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A new Zyn factory is coming to Colorado amid high demand and shortages of the nicotine pouches

A new $600 million Zyn factory is scheduled to open in Aurora, Colorado late next year amid high de…

Sarah Jackson   


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Stock market today: Nasdaq hits record, Dow tumbles as bond yields spike

The 10-year US Treasury yield jumped back above 4.5% on Tuesday after weak demand at the latest gov…

Max Adams   


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Nvidia could spike another 23% with AI demand still in its infancy, BofA says

Bank of America estimates that Nvidia has the ability to generate anywhere from $40 to $80 in earni…

Matthew Fox   


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The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds

Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. "L…

Jacob Zinkula   


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Commercial real estate foreclosures have spiked 117% over the past year

The office sector continues to lead the commercial real estate downturn, with delinquency rates for…

Filip De Mott   


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Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand

Across the US, 6.4% of sellers issued a price cut in the month leading up to May 26, Redfin said in…

Jennifer Sor   


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Billionaire investor David Einhorn shares an overlooked theory for why gold prices have spiked so much

Billionaire hedge fund boss David Einhorn shared his thoughts about why gold has soared this year i…

Yuheng Zhan   


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Spiking oil prices helped Russia energy-tax revenue double last month

The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…

Filip De Mott   


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Stock market today: US indexes reverse lower on worries of Israel-Iran escalation and spiking Treasury yields

"Iranian officials have said that this concludes the response and markets are hoping that the situa…

Matthew Fox   


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Oil prices spike on crude inventory update and Powell's rate-cut outlook

The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…

Yuheng Zhan   


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5 mins read

Interest in government jobs is spiking due to their stability and cushy benefits

Government jobs have been trending on social media as employees seek stability amid mass layoffs an…

Ana Altchek   


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Novo Nordisk stock spikes 10% to record high to eclipse Tesla market cap

Thursday's surge propelled Novo Nordisk to a market cap of $613.3 billion, edging out Tesla's $560.…

Yuheng Zhan   


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The housing market just saw its biggest inventory spike in nearly 3 years

In the four weeks to February 25, new home listings surged 12.9% compared to a year ago, while tota…

Phil Rosen   


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Boomers fed up with Florida are moving to southern Appalachia, fueling a population spike in longtime rural communities

The Wall Street Journal reported that boomers who moved from the Northeast and Midwest to Florida a…

John L. Dorman   


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Palantir stock spikes 11% as the AI firm inks $178 million contract with the US Army

Palantir said it will "deliver the Army's first AI-defined vehicle," and Wedbush praised the firm a…

Phil Rosen   


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Fuel price surge: Oil companies spike commercial LPG rates, impacting metro consumers

According to the latest updates, the retail sales price of a 19 kg commercial LPG cylinder in Delhi…

ANI   


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A CIO details 4 reasons why the recent inflation spike is temporary — and says the Fed will still cut rates 3 times this year

"There should be plenty of disinflation in the pipeline as CPI converges with some of these more re…

Matthew Fox   


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Farmers' protest disrupts supply chain, vegetable prices in Delhi could see spike

The vegetable trader at Ghazipur mandi said "The price of carrots has gone up by Rs 4 in the last 1…

ANI   


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The average US home price could spike 20% to a record $500,000 if the Fed cuts interest rates too soon, expert says

Cutting interest rates could spark a homebuying frenzy that combines with rising housing costs to s…

Theron Mohamed   


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IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption

The latest bout of Middle East turmoil has ratcheted up fears that oil could soon hit $100 a barrel.

Yuheng Zhan