Estimated reading time: 5 minutes Key Takeaways Invesco plans to convert its flagship QQQ ETF into an *open-end fund* to unlock greater flexibility. Expense ratio is set to fall from …
-
-
Estimated reading time: 4 minutes Key Takeaways The Dow Jones Industrial Average dipped 0.3 % on 18 July 2025, closing at 44,342.19. Other benchmarks diverged, with the Nasdaq eking out a slight …
-
Estimated reading time: 6 minutes Key Takeaways The GENIUS Act delivers the first nationwide rulebook for dollar-linked stablecoins. Issuers must maintain fully backed, high-quality liquid reserves at all times. A …
-
Estimated reading time: 6 minutes Key Takeaways Average U.S. tariff rates now sit between 14.7 % and 22.5 %, levels unseen for decades. Households face an estimated $2,000–$3,800 annual cost increase because of …
-
Estimated reading time: 6 minutes Key Takeaways Dining out spending is rising even as travel demand cools. The American Express Q2 2025 earnings report shows 9 % revenue growth fueled by restaurant …
-
Estimated reading time: 6 minutes Key Takeaways Equity markets were mixed this week, with the S&P 500 edging higher while the Nasdaq slipped. Inflation stayed stubborn as the Consumer Price Index rose 0.4 percent …
-
Estimated reading time: 6 minutes Key Takeaways Lower mortgage rates may increase buying power but can simultaneously inflate house prices when supply is tight. The 30-year fixed mortgage rate hovers …
-
Estimated reading time: 6 minutes Key Takeaways Chevron’s $53 billion acquisition of Hess Corporation closed in July 2025. Deal grants Chevron a prized 30% stake in Guyana’s Stabroek Block and boosts its …
-
Estimated reading time: 6 minutes Key Takeaways Every eligible newborn from 2025–2028 will receive US$1,000 in a government-funded Trump account. Accounts are custodial until age 18 and can be used …
-
Estimated reading time: 4 minutes Key Takeaways Record Q2 revenue of $5.85 billion and a 4.6 % EPS surprise Shares jumped to an all-time high as investors applauded the beat Client assets …