World Business
Importers Brace for Tariff Refund Portal Launch, $127B in Claims Expected
Importers are preparing for the April 20 launch of a new federal portal to claim $127 billion in tariff refunds, though many...
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World Business
Global Economy Faces Stagflation Threat as War’s Impact Emerges
New business surveys will reveal the full economic toll of seven weeks of Middle East conflict, raising fears of stagflation as growth...
Stocks
Utilities Boost Capex to $1.4T for Grid, AI Power
U.S. investor-owned utilities plan $1.4 trillion in capex over five years, a 20%+ increase, to upgrade aging grids and meet surging AI...
Markets
UK Fuel Prices See Modest Retreat After Weeks of Increases
UK petrol and diesel prices have registered their first slight decline in weeks, offering a small reprieve to drivers after a period...
Markets
Ackman Bets $10 Billion on ‘Best Businesses’ Amid High Market Valuations
Billionaire investor Bill Ackman plans to launch a new $10 billion closed-end fund this summer, aiming to deploy capital into high-quality stocks...
Stocks
Weak Close for Cattle Futures Despite Late Friday Rebound
Live cattle futures saw a late-day rebound on Friday but still closed with overall weakness, marking a significant weekly decline for April...
Investing
Bessent’s Global Economic Engagement Questioned Amidst Priorities
US Treasury Secretary Scott Bessent's pledge of international engagement is being met with skepticism by global finance officials, who cite his limited...
Investing
France Pushes Euro Stablecoins to Counter Dollar Dominance
French Finance Minister Roland Lescure urges European banks to develop more euro-based stablecoins and tokenized deposits, citing unsatisfactory volumes compared to dollar-pegged...
Finance
Home Depot Boosts Delivery Speed with SIMPL Automation Acquisition
Home Depot acquires SIMPL Automation, leveraging its AI and engineering to accelerate same-day and next-day delivery, enhance storage, and optimize fulfillment.
Stocks
Regional Banks Boost Earnings with Commercial Lending
First-quarter earnings show regional banks like PNC, Truist, and Regions are thriving on commercial lending and fee-based services, offsetting consumer slowdown.
Stocks
Boeing Secures $166.8M C-17 Sustainment Contract
Boeing (BA) received a $166.8 million contract modification for C-17 Globemaster III sustainment, specifically for five period landing gear spares. This boosts...
Markets
Houthi Attacks Drive Oil Price Rise, Shipping Disruption Fears
Global oil prices are surging as Houthi rebel attacks on Israeli targets and commercial ships in the Bab-el-Mandeb strait escalate, raising fears...