Economy
Gold Drops Third Day After US Strikes Iran, Inflation Concerns Mount
Gold fell for a third day following new US strikes on Iran, escalating a conflict that has roiled global markets and stoked...
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Stocks
Oxford Industries Narrows FY2026 Sales Outlook, Projects $2.30-$2.70 EPS
Oxford Industries (OXM) forecasts FY2026 adjusted EPS of $2.30-$2.70 and narrows its sales outlook to $1.475B-$1.505B, citing stronger-than-expected Q1 gross margin.
Economy
New York Candy Stores Thrive Amid Economic Uncertainty
Despite historic lows in US consumer confidence, New York's candy stores are expanding, offering affordable treats as a small luxury.
Markets
Nikkei Plunges Below 28,300 as Omicron Fears Fuel Global Sell-Off
The Japanese stock market experienced significant losses, with the Nikkei 225 falling below the 28,300 level, extending declines from the previous session.
Stocks
Soybeans Rebound, Holding Gains into Wednesday’s Close
Soybean futures closed higher on Wednesday, extending earlier gains. Soymeal saw declines, while Soy Oil futures edged up. Key USDA reports are...
Finance
Fifth Third Joins Anthropic’s Project Glasswing AI Cybersecurity Initiative
Fifth Third Bancorp has been recruited by Anthropic for its Project Glasswing AI cybersecurity initiative, aimed at strengthening critical systems.
Investing
Junk Debt Signals Stagflation Risk Amid Middle East Conflict
Soaring risk premiums on the weakest global corporate debt are flashing a warning sign for investors, as Middle East tensions exacerbate stagflation...
Stocks
Stitch Fix Q3 2026: Revenue Climbs 4.7%, Client Base Expands
Stitch Fix (SFIX) reported Q3 fiscal 2026 revenue of $340.3 million, up 4.7% year-over-year, marking its fifth consecutive quarter of growth. Active...
World Business
Saudi Arabia Ends 5-Year Ban on Lebanese Imports
Saudi Arabia has lifted a five-year ban on Lebanese imports, a move aimed at rebuilding relations and supporting Lebanon's struggling economy.
Stocks
Kinross Gold Shares Enter Oversold Territory
Kinross Gold Corp. (KGC) shares have fallen into oversold territory, with its Relative Strength Index (RSI) dropping to 26.7.
Stocks
Corn Futures Retreat from Early Gains by Wednesday’s Close
Corn futures pared earlier advances on Wednesday, with the July contract experiencing a slight dip while other contracts saw modest gains. Ethanol...
Stocks
SpaceX IPO Nears with Record $1.75 Trillion Valuation
Wall Street is anticipating the SpaceX IPO, projected to be the largest market launch in history with a $1.75 trillion valuation, potentially...