Why FIFA’s World Cup stakes sale is drawing global soccer fury
FIFA President Gianni Infantino holds the trophy at full-time following the FIFA World Cup 2026 Final match between Spain and Argentina at New York New Jersey Stadium on July 19, 2026 in East Rutherford, New Jersey. Chris Brunskill | Getty Images The…
We’re exiting our position in a household products giant after a soft quarter
Shortly after the opening bell, we will be exiting our position in Procter & Gamble , selling 200 shares at roughly $144. Following the trade, Jim Cramer’s Charitable Trust will no longer own a position in PG. Shares of Procter & Gamble are…
Nike’s China sales have fallen 30% amid ‘China Chic’ shift
Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, Aug. 28, 2019. Tingshu Wang | Reuters By all accounts, Nike’s business in China should be firing on all cylinders. Sports-related products are the fastest growing…
Wildberries: Ukraine attacks pressure point in Russia’s economy
A large plume of smoke rises over St. Petersburg following a Ukrainian drone strike targeting logistics facilities operated by Wildberries, Russia’s largest online retailer, on July 24, 2026 in St. Petersburg, Russia. Anadolu | Anadolu | Getty…
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
UBS reported a profit rise in its second-quarter earnings Wednesday, as CEO Sergio Ermotti warned that geopolitical volatility could create fresh headwinds up ahead. The Swiss banking and wealth management giant’s net profit attributable to…
Why America’s super rich have embraced British soccer teams
SWANSEA, WALES – FEBRUARY 24: Swansea City AFC club co-owner Snoop Dogg walks around the pitch prior to the Sky Bet Championship match between Swansea City and Preston North End at the Swansea.com Stadium on February 24, 2026 in Swansea, Wales.…
Minister apologizes as Korean leveraged ETF investors nurse heavy losses amid chip stock rout
South Korean Finance Minister Koo Yun-cheol said on Tuesday he would try to derive a mutually beneficial trade agreement with the United States. Bloomberg | Bloomberg | Getty Images South Korea’s finance minister apologized on Wednesday after…
BTS’ concerts power Hybe to record results but shares crash
EAST RUTHERFORD, NEW JERSEY – JULY 19: RM, Jin, Suga, J-Hope, Jimin, V and Jung Kook of BTS perform during the Topps Final Halftime Show in the FIFA World Cup 2026 Final match between Spain and Argentina at New York New Jersey Stadium on July 19,…
Oil jumps as U.S.-Iran resume strikes after a brief pause
Anton Petrus | Moment | Getty Images Oil rose sharply in Asia trading, following renewed tensions in the Middle East after Iran launched an attack on U.S. forces using ballistic missiles. Futures for international benchmark Brent crude for September…
SpaceX’s xAI sues Minnesota over law to ban ‘nudify’ apps
Joe Raedle | Getty Images Elon Musk’s xAI, now owned by SpaceX, sued Minnesota Attorney General Keith Ellison to challenge a law that would ban so-called nudify apps in the state. In their complaint, filed in a federal court in Minnesota on Monday,…