Industries

Inflation & Prices

Fed’s ‘Goldilocks’ Economic Strategy Disintegrating amid Hormuz Strikes

Photo via Chen Mengtong/China News Service/VCG/Newscom

Markets are pricing in practically no chance of a rate cut when officials meet later this month, according to the CME Fedwatch.

2 min read

Photo via Dinendra Haria/ZUMA Press/Newscom

Consumer

Qatari Fund Cooks Up a Premium Papa Johns Bid

Papa Johns said last month it’ll close more than 300 stores by the end of next year, following declining sales over the past two years.

1 min read
Photo via Efren Landaos/Sipa USA/Newscom

Consumer

Lego Builds Record Sales by Adapting to Tariffs

The Danish toy giant also continues to benefit from the growing number of nostalgic adults buying their products.

2 min read
Photo by Raymond Kotewicz via Unsplash

Energy

Wall Street Snubs Big Oil Stocks amid Crude Price Runup

Some traders see a possible parallel to the spike and subsequent crash in oil prices in 2008 if the war drags on and threatens supplies.

2 min read

Markets

Markets Brace for 10% Correction Without ‘Defined Off-Ramp’ from US-Iran War

Photo via JOHN ANGELILLO/UPI/Newscom

The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.

2 min read

Industrials

Iran War Ignites US Demand for Cheaper Drone Defense Systems

Photo via Marine Corps Sgt. Calah Thompson

Last month, the Pentagon invited 25 drone manufacturers to participate in a competition to win a $150 million prototype order.

2 min read

Consumer

Wall Street Buys into Target’s Turnaround Plan

Photo by Zoshua Colah via Unsplash

Shares in stagnant retailer Target surged as executives pitched investors on a turnaround plan that includes $5 billion in capital spending.

2 min read

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