welfare cuts looms large.

Contributor:

David Goldfarb

India’s Market: Cooling Off or Gearing Up? A Mid-Year Check on Growth, Valuation & Global Sentiment

Despite a sluggish start and regional headwinds, long-term investors still see India as a compelling growth story — but caution is key in the near term.

Contributor:

Calder Monroe

Murkowski Secures Alaska Carveout, Casts Deciding Vote for Trump’s Controversial Spending Bill

Alaska senator backs GOP megabill after winning key exemptions for her state, triggering backlash from both sides of the aisle.

Contributor:

Calder Monroe

Thailand Stocks Decline as Prime Minister Paetongtarn Suspended Amid Political Turmoil

Markets react to Constitutional Court's decision following leaked call with ex-Cambodian leader; political uncertainty adds pressure to Thailand's fragile economy.

Contributor:

David Goldfarb

Singapore Stocks Hit All-Time High as Asian Markets React to Fed Remarks and Tariff Tensions

Investors weigh Jerome Powell’s latest comments on interest rates and Trump-era tariffs as Singapore leads regional gains, while Japan and South Korea retreat.

Contributor:

David Goldfarb

House Republicans Subpoena Brown and Penn Amid Expanding Ivy League Antitrust Investigation

Congress intensifies scrutiny over alleged tuition price-fixing and financial aid manipulation as Brown and Penn are ordered to turn over documents by July 22.

Contributor:

Junia Wells

Tesla Shares Slide as Musk-Trump Clash Overshadows Weak Q2 Delivery Outlook

The EV giant’s stock tumbles 7% amid political tensions, slowing deliveries, and concerns over federal subsidy cuts that could impact Tesla’s bottom line and long-term growth.

Contributor:

Leah Rosenfeld

Jeff Bezos Cashes Out $737 Million in Amazon Shares Amid Strategic Stock Sell-Off

The Amazon founder’s latest move is part of a larger plan to offload up to 25 million shares by 2026—while funding ventures like Blue Origin and philanthropy, and following a high-profile wedding in Venice.

Contributor:

Rachel Steinberg

Xpeng Rides Out China’s EV Price War with Resilient Sales Surge

As domestic rivals and Tesla battle slumping deliveries and fierce discounting, Xpeng posts its eighth consecutive month above 30,000 units—signaling strength amid sector volatility.

Contributor:

Rachel Steinberg

UK Faces Wealth Drain as Millionaires Flee Harsh Tax Reforms

Labour’s crackdown on offshore trusts and non-dom tax status triggers record exodus of high-net-worth individuals, raising concerns about long-term economic fallout.

Contributor:

Leah Rosenfeld

Trump’s New Tax Push Supercharges Chipmaker Incentives with 35% Credit Boost

Senate passes sweeping legislation raising tax credits for U.S. semiconductor expansion—signaling a renewed push to bolster America’s chip supply chain ahead of 2026.

Contributor:

Junia Wells

Trump's Health Bill Would Slash Medicaid, Strip Millions of Coverage, and Devastate Rural Hospitals

CBO projects over 11 million to lose insurance as $1.1 trillion in healthcare cuts loom under Trump’s sweeping proposal.

Contributor:

David Goldfarb

Constellation Brands Misses Earnings Forecast as Tariffs Squeeze Margins

Aluminum tariffs and weaker beer demand slash profits, prompting concerns over the company’s outlook despite steady fiscal 2026 guidance.

Contributor:

Calder Monroe

Robinhood Launches Tokenized Shares of OpenAI and SpaceX for European Users, Stock Surges to Record High

New blockchain-based stock tokens mark Robinhood’s first foray into private equity access, with €5 token giveaways to onboard early adopters.

Contributor:

Junia Wells

NASA to Stream Rocket Launches on Netflix Starting This Summer

Space agency expands global outreach with exclusive Netflix partnership as commercial space activity surges.

Contributor:

Leah Rosenfeld

Trump Administration Accuses Harvard of Civil Rights Violations Against Jewish Students

Federal investigation finds Harvard failed to address antisemitic harassment after October 7 attacks, risking further legal action and federal funding cuts.

Contributor:

Rachel Steinberg

Trump-Backed Spending Bill Could Slam Renewable Energy with $7 Billion in New Taxes, Industry Warns

New provisions would end crucial solar and wind tax credits after 2027, potentially costing 2 million jobs and halting $450 billion in clean energy projects.

Contributor:

Junia Wells

Mark Zuckerberg Launches Meta Superintelligence Labs to Lead the Next Wave of AI Innovation

Backed by top AI talent and billions in investment, Meta’s new AI research division will focus on building advanced foundation models, competing directly with OpenAI and Google in the race toward artificial general intelligence.

Contributor:

David Goldfarb

Elon Musk Slams Trump-Backed Tax Bill as ‘Debt Slavery,’ Pledges to Oust GOP Supporters

Calling the legislation a record-setting burden on taxpayers, Musk warns Republican lawmakers who vote for the $5 trillion package will face primary challenges backed by his influence and funding.

Contributor:

Calder Monroe

Amazon CEO Andy Jassy Says AI Will Reduce Headcount in Automated Roles, But Unlock New Opportunities

As Amazon leans deeper into generative AI, CEO Jassy outlines how automation will reshape the workforce—phasing out routine tasks while accelerating innovation and job creation in emerging tech fields.