Business

Brazil braces for new U.S. tariffs as Washington broadens trade push, sources say

Wednesday, July 15 by SRN News

By Lisandra Paraguassu BRASILIA, July 14 (Reuters) - Brazil is bracing for the United States to impose a new 25% tariff on thousands of its imports after months of intensive but largely unproductive negotiations, three people familiar with the matter told Reuters, in a move... Read More.

Dimon-led JPMorgan poised to become world’s first $1 trillion bank

Wednesday, July 15 by SRN News

By Niket Nishant and Manya Saini July 15 (Reuters) - Jamie Dimon's two decades at the helm of JPMorgan Chase have rewritten industry record books and the Wall Street giant is now within striking distance of another landmark - becoming the first bank ever to... Read More.

Electra taps Safran for 250 turbogenerators to power hybrid-electric EL9

Wednesday, July 15 by SRN News

By Anshuman Tripathy July 15 (Reuters) - Electra said on Wednesday it has signed a production agreement with France's Safran Helicopter Engines for turbogenerators, as the hybrid-electric aircraft startup looks to advance certification efforts. The company said the deal includes an initial order for 250... Read More.

This is how to stretch your new car buying dollars in 2026, according to Edmunds

Wednesday, July 15 by SRN News

With new-vehicle prices hovering near record highs and monthly payments consuming a growing share of household budgets, many shoppers are looking for ways to make every car-buying dollar go further. And with ample options for where, when and how to buy, it's not hard... Read More.

US producer prices drop 0.3% from May to June on lower energy prices

Wednesday, July 15 by SRN News

WASHINGTON (AP) - U.S. wholesale inflation fell from May to June on plunging energy prices, but intensifying hostilities with Iran are clouding the outlook. The Labor Department reported Wednesday that its producer price index - which captures inflation before it reaches consumers - dropped 0.3%... Read More.

J&J quarterly earnings beat Wall Street estimates on strength of medicines unit

Wednesday, July 15 by SRN News

By Michael Erman July 15 (Reuters) - Johnson & Johnson beat Wall Street estimates for second-quarter sales and profit on Wednesday, as strong growth from immunology drug Tremfya and cancer blockbuster Darzalex more than offset erosion from older products and a drop in sales for... Read More.

BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflows

Wednesday, July 15 by SRN News

By Arasu Kannagi Basil and Lewis Krauskopf July 15 (Reuters) - BlackRock beat Wall Street estimates for second-quarter profit on Wednesday as a stock market rally lifted the value of client assets and investors poured money into its exchange-traded funds, sending its shares up 6%... Read More.

Morning Bid: Melting core

Wednesday, July 15 by SRN News

By Mike Dolan July 15 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A torrent of new information hit markets on Tuesday, with a mostly positive tilt for both stocks and bonds. A surprisingly large decline in U.S.... Read More.

PNC Financial posts record quarterly revenue on capital markets windfall, FirstBank buy

Wednesday, July 15 by SRN News

July 15 (Reuters) - U.S. bank PNC Financial reported record quarterly revenue on Wednesday, boosted by robust capital markets activity and its acquisition of regional lender FirstBank. Dealmaking on Wall Street has accelerated in 2026 as companies take advantage of a more relaxed regulatory environment... Read More.

BNY lifts 2026 revenue forecast above estimates after record second quarter

Wednesday, July 15 by SRN News

July 15 (Reuters) - BNY raised its 2026 revenue forecast above Wall Street expectations on Wednesday after posting record second-quarter revenue, driven by higher interest income, fees and rising equity markets that boosted the value of client assets. U.S. stocks rallied in the second quarter,... Read More.

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Current Weather

Brazil braces for new U.S. tariffs as Washington broadens trade push, sources say

Dimon-led JPMorgan poised to become world’s first $1 trillion bank

Electra taps Safran for 250 turbogenerators to power hybrid-electric EL9

This is how to stretch your new car buying dollars in 2026, according to Edmunds

US producer prices drop 0.3% from May to June on lower energy prices

J&J quarterly earnings beat Wall Street estimates on strength of medicines unit

BlackRock assets hit record $15 trillion on boost from buoyant markets, ETF inflows

Morning Bid: Melting core

PNC Financial posts record quarterly revenue on capital markets windfall, FirstBank buy

BNY lifts 2026 revenue forecast above estimates after record second quarter

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