Business

Morning Bid: Semis fly again as AI capex shoots the moon

Wednesday, August 5 by SRN News

August 5 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Asian markets have followed through on Wall Street's record close with gains in the major semiconductor stocks, ignoring setbacks in SpaceX and AMD as they failed to... Read More.

Lockup expiry will offer the next test of investor appetite for SpaceX shares

Wednesday, August 5 by SRN News

By Suzanne McGee and Akash Sriram PROVIDENCE, Rhode Island, Aug 4 (Reuters) - The next test for SpaceX investors following its first earnings report as a public company comes on Thursday, when as many as 912 million shares held by employees and other pre-IPO stakeholders... Read More.

Iran and Oman are working on a plan to reopen the Strait of Hormuz, and other Mideast developments

Tuesday, August 4 by SRN News

CAIRO (AP) - Iran and Oman are inching toward a deal to reopen the disputed Strait of Hormuz and potentially help bring an end to the war. The emerging agreement calls for ships to enter the Persian Gulf through an Iranian-controlled route... Read More.

GM renews China joint venture with SAIC for 20 years after restructuring

Tuesday, August 4 by SRN News

By Kalea Hall DETROIT, Aug 4 (Reuters) - General Motors said on Tuesday it had renewed its joint-venture agreement with China's SAIC Motor for 20 years after a lengthy restructuring in the Chinese market that included plant closures and the elimination of some models. The... Read More.

Fed’s Schmid calls for tighter monetary policy to tamp down on ‘too high’ inflation

Tuesday, August 4 by SRN News

By Michael S. Derby Aug 4 (Reuters) - Federal Reserve Bank of Kansas City President Jeff Schmid said on Tuesday that some sort of monetary policy tightening is needed to get "too high" inflation back to the 2% target. "The economy appears to be performing well... Read More.

Some BOJ members expect inflation boost later this year, minutes show

Tuesday, August 4 by SRN News

(Corrects to eight, not nine, board members in 2nd paragraph, adds BOJ governor's absence from meeting) TOKYO, Aug 5 (Reuters) - Some Bank of Japan board members said consumer inflation will likely get a significant boost in the latter half of the current fiscal year... Read More.

Asia shares surge on tech mood swing, oil retreats

Tuesday, August 4 by SRN News

By Wayne Cole SYDNEY, Aug 5 (Reuters) - Asian stock markets jumped on Wednesday as strong earnings and a resurgence of demand for tech lifted Wall Street to record peaks, while hopes for progress on opening the Strait of Hormuz dragged on oil prices and... Read More.

Oil steadies after two-day slump as investors eye Hormuz traffic

Tuesday, August 4 by SRN News

By Helen Clark PERTH, Aug 5 (Reuters) - Oil steadied on Wednesday after steep falls in the previous two trading sessions, as investors waited to see if efforts to end the U.S.-Iran war and restore traffic through the blockaded Strait of Hormuz were making progress. Brent... Read More.

Yen finds footing after intervention, dollar near 6-week low on Mideast hopes

Tuesday, August 4 by SRN News

By Jiaxing Li HONG KONG, Aug 5 (Reuters) - Currency markets paused for breath on Wednesday as pressure on the Japanese yen eased following recent bouts of intervention and a forceful show of U.S. support, while the dollar held near six-week lows on fresh optimism... Read More.

Booking Holdings beats quarterly profit estimates but warns of Middle East pressures

Tuesday, August 4 by SRN News

Aug 4 (Reuters) - Booking Holdings beat Wall Street estimates for second-quarter profit on Tuesday amid growing demand for international travel, but warned that the conflict in the Middle East pressured travel to the region. Shares of the company, the first major U.S. online travel... Read More.

Current Weather

Morning Bid: Semis fly again as AI capex shoots the moon

Lockup expiry will offer the next test of investor appetite for SpaceX shares

Iran and Oman are working on a plan to reopen the Strait of Hormuz, and other Mideast developments

GM renews China joint venture with SAIC for 20 years after restructuring

Fed’s Schmid calls for tighter monetary policy to tamp down on ‘too high’ inflation

Some BOJ members expect inflation boost later this year, minutes show

Asia shares surge on tech mood swing, oil retreats

Oil steadies after two-day slump as investors eye Hormuz traffic

Yen finds footing after intervention, dollar near 6-week low on Mideast hopes

Booking Holdings beats quarterly profit estimates but warns of Middle East pressures

On Air Now

Brian Kilmeade

On Air Next

Erick Erickson

Political News

White House defends Trump’s ability to vote by mail

What to watch for in Tuesday’s voting in Florida, Alaska, California

Florida, Alaska primaries offer early clues to battle for control of Congress

2 Dan Sullivans face off in Alaska’s US Senate primary, which also features a former congresswoman

What to watch Tuesday: Redistricting scrambles Florida as Alaska pits Dan Sullivan v. Dan Sullivan