Year: 2025
Rich American Express customers continue to spend freely, with one exception
American Express has long benefited from a focus on wealthier customers who appreciate the credit card company’s travel and dining perks. That has helped insulate the company from concerns over a spending slowdown. In the second quarter, total spending on Amex cards jumped 7%, matching the first quarter and higher than the 6% increase a […]
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Sarepta shares plunge 40% as future of its gene therapy appears at risk
Douglas Ingram, president and chief executive officer of Sarepta Therapeutics Inc., during the Forbes Healthcare Summit in New York, US, on Tuesday, Dec. 5, 2023. Michael Nagle | Bloomberg | Getty Images Shares of Sarepta Therapeutics plunged more than 30% on Friday as the future of its approved gene therapy treatment appeared at risk. The […]
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FBI agents were told to ‘flag’ any Epstein records that mentioned Trump, Sen. Durbin says
Ranking member Sen. Richard Durbin, D-Ill., arrives for the Senate Judiciary Committee hearing in Dirksen building on Tuesday, June 17, 2025. Tom Williams | CQ-Roll Call, Inc. | Getty Images FBI agents assigned earlier this year to review investigative files in the criminal case against notorious sex offender Jeffrey Epstein were instructed to “flag” any […]
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Trump pushes for 15-20% minimum tariffs on European Union: FT
US President Donald Trump speaks during a meeting with Bahraini Crown Prince Salman bin Hamad al-Khalifa in the Oval Office of the White House in Washington, DC, on July 16, 2025. Andrew Caballero-Reynolds | AFP | Getty Images U.S. President Donald Trump is demanding a minimum of 15-20% tariffs on imports from the European Union, […]
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Epstein files: House Speaker Johnson wants ‘maximum transparency’
House Speaker Mike Johnson, R-La., said Friday that he and House Republicans want “maximum transparency” on notorious sex offender Jeffrey Epstein and called for more information to be made public. “Everybody wants the Epstein files, which is the real documents related to Jeffrey Epstein, Ghislaine Maxwell and anybody associated with that. We want the American people […]
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Stocks making the biggest moves midday: Talen Energy, Invesco, Netflix, Coinbase and more
Here are some of the names making big moves in midday trading. Talen Energy – Shares popped more than 23%. Talen said that it has signed agreements to acquire Moxie Freedom Energy Center in Pennsylvania and the Guernsey Power Station in Ohio – a pair of combined-cycle gas-fired plants. The deal comes out to $3.5 […]
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Ether and trading stocks take the crypto spotlight as Congress passes historic stablecoin bill
Jonathan Raa | Nurphoto | Getty Images Ether and other crypto related stocks climbed to end the week as the GENIUS Act heads to President Donald Trump’s desk to be signed into law. Bitcoin and its proxies took a breather. The price of ether was last higher by 3.6% at $3,558.68, according to Coin Metrics, […]
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Trump appointees pushed more marble in Fed building renovation White House now attacks
The Federal Reserve building is seen as it goes under construction on July 17, 2025 in Washington, DC. U.S. Michael M. Santiago | Getty Images President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim grounds to fire Chair Jerome Powell, with whom he has tussled for […]
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Meta says it won’t sign Europe AI agreement, calling it an overreach that will stunt growth
Jakub Porzycki | Nurphoto | Getty Images Meta Platforms declined to sign the European Union’s artificial intelligence code of practice because it is an overreach that will “stunt” companies, according to global affairs chief Joel Kaplan. “Europe is heading down the wrong path on AI,” Kaplan wrote in a post on LinkedIn Friday. “This code […]
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Why Delta and United are pulling away from the airline pack
A Delta Air Lines plane takes off at Reagan National Airport in Arlington, Virginia, on Dec. 24, 2021. Eric Lee | Bloomberg | Getty Images For United Airlines CEO Scott Kirby, there’s his airline, his carrier’s main rival, Delta Air Lines, and then everyone else. Delta and United accounted for more than 86% of the […]
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