Investors Await August
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NBC News - Top stories
August home sales drop more than expected, as prices set a new record
Sales of previously owned homes fell 2.5% in August from July, to a seasonally adjusted annualized rate of 3.86 million units, according to the National Association of Realtors.53 minutes ago -
CNBC - Business
August home sales drop more than expected, as prices set a new record
The median price of an existing home sold in August was $416,700, up 3.1% from August 2023.1 hour ago -
MarketWatch - Business
U.S. leading-economic-indicators index drops for sixth straight month
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.1 hour ago -
CNBC - Business
Bank of England presses pause on rate cuts, highlights 'gradual approach'
The decision to hold comes after the U.S. Federal Reserve kicked off its own monetary easing with an aggressive 50 basis point rate cut.1 hour ago -
MarketWatch - Business
10-, 30-year Treasury yields pop after jobless claims, Philadelphia Fed’s factory gauge
Long-term Treasury yields jumped in a sign of improving confidence in the U.S. outlook, after Thursday’s data showed the labor market and factory sector continued to hold up.1 hour ago -
NBC News - Top stories
Judge rules Sean ‘Diddy’ Combs will stay in jail while awaiting trial
Sean “Diddy’ Combs will not be released on bail, a second judge ruled. The accused sex trafficker’s legal team had appealed for his pre-trial freedom citing “horrific” jail conditions.17 hours ago -
The Guardian - World
Harvey Weinstein pleads not guilty to new sex crime charge as he awaits retrial
New allegations against disgraced film mogul, currently jailed in New York, not related to his overturned conviction. Harvey Weinstein pleaded not guilty on Wednesday to a new sex crime charge in ...19 hours ago -
ABC News - Sports
So far so good for DeBoer and No. 4 Alabama, but Georgia and other big tests await
The first few games of Kalen DeBoer’s tenure at Alabama have gone off well enough to appease even fans spoiled by 17 years of domination under his predecessor Nick Saban21 hours ago -
CNBC - Business
Treasury yields rise as investors look to Fed rate decision
All eyes are on the Federal Reserve’s interest rate decision expected for later in the day Wednesday.Yesterday - Federal Reserve -
Financial Times - Business
From Taipei to Budapest: the mysterious trail of exploding pagers
Supply chain of devices involved in audacious attacks in Lebanon spans three continentsYesterday -
MarketWatch - Business
New-home construction posts biggest increase in 6 months
Construction on new U.S. homes rose 9.6% in August, the Commerce Department said Wednesday.Yesterday -
CBS News - Top stories
Sean "Diddy" Combs remains in jail awaiting trial on sex trafficking, racketeering charges
In New York, a judge ruled Sean "Diddy" Combs must remain in jail as he awaits his trial. The music mogul is facing a wide range of charges, including the alleged serial abuse of women, a federal ...Yesterday -
MarketWatch - Business
Dow’s record run leaves transports behind. Here’s what it means for stocks.
How unusual is the underperformance of the Dow Transports — and how concerning is it?Yesterday -
BBC News - Top stories
Inflation holds steady despite jump in air fares
Lower fuel prices helped offset the higher cost of flying in the year to August.Yesterday -
Financial Times - World
August inflation data takes BoE September rate cut off the table
Core and services inflation ticked up, though the overall direction of travel remains positiveYesterday -
Financial Times - Business
UK inflation holds steady at 2.2% in August
Figures come ahead of Bank of England interest rate decision on ThursdayYesterday - United Kingdom -
CNBC - Business
UK inflation holds steady in August, matching expectations
U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.Yesterday - United Kingdom -
Financial Times - World
South Korea emerges as a top US investor as China tensions escalate
US project commitments from South Korean companies totalled $21.5bn last year, more than any other countryYesterday - China -
CBS News - Top stories
Border encounters up slightly in August, but apprehensions remain low
Encounters at the southern border rose slightly in August, but apprehensions are still around their lowest level in four years, according to data from Customs and Border Protection. CBS News ...Yesterday -
NBC News - Top stories
Judge orders Sean 'Diddy' Combs sent to jail while he awaits sex trafficking trial
Sean “Diddy” Combs, the spotlight-adoring music impresario who helped launch the careers of some of the biggest names in hip-hop and R&B, was denied bail and sent to jail Tuesday after being ...Yesterday -
ABC News - Entertainment
Judge refuses to grant bail to Sean "Diddy" Combs, orders him sent to jail while he awaits sex trafficking trial
Judge refuses to grant bail to Sean "Diddy" Combs, orders him sent to jail while he awaits sex trafficking trialYesterday -
NBC News - Top stories
Judge rules Trump Media breached stock contract with early investor
Trump Media breached an agreement with one of the investors that helped the company go public, and must grant the investor a larger share of its stock, a judge ruled.Yesterday - Donald Trump -
MarketWatch - Business
Oil prices end higher after exploding-pagers attack on Hezbollah members in Lebanon
Oil futures finished higher Tuesday, appearing to get a lift after pagers carried by Hezbollah operatives in Lebanon exploded around the same time in an apparent attack — raising fears of a broader ...Yesterday -
ABC News - Entertainment
Movie Review: Coon, Olsen and Lyonne await a father’s death in ‘His Three Daughters’
In “His Three Daughters,” sisters gather in their father's tiny apartment and wait for his deathYesterday -
MarketWatch - Business
2-, 10-year Treasury yields bounce off 2024 lows after August retail-sales data
Treasury yields rose slightly on Tuesday, but remained not far from their lowest closing levels in one or two years, after August’s retail-sales report pointed to a U.S. economy that remains stable.Yesterday -
CNBC - Business
Judge rules Trump Media breached stock contract with early investor
Donald Trump will soon be free to start selling his DJT shares, but the Republican presidential nominee recently said he will not do so.Yesterday - Donald Trump -
CNBC - Business
Op-ed: Here’s why a sale of Bausch + Lomb could lead to a windfall for Bausch Health investors
Hedge fund managers sit on the boards of Bausch Health and Bausch + Lomb. They don’t think like your typical corporate board, writes Ken Squire of 13D Monitor.Yesterday -
ABC News - Entertainment
Federal prosecutors say they will seek to have Sean "Diddy" Combs detained while he awaits sex trafficking trial
Federal prosecutors say they will seek to have Sean "Diddy" Combs detained while he awaits sex trafficking trialYesterday -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...2 days ago - Germany -
The Hill - Politics
Arrests at southern border rose slightly in August
Arrests at the southern border ticked up last month for the first time since the rollout of a new Biden administration policy limiting access to asylum. The Border Patrol made about 58,000 arrests ...2 days ago -
MarketWatch - Business
Investors should brace for lower stock-market returns over the next decade, JPMorgan warns
Millennials and Generation Z might not enjoy the robust returns from U.S. stocks that helped swell the retirement accounts of their parents and grandparents, according to a team of equity analysts ...2 days ago -
CNBC - Business
A push toward sustainable jet fuel is leaving investors with unanswered questions
"The truth is, it's going to be more expensive, you can't really sugarcoat that," one producer said.2 days ago -
Financial Times - Business
Vanguard experiment in shareholder democracy finds investors prefer to defer
Nearly half of participants in pilot programme allowed to vote their shares chose to let the asset manager do it for them2 days ago -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.2 days ago -
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VentureBeat - Tech
Forge hits 1 million players and reveals new set of Web3 investors
Forge, a platform for community-driven game marketing and engagement, has hit a million registered users and revealed new investors.2 days ago -
Financial Times - World
Why EV investors are tracking Taylor Swift and swing state polls
Investors are betting the US election outcome will have a big impact on sector stocks in Asia2 days ago -
CNBC - Business
Amazon is selling a ton of toilet paper and everyday items. Here’s why that’s a problem for investors
People are ordering more everyday items like paper towels on Amazon. That is hitting its top and bottom lines.2 days ago