Stocks Settle Higher on Tame Inflation News
The S&P 500 Index ($SPX) (SPY) on Tuesday closed up +0.38%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.10%. September E-mini S…
City & Markets
Public Service Loan Forgiveness has new rules — 3 changes borrowers should know about
While federal courts have blocked the Trump administration's efforts to curb eligibility for Public Service Loan Forgiveness, other recent changes still impact borrowers' ability to benefit from the p…
New York Fed President Williams says inflation has peaked, rates 'well positioned'
New York Federal Reserve President John Williams said Wednesday that he sees multiple signs that inflation has peaked, allowing the central bank to hold interest rates in place despite market expectat…
SpaceX falls to $135 IPO price ahead of Starship launch
SpaceX's shares fell to just above $135 on Wednesday, the price that CEO Elon Musk and his company chose ahead of its blockbuster June 12 IPO that raked in nearly $86 billion.
Improved Indian Monsoon Rains Weigh on Sugar Prices
Sugar prices are under pressure today, with London sugar falling to a 2.5-week low. An improvement in India’s monsoon rains is weighing on sugar prices. India’s Meteorological Department reported toda…
Brazilian Real Strength Lifts Coffee Prices
Coffee prices are sharply higher today, with arabica coffee posting a 2-week high. Strength in the Brazilian real is lifting coffee prices today. The real (^USDBRL) rallied to a 20-month high today, d…
‘I don’t want to sound callous’: Why base your Social Security claim on life expectancy? We could die at any time.
What to know about positioning for the second half of 2026, and where we see opportunity by sector.
America’s oil refiners could more than triple profits as Iran war sparks massive boom
The United States-Israeli war on Iran and Tehran’s retaliatory strikes across the Gulf region have upended global financial and energy markets, raising concerns of a global economic crisis – and even …
What Intel Stock Was Saying Before Its 5x Climb
It's the kind of surge that makes you check the ticker twice. Between mid-2025 and mid-2026, Intel (INTC) stock surged nearly 360%, leaving the broader market in the dust. In hindsight, it's easy to p…
Anthropic moves closer to mega-IPO as bankers line up investor meetings
Anthropic is lining up meetings with investors ahead of a potential initial public offering later this year, a person with knowledge of the plans told CNBC.
BlackRock crosses $15 trillion in assets under management as Larry Fink hails 'strong' market fundamentals
Asset management giant BlackRock (BLK) crossed $15 trillion in assets under management in the second quarter, propelled by strong investor interest in the firm's exchange-traded fund (ETF) products.
Dollar Slips as Favorable PPI Reduces Fed Rate Hike Chances
The dollar index (DXY00) is down by -0.12% today. The dollar is under pressure today after US June producer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report …
IRS chief Frank Bisignano will lead Trump Accounts expansion
The U.S. Treasury Department is putting top official Frank Bisignano in charge of implementing the expansion of its popular Trump Accounts, the department told CNBC on Wednesday.
Mark Cuban Made 246 Shark Tank Deals. Not a Single One Has Gone Public.
Cuban's 246 Shark Tank deals returned roughly 8-9x on $33 million invested, but every company stayed private, locking out ordinary investors entirely.
Wheat Leading the Grain Rally on Wednesday Morning Black Sea Escalation
Wheat is trading with 15 to 22 cent gains across the three markets early on Wednesday. The wheat complex posted gains across the three exchanges at the Tuesday close. Chicago SRW contracts were up 4 1…
Cattle Look to Wednesday as Beef Weakness Continues
Live cattle futures faced continued weakness on Tuesday, with contracts down $1.60 to $3.30 at the close. Open interest was up 3,860 contracts, with August down 8,909 contracts. Cash trade has yet to …
Cocoa Prices Consolidate Last Week’s Rally
September ICE NY cocoa (CCU26) today is up +77 (+1.33%), and September ICE London cocoa #7 (CAU26) is up +25 (+0.58%).
SpaceX stock sinks below $135 IPO price for the first time
SpaceX shares fell for a fourth-straight session on Wednesday, dropping below their $135 initial public offering price for the first time as hype around the reusable rocket maker fizzled.
‘Arsenal of democracy’: Jamie Dimon announces $24 million effort to boost American shipbuilding
JPMorgan Chase CEO Jamie Dimon on Wednesday announced a $24 million effort to help revive American shipbuilding, his latest move under the bank's $1.5 trillion security project aimed at bolstering ind…
Trump's DNI pick Jay Clayton won't tell senators Biden won the 2020 election
Jay Clayton, President Donald Trump's pick for director of national intelligence, refused to say Joe Biden won the 2020 election, claimed not to know his predecessor Tulsi Gabbard took part in a raid …
Most Americans don’t know how to prevent dementia. Here’s what you can do.
Financial scams are everywhere these days and no one is immune. And sometimes it leaves us older adults with no way to recoup our losses. Worldwide, people age 60 and over lose billions of dollars com…
Cotton Bouncing Higher on Wednesday Morning
Cotton price action is 14 to 26 points gains on Wednesday morning. Futures ended Tuesday on a weaker noted despite a midday bounce, with contracts down 23 to 74 points on the session. Crude oil was up…
US producer prices unexpectedly fall in June
WASHINGTON, July 15 (Reuters) - U.S. producer prices unexpectedly fell in June, another indication that inflation was retreating before the recent escalation in the Middle East conflict.
QCAD Adds TD as Reserve Custodian in Push for Wider Canadian Adoption
Stablecorp Digital Currencies has named TD Bank Group (NYSE: $TD) (TSX: $TD) as the primary custodian for reserves backing QCAD (CRYPTO: $QCAD), bringing one of Canada's largest financial institutions…