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…

Americans Still Hanging On By Running Up Their Credit Cards

In July, the mainstream financial media breathlessly reported that consumer spending was “holding up” based on better-than-expected retail sales. But how did consumers…

Mega-Cap Stocks Continue To Dominate. But Why?

Mega-cap stocks continue to dominate the market in 2023. The question is, why? After all, many other great companies have arguably…

AngelList Goes Big With Private Equity Acquisition

AngelList, a prominent organization in the startup ecosystem, is making a strategic move into the private equity space with the recent acquisition of fintech…

What’s Next In Cryptocurrency Regulation: Essential Insights

As the world of cryptocurrency continues to evolve at a rapid pace, so does the regulatory landscape surrounding it. The intersection…

“A Long Way To Go” – Fed Chair Powell Delivers Hawkish Speech

Powell’s full speech is below but to summarize – “we ain’t done yet.” This article was originally published by ZeroHedge. Key points:…

Bond Traders And Their Bearish Stories

“China, Japan, inflation, deficits, and QT, oh my!” – The chant of bond traders watching yields creep higher. This article was written…

US New Home Sales Soar To 17-Month Highs In July As Mortgage Rates Spike

After the disappointing (but not unexpected) decline in existing home sales, new home sales – of course – saw a big upward…

Subway Nears Deal To Be Bought For More Than $9 Billion

The Subway sandwich chain is near a deal to be acquired for more than $9 billion in a transaction that could be announced…

Visualized: U.S. Corporate Bankruptcies On The Rise

In March, Silicon Valley Bank collapsed, plunging its parent company SVB Financial Group into bankruptcy a week later. This article was…

Senior Fed Official Says ‘Not Ready’ To Announce End Of Hikes

US inflation may finally be moving in the right direction, but the Federal Reserve shouldn’t declare victory just yet, a member of the…

Visualizing The $105 Trillion World Economy In One Chart

By the end of 2023, the world economy is expected to have a gross domestic product (GDP) of $105 trillion, or…

What If Disinflation Is Just An Illusion?

What if the recent trend of disinflation is nothing more than an illusion? This article was originally published by The Felder…

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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.