Economy
June Retail Sales Edge Up 0.2%, Driven by Cars and Online Buys
U.S. retail sales rose a modest 0.2% in June, but excluding gas, shoppers showed resilience, buying cars and boosting online sales. Falling...
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Finance
Whatnot Acquires Shaped: AI Powers Live Shopping’s US Growth Ambition
Live shopping lags in North America despite China's $900B market. Whatnot acquires AI startup Shaped to solve the 'discovery problem' with real-time...
Investing
CLO Equity Profits Vanish, Sparking Investor Infighting and Exits
Once a source of 'juiciest fixed-income returns,' CLO equity tranches now face steep losses, driving investors to exit and fueling bitter disputes...
Stocks
U.S. Refiner Margins Hit Record Highs on Fuel Shortage Fears
U.S. refiner margins, benchmarked by the 3-2-1 crack spread, reached record highs this week due to low stockpiles and supply disruptions amid...
Finance
World Cup Final Tickets Soar Past $60,000 for Messi vs. Yamal Showdown
Tickets for the Spain vs. Argentina World Cup final in East Rutherford, N.J., are commanding exorbitant prices, with some hospitality seats reaching...
Stocks
Commercial Metals Ranks #42 Among Top Mining Analyst Picks
Commercial Metals Co. (CMC) secured the #42 spot among 50 stocks in the Metals Channel Global Mining Titans Index, according to a...
Markets
Lemonade Stock Targets $100 by 2027 on Profitability Push
Despite a recent dip, Lemonade is forecast to hit $100 in 2027, propelled by its unique model, accelerating top-line expansion, and a...
Stocks
Cattle Futures Decline as Weakness Persists Friday
Live cattle futures registered significant losses across most contracts on Friday, extending a period of weakness. This occurred despite an uptick in...
Economy
Coffee Prices Soar: Global Turmoil Brews in Every Cup
A £5 coffee now reveals a complex narrative of global economic turmoil, driven by climate shocks, trade wars, and supply chain disruptions,...
Economy
Fuel Price Dip Drives 10% Consumer Sentiment Gain in July
Consumer sentiment improved by 10% in early July, marking the second consecutive monthly jump, according to the University of Michigan. The rise...
Stocks
Mattr Corp. Stock Rockets 34% as Analysts See Further Gains
Mattr Corp. shares surged 34.2% this week after the company upgraded its Q2 outlook, prompting analysts to hike price targets and foresee...
Stocks
Sigma Lithium Confident in $100M Debt Repayment by Year-End
Sigma Lithium (SGML) will repay a $100M debt facility by year-end via cash flow, Co-Chair Marcelo Paiva stated. This loan forms the...