Economy
Warsh Congressional Debut, Inflation Data Frame July Fed Rate Path
Federal Reserve Chairman Kevin Warsh faces Congress this week as new US inflation data is released, setting the tone for the July...
The Editorial Team 1030 articles
Stocks
McKeel Hagerty Transformed Family Boat Insurer Into Driver-Forward Business
McKeel Hagerty, CEO of Hagerty, discusses transforming his family's boat insurance business into a "sexy" driver-forward enterprise, fueled by his love for...
Markets
Aritzia Stock Could See 35% Upside on Strong Earnings, Analysts Say
Aritzia Inc. shares could see up to 35% upside after 'impressive' first-quarter earnings, prompting multiple analyst price target hikes. RBC Capital Markets...
Finance
AI Forgeries Expose A$4 Billion Mortgage Fraud Risk in Australia
Australia's mortgage market faces up to A$4 billion in suspected fraud as generative AI creates convincing fake financial documents, prompting calls for...
Stocks
Holtec Nuclear Files IPO Amid Data Center Power Boom
Holtec Nuclear Corp. filed for a US IPO, aiming to capitalize on data centers' growing power demands and its strategic pivot to...
Finance
US CBDC Ban Takes Effect as Housing Bill Becomes Law
A four-year prohibition on a U.S. central bank digital currency (CBDC) is set to become law at midnight, embedded within a housing...
World Business
Cuba Plunged Into Darkness Again as US Lawmakers Demand More Sanctions
Cuba suffered its second nationwide blackout in a week, grappling with an aging grid and fuel shortages. Simultaneously, US lawmakers urged new...
Markets
UAE Crude Output Hits Record 4.1M BPD in June, IEA Confirms
The UAE boosted crude oil production to an all-time high of 4.1 million barrels a day in June, IEA reports, marking a...
Finance
Japan Producer Prices Hit Fastest Pace Since Early 2023, Bolstering BOJ Rate Hike Case
Japan's corporate goods prices rose 7.1% in June, the fastest pace since early 2023, strengthening the Bank of Japan's position for further...