A Virginia House subcommittee narrowly advanced legislation to legalize online casinos, reigniting a contentious debate over gambling addiction, tax revenue, and the future of the state's existing gaming industry.
The U.S. dollar extended its recent decline on Tuesday, pressured by a robust Chinese yuan and shifting Treasury yields. The greenback's weakness provided a powerful tailwind for precious metals, with gold and silver posting sharp gains amid ongoing geopolitical tensions and concerns over U.S. fiscal policy.
Crude oil and gasoline futures rallied sharply Tuesday, reversing earlier losses, as a weakening US dollar and escalating military tensions in the Middle East triggered a wave of buying. The gains highlight the market's acute sensitivity to geopolitical risk and currency fluctuations.
U.S. natural gas futures clawed back some of Monday's steep losses on Tuesday, buoyed by a mixed weather outlook and lingering supply concerns. While forecasts point to warmer conditions in parts of the country, colder spells in key regions and robust export demand provided support, highlighting the market's continued sensitivity to short-term factors.
Fueled by record engagement in its flagship franchises and a resurgent mobile division, Take-Two Interactive has delivered a blockbuster third quarter, prompting the company to significantly raise its financial guidance for fiscal 2026 as it builds momentum toward the highly anticipated launch of Grand Theft Auto VI.
Buoyed by disciplined cost management and a sharpened focus on its integrated ecosystem, Sonos reports robust Q1 profitability and details a strategic roadmap to reignite durable revenue growth in fiscal 2026.
Despite boasting a stellar Return on Equity, Nestlé (Malaysia) Berhad's stock has faced headwinds. Analysts point to a near-total dividend payout strategy, leaving scant capital for reinvestment and growth, as a key factor behind its shrinking earnings in a growing market.
Lumen Technologies (NYSE: LUMN) surpassed Wall Street's revenue expectations for Q1 2026, posting $3.04 billion in sales. However, the results reveal a 4.4% year-over-year decline and ongoing struggles in its core enterprise segment, casting a shadow over the telecom infrastructure provider's turnaround efforts.
In a complex economic climate, companies with substantial insider ownership can signal strong alignment between management and shareholders. We examine three Asian firms—spanning biotech, logistics, and agriculture—where insiders hold significant stakes, potentially pointing to conviction in future growth.
For many Americans approaching retirement, savings may not match their timeline. Financial experts outline actionable steps to bolster nest eggs, even with time running short.
While global economic signals remain mixed, a closer look at Asia's small-cap landscape reveals resilient performers with strong fundamentals. We spotlight three Japanese companies—Nihon Dengi, DKS, and Enplas—that are delivering robust growth and sound financials, potentially offering a haven for discerning investors.
Prudential Financial reported fourth-quarter revenue of $14.52 billion, aligning with analyst expectations, though adjusted earnings per share slightly missed estimates. The insurance giant's core premiums showed strength, while book value growth signals a potential turnaround.
Despite broader retail sector challenges, Simon Property Group reports strong fourth-quarter earnings, driven by rising rents and active leasing. CEO David Simon outlines strategic opportunities arising from the Saks Global restructuring while flagging ongoing concerns over the impact of tariffs on mid-tier retailers.
A new report from think tank FashionSights argues the disruptive forces that hollowed out fashion's middle market are now climbing the value ladder, threatening the premium segment's stability.
A proposed UN framework could tie fossil fuel profits to climate reparations, but member states are split on the plan's feasibility and fairness, as legal battles against 'Big Oil' intensify globally.
The closure of the Saks Off 5th store at Twin Cities Premium Outlets marks the end of an era for the discount retailer in Minnesota, following its parent company's bankruptcy filing and strategic shift away from physical off-price locations.
Despite travel disruptions, Cosmoprof Miami's third edition emerged as a pivotal crossroads for global beauty, marked by a surge in Middle Eastern fragrance houses, sophisticated K-beauty, and wellness-driven formats.
Senate Minority Leader Chuck Schumer's comparison of the SAVE Act to 'Jim Crow' laws draws criticism, as critics point to his similar claims about Georgia's voting law which were followed by record minority voter turnout.
American Financial Group (AFG) reported fourth-quarter revenue that edged past Wall Street expectations, though its modest 1.8% year-over-year growth highlights a broader slowdown. While per-share earnings beat estimates, a key underwriting metric fell short, sending shares lower.
U.S. software stocks extended losses Tuesday as investors grappled with the potential for new AI technologies to automate core business functions, threatening established revenue models across legal, sales, and marketing sectors.
