Business

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Musk Becomes World’s First Trillionaire As SpaceX Shares Jump

Shares in Elon Musk’s SpaceX jumped 11 percent to $150 on their first day of trading Friday after the biggest initial public offering in history, making the polarizing entrepreneur the ...

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The World’s 50 Largest Banks By Assets

Banks sit at the center of the global financial system, and the assets they hold help move credit, deposits, and…

Gamma And Momentum: A Recipe For Spikes And Tears

Intel (INTC) shares have risen 90% over the…

Which Countries Use The Most Electricity?

Electricity demand reveals how countries power their economies,…

Shake Shack Shares Crash Most On Record; McDonald’s CEO Warns Of Faltering Consumer

Shake Shack shares crashed the most on record after the burger chain reported weaker-than-expected first-quarter revenue and adjusted EBITDA, with…

Paramount Begs FCC For Green Light On Middle Eastern Sovereign Funds

Paramount isn’t just merging with a rival — it is exploding in size This article was written by J. Mitchell…

Visualizing How Big Tech Companies Make Money

First there was oil, then tobacco, then pharma. The “Big” epithet has always denoted the unique scale and power of certain…

The Markets Are Front Running The First Rate Cut

In October, the markets were down 10% from the July high, bond yields were touching 5%, and talk of a coming…

Consumer Borrowing Slows; Is The “Resilient” American Consumer Running Out Of Gas?

The “resilient” American consumer seems to be running out of gas. This article was originally published by Schiff Gold. Americans are…

Recessionary Indicators Update. Soft Landing Or Worse?

I previously discussed a slate of recessionary indicators with high correlations to recessionary onsets. However, as we head into 2024, many Wall Street…

Pfizer To Rethink Weight Loss Pill After High Side Effect Rate

US drugmaker Pfizer on Friday said it would end a clinical trial of its developmental weight loss pill after high side…

“Resilient” American Consumers Cutting Back Spending, Running Up More Debt This Holiday Season

Holiday shoppers plan on cutting back on spending and piling on even more debt this year, and nearly a quarter of…

Record Cyber Monday Sales Fueled By ‘BNPL Craze’ As Consumers Spend Beyond Their Means

The ‘buy now, pay later’ (BNPL) craze is sweeping across America as debt-ridden consumers tap another credit lifeline that has propelled…

The Biggest Retailers In The U.S. By Revenue

America is the home of retail. The sector is worth more than $7 trillion, nearly one-fourth of the entire global retail industry,…

Americans Increasingly Tapping Into Their Retirement Accounts to Make Ends Meet

“Resilient” American consumers are digging into their retirement funds to pay their bills. This article was originally published by Schiff Gold….

YouTube Rolls Out AI Music Makers To Take On TikTok

YouTube has unveiled two new AI-powered music creation tools — Dream Track and Music AI — to help creators make engaging short videos…

How Important Is The Holiday Season For US Retailers?

Conventional wisdom says that the weeks leading up to Christmas are the most important time of the year for retailers in the United…

US Beef Prices Hit Record High As Nation’s Cattle Herd Expected To Shrink Through 2025

Brazilian processor Marfrig Global Foods SA warned the US cattle herd will continue shrinking through the midpoint of the decade. Less supplies will pressure…

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One of the primary subject matters that U Cast Studios and U Cast News covers is Business. Our business articles range from a variety of different opinions, beliefs, and perspectives. 

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U Cast Studios covers a variety of different topics including business, business news, employment numbers, and trends in the business world.