Month: October 2025
Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about
Longtime investor Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise, a stage of the cycle that Warren Buffett had warned about. The chair and CEO of the Omega Family Office read a quote from the “Oracle of Omaha” on CNBC’s “Money Movers” Wednesday, […]
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Microsoft sales chief Althoff gets new role as CEO of company’s commercial business
President of Microsoft North America Judson Althoff speaks on stage during We Day at KeyArena on April 23, 2015 in Seattle, Washington. Mat Hayward | Getty Images Microsoft‘s top-ranking sales leader, Judson Althoff, has been promoted to a bigger role as CEO of the company’s commercial business. Satya Nadella, Microsoft’s CEO, wrote in a memo […]
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Microsoft launches AI and productivity software bundle for consumers
Yusuf Mehdi, executive vice president and consumer chief marketing officer at Microsoft, speaks at a company briefing in Redmond, Wash., on May 20, 2024. Microsoft unveiled a new category of PC that features generative artificial intelligence tools built into Windows, the company’s world-leading operating system. Jason Redmond | AFP | Getty Images Microsoft said Wednesday […]
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Government shutdown means opportune timing for Neptune Flood IPO
The timing of Neptune Insurance Holdings’ IPO couldn’t be more opportune. Neptune, the nation’s largest private flood insurance, debuts on the New York Stock Exchange Wednesday under the ticker symbol “NP.” The company sold more than 18 millions shares in its initial public offering at $20 apiece. The company’s first trade comes just as the […]
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Supreme Court lets Fed Governor Lisa Cook keep job pending oral argument in January
The Supreme Court on Wednesday allowed Federal Reserve Governor Lisa Cook to remain in her post pending oral arguments in January on whether President Donald Trump has legal cause to fire her. The court’s move is a blow to Trump, who has repeatedly and unsuccessfully asked federal courts to allow him to terminate Cook from […]
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Microsoft hikes price of top-tier Xbox Game Pass Ultimate by $10
A gamer plays soccer title Pro Evolution Soccer 2019 on an Xbox console. Sezgin Pancar | Anadolu Agency via Getty Images Microsoft is raising the Xbox Game Pass Ultimate subscription price by 50% to $29.99 per month, effective immediately, the company announced Wednesday. The $10 spike comes with a slew of changes to all its […]
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States sue Zillow, Redfin for alleged antitrust violation in online rental housing
Rafael Henrique | Lightrocket | Getty Images Attorneys general from five states sued Zillow and Redfin on Wednesday, alleging the companies schemed to stop competition in the online housing rental market. The lawsuit follows a similar one filed by the Federal Trade Commission on Tuesday. Officials from New York, Arizona, Connecticut, Washington and Virginia jointly […]
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Trump administration freezes $18 billion in New York City infrastructure projects, Vought says
Director of the US Office of Management and Budget (OMB) Russell (Russ) Vought speaks to reporters outside the West Wing of the White House on July 17, 2025, in Washington, DC. Andrew Caballero-Reynolds | Afp | Getty Images The Trump administration has frozen about $18 billion for two major infrastructure projects in New York City […]
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How stablecoins could change the way Americans shop in stores
Stablecoins are making major strides in mainstream adoption. The blockbuster IPO of USDC issuer Circle and the GENIUS Act stablecoin bill becoming law in the U.S. in July boosted excitement for cryptocurrencies that are pegged to the price of the U.S. dollar. Now, small and medium-sized businesses in the U.S. are exploring how the technology […]
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Gen Z favorite toymaker Jellycat doubles annual profit in adult-fueled toy craze
Guests browse Jellycat products at Nordstrom Michigan Avenue on September 30, 2025 in Chicago, Illinois. Jeff Schear | Getty Images Entertainment | Getty Images British toybrand Jellycat, loved by Gen Z globally, more than doubled its profit in 2024 on the back of a “kidult” driven craze for toys as more adults turn to soft […]
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