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BUSINESS9h agoWhat’s fueling inflation? Fuel.The final CPI report before the midterms is expected to reflect soaring energy costs compounded by higher airfares, pricier iPhones and rising car prices.NBC News
BUSINESS9h agoThe World Cup was bad for some businesses in Los AngelesA hotel-association study finds the tournament delivered the weakest boost of any recent mega-event, with workers' hours cut and short-term rentals pulling ahead.LA Times
BUSINESS9h agoThis is where earnings growth is coming from in Q3 – Citadel Securities’ RubnerA representative from Citadel Securities discusses the sources of earnings growth in the third quarter. This provides insight into current financial market trends.Seeking Alpha Tech
BUSINESS9h agoBrookdale in pact with Welltower to acquire 30 leased communities for $290MBrookdale has entered an agreement with Welltower to acquire 30 leased communities for $290 million. This represents a significant transaction in the real estate sector.Seeking Alpha Tech
BUSINESS9h agoDon't let inflation bite — how to hedge with TIPS, commodities and infrastructure fundsTIPS are looking attractive but they aren't the only way to get inflation protection.CNBC
BUSINESS9h agoAvio, Lockheed sign agreement for solid rocket motor productionThe deal will pave a path for Avio USA to become a new provider of motors on Lockheed Martin’s Extended Range GMLRS and the Precision Strike Missile.Breaking Defense
BUSINESS9h agoUS hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws - AP NewsUS hits Bank of America with $1.2 billion fine, saying it violated money laundering, sanctions laws AP NewsAP News
BUSINESS9h agoIran war costing US households average of $2K each: Moody’sThe war in Iran has cost the average American household $2,000 so far, according to estimates shared Monday by Mark Zandi, chief economist at Moody’s Analytics. “Consider that the war’s costs taken together have absorbed about half the average American household’s income gain over the past eight months,” Zandi wrote on social platform X. “No…The Hill
BUSINESS9h agoBank of America fined $1.2 billion over money-laundering violationsThe action by the Treasury Department was announced less than a day before Bank of America reports quarterly earnings.CNBC
BUSINESS9h agoKaiser Aluminum declares $0.77 dividendKaiser Aluminum has declared a dividend of $0.77 per share. This is a routine financial announcement from the company.Seeking Alpha Tech
BUSINESS9h agoDuPont declares $0.60 dividendDuPont has declared a dividend of $0.60. This is a standard financial announcement from the company.Seeking Alpha Tech
BUSINESS9h agoSnap stock breaks six-day winning streakSnap's stock has ended its six-day period of consecutive gains. This reports a development in the company's market performance.Seeking Alpha Tech
BUSINESS9h agoCiti expects 2026 RoTCE above 11% with efficiency ratio below 60%Citi projects its 2026 Return on Tangible Common Equity (RoTCE) to be above 11% and its efficiency ratio to be below 60%. This outlines the bank's future financial performance expectations.Seeking Alpha Tech
BUSINESS9h agoAT&T to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2B in cashAT&T is set to sell its AT&T Mexico operations to Grupo Televisa and Fintech Holdings for $2 billion in cash. This represents a major corporate transaction in the telecommunications sector.Seeking Alpha Tech
BUSINESS9h agoKandi Technologies announces 1-for-10 reverse stock splitKandi Technologies has announced a 1-for-10 reverse stock split, which is a corporate action affecting its share structure and valuation. This news is important for investors and the company's market performance.Seeking Alpha Tech
BUSINESS9h agoBank of America ordered to pay historic $1.2 billion over alleged sanctions law violationsNBC News
BUSINESS9h agoPeru governor touts Chinese interest in deep-water port pitched as Chancay alternativeA planned US$844 million port in southern Peru has drawn interest from several foreign investors, including Chinese companies, a regional governor said on Monday, as the government began promoting the project abroad. “Several companies have approached us. We have investors from the US, China and India who are very interested,” Rohel Sanchez, the governor of Arequipa, told reporters after signing an agreement with the state investment agency Proinversion. He said firms from Turkey and the...South China Morning Post
BUSINESS9h agoSolitron Devices GAAP EPS of $0.60, revenue of $5.66MSolitron Devices reported its Generally Accepted Accounting Principles (GAAP) Earnings Per Share as $0.60 and revenue of $5.66 million. This provides a financial update on the company's performance.Seeking Alpha Tech
BUSINESS9h agoU.S. equities ended slightly lower as bank earnings kicked offU.S. equities experienced a slight decline in value as the reporting season for bank earnings began. This indicates a reaction in the stock market to initial financial results from the banking sector.Seeking Alpha Tech
BUSINESS9h agoWhat an economics Nobel Prize winner knows about pricingNPR's Ailsa Chang chats with Michael Woodford of Columbia University, who was one of two Americans awarded the Nobel Prize in Economics.NPR News
BUSINESS9h agoBoston Fed's Collins expects another rate hike will be needed by year-endThe Boston Federal Reserve's Collins anticipates the necessity of another interest rate hike before the end of the year. This suggests a continued hawkish stance on monetary policy.Seeking Alpha Tech
BUSINESS9h agoPayPal extends rally for the seventh straight sessionPayPal's stock has continued its rally for the seventh consecutive session. This indicates a sustained positive trend in the company's market performance.Seeking Alpha Tech
BUSINESS9h agoActivist Ancora pushes Big Yellow to explore a sale - BloombergActivist investor Ancora is urging Big Yellow to consider a sale of the company, according to Bloomberg. This indicates pressure on the company's management regarding its future ownership.Seeking Alpha Tech
BUSINESS9h agoBank of America fined $1.2bn over money laundering failuresUS bank failed to flag $5bn in suspicious transactions linked to suspected illicit finance from China and the southern US borderFinancial Times
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