Meta agrees to pay up to $18bn to settle social media case
The deal has been reached during a California federal court trial over claims brought by US states.
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Borealis Foods expands to 20,000 schools, revenue up 110%
Borealis Foods (Nasdaq: BRLS) reported a 110% year-over-year increase in U.S. K–12 school foodservice revenue, driven by ongoing national expansion. The company now reaches more than 20,000 schools across approximately …
Read more →Household energy bills to hit three-year high as Ofgem announces 4% rise from October
Energy prices for millions of households will rise to the highest level for three years, under regulator Ofgem's price cap.
Read more →Druckenmiller Has a Warning: Don’t Mess With Markets
Famed investor Stanley Druckenmiller published a Wall Street Journal opinion piece (Let The Bond Market Speak) on Monday, in which he warns Treasury Secretary Bessent about long-dated bond buybacks. His core thesis seem…
Read more →'Ironing board' seats to be replaced on Thameslink
Greater Thameslink Railway says these upgrades are part of the wider renationalisation plans.
Read more →Why we should all get used to high household energy bills
Energy bills may have been a long way from our minds through the sweltering summer.
Read more →Global energy stocks in the red as oil tumbles on Iran-Oman Hormuz talks
Oil prices staged their sharpest single-session drop in weeks on Monday after Washington and Tehran paused military strikes over the weekend, but the relief was clouded almost immediately: Houthi forces struck the Saudi…
Read more →ANZ says sticky Australia inflation raises risk of November RBA rate hike
Homeowners hoping the Reserve Bank would continue to deliver one rate cut after another have been dealt a brutal wake-up call, with experts warning a 2026 rate hike is no longer a remote possibility.
Read more →SoftBank weighs up to $20 bln bond sale to refinance OpenAI loan - Bloomberg
[HONG KONG] ByteDance, the developer of TikTok, is in preliminary talks with banks for a borrowing of about US$20 billion, sources familiar with the matter said, in what would be the firm’s largest offshore loan yet at …
Read more →Buying Nvidia ahead of today’s earnings? You must see what our AI models say first
Artificial intelligence stocks maintain their allure, thanks to industry momentum and appealing valuations.
Read more →Why Tesla has been caught up in a massive car recall in China
The country's biggest ever car recall affects more than four million vehicles made by Tesla, XPeng, Xiaomi and other firms.
Read more →Australia July inflation tops forecasts, boosting RBA rate-hike risks
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…
Read more →Musk's rocket firm SpaceX to build $100bn launch facility
Multi-billionaire Elon Musk's rocket company SpaceX has announced that it will build its largest launch site yet in the southern US state of Louisiana.
Read more →AI gold rush draws crypto firms away from Bitcoin
Companies that once filled warehouses with computers to earn Bitcoin - a process known as mining - are now using that computing power for AI.
Read more →Firms scramble for battery power in Spain and Portugal
A massive power failure caused widespread chaos. People dug out lanterns and old radios, and companies scrambled to save what production they could.
Read more →Back to school: How to save on uniform costs
Back to school can stir up many emotions for parents, including anxiety about the extra costs it brings.
Read more →Winter energy prices expected to rise to three-year high
Energy bills for millions of households are expected to rise this winter to the highest level for three years, under a price cap to be announced by the industry regulator on Wednesday.
Read more →New-Home Sales Fall 10.5% as High Mortgage Rates Keep Housing Stuck
High home prices and elevated mortgage interest rates are keeping some buyers on the sidelines.
Read more →Who does Iran trade with and what could Trump's 'economic D-Day' mean?
The US has said "the single greatest financial offensive ever" will help it and Israel end their ongoing war with Iran.
Read more →OnlyFans owner was paid over $700m before his death
The late owner of streaming platform OnlyFans was paid more than $700m (£513m) in dividends before his death from cancer earlier this year.
Read more →TGA Could Turn a Small Buyback Into a Market Mover
The Treasury General Account (TGA) is Treasury’s cash balance held at the Federal Reserve. Its balance is the net of cash inflows like tax receipts and outflows to pay the government’s bills. On Monday, we learned that …
Read more →FTSE 100 today: Stocks edge higher as bitcoin extends surge
SELLAS Life Sciences Group, Inc. NASDAQ:SLS shares built on Friday’s 15.37% surge in premarket trade Monday, rising a further 1.62% to $15.71 at 08:40 EDT. The stock was 1.1% shy of its 52-week peak at $15.88.
Read more →Bessent’s Iran Offensive, Gold’s 3-Month High and Aussie CPI Ahead
Markets tread water ahead of Nvidia and Jackson Hole as Bessent launches his Iran sanctions campaign and gold hits a fresh high.
Read more →Semiconductor Stocks Pressure the S&P 500
The S&P 500 finished the day lower, with semiconductor stocks leading the way. The SMH ETF bounced off the put wall today, which had moved down to $545. I just do not know how long that level will hold. There appears to…
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