Business

Trading Day: Inflation palpitations

Thursday, September 10 by SRN News

By Jamie McGeever ORLANDO, Florida, Sept 10 (Reuters) - Global bond yields leaped to multi-year highs and U.S. and European stocks slumped on Thursday, as oil surged above $100 a barrel on the prospect of prolonged conflict in the Middle East. U.S. President Donald Trump... Read More.

Adobe beats third-quarter revenue estimates on AI product demand

Thursday, September 10 by SRN News

Sept 10 (Reuters) - Adobe beat Wall Street estimates for third-quarter revenue on Thursday, as demand for its AI-integrated products and tools continued to grow. The company reported revenue of $6.76 billion for the quarter, compared with analysts' average estimate of $6.70 billion, according to... Read More.

Texas Stock Exchange captures first primary equity market listings from NYSE

Thursday, September 10 by SRN News

By Suzanne McGee PROVIDENCE, Rhode Island, Sept 10 (Reuters) - The fledgling Texas Stock Exchange on Thursday scored another victory against established New York trading venues, convincing three related energy partnerships to shift their primary listing from the New York Stock Exchange to Dallas. In the... Read More.

Barington Capital takes Bath & Body Works stake, pushes for sale, Bloomberg reports

Thursday, September 10 by SRN News

Sept 10 (Reuters) - Activist investment firm Barington Capital Group has taken a new stake in Bath & Body Works and is pushing the personal care brand to explore a sale, Bloomberg News reported on Thursday, citing people familiar with the matter. Shares of the... Read More.

Europe drives global EV sales growth in August, offsetting China, North America weakness

Thursday, September 10 by SRN News

Sept 11 (Reuters) - Global demand for electric vehicles rose for a sixth consecutive month in August, with Europe leading the growth, data from UK-based research firm Benchmark Mineral Intelligence showed on Friday. Sales of battery-electric and plug-in hybrid vehicles show growing differences between major... Read More.

Global bonds fall as surging oil prices inflame inflation risks

Thursday, September 10 by SRN News

(Refiles to remove extraneous word from headline) By Stella Qiu SYDNEY, Sept 11 (Reuters) - Global bond yields spiked to new highs and sharemarkets slumped on Friday as soaring oil prices inflamed inflation risks, sending investors scrambling to price in more policy tightening from central banks... Read More.

Trump wants to send Americans money. Congress and economists don’t seem thrilled with the idea

Thursday, September 10 by SRN News

WASHINGTON (AP) - Donald Trump's pitch to send Americans $5,000 checks should Republicans prevail in the November midterms is drawing scorn from some members of Congress - the very people who have constitutional authority over federal spending. Economists and other political observers are voicing... Read More.

IMF says global growth on track to reach 3% in 2026, but risks remain high

Thursday, September 10 by SRN News

By Andrea Shalal and Rodrigo Campos WASHINGTON, Sept 10 (Reuters) - The IMF said on Thursday the global economy had weathered the energy shock caused by the war in the Middle East better than feared and global economic output was still expected to expand by... Read More.

Fed, eyeing inflation data, may lean toward a hike, traders bet

Thursday, September 10 by SRN News

By Ann Saphir Sept 10 (Reuters) - The Federal Reserve is a bit more likely to raise short-term borrowing costs at its meeting next week, traders bet on Thursday, after the first of this week's key inflation reports. Data showed U.S. producer prices rose 5.4% in... Read More.

Wall St slips after hotter-than-expected producer inflation data

Thursday, September 10 by SRN News

By Tharuniyaa Lakshmi and Niket Nishant Sept 10 (Reuters) - Wall Street's main indexes edged lower on Thursday after producer prices data for August raised expectations of an interest rate hike this month, while an escalating conflict in the Middle East kept oil prices above... Read More.

Current Weather

Trading Day: Inflation palpitations

Adobe beats third-quarter revenue estimates on AI product demand

Texas Stock Exchange captures first primary equity market listings from NYSE

Barington Capital takes Bath & Body Works stake, pushes for sale, Bloomberg reports

Europe drives global EV sales growth in August, offsetting China, North America weakness

Global bonds fall as surging oil prices inflame inflation risks

Trump wants to send Americans money. Congress and economists don’t seem thrilled with the idea

IMF says global growth on track to reach 3% in 2026, but risks remain high

Fed, eyeing inflation data, may lean toward a hike, traders bet

Wall St slips after hotter-than-expected producer inflation data

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