Markets
Oil Prices Plunge as Iran Deal Prospects Ease Supply Concerns
Oil futures extended declines Tuesday, hitting a three-month low as a potential U.S.-Iran deal signaled the reopening of the critical Strait of...
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Investing
Illinois Enacts 0.2% Crypto Tax, Industry Decries “Most Punitive” Law
Illinois Gov. JB Pritzker signed a law imposing a 0.2% tax on digital asset services, drawing sharp criticism from industry groups who...
Stocks
Estée Lauder, Jo Malone Launch Pinterest Scent Scanner
The Estée Lauder Companies and Jo Malone London introduced Scent Scanner, an exclusive Pinterest experience translating visual preferences into fragrance recommendations, launching...
Stocks
Norsk Hydro to Shut Two U.S. Plants, 350 Jobs Cut
Norsk Hydro will close two U.S. aluminum extrusion plants in California and Louisiana next year, affecting ~350 jobs. Low capacity utilization and...
Finance
UK Inflation Holds at 2.8%, Middle East Deal Offers Hope
UK inflation remained at 2.8% in May, defying expectations of a rise, as a US-Iran peace deal eased oil price fears. Despite...
Markets
Nikkei 225 Defies Wall Street Sell-Off, Reaches Record Highs
The Japanese market surged to all-time highs on Thursday, with the Nikkei 225 climbing above the 71,100 level, extending gains for a...
Stocks
Soybeans Retreat from Early Highs Despite USDA Export Boost
Soybean futures saw marginal gains on Wednesday but faded 6-8 cents off highs, even after a significant USDA export sale announcement, signaling...
Finance
OCC Approves Santander’s $12.2 Billion Webster Bank Acquisition
The OCC has approved Santander's $12.2 billion acquisition of Webster Bank, a key regulatory step. The deal awaits Federal Reserve and ECB...
Economy
EVIO Opens Dorval Office, Consolidating Operations for Hybrid-Electric Aircraft
EVIO has officially opened its new Dorval, Québec office, bringing together key functions to advance its hybrid-electric regional aircraft program. The facility...
Stocks
Steel Dynamics Shares Dip on Q2 Guidance Miss; Nucor Outperforms
Steel Dynamics (STLD) saw its shares decline post-market after issuing Q2 earnings guidance significantly below analyst expectations, including a $16M asset writedown....
Finance
Bank of England Expected to Freeze Rates; Mideast Deal Calms Oil Markets
The Bank of England's Monetary Policy Committee is widely anticipated to keep interest rates at 3.75%, influenced by easing Mideast tensions and...
Economy
Retail Spending Climbs 0.9% in May as Weather Improves, Gas Prices Cool
U.S. retail sales rose 0.9% in May, exceeding expectations as warmer weather and cooling gasoline prices encouraged consumer spending. This gain follows...