Economy

Hertz surges after Bill Ackman takes big stake in the rental car firm

Bill Ackman, the CEO of Pershing Square Capital Management, made a bold move by taking a substantial stake in Hertz, the rental-car company that emerged from bankruptcy four years ago.

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.

Lasted Economy

Dow, S&P 500, Nasdaq slide as inflation, tariff fears push stocks to another losing week

US stocks experienced a decline on Friday in response to the potential threat of additional tariffs from the Trump administration.

The 1989 Repeal of an Entitlement

In a recent article titled “Undoing Past Policies: How Likely Are Repeals in the 119th Congress?” by political scientist Jordan

AMZN, PINS, EXPE and more

Amazon's stock took a hit in after-hours trading after the e-commerce giant issued weaker-than-expected guidance for the current quarter. The

DeepSeek Shock Fires Up Bullish Bets on Cheap China Tech Stocks

China's dominance in the field of artificial intelligence (AI) has triggered a surge of optimism in the country's tech sector,

Big Tech, Magnificent 7 stock exposure: Time to reduce?

In today's market, the dominance of Big Tech companies like Apple, Microsoft, Nvidia, Amazon, Meta Platforms, Alphabet, and Tesla has

Electric-truck maker Nikola nears bankruptcy filing, WSJ reports

Electric-Truck Maker Nikola Nearing Bankruptcy Filing, Shares Plummet (Reuters) - Electric-truck maker Nikola is on the brink of filing for

Reno on the Banishing of the Strong Gods

The idea that critical questioning and independence were the keys to moral progress gained traction over time, leading to a

How the U.S. has used tariffs through history — and why Trump is different

Tariffs have been a key tool in the United States' trade arsenal since the country's founding in the 18th century.