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Business
Fed Minutes Show Waller, Bowman Alone in Push for July Rate Cut
The Federal Reserve’s July meeting minutes confirm just two dissenters favored a rate cut, leaving the rest of the committee…
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Business
Saba Capital Reunites With Co-Founder as It Expands Into Quantitative Credit Trading
Saba Capital Management, led by Boaz Weinstein, is ramping up its quantitative credit trading arm with the return of co-founder…
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Business
Via Transportation Files For NYSE IPO, Targeting Growth In Transit Software
Via Transportation has filed its S-1 with the SEC, aiming to list on the NYSE under ticker VIA. The transit…
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Business
CoreWeave Stock Climbs After Q2 Revenue Soars, But Losses and Lock-Up Risk Loom
CoreWeave Inc. delivered blockbuster revenue growth in Q2, but mounting losses and a looming IPO lock-up expiration have investors divided…
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Business
Air Canada Cuts Flights Ahead of Flight Attendant Strike: Why You Shouldn’t Take the Refund
Air Canada is scrapping most of its 700 daily flights ahead of a strike by more than 10,000 flight attendants.…
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Business
Trafigura Pulls Zinc From LME Warehouses, Keeping Market Cool Despite Inventory Drop
Trafigura is moving significant zinc volumes out of LME warehouses in Singapore, part of a strategy to secure U.S. supply…
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Business
Brazil Moves to Shield Exporters with $5.55 Billion Credit Line After U.S. Tariff Hike
Brazil is rolling out a $5.55 billion credit lifeline and expanded export rebates to keep its exporters afloat after the…
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Business
Dollar Slips As July CPI Cements Odds Of A September Fed Cut
The dollar slid to a two-week low after tame July CPI pushed traders to price a near-certain September Fed cut.…
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Business
Smithfield Foods’ Q2 Is A Bacon Blockbuster, Forecast Soars
Smithfield Foods just served up a Q2 performance worthy of a summer blockbuster sales up 11%, earnings climbing, and a…
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Business
RBA Cuts Cash Rate To 3.60%, Warns On Productivity Slowdown
The Reserve Bank of Australia has lowered the cash rate to 3.60%, the lowest in over two years, easing pressure…
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