Bill Ackman finds himself having an IPO day.
The dual IPO of asset manager Pershing Square Inc. and his closed-end fund Pershing Square USA is slated to haul in $5 billion, toward the low end of his original $5 billion to $10 billion target. Institutional investors are covering 85% of the deal.
» Read more about: Bill Ackman on OpenAI, tech stocks, and his big IPO »
According to recent data from the Stockholm International Peace Research Institute (SIPRI), global military expenditure reached a record $2.89 trillion in 2025, marking a 2.9% rise. As a share of GDP, global military spending climbed to 2.5%, its highest level since 2009.
Surprisingly, for the first time in recent history,
» Read more about: Defense ETFs to Buy as Global Military Spending Rises 2.9% »
Bloom Energy (NYSE: BE) stock is off to the races Wednesday, surging 22.5% through 10:35 a.m. ET after crushing on Q1 2026 earnings last night.
Analysts expected Bloom to earn $0.13 per share pro forma on sales of $530.4 million, but Bloom blew past those numbers.
US stock market today: Why Dow Jones Industrial Average falls while S&P 500 and Nasdaq Composite hold steady? The US stock market today is sending a confusing signal. The Dow Jones Industrial Average is falling, yet the S&P 500 and Nasdaq are holding gains.
There is a tendency for people who have worked and saved up money to steer clear of the stock market when deciding what to do with their cash.
» Read more about: Two investment strategies for people who are afraid of the stock market »
The idea of retirement had always been simple. Work for a few years longer. Save more. Retire comfortably. For decades, this has been the quiet promise behind modern retirement planning. But that promise is starting to crack. New research suggests that working longer is no longer a reliable safety net. In fact, for many, it is a plan that never materialises.
The Federal Reserve on Wednesday will issue its latest announcement on interest rates as gasoline prices in the U.S. reach their highest level in four years. The move marks what may be the central bank’s final decision on borrowing costs under the leadership of Fed Chair Jerome Powell.
The policy announcement is set to arrive at an uneasy moment for the central bank.
» Read more about: Federal Reserve to announce what may be the final rate decision under Powell »
The Federal Reserve on Wednesday will issue its latest announcement on interest rates as gasoline prices in the U.S. reach their highest level in four years. The move marks what may be the central bank’s final decision on borrowing costs under the leadership of Fed Chair Jerome Powell.
The policy announcement is set to arrive at an uneasy moment for the central bank.
» Read more about: Federal Reserve to announce what may be the final rate decision under Powell »
Rising prices and broader economic pressures are reshaping young Americans’ appetite for romance, with date-night inflation forcing many to step back from the scene altogether.
According to the BMO Real Financial Progress Index, released in February, nearly half (47 percent) of singles in the U.S. say dating is no longer worth the price.
» Read more about: US Economy is Putting Young People Off Dating »
The Federal Reserve is overwhelmingly favored to hold interest rates steady again on Wednesday, in what is likely Jerome Powell’s final meeting as the central bank’s chair amid a contentious relationship with President Donald Trump.
Powell’s term as the central bank chair expires next month.
» Read more about: Federal Reserve Will Likely Hold Rates Steady In Jerome Powell’s Final Meeting »