Finance

No change yet following the Fed rate cut

No change yet following the Fed rate cut

Today’s HELOC rates are unchanged following the interest rate cut announced by the Federal Reserve on Wednesday. The prime rate is holding firm for now, but when it drops, home equity line o...

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BofA’s Hartnett Says Magnificent 7 Stock Bubble Is Still Growing

BofA’s Hartnett Says Magnificent 7 Stock Bubble Is Still Growing

(Bloomberg) — The bubble that has formed in US Big Tech stocks over the past two years has further to run and investors should position for more gains, according to Bank of America Corp. (BAC) str...

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Chinese iPhone Buyers Complain of Scratches on New Pro Models

Chinese iPhone Buyers Complain of Scratches on New Pro Models

(Bloomberg) — Many gadget shoppers in China took to social media on Friday with photos of scratches on the back of the newly released iPhone 17 lineup from Apple Inc. (AAPL), potentially marring t...

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Analysis-BlackRock, Vanguard scale back company talks as new guidance bites

Analysis-BlackRock, Vanguard scale back company talks as new guidance bites

By Ross Kerber (Reuters) – The world’s two biggest asset managers sharply scaled back the number of meetings held with company bosses this year, disclosures show, as new guidance made...

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Nvidia pledges to invest £2 billion to boost AI start-ups in the UK

Nvidia pledges to invest £2 billion to boost AI start-ups in the UK

The world’s biggest public company Nvidia announced on Thursday that it would invest £2 billion (€2.3bn) in UK artificial intelligence start-ups. The pledge comes as a number of other tech f...

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