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SEC Approves Half-Penny Stock Pricing

The U.S. Securities and Exchange Commission (SEC) made a decision that will have a profound effect on stock trading. Moving forward, stock exchanges will...
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Olive Garden Parent Darden Restaurants Misses on Q1 Earnings, Maintains Full-Year Forecast

Darden Restaurants, the parent company of casual dining restaurant chain Olive Garden, shared disappointing earnings for the first fiscal quarter of 2025 that saw...
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Google Offered to Sell Advertising Marketplace AdX to End EU Antitrust Investigation

Google has reportedly offered to sell its advertising marketplace AdX in an effort to end an ongoing antitrust investigation brought up by European Union’s...
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Fed Lowers Rates By 50 Basis Points, Signals 2 More Cuts in 2024

The Federal Reserve announced on Wednesday that it is lowering its interest rate by 50 basis points or half a percentage point. Additionally, the...
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GameStop CEO Ryan Cohen to Pay Fine of Nearly $1 Million for Failing to Disclose Wells Fargo Stake

On Wednesday, the Federal Trade Commission (FTC) announced that GameStop CEO Ryan Cohen will be required to pay nearly $1 million in fines after...
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Alaska Airlines Completes the $1.9 Billion Acquisition of Hawaiian

The fifth-largest U.S. carrier, Alaska Airlines, received a green light to complete its $1.9 billion acquisition of Hawaiian Airlines, the 10th largest airline in...
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U.S. Steel “Confident” About Nippon Steel Deal Going Through

Japanese steelmaker Nippon Steel’s $14.9 billion bid for American steel producer U.S. Steel is yet to be cleared by U.S. regulators, and many experts...
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Zillow Stock Upgraded By Wedbush Analyst Amid Decreasing Mortgage Rates

Real-estate tech firm Zillow had its stock upgraded by Wedbush Securities analyst Jay McCanless. In a note sent to clients, McCanless said that he...
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