A contentious hearing is underway as Treasury Secretary Scott Bessent appears before the House Financial Services Committee for his annual testimony. Bessent on Tuesday initially struggled to get a word in as protesters…
The strategy for 2027–2029 centers on accelerating organic growth, scaling AI, and expanding in high-potential segments, with ambitious financial targets including 7–9% EPS CAGR and a 75% payout ratio. Operational excel…
A majority of respondents to the CNBC Fed Survey now forecast at least two rate hikes over the next one year, with a third predicting three or more. It's a stark change from last month when just 46% expected a hike ahea…
FTSE 100 Mega Channel Up topped and targets 1M MA50.FTSE 100 (UK100) has made a Double Top almost at the top of its 17-year Channel Up, which started at the bottom of the 2008 U.S. Housing Crisis. The first High of that…
The U.S. has filed a civil forfeiture complaint against $61 million in cryptocurrency that it alleges proceeds from black-market sales of sanctioned Iranian crude oil and petroleum products. The complaint, brought by th…
Corn futures posted gains of 1 ¼ to 3 ½ cents across the board on Monday. September futures expired up 1 ¾ cents at $5.12. The CmdtyView national average Cash Corn price was up 3 1/4 cents at $4.87.
Some economists are calling on the central bank to wait before raising interest rates, out of concern the economy may be vulnerable beneath the surface.
The dollar index (DXY00) rallied to a 1.5-week high on Monday and finished up by +0.28%. The dollar moved higher on Monday as stocks slumped, which boosted liquidity demand for the dollar. Also, Monday’s rally in WTI cr…
Iranian strikes have damaged and destroyed "hundreds of buildings and structures" at U.S. bases in the Middle East, as well as "dozens" of U.S. aircraft as of the end of June, according to a government report.
Oil prices and Treasury yields are moving in a tight lockstep, compounding the pressure on markets as investors grapple with worries over higher inflation.
The Supreme Court on Monday night rejected a request by the Trump administration to lift a judicial block on a controversial U.S. Postal Service rule that critics feared would make it more difficult to vote by mail in t…
China's investment slump deepened and retail sales growth slowed further in August, while industrial output topped estimates with authorities warning of acute supply-demand imbalance at home.
Lean hogs settled with losses of 55 cents to $1.05 in the nearbys on Monday. Weaker equity market trade added pressure to the market. The USDA National Base Hog price was reported at 76.91 in the Monday PM print, down $…
‘He does not have a spouse or children’: My son has a serious genetic disease. What should I do with my $1.3 million estate? “He is also the sole beneficiary of my 403(b) accounts.” Read at source
Cotton futures posted losses on Monday, with contracts 23 to 174 lower at the close. Crude oil was up $1.84 per barrel on the session, with the US dollar index up $0.609.
The S&P 500 Index ($SPX) (SPY) closed down by -0.48% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.82%. E-mini S&P futures (ESU…
Bank of America is seeing a far more subdued few months for its Wall Street advisory and trading businesses after a blockbuster second quarter, CEO Brian Moynihan told analysts Monday.
Apple on Monday released a new version of the iPhone software called iOS 27, which includes the company's redesigned Siri AI personal assistant, before the latest iPhones hit store shelves this week.
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