Business
Earnings call transcript: Scentre Group lifts H1 2026 guidance on strong growth
The company announced a leadership transition where Dan Taylor will succeed Peter Jackson as CEO on Oct. 1, 2026. Management reported a strategic shift toward prioritizing market share and customer acquisition in the U.…
Trump says U.S. will hike Canada auto tariffs to 50% as trade war escalates
President Donald Trump on Monday said the U.S. will raise tariffs on imports of cars, trucks and auto parts from Canada to 50% on Jan. 1, 2027, following a breakdown in trade negotiations last week.
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
The KOSPI has erased around $2 trillion in 40 days, its worst crash on record. Here is what happened, why it matters and what it means for crypto.
Slow Pace of Brazil Harvest and Tight Inventories Boost Coffee Prices
Coffee prices are sharply higher today, with arabica soaring to a 6.75-month high. The slow pace of Brazil’s coffee harvest is keeping supplies tight and underpinning prices. Last Wednesday, Brazil’s Cooxupe co-op repor…
Mark Walter's TWG Global hires Goldman veteran Markowitz as top lawyer amid probe of insurers
TWG Global has tapped veteran Goldman Sachs lawyer David Markowitz to be its chief legal officer, as federal investigators probe how two insurers that are part of TWG CEO Mark Walter's sprawling business empire classifi…
Stock Indices Finish Mostly Lower on Chipmaker Weakness
The S&P 500 Index ($SPX) (SPY) closed down by -0.28% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed up by +0.26%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.97%. E-mini S&P futures (ESU26…
Coffee Prices Soar as Supplies Tighten
December arabica coffee (KCZ26) closed up +19.00 (+5.89%) today, and September ICE robusta coffee (RMU26) closed up +192 (+5.34%).
Visa and Mastercard stocks hit fresh records, underscoring a resilient U.S. consumer
L3Harris Technologies (LHX) stands out on the upside. The stock rallies about 13% after announcing a plan to spin off its Missile Solutions business via an IPO in the second half of 2026, seeded with $1 billion from the…
Trump suggested states should fund Medicare — which would weaken the program and put Americans at risk
Health policy expert Will Dow breaks down the risks—and potential state-level response
Supreme Court allows some Trump vote-by-mail limits ahead of midterm election
The Supreme Court on Monday sided with President Donald Trump for now in his effort to impose sweeping new restrictions on distributing mail ballots, putting on hold a lower-court ruling that had blocked key parts of th…
Oil prices pull back as Bessent launches ‘Operation Economic Outcast’ against Iran but holds off on new secondary sanctions
Treasury Secretary Scott Bessent announced plans for a wave of new sanctions Monday aimed at further isolating Iran, after threatening the Islamic Republic with “an economic D-Day.”
SpaceX plans to put Nvidia-powered AI satellites in orbit next year
SpaceX and NVIDIA have formalized a partnership to design the compute payload for SpaceX’s Starmind AI1 satellite, a spacecraft built to run artificial intelligence workloads directly from low Earth orbit.
Trump admin unveils anti-Iran global sanctions plan, signals China not exempt
The Trump administration on Monday announced a plan to isolate Iran's economy by threatening to impose secondary sanctions on the "enablers" keeping the Islamic Republic afloat.
Earnings call transcript: Ampol posts record H1 2026 profit as shares rise
August 9, 2026, 3:51 AM EDT. Vertiv Holdings Co. NYSE:VRT holds an average ‘Buy’ recommendation from 29 brokerages, with a 1-year consensus price target at $348.54. Current analyst targets stretch from $347 up to $500. …
Trump’s trade war with Canada could lead the U.S. back to quantitative easing
While the labour movement often seems at its lowest ebb, what Marx identified as capitalism’s main internal contradiction – the overaccumulation of capital at the world scale – has never been worse in absolute terms. Ca…
U.S. Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more'
U.S. Trade Representative Jamieson Greer on Monday said Canada was responsible for the collapse of trade deal negotiations last week, telling CNBC that Ottawa changed its demands at the eleventh hour.
Sugar Prices Slip as ISMA Says India has No Sugar Shortage
October NY world sugar #11 (SBV26) is down -0.05 (-0.28%) today, and October London ICE white sugar #5 (SWV26) is down -16.10 (-2.92%).
Cotton Starting Monday on the Lower Side
Cotton price action is down 4 to 42 points so far on Monday morning. Futures were up 1 to 7 points in the front months on Friday, with contracts down 8 points to 20 points higher. December was up 355 points on the week.…
Here’s how overvalued the stock market really is
Fidelity Investments, the big brokerage and mutual fund firm, long has had a rule protecting its small retail clients from plunging into initial public stock offerings while the shares were still subject to IPO-related …
California AG Rob Bonta cancels Paramount settlement meeting, citing 'lack of good faith'
California Attorney General Rob Bonta canceled a meeting with Paramount Skydance on Monday, saying the company demonstrated a "lack of good faith" in early settlement talks around its planned merger with Warner Bros. Di…
Nvidia says Groq racks will be online this year following $20 billion purchase
Nvidia announced Monday that its Groq 3 LPX rack is in full production, marking the commercialization of technology from the company's largest acquisition on record.
A massive trade just happened in gold. The options market is buzzing
Gold is up 15% this month, rallying alongside higher interest rates and quietly on pace for its best month since 2008. The biggest trade in the entire options market today says that run is coming to an end. Twenty minut…
Crypto extends gains after biggest 3-day rally since 2023
Bitcoin and crypto stocks extended their rally to start the week after the flagship cryptocurrency broke out of its trading range as investor concern over inflation and the fiscal deficit grew.