This founder went from designing Happy Meal toys to making prosthetic skulls for a living—and her company now rakes in $20 million a year

Transportation secretary says he doesn’t plan to fire air traffic controllers who don’t show up for work during shutdown

NeutralFinancial Markets

The Transportation Secretary has stated that he does not intend to dismiss air traffic controllers who fail to report for work during the ongoing shutdown. This decision comes as the FAA grapples with a significant shortage of approximately 3,000 controllers, which has been a persistent issue. The situation is critical as it highlights the challenges faced by the aviation industry and the potential impact on air travel safety and efficiency.

Trump’s nuclear weapons tests will involve ‘noncritical explosions,’ not atomic blasts, energy secretary says

NeutralFinancial Markets

The U.S. energy secretary has clarified that upcoming nuclear weapons tests will include noncritical explosions rather than atomic blasts. This testing aims to ensure that all components of nuclear weapons function correctly, which is crucial for maintaining national security and the effectiveness of the nuclear arsenal. While the tests are not intended to simulate actual nuclear detonations, they play a vital role in verifying the reliability of the weapons system.

It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street

Fortune4 hours ago

PositiveFinancial Markets

Recent findings from Oxford Economics reveal that a $1 increase in stock wealth now leads to a $0.05 increase in consumer spending, a significant rise from just $0.02 in 2010. This shift highlights the growing connection between the stock market and the economy, suggesting that both the Federal Reserve and Congress may feel more compelled to support Wall Street. Understanding this relationship is crucial as it could influence economic policies and consumer behavior moving forward.

Latest from Financial Markets

Transportation secretary says he doesn’t plan to fire air traffic controllers who don’t show up for work during shutdown

NeutralFinancial Markets

RBNZ stress test finds top banks strong against geopolitical risks

Investing.com3 hours ago

PositiveFinancial Markets

The Reserve Bank of New Zealand (RBNZ) has conducted a stress test revealing that the country's major banks are well-prepared to handle potential geopolitical risks. This is significant as it highlights the resilience of the banking sector in New Zealand, ensuring stability for consumers and investors alike. With global uncertainties on the rise, the findings provide reassurance that the financial system can withstand external shocks.

Stocks Set for Mixed Open, OPEC+ to Pause Hikes: Markets Wrap

via Investing.com

Bloomberg3 hours ago

NeutralFinancial Markets

Asian stocks are expected to open cautiously as investors look for new catalysts following a strong performance in global equities, which have seen a winning streak for seven consecutive months. This pause in OPEC+ hikes adds an interesting dynamic to the market, as traders assess the implications for oil prices and overall economic stability.

Why Target stock isn't a buy despite being near its 52-week low

via Bloomberg

TheStreet3 hours ago

NegativeFinancial Markets

Despite Target's stock being close to its 52-week low, experts suggest it's not a good buy right now. While buying near lows can be tempting, Target's current struggles indicate it may not be a solid investment. This matters because it highlights the importance of evaluating a company's overall health rather than just its stock price.

Bank of America sounds alarm on Tesla’s problem

via TheStreet

TheStreet3 hours ago

NegativeFinancial Markets

Bank of America has raised concerns about Tesla's future, signaling potential challenges ahead for the company's stock. This matters because Tesla has been a major player in the electric vehicle market, and any negative outlook could impact investor confidence and market dynamics.

via TheStreet

Trump’s nuclear weapons tests will involve ‘noncritical explosions,’ not atomic blasts, energy secretary says

NeutralFinancial Markets