Author: Daniel snow
Melius analysts expect more AI-chip sales as demand grows for running AI models and for AMD’s new offerings to attract hyperscaler and sovereign customers. Source link
The Good Brigade | Digitalvision | Getty ImagesProposed federal spending cuts to health care in Republicans’ “One Big Beautiful Bill Act” may increase some families’ medical debts by as much as $22,800, according to a new report from Third Way, a Washington, D.C.-based think tank.The Republican budget bill proposes $1.1 trillion in cuts to health care that target both Medicaid and Affordable Care Act coverage. An estimated 16 million people may lose health coverage based on those proposals, the Congressional Budget Office has estimated — 7.8 million who would lose Medicaid and 8.2 million who would lose Affordable Care Act coverage.Overall,…
A new study finds that women face higher rates of workplace accidents—and harassment—due to lingering attitudes and practices in traditionally male dominated industries. Source link
If you’re worried about this move being too risky, wait until you see the top asset of those already using a 401(k) brokerage window. Source link
A for sale sign is displayed near a home on April 24, 2025 in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesSales of previously owned homes rose very slightly in May, up 0.8% from April, to a seasonally adjusted, annualized rate of 4.03 million units, according to the National Association of Realtors. Housing analysts had been predicting a 1% decline. Sales were 0.7% lower than May of last year.Sales were strongest in the Northeast, up 4.2% month-to-month. They also rose in the Midwest and South, but they fell in the West, down 5.4%. The West is the most…
A report by Deutsche Bank highlights where pricing is strange in markets. Source link
An Atlas V rocket of United Launch Alliance (ULA) lifts off from Space Launch Complex 41 at the Kennedy Space Center in Cape Canaveral, Florida on June 23, 2025. Gregg Newton | Afp | Getty ImagesAmazon’s second batch of Kuiper internet satellites reached low Earth orbit on Monday, adding to its plans for a massive constellation and ramping up competition with SpaceX’s Starlink.A United Launch Alliance rocket carrying 27 Kuiper satellites lifted off from a launchpad at the Cape Canaveral Space Force Station in Florida at 6:54 a.m. ET, according to a livestream.”We have ignition and lift off of United…
Sales of existing homes inched up slightly in May but remained depressed as buyers shied away from a housing market that features painfully high interest rates and home prices. Source link
Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets and Policy event at Georgetown University in Washington, DC, US, on Friday, June 6, 2025. Bloomberg | Bloomberg | Getty ImagesFederal Reserve Governor Michelle Bowman said Monday she would favor an interest rate cut at the next policy meeting in July so long as inflation pressures stay muted.In remarks for a speech in Prague, Bowman became the second central banker in recent days to suggest that President Donald Trump’s tariffs are likely to have a temporary and muted impact on…
Hims & Hers Health Inc.’s stock fell sharply on Monday after pharmaceutical giant Novo Nordisk, maker of the weight-loss drug Wegovy, said it was ending a collaboration with the telehealth-consultation company less than two months after it started. Source link