Bessent says U.S. likely won't restart large-scale Iran combat as it steps up economic pressure
Bessent and President Donald Trump unveiled the economic operation nearly six months into the Iran war, which continues without a clear end in sight.
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Stocks Slip as Soaring Crude Prices Push Bond Yields Higher
The S&P 500 Index ($SPX ) (SPY ) is down by -0.20% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.24%. E-mini S&P futures (ESU26 ) are d…
Earnings call transcript: Brand Engagement Network posts Q2 2026 loss as shares slide
EVgo, Inc.(NASDAQ:EVGO) reported Q2 2026 results highlighting a strategic shift toward NACS standardization and a new partnership with Tesla to deploy branded V4 Superchargers. Management revised 2026 financial guidance…
The rise in interest rates hit a ‘raw nerve’ at the White House. Bessent’s plan has analysts on edge.
U.S. Treasury Secretary Scott Bessent has made waves this week with his plan to at least double his department’s buybacks of longer-dated Treasury bonds.
Wheat Posts Wednesday Strength
The wheat complex rallied across the three exchanges on the midweek session. Chicago SRW contracts was up 10 to 16 1/4 cents across most contracts. KC HRW futures were 12 ½ to 18 ½ cents higher on the session. MPLS spri…
The biggest loser from the Treasury’s latest buyback plan: The U.S. dollar. Here’s why.
(Bloomberg) -- Treasury Secretary Scott Bessent's bold intervention to stem a potentially damaging rise in US borrowing costs has some investors saying the dollar will ultimately pay the price.
AI data center outrage is showing up everywhere from ads to elections
During a brainstorming session earlier this summer, a group of comedians and employees at beverage company Liquid Death kicked around an idea for a brazen new advertising campaign that would humorously shed light on the…
Social Security union says it needs $3 billion and another 20,000 workers to fix long wait times and ‘ghost offices’
“The public is going to have a harder and harder time accessing these benefits,” union official said.
Walmart’s stock slides as investors worry that pressure on consumers is getting worse
Despite the cash burn at hyperscalers, the AI boom is only in its early stages, and the benefits are spreading, says Jennison’s Boyer.
Seahawks player on his real-estate side hustle: ‘I brought my Super Bowl ring to the open houses’
Seattle Seahawks wide receiver Montorie Foster Jr. went from substitute teaching to a Super Bowl championship in a matter of months. Winning a ring, however, hasnât convinced him to abandon his backup plan.
Stocks Under Pressure as Bond Yields Climb on Inflation Fears
The S&P 500 Index ($SPX ) (SPY ) is down by -0.29% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down by -0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.51%. E-mini S&P futures (ESU26 ) are d…
Apple has gotten too predictable. Can its next CEO bring back the element of surprise?
Wall Street is hoping that John Ternus will shift Apple’s AI strategy by spending more, pursuing larger mergers and doubling down on innovation.
Bessent says Treasury buyback operation could be more than $4 billion
Treasury Secretary Scott Bessent told CNBC on Thursday that an accelerated buyback of government debt could be higher than the announced $4 billion.
Corn Rallying to Near the Spring Highs as Weaker Tour Yields Continue
Corn prices are off to an early rally on Thursday, with contracts up 5 to 6 cents. Futures rallied into the Wednesday close, as contracts were up 8 to 10 cents in most front months, with deferreds fractionally to 5 ¼ ce…
California AG tells CNBC that settling Paramount-WBD lawsuit would require 'robust structural remedies'
California AG Rob Bonta discussed the states' antitrust case to block the Paramount Skydance-Warner Bros. Discovery merger with CNBC's David Faber.
How Micron's $50 billion Boise buildout is reshaping its hometown
Micron's AI-fueled rise and expansion are creating jobs and wealth in Boise, Idaho, while adding pressure to housing, traffic and the city's identity.
Sol Gel Tech earnings beat by $2.20, revenue fell short of estimates
Sol-Gel Technologies (NASDAQ:SLGL - Get Free Report) is projected to announce its Q2 2026 results before the market opens on Friday, August 21st. Analysts expect Sol-Gel Technologies to announce earnings of ($2.36) per …
U.S. bond yields are already surging again a day after Bessent’s debt-buyback plan
Despite the cash burn at hyperscalers, the AI boom is only in its early stages, and the benefits are spreading, says Jennison’s Boyer.
New Strong Sell Stocks for August 20th
Albertsons Companies, Inc. ACI is a retail holding company. The Zacks Consensus Estimate for its current year earnings has been revised 5.1% downward over the last 60 days.
‘There is considerable tension’: My grandmother, 99, wants to cut my mother out of her will. Should I intervene?
“Grandma feels that she was pressured by my mother into taking out a $50,000 HELOC.”
Bitcoin, ether surge as Trump urges Congress to pass crypto Clarity Act
Bitcoin, ether and other cryptocurrencies surged after U.S. President Donald Trump urged Congress to pass a bill expected to boost the sector.
Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead?
Our 4-year-old son has $100,000 in his 529 account. Should we buy him stocks instead? “He also has a brokerage account, but there’s only $500 in it.” Read at source
Bank of America sends message on Capital One stock
Capital One Financial has spent more than a year integrating Discover while investors watch whether the massive acquisition can translate into faster growth and stronger returns.
Bond yields edge higher as traders digest Treasury debt buyback plan
Bond yields edged higher on Thursday morning after pulling back sharply during the previous session following the Treasury Department's move to dramatically ramp up government debt repurchases in a bid to shore up longe…