Business

Government fights trade judge’s order for tariff refunds to all importers

Tuesday, August 11 by SRN News

NEW YORK (AP) - Government lawyers said a Court of International Trade judge overstepped his authority by ordering the U.S. Customs and Border Patrol to issue refunds to all companies that paid tariffs that were deemed illegal in February, even those that didn't file... Read More.

Disney wins global streaming rights for Formula E races

Tuesday, August 11 by SRN News

Aug 11 (Reuters) - Disney said on Tuesday it had signed a multi-year deal to stream all-electric Formula E races globally across 144 territories on Disney+, with races also available on ESPN and ESPN+ in the U.S. Demand for live sports programming is seen as... Read More.

Boeing jet deliveries drop 17% in July

Tuesday, August 11 by SRN News

SEATTLE, Aug 11 (Reuters) - Boeing said Tuesday that it delivered 53 jets in July, five more than a year earlier, but a sharp drop from the 64 jets it handed over in June. The U.S. planemaker trailed European rival Airbus, which delivered 67... Read More.

Nvidia is developing Nemotron 4 open-source models, The Information reports

Tuesday, August 11 by SRN News

Aug 11 (Reuters) - Nvidia is developing a new AI model family, Nemotron 4, with the goal of rivaling top open-source models globally, The Information reported on Tuesday, citing people who work on the project. The chip giant is among the few major U.S. firms... Read More.

S&P 500, Nasdaq open higher as investors weigh report of fresh U.S.-Iran peace deal

Tuesday, August 11 by SRN News

Aug 11 (Reuters) - The S&P 500 and the Nasdaq opened higher on Tuesday as investors welcomed a report suggesting the U.S and Iran were close to "some sort of an arrangement" to end six months of conflict. The Dow Jones Industrial Average fell 14.4... Read More.

Bumble eases women-first messaging rule as dating apps seek engagement boost

Tuesday, August 11 by SRN News

Aug 11 (Reuters) - Bumble on Tuesday said it would now allow either person in a match to send the first message, dropping the women-first messaging rule that has been a defining feature of the dating app since its launch in 2014. The move comes... Read More.

US existing home sales post second straight monthly decline in July

Tuesday, August 11 by SRN News

WASHINGTON, Aug 11 (Reuters) - U.S. existing home sales fell for a second straight month in July, and a rebound is likely to be limited by higher mortgage rates and tight supply. Home sales dropped 1.7% last month to a seasonally adjusted annual rate of... Read More.

US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers

Tuesday, August 11 by SRN News

WASHINGTON (AP) - Sales of previously occupied U.S. homes slowed again in July as record prices and the highest mortgage rates in a year prove to be an insurmountable hurdle for many prospective homebuyers. Existing home sales fell 1.7% last month from June to... Read More.

Wall St futures edge up as Hormuz progress weighs down oil prices

Tuesday, August 11 by SRN News

By Avinash P and Purvi Agarwal Aug 11 (Reuters) - U.S. stock index futures inched up on Tuesday as signs of progress toward reopening the Strait of Hormuz weighed on oil prices, though the inflation outlook remained uncertain. Talks between Oman and Iran over... Read More.

Morning Bid: Long bond bother

Tuesday, August 11 by SRN News

By Mike Dolan Aug 11 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets With U.S. Treasuries on tenterhooks ahead of tomorrow's big inflation report, the renewed tightening of energy markets is adding to the tension, with Brent... Read More.

Current Weather

Government fights trade judge’s order for tariff refunds to all importers

Disney wins global streaming rights for Formula E races

Boeing jet deliveries drop 17% in July

Nvidia is developing Nemotron 4 open-source models, The Information reports

S&P 500, Nasdaq open higher as investors weigh report of fresh U.S.-Iran peace deal

Bumble eases women-first messaging rule as dating apps seek engagement boost

US existing home sales post second straight monthly decline in July

US existing homes fall 1.7% in July as record prices, high mortgage rates stifle would be-buyers

Wall St futures edge up as Hormuz progress weighs down oil prices

Morning Bid: Long bond bother

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