Business
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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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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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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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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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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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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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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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Airline Industry’s SAF Push Stalls: High Costs, Low Supply, and a Growing Gap to Net Zero
Twelve years, 165 announcements, and barely three dozen real projects: the airline industry’s green fuel ambitions are hitting turbulence. High…
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Dollar Firms Slightly After Trump’s Fed Pick, But Weekly Loss Signals Rate Cut Bets
The U.S. dollar edged higher Friday but remains on track for its biggest weekly drop in months as traders bet…
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Markets Split Between Growth Hopes and Economic Warning Signs
Stocks ended the week steady, with the FTSE and S&P 500 holding gains amid mixed signals from central banks. Gold…
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