Business News

Williams confirmed her comeback to professional tennis on June 1, accepting a wild-card invitation to compete at the HSBC Championships in London. The announcement comes nearly four years after the tennis icon made her emotional exit from the sport at the 2022 U.S. Open, stunning fans worldwide. Williams has won 23 major singles titles, 73…

Nvidia has announced a series of landmark deals in South Korea with major technology firms including SK Hynix and Naver to secure critical memory chips for its AI ambitions. The agreements were struck during a high-profile visit by Nvidia CEO Jensen Huang to South Korea, where he met the country’s top corporate leaders across a…

Novo Nordisk’s oral Wegovy pill has surpassed three million prescriptions in just over five months, cementing its place among the strongest U.S. pharmaceutical launches by volume on record. The three million prescription milestone translates to roughly one prescription filled every five seconds, reflecting relentless consumer demand since the drug became available in January 2026. Wegovy…

U.S. stock futures fell modestly on Tuesday as renewed strikes in the Persian Gulf rattled investor confidence and pushed oil prices sharply higher. Nasdaq futures and S&P 500 futures each edged down roughly 0.1%, reflecting the market’s uneasy response to escalating tensions in the region. Oil prices surged above $100 a barrel, a threshold that…

Wall Street’s longest winning streak in three years came to an abrupt end as investors abandoned high-flying technology shares in dramatic fashion. A stronger-than-expected May jobs report reignited fears that U.S. interest rates could rise again before the end of the year, rattling equity markets broadly. The Nasdaq composite suffered its worst single-day decline in…

Despite constant chatter about rising oil prices on earnings calls, most S&P 500 companies say the impact on their bottom lines remains limited for now. The word “oil” came up on 149 earnings calls held by S&P 500 companies between March 15 and June 5, according to a FactSet analysis of call transcripts. That figure…

At 75, this couple carries $1.5 million invested in the stock market alongside $425,000 spread across CDs and a savings account. Both spouses collect Social Security, she receives a pension, and he continues to work while earning 80% of his salary upon retirement. The couple is entirely debt-free and she holds a long-term-care insurance policy,…

A new wave of experimental weight-loss drugs is drawing serious attention from researchers and patients frustrated with the limitations of current GLP-1 medications. Drugs like Zepbound and Wegovy have transformed obesity treatment, but persistent side effects such as severe nausea and vomiting remain a significant barrier for many patients. Scientists are now developing alternatives that…

Silicon Valley’s biggest names are pushing back against a proposed California wealth tax, even as their empires were built on a foundation of public funding and government support. The ballot initiative, set for the November 2026 election, would impose a one-time 5% wealth tax on California billionaires, structured as annual installments of 1% paid over…

The S&P 500 posted nine consecutive weekly advances heading into the close of May, delivering a 5.3% total return for the month. Despite the headline gains, market leadership has grown increasingly narrow, with large numbers of individual stocks lagging behind their own moving averages. That divergence raises serious questions about the underlying health of the…