In a noteworthy financial maneuver, Acurx Pharmaceuticals recently announced its board’s approval for the purchase of up to $1 million worth of bitcoin, marking a significant shift in its treasury management strategy. This decision arrives amid a landscape where cryptocurrencies are steadily gaining traction as legitimate assets for corporate reserves. While the company’s stock has
The latest data from the Mortgage Bankers Association (MBA) reveals a contrasting trend in mortgage demand despite a steady increase in mortgage rates. In what seems to be a direct response to shifting market conditions, the total volume of mortgage applications climbed by 1.7% last week compared to the previous week. This surge comes after
As electric vehicles (EVs) become a prominent choice for car buyers seeking sustainable alternatives, the impending political landscape introduces an urgent call for action among prospective EV customers. The recent discourse surrounding the potential elimination of tax credits, particularly under a new administration, raises significant concerns regarding availability and affordability for consumers. Below, we delve
In recent years, the United States has been experiencing what industry leaders are calling an “industrial renaissance.” This surge in capital demand reflects the country’s growing economic needs and investment opportunities, as articulated by Marc Rowan, CEO of Apollo Global Management, at the Global Financial Leaders’ Investment Summit in Hong Kong. With a reaffirmed focus
As the media landscape continues to undergo tumultuous transformations driven by the rise of streaming platforms, Comcast has decided to take actionable steps to adapt to the evolving marketplace. A recent announcement reveals that Comcast is moving forward with the spinoff of its cable network channels, an initiative that could reshape the company’s operational focus
The landscape of payment processing in the United States is at a pivotal crossroads as the Senate Judiciary Committee convened to discuss the significant influence of Visa and Mastercard on interchange fees. This dialogue, which resonates bipartisan concern, highlights not only the struggles faced by small business owners but also the intricate dynamics of technology
The landscape of student loan management often presents borrowers with a multitude of choices, but enrolling in automatic payments is frequently touted as a no-brainer. While many lenders advocate for this approach by highlighting the convenience and potential interest rate discounts, a recent report from the Consumer Financial Protection Bureau (CFPB) reveals a more troubling
In the fast-evolving field of cybersecurity, market analysts are keenly focused on the upcoming quarterly results for major players like Palo Alto Networks and CrowdStrike. The momentum these companies have garnered from recent analyst upgrades indicates a growing confidence in their respective business models and strategies, especially as cybersecurity threats continue to escalate. Analysts from
As the political landscape evolves, the impending discussions among congressional lawmakers about expiring tax breaks and the ambitious proposals of President-elect Donald Trump highlight a crucial moment in the formulation of tax policy. With the majority held by Republican lawmakers in both the House of Representatives and the Senate, there lies the opportunity for significant
The complex landscape of international trade and tariffs is a topic that weighs heavily on the minds of economists, retailers, and consumers alike. As President-elect Donald Trump proposed a substantial increase in tariffs, which could affect a wide range of imported goods, retailers are preparing for potential repercussions. As John David Rainey, Walmart’s Chief Financial