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Top Midday Stories: Treasury Reportedly Could Use General Account to Fund Buybacks; Trump Raises Tariffs on Canadian Cars and Steel to 50% on Jan. 1
Stocks were mixed in late-morning trading Monday, with the Dow Jones Industrial Average up and the S...
Iran-Linked Cyberattack Tests Britain’s Energy Defenses
An attack on an energy facility which was shut down for four days last month was carried out by hack...
U.S. automakers and home builders are among the big losers as Trump launches a trade war against Canada
While certain U.S. sectors are facing headwinds from the new tariffs on Canadian goods, analysts hav...
United States JOLTS Job Openings decline to 7.35 million in June
The number of job openings stood at 7.359 million in June, the US Bureau of Labor Statistics reported on Tuesday. This print followed the 7.537 million openings reported in May and came in slightly be ...
United States JOLTS Job Openings came in at 7.359M below forecasts (7.4M) in June
United States Factory Orders (MoM) registered at -0.3%, below expectations (0.2%) in June
Nike downgraded as 'Win Now' will create lingering financial headwinds -- J.P. Morgan
Hormuz Tanker Traffic Stalls at Two-Month Low as Attacks Escalate
Traffic at the Strait of Hormuz remains at the lowest in more than two months as security concerns have intensified with recent attacks on ships and persistent threats to shipping in the region. After ...
Canadian Dollar weakens as Oil prices slide on US-Iran deal hopes
USD/CAD reverses its earlier losses on Tuesday as falling Oil prices weigh on the commodity-linked Canadian Dollar (CAD) following comments from US Treasury Secretary Scott Bessent on US-Iran talks.
US Dollar: FOMC fallout weighs on USD – MUFG
Lee Hardman at MUFG highlights that the US Dollar index has fallen back below 100.00 following last week’s FOMC meeting, as the Fed left rates on hold and Chair Kevin Warsh offered less hawkish guidan ...
United States Goods and Services Trade Balance came in at $-73.3B below forecasts ($-73B) in June
Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent
Brent crude drops 4% as US Treasury secretary says Washington and Tehran could reach agreement on Tuesday or Wednesday
Spotify Stock Drops After Earnings Despite Subscribers Surging
The audio streamer hits a milestone, but that isn’t enough to make its earnings a hit with investors.
US Treasury Secretary Bessent says Hormuz deal nears as Oil prices tumble
US Treasury Secretary Scott Bessent said in a CNBC interview on Tuesday that a deal with Iran to reopen the Strait of Hormuz could be reached as soon as Tuesday or Wednesday. He added that he expects ...
Brazil Industrial Output (YoY) below forecasts (3%) in June: Actual (1.7%)