Author: Daniel snow

Robinhood stock tops $100, ripping 30% since S&P 500 snub

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[ad_1] CANNES — Robinhood stock hit the $100 mark for the first time, capping off a week of fresh all-time highs and renewed investor confidence. Shares are now tracking their best performance since April, up more than 30% since the trading app was snubbed from the S&P 500.The milestone follows a major strategic swing in Europe, where Robinhood unveiled its most ambitious crypto expansion to date — one aimed at re-engineering the financial infrastructure itself. At an event held in a Belle Époque mansion along the French Riviera, Robinhood executives laid out a vision to bring thousands of tokenized stocks,…

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Inside America’s department stores, tariff price hikes pick up

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[ad_1] A customer shops for a purse in a Macy’s store on March 25, 2025 in Austin, Texas. Brandon Bell | Getty Images News | Getty ImagesThe impact of President Trump’s tariffs on prices throughout the economy is expected to increase over the summer. At U.S. department store chains including Macy’s, Nordstrom, and Dillard’s, the evidence of more sticker price inflation is starting to show up across more items.Recent price increases in apparel, footwear, and bags across major U.S. department-store websites tracked by DataWeave indicate a turning point in May, when prices started their ascent.DataWeave analyzes nearly 15,000 SKUs (stock…

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It’s causing them to ‘burn out faster’

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[ad_1] In the wake of high-profile layoffs, many workers are feeling anxious about job security.U.S. employers reported nearly 700,000 job cuts in the first five months of 2025, according to outplacement services firm Challenger, Gray and Christmas, an 80% increase compared to job cuts in the first five months of 2024.It’s little wonder, then, that 46% of Americans report feeling “concerned” about layoffs in the next year, according to a recent Indeed survey.The fear of losing your job can be all-consuming, affecting everything from your productivity to your personal relationships.According to executive coach and licensed social worker Melody Wilding, layoff…

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Trump announces U.S. trade deal with Vietnam

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[ad_1] A worker stitches apparels at a garment factory in Vietnam’s Thai Nguyen Province on July 2, 2025. Nhac Nguyen | Afp | Getty ImagesPresident Donald Trump said Wednesday that the United States has struck a trade deal with Vietnam.Trump’s Truth Social post announcing that deal provided no additional information, but assured that more details were forthcoming.The agreement was unveiled less than a week before a 90-day pause on many of Trump’s so-called reciprocal tariffs was set to expire.Under that protectionist trade scheme, Vietnamese imports to the U.S. were subject to a 46% blanket tariff.It was not immediately clear what…

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Elon Musk’s X is down for some users

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[ad_1] The X logo appears on a phone, and the xAI logo is displayed on a laptop in Krakow, Poland, on April 1, 2025. (Photo by Klaudia Radecka/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesElon Musk’s social media platform X was hit with an outage on Wednesday, leaving some users unable to load the site.More than 15,000 users reported issues with the platform at around 9:53 a.m. ET, according to analytics firm Downdetector, which gathers data from users who spot glitches and report them to service.The site has suffered from multiple disruptions in recent months. [ad_2] Source link

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