Business

The S&P 500’s rally in the first half of this year was concentrated in AI and energy.

‘Today’s results underscore the strength of the banking system,’ Michelle Bowman, the Fed vice chair for supervision, said in a statement.

The average new EV price was $54,532 in May, Cox Automotive reported.

The measure would have repealed the state’s decades-old rent control ban and created the nation’s strictest statewide rent caps.

May sales were down 7.3 percent from April and 6.8 percent from a year earlier, according to the Census Bureau.

It marked the highest share in more than 15 years.

A stronger U.S. currency and expectations of higher interest rates weighed on bullion after a multiyear rally lost momentum.

Even a well-crafted estate plan can fail if key documents, beneficiaries, or trusts are overlooked.

Strong credit can unlock lower borrowing costs, better insurance rates, and more financial opportunities.

The Treasury secretary called for national capacity, reciprocity, and writing rules for stablecoins, tokenization, and new payment systems.

Fewer prospective homeowners said they are waiting for market conditions to improve before purchasing.

Dutch Trade Minister Sjoerd Sjoerdsma has expressed concern that parts of the bill could affect how allies manage their own policies.

The bipartisan bill is the first major housing legislation passed by Congress in decades.

Brent Crude fell to $77 per barrel, its lowest in nearly three months.

The agency is investigating an incident where a Model 3 using Autopilot crashed into a residence, killing a 76-year-old woman.

The firm said withdrawals from offshore clients outpaced U.S. requests.

The U.S. is leading the world, the AI and data center boom cannot be stopped, and the boom will persist for at least the next three years.

Factory growth has been supported by front-loading amid war-driven price pressures.