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News
Iran war pushes textile costs, idles factories
16+ hour, 50+ min ago (368+ words) After lunch at Plummy Fashions on Dhaka's outskirts, one line clicks back into motion, with workers checking seams and fastening tags to piles of women's black T‑shirts headed to Zara stores across Europe. Steps away, a different hall has…...
Modi Unites BRICS On Middle East Stance
18+ hour, 31+ min ago (241+ words) "New Delhi finds great utility in BRICS to project its strategic autonomy," said Praveen Donthi, a senior analyst with the International Crisis Group. The statement avoided naming names. It called for restraint and urged parties to avoid steps that "could…...
U.S. to Sanction a Large Bank Next Week
2+ day, 10+ hour ago (1083+ words) U.S. to Sanction "A Large Bank" Next Week, Treasury's Bessent Says Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. U.S. to Sanction "A Large Bank" Next Week, Treasury's Bessent Says - Treasury Secretary…...
Markets Reprice for Fed as Inflation and Oil Surge
2+ day, 16+ hour ago (165+ words) Briefs Finance Jeffrey Roach, LPL Financial's chief economist, wrote, "As the conflict with Iran drags on longer than many expected, inflation pressures are becoming increasingly entrenched, leaving investors in search of a catalyst strong enough to change the inflation narrative....
Lula Cuts Fuel Taxes Ahead of Brazil Vote
3+ day, 10+ hour ago (1072+ words) Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Lula Slashes Fuel Taxes Weeks Before Brazil's Oct. 4 Vote - Luiz Inácio Lula da Silva signed a decree cutting federal gasoline taxes by 0.63 real…...
JPMorgan Nears $1 Trillion Market Value
3+ day, 15+ hour ago (347+ words) He framed the key question this way: will investors keep valuing JPMorgan at a "material discount to the broader market"? He also argues that the combination of JPMorgan's scale and its involvement in AI, digital-asset efforts, and wealth management positions…...
Oil Jumps 3% as U.S.-Iran Tensions Hit Hormuz
3+ day, 21+ hour ago (222+ words) Traders bid up oil as risks around the Strait of Hormuz resurfaced. By 8:29 a.m. ET, Brent was up 3% to $100.86 and WTI was higher by 3% at $95.84. The U.S. military said it destroyed five Iranian crude oil tankers on Tuesday in response to attempted…...
Trump's Energy Stakes Rose Amid Iran War
3+ day, 21+ hour ago (475+ words) To compile the roster, CNBC combined Trump's year end 2025 stakes in identical oil and gas companies across his various accounts, then ordered them by reported value. The nine were Chevron, ConocoPhillips, Exxon Mobil, Kinder Morgan, Marathon Petroleum, Occidental Petroleum, Phillips…...
Post-Labor Day Bond Market Slows
4+ day, 1+ hour ago (1168+ words) Who was in the market Eighteen borrowers came with bond pitches Tuesday, a lineup that included UBS AG and Bank of Montreal. A private credit fund tied to Ares Management Corp also stepped up, and GSK Plc was out marketing…...
U.S. Consumer Credit Surges in July
4+ day, 10+ hour ago (917+ words) U.S. consumer credit jumped more than expected in July Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. U.S. consumer credit jumped more than expected in July - Total consumer credit rose $18.1 billion in…...