Financial Industry News
A collection of Financial latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Exelixis: Financial Performance Improves Faster Than Market Expectations (NASDAQ:EXEL)
Exelixis remains undervalued despite a 13%+ rally post-Q1, supported by robust double-digit growth, sector-leading profitability, and strong free cash flow. Q1 revenue grew 10% year-over-year, driven almost entirely by CABOMETYX demand; operating…
Dozens Of Nations Scramble For World Bank Financing Amid Iran War Global Shock
Twenty-seven countries have moved to activate emergency World Bank financing mechanisms since the US-Israeli war on Iran began in late February, Reuters reported Friday. Three nations have already received approval for fast-tracked funding, while…
Considering un-retirement? More older Americans are rejoining the workforce, often out of financial need.
Holly Morris Espy retired two years ago after more than 25 years as a reporter and anchor at WTTG in Washington, D.C. But the 55-year-old didn't really retire. “I graduated,” she told Yahoo Finance. Last year, Espy co-founded Moorlow…
PANIC: Bloomberg Fatuously Cries Recession Rivaling 'Great Financial Crisis' Due to Iran War
The lefty media know that if they can scare commodity traders silly with their energy doom talk, the markets will run amok and they can point their fingers at President Trump and screech, “Orange man bad!” Enter Bloomberg News.
Better Financial Sector ETF: Vanguard's VFH vs. State Street's XLF
The State Street Financial Select Sector SPDR ETF (XLF +0.41%) provides concentrated, large-cap exposure to the S&P 500 financials, while the Vanguard Financials ETF (VFH +0.28%) offers a broader portfolio including smaller-cap companies. Investors…
Fraudsters abused Biden's lax policies to steal billions, financial watchdog claims
As pervasive fraud schemes continue to sweep across the U.S., a group that seeks to preserve economic freedoms at the state level says that former President Joe Biden 's policies were a main driver for the proliferation of the issue. OJ Oleka, CEO…
Is Your Financial Present Threatening Your Financial Future?
Most people don't realize they have a financial blind spot until it they're paying the price for it. It might show up as a missed opportunity with an investment account, an unexpected tax bill, a hefty hospital bill following a health emergency or…
'This Financing Reflects That Shift' Fuels Questions About Anduril's $61 Billion Valuation In 2026
“This financing reflects that shift.” The line landed on May 13, 2026, and it rattled Washington and investors alike. Within hours, the firm disclosed a $5 billion Series H that pushed valuation to $61 billion, a jump that raises…
Two Pizzas, 10,000 Bitcoin, and the Trade That Changed Finance
On May 22, 2010, a programmer sitting somewhere in Florida made what looked, at the time, like an unremarkable online transaction. Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas. The deal cost him roughly $41. Today, those same coins are worth…
Martin Lewis warns one financial move is akin to 'flushing away' money for most people
Most graduates are wasting money by overpaying student loans A massive number of graduates have “thrown away” money by trying to pay back their student loans quicker, warned personal finance guru Martin Lewis. The Money Saving Expert…
Japan Reveal AI and Blockchain Finance Plan to Protect Digital Yen Sovereignty
Japan's ruling Liberal Democratic Party (LDP) has reveal a new national strategy focused on stablecoins, tokenized banking, and AI-powered digital payments. Called the “Next-Generation AI/On-chain Financial Concept,” the plan outlines…
IRFC to raise ECB loan worth $2 billion to finance large infra projects
State-owned Indian Railway Finance Corporation is planning to mobilise $2 billion through external commercial borrowing, primarily in Japanese yen, to fund business growth in the current financial year. The external commercial borrowing (ECB) is…
Minister Alty and Ernie Daniels, President and Chief Executive Officer of the First Nations Finance Authority to announce a major milestone in First Nations lending
Ottawa, Ontario — Please be advised that the Honourable Rebecca Alty, Minister of Crown-Indigenous Relations, along with Ernie Daniels, President and Chief Executive Officer of the First Nations Finance Authority, will announce significant…
Why AI-fuelled job cuts at multinationals risk blowing a hole in Ireland's public finances
FOR YEARS, IRELAND has had a straightforward arrangement with multinational tech giants. We provide low corporate taxes, an educated English-speaking gateway to the EU, and offer various state grants and support schemes. In return, the country gets…
LIC emerges as highest profit-making financial company in Jan-Mar quarter
State-owned Life Insurance Corporation of India (LIC) has emerged as the highest profit-making firm in the Indian financial sector in the March quarter, netting a little over ₹23,400 crore. Even among Central Public Sector Enterprises, the…
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