Finance

The off-price retailer’s second-quarter results exceeded internal plans, prompting a raise in earnings guidance and an expansion of its long-term store target to 7,500 units.

A new consumer guide suggests that while unrestricted dining rewards cap at approximately 4 per cent, higher rates often come with spending caps or redemption restrictions.

The semiconductor firm issued warrants to Google worth over $12 billion, linking equity vesting to custom chip orders through fiscal 2033.

A new analysis clarifies that standard renters policies protect against third-party claims such as dog bites, but exclude veterinary costs and damage to the policyholder’s own property.

The payments giant’s latest move into the artificial intelligence sector sees it buy the token routing platform, a transaction valued at slightly more than US$8 billion.

US Treasury Secretary Scott Bessent has moved to buy more long-term debt in an effort to tame soaring borrowing costs, though Wall Street investors remain sceptical of the strategy’s long-term impact.

Sallie Mae offers the highest current US CD rate on a three-year term, while short-term yields remain elevated despite recent Federal Reserve cuts.

The value investor’s latest letter highlights Amazon’s cloud arm as a key holding, noting that while growth exceeds expectations, rising rivalry among hyperscalers could pressure future returns.

The investment firm argues that high gross margins and internal silicon programs from major customers pose a long-term threat to the chipmaker’s market share.

The hedge fund’s latest 13F filing reveals a new position in Applied Digital, alongside fresh bets on Cipher Digital and Core Scientific, as institutional interest in AI infrastructure continues to build.

US Treasury Secretary Scott Bessent is attempting to reverse soaring borrowing costs in the $32 trillion US Treasury market, a move that has investors watching closely.

The biotechnology firm’s market capitalisation has reached $9.5 billion as technical momentum drives the stock to new heights, despite mixed valuation assessments from analysts.

Data from LoanClub Data reveals a sharp increase in borrower distress across US Business Development Companies, with adjusted non-accrual exposure jumping to 3.3% in the first quarter of 2026.

Ryan Cohlhepp will succeed Claire Mazumdar as chief executive, a move that coincides with the presentation of three-year survival data for the company’s lead head and neck cancer drug.

Tyson Foods and Essendant lead a broad wave of closures across the US supply chain, driven by network consolidation and financial pressure.

The alternative asset manager described Howard Hughes Holdings as a potential “modern-day Berkshire Hathaway” following its June 2026 acquisition of specialty insurer Vantage Group Holdings.

The new rack-scale system claims to deliver 30 times the tokens per second per user compared with graphics processing units, though shares fell sharply following a quarterly loss.

The Rich Dad, Poor Dad author argues for embracing leverage and alternative assets, diverging sharply from the frugality-focused advice of peers like Dave Ramsey and Suze Orman.

The US Treasury’s surprise decision to double long-end bond buybacks to at least $4 billion per operation briefly stemmed a global rise in long-term borrowing costs. However, lingering concerns about inflation and expanding government debt sent longer-dated Treasury yields higher again on Thursday, while the dollar edged up.

Bitcoin and Ethereum posted significant gains after the U.S. President called on Congress to resolve the regulatory status of digital currencies.

The warehouse club will offer Medicare Advantage and supplement plans via a not-for-profit partner, subject to regulatory approval, as it expands into healthcare services.

New research suggests that 87 per cent of borrowers paid above the best available mortgage rates in 2025, highlighting the financial risk of relying on convenience over competitive comparison.

The Real Assets Strategy posted a 5.16% quarterly decline, with Enovix shares suffering three distinct drops in June due to operational and sector-specific pressures.

Softer economic indicators have outweighed inflationary pressures from rising oil prices, prompting a shift in market expectations for monetary policy in both the United States and the United Kingdom.

The move to "at least double" securities purchases did not prevent a slide in long-term US Treasuries, according to the Financial Times.

The Nasdaq fell 0.82 per cent in early trading on Thursday, with investors weighing disappointing revenue figures from OpenAI ahead of a critical earnings test for the AI sector.

Analysts maintain a $253 price objective on the lender, citing healthy credit trends and expected synergies from the Discover integration, despite a slowdown in domestic card growth.

The biotech firm’s stock jumped 63.84 per cent after clinical data showed a 55 per cent reduction in severe low-blood-sugar episodes, setting the stage for a 2027 launch.

The mutual insurer will return profits to members covering more than 49 million vehicles, with payments averaging $100 per vehicle based on 2025 premiums.

While seller concessions reach near-record highs in the current buyer's market, major US loan programs impose rigid percentage limits that prevent buyers from converting all negotiated credits into cash.

The CNBC host contends that strong service sector earnings and beaten-down technology stocks present opportunities, even as housing and payroll data show weakness.

The conglomerate’s insurance float reached $177.5 billion in the second quarter, even as underwriting earnings fell 13% due to higher claims costs at GEICO.

The biotechnology firm’s stock jumped significantly following the release of positive data for its first-in-class GLP-1 receptor antagonist, which met all primary and secondary endpoints in the Lucidity trial.

Premiums for term life policies can increase nearly six-fold between ages 60 and 75, while underwriting restrictions limit options for older applicants.

The US subsidiary of France-based ID Logistics Group SA has agreed to pay $2.36 million to resolve allegations that it improperly obtained a pandemic relief loan by misrepresenting its employee count.

New 13F filings reveal that Bill Gates’ foundation trust and Berkshire Hathaway both hold shares in the packaged food giant, signalling continued institutional support despite sector headwinds.

New reports from two major asset managers attribute the 50% decline in Bitcoin to extreme leverage and capital shifting towards artificial intelligence, while suggesting the current correction may be nearing its end.

The US-based firm offers US$4 per share, a 45% premium, to secure access to EU-GMP cultivation capacity and the German medical cannabis market.

The Israeli electronics firm cites transitional manufacturing costs and a stronger shekel for its second-quarter results, while outlining plans to expand capacity through new plating lines.

The trend of Wall Street firms targeting law students at the start of their education is drawing concern from the legal community.

Shipping containers fundamentally reshaped global trade and urban infrastructure, but a new analysis suggests this transformative phase is now concluding.

An auditor with stage 4 lung cancer sold his life insurance policies to a third-party buyer, aiming to invest the proceeds and generate a return exceeding the original death benefit.

Escalating US-Iran tensions and the lapse of a 60-day memorandum of understanding have forced Gulf producers to adopt ship-to-ship transfer strategies, driving VLCC freight rates to record highs.

Baron Small Cap Fund participated in the IPO of Blackstone Digital Infrastructure Trust, citing a robust pipeline and long-term hyperscaler leases as key drivers.