Meta's Louisiana data center investment to reach $50 billion, aided by generous tax incentives
Meta's massive Hyperion data center project in rural Louisiana is getting much bigger and costlier, with a big assist from the state's government.
Markets
TSMC, the world's largest contract chipmaker, reports 68% surge in June revenue
Taiwan Semiconductor Manufacturing Co. reported a 67.9% year-on-year rise in its June sales on Monday, ahead of its second-quarter earnings release later this week.
Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Oil prices jumped and stocks fell after the US launched a fresh wave of attacks against Iran amid an escalating standoff over the strait or Hormuz.
Mastercard explores sale of UK payments operator Vocalink, FT reports
July 13 (Reuters) - Mastercard is exploring the sale of a majority stake in its UK payments subsidiary Vocalink back to British banks as it responds to concerns about a critical asset being under U.S. ownership, the Fin…
Oil price jumps over 4% and gold slides as the US and Iran trade attacks –business live
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
Dollar climbs on renewed Middle East attacks, Hormuz closure
A data-driven snapshot of how Euronext-listed companies are advancing their Environmental, Social and Governance (ESG) practices.
‘Trump accounts’ are great — if you’re already rich
Here’s a riddle for you: A conservative Republican senator, a top economic advisor to the Trump White House and a venture capitalist walk into a conference room at a financial forum and claim a new government program wi…
Oil prices rise, stock futures dip after latest flare-up of strikes between U.S. and Iran
Morningstar Indexes’ global revenue study shows many equity markets have become more internationally connected, led by the rise of AI companies.
SK Hynix shares slide 10% in Seoul after stellar Nasdaq debut
SK Hynix shares tumbled more than 10% in Seoul on Monday after the chipmaker's strong Nasdaq debut Friday, as investors locked in profits and weighed whether surging demand for artificial intelligence memory chips justi…
Goldman Sachs quietly snags a corner of America's retirement money
The pension funds and 401(k) plans covering millions of American workers are increasingly being handed over to Wall Street's elite firms to manage. Why? It's like the companies sponsoring those plans no longer believe t…
Death toll from Venezuela earthquakes rises to 4,490
Thousands of Venezuelans remain displaced, forced into crowded shelters or to sleep outdoors, grappling with a severe lack of clean water
You don’t have to be rich to be financially independent. Here’s how to take control of your money.
Your Mileage May Vary is an advice column offering you a unique framework for thinking through your moral dilemmas. It’s based on value pluralism — the idea that each of us has multiple values that are equally valid but…
Stock Indexes Settle Higher as Geopolitical Risks Ease
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.42%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.33%. September E-mini S&P futures (ESU26) r…
Soybeans Posting Friday Rally as USDA Shows Better Than Expected Data
Soybeans are trading with 10 to 13 ½ cent gains across most contracts at midday, following a friendlier USDA report. The cmdtyView national average Cash Bean price is down 13 1/4 cents at $11.44 1/4. Soymeal futures are…
McConnell provides health update after long unexplained absence; says he suffered fall, pneumonia
Sen. Mitch McConnell, R-Ky., said he suffered a fall that rendered him unconscious and landed him in the hospital, leading to a multi-week absence.
Forget GPUs. Nvidia’s Next AI Gold Mine Could Be Even Bigger.
Nvidia (NVDA) has already become the biggest winner of the artificial intelligence (AI) boom, but Wall Street believes another growth opportunity may just be getting started. Wedbush Securities recently argued that Nvid…
Stock Indexes Settle Higher as Geopolitical Risks Ease
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.42%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.33%. September E-mini S&P futures (ESU26) r…
Who will replace Lindsey Graham in the Senate?
Rep. Nancy Mace, R-S.C., and South Carolina Gov. Henry McMaster are among the first two names being floated in what could be a crowded field to fill the seat vacated by Sen. Lindsey Graham, R-S.C., who died suddenly ove…
Hogs Posting Mixed Trade on Friday
Lean hog futures are mixed at midday with contracts up 52 cents higher to 65 cents lower. USDA’s national base hog price was down 11 cents in the Friday AM report at $96.84. The CME Lean Hog Index was 37 cents higher on…
Cotton Posts Friday Strength Despite Production Hike
Cotton futures closed with gains of 45 to 99 points on Friday, Futures shrugged off the production increase via the WASDE, as they accounted for the larger acreage from NASS last week. December closed the week with a 44…
Graham’s death complicates myriad GOP goals in Congress
Sen. Lindsey Graham's death stands to scramble an array of Republican policy efforts, as Congress loses one of its top White House whisperers and coalition builders.
Crude Oil Prices Retreat as US-Iran Peace Talks Set to Continue
August WTI crude oil (CLQ26) on Friday closed down -0.67 (-0.93%), and August RBOB gasoline (RBQ26) closed down -0.0541 (-1.78%).
Corn Rallies on Friday with the Help of a Bull Friendly USDA Report
Corn bulls found their footing on Friday following friendlier than expected USDA data. Contracts were up 2 ½ to 10 ¼ cents across the board, led by the front months. September was 16 ½ cents higher this week, with Decem…
Stock Indexes Settle Higher as Geopolitical Risks Ease
The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.42%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.33%. September E-mini S&P futures (ESU26) r…