Markets
World's top-performing sovereign wealth fund warns of looming pullback in U.S. stock market
Investors behind the world's top-performing sovereign wealth fund warned Wednesday that the U.S. equity market could be due a correction.
Markets
Markets
Hog Weakness Continues, as Traders Look to Wednesday
Lean hog futures were lower on Tuesday, with contracts down 60 cents to $1.70.b Open interest was up 5,392 contracts on Tuesday. USDA’s national base hog price was reported at $84.58 on Tuesday afternoon, up $1.76 from …
Markets
OpenAI investors have approached the company about a new funding round
Investors have floated a $1.2 trillion valuation to OpenAI, and some have positioned the potential new funding round as a way for employees to sell stock, according to the people, who asked not to be named in order to d…
Markets
Adidas cuts jobs in India technology team
Adidas has reduced its technology workforce in India as part of a broader effort to simplify its operations, with the job cuts reportedly affecting nearly half of the employees at its Gurugram technology hub. The German…
Markets
Semtech Guidance Shows Earnings Growth Is Catching Up With Its Valuation
A public company since the late 1960s, Semtech (NASDAQ:SMTC) is a provider of analog and mixed-signal semiconductors used for Internet of Things systems and cloud connectivity.
Markets
Cattle Look to Wednesday Following Tuesday Correction
Live cattle futures slipped back lower on Tuesday with contracts down $1.42 to $1.90 at the close. Open interest was down 8,019 contracts on Tuesday. Cash trade has yet to get kicked off this week, as last week showed s…
Markets
15 stocks that have grown dividends the most — and nearly all have beaten the S&P 500
Join over half a million readers using Kiplinger's insights to make smart financial decisions. Profit and prosper with our expert guidance on investing, taxes and retirement, and more. Delivered daily.
Markets
J.B. Hunt stock plunges 10% after company warns third-quarter earnings will fall
Shares of J.B. Hunt plunged more than 10% on Wednesday after the trucking company said it expects its earnings to drop in the third quarter.
Markets
Property Damage: Neural Networks Track Down Insurance Fraudsters
Insurers are increasingly automating their processes. AI technology enhances efficiency and detects fraudulent activity. However, regulatory requirements still impose some limitations.
Markets
Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household
Consumers are facing a double-whammy of jumping oil prices and Treasury yields amid the U.S. war with Iran that is leaving them increasingly cash-strapped.
Markets
‘I am drowning in debt’: I have $125,000 in credit-card debt. Will $9,000 in disability income affect my bankruptcy?
“I racked up this debt to cover my living expenses for two years without an income stream.”
Markets
Intel, SK Hynix shares jump on report they're discussing U.S. memory chip manufacturing
SK Hynix is in talks with Intel to manufacture its memory chips in the U.S. for the first time, Reuters reported Wednesday, sending shares of both companies higher in premarket trading.
Markets
This BlackRock strategist opposes a Fed hike. Here are the funds she recommends.
AI stocks are among the most vulnerable to higher bond yields, one analyst says. Plus, are investment bank stocks a buy?
Markets
Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision
The biggest trade in options on the Cboe VIX Index Tuesday was an unusual $6 million purchase of deep, deep in-the-money-puts that might be an unusual interest-rate play ahead of Wednesday's highly-anticipated Federal R…
Markets
Canada invited to become EU’s first ‘associate member’ as Trump trade war intensifies
European Commission President Ursula von der Leyen on Wednesday said the European Union is opening the door for Canada to become the first associate member of the 27-nation bloc.
Markets
Bank of England expected to leave interest rates on hold on Thursday as inflation hits 3.1%, and rents accelerate – business live
The Consumer Prices Index, which measures the cost of goods and services across the economy, has risen to 3.1% in the year to August, up from 2.9% in July.
Markets
Ukraine's message to Asian nations: your chips are turning up in Russian missiles
SINGAPORE — Ukraine's sanctions envoy said Russia could be forced to retreat from the war within six months if its oil revenues are halved, as he pressed governments across Asia to shut down loopholes letting Russian ta…
Markets
Wheat Trading with Gains on Tuesday
The wheat complex is trading with contracts higher across the three exchanges. Chicago SRW contracts are posting 2 to 4 cent gains on the session. KC HRW futures are 1 to 2 ¼ cents higher on the day. MPLS spring wheat i…
Markets
Saudi says Houthis targeted Mecca with a drone, Iran-backed group rejects claim
Saudi Arabia said Wednesday that its air defenses intercepted and destroyed a Houthi drone before it could enter the airspace over Mecca, with the Iran-backed Houthi militia group rejecting the claim as "an worn-out lie…
Markets
Stocks Settle Lower as Crude Prices and Bond Yields Surge
The S&P 500 Index ($SPX) (SPY) closed down by -0.45% on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.63%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.65%. E-mini S&P futures (ES…
Markets
Yield on 10-year Treasury hovers above 5% as investors await Fed decision
Yields on U.S. Treasurys were little changed Wednesday morning, as investors awaited the outcome of the Federal Reserve's two-day September meeting.
Markets
Axon prices $1 billion convertible notes offering due 2031
Axon Enterprise (AXON) stock dropped 11.3% intraday on September 15, falling from a prior close near $490 to $434.98 by mid morning. The trigger cited in the day’s news flow was a new $1 billion offering of zero percent…
Markets
Crypto exchange Binance takes on tradfi by courting rich investors to join its expanded wealth-management platform
Cryptocurrency exchange Binance is taking on the world of traditional finance as it seeks to increase its appeal to customers.
Markets
Wheat Sees Gains on Tuesday
The wheat complex posted strength across the three exchanges on Tuesday. Chicago SRW contracts closed the Tuesday session with contracts 5 ¼ to 8 ½ cents higher. KC HRW futures were 2 ¾ to 6 ¼ cents higher on the day. M…