Explore the latest finance news, stock market updates, business trends, and expert insights to stay ahead in the financial world
Philanthropist MacKenzie Scott donated $7.1 billion to nonprofits in 2025, a dramatic increase from her previous annual totals and one that experts said is redefining norms around large scale, unrestricted giving. Scott disclosed the figure in an essay posted Tuesday to her website, calling the total “a vanishingly tiny fraction of the personal expressions of … Read more
A Florida ticket holder is starting the week with a major windfall after state lottery officials confirmed that a $1 million prize was won in Monday night’s drawing, even as the Powerball jackpot surged to an estimated $930 million for Wednesday. No ticket matched all six numbers, allowing the growing pot to edge closer to … Read more
The dollar eased Monday as global investors positioned for a pivotal week dominated by the highly anticipated Fed interest rate decision, a move widely expected to deliver a cut paired with unusually firm guidance. Currency markets have drifted lower for three straight weeks, yet traders continue to rebuild bullish bets ahead of the central bank’s … Read more
Canada is weighing approval of a new oil pipeline that would transport bitumen from Alberta to the British Columbia coast, sparking renewed concerns among First Nations about potential environmental damage. The proposal comes nearly a decade after a major diesel spill near the entrance to Seaforth Channel, which devastated local communities and highlighted the dangers … Read more
Netflix’s $72 billion deal to acquire Warner Bros. Discovery’s core studio and streaming assets stunned investors and Washington on Friday, setting off an immediate battle over whether regulators will allow the world’s largest streaming service to grow even larger. The agreement, which would place HBO, HBO Max, and Warner Bros.’ legendary film library under the … Read more
BERN, Switzerland — The Swiss government is preparing to scale back parts of a proposed regulatory package that could require UBS to raise as much as $24 billion in additional capital, according to three people familiar with the discussions. The potential softening of the UBS capital rules comes after weeks of pushback from the banking … Read more
The European Union and the Group of Seven nations are weighing a full ban on maritime services for Russian oil exports, a move that would replace the existing price cap and tighten pressure on Moscow’s wartime revenue streams, according to six people familiar with the talks. The discussions mark the most significant shift in Western … Read more
Meta stock climbed about four percent Thursday after a Bloomberg report said Chief Executive Mark Zuckerberg was preparing to make major cuts to the company’s metaverse operations. The potential reductions, which sources told Bloomberg could reach as high as 30 percent, would mark the most significant pullback since Meta rebranded from Facebook in 2021 to … Read more
WASHINGTON — Venture Global executives’ acquisitions of company shares have sparked scrutiny following regulatory approvals for liquefied natural gas exports, though officials maintain the purchases adhered to securities laws and company policy. The transactions and subsequent market movements have raised questions about potential conflicts of interest, amid broader concerns over energy market volatility. A spokesperson … Read more
The Powerball jackpot continued its upward trajectory Wednesday night after no one claimed the top prize in the Dec. 3 drawing, leaving the estimated grand prize at $820 million, with a cash value of $383.5 million. The draw produced winning numbers 1, 14, 20, 46, 51, and the Powerball 26, with a 3X Power Play … Read more
