Articles

The royal family’s Crown Estate posts record profits of $1.4 billion

The royal family’s $18 billion portfolio of assets generate bumper returns from a surge in one-off fees from wind farm developers

You don’t need to give up gains to pursue an ESG strategy in the stock market

When investors are told that “ESG” is part of a fund manager’s strategy, they might expect to give up some potential gains while focusing on companies making efforts to comply with a set of standards for environmental, social or corporate governance factors.

Oil prices climb as U.S. data show crude supplies down a fourth straight week

Oil futures climbed Wednesday, with U.S. benchmark prices looking to score their first gain in five sessions, after official U.S. data revealed a drop in U.S. crude inventories for a fourth week in a row.

German bond yields dive as eurozone economy stalls

German government bond yields fell sharply on Wednesday, after surveys showed activity in the eurozone all but stalled this month as the bloc’s biggest economy contracted.

Will the stock market’s ‘Great Rotation’ continue? These 3 things could decide its fate

The Great Rotation has turned the market on its head. But does the trend have legs? Or is it only a matter of time before Big Tech reasserts its dominance?

New-home sales fall to seven-month low in June as affordability remains strained

New home sales dipped in June, falling to the lowest level since November 2023.

Lamb Weston’s stock dives as fewer people go to restaurants, buy frozen potatoes

Shares of Lamb Weston Holdings Inc. plunged toward a record selloff Wednesday, after the frozen potato seller missed fiscal fourth-quarter profit expectations by a wide margin, citing a global slowdown in restaurant traffic.

U.S. economy shakes off summer heat and expands faster, S&P finds

The U.S. grew faster in July, a pair of S&P surveys found, in a sign the economy is still holding up well despite high interest rates and lingering inflation.

If Fed cuts rates the dollar will fall? History shows it’s never so simple.

Once the Federal Reserve begins cutting interest rates, the U.S. dollar will surely fall and begin a downtrend, right? Alas, it’s never so simple.

Delta’s IT outage-related woes are costing airline $350 million and counting, analysts say

The IT outage caused by a CrowdStrike patch that led Delta Air Lines Inc. to cancel some 6,700 flights since Friday will cost the airline $350 million and shave 200 basis points off operating margins.

AMC’s debt restructuring bodes well for box-office recovery, says Benchmark

AMC Entertainment Holdings Inc.’s debt restructuring this week puts the movie-theater chain and original meme stock in a good position for an expected box-office rebound, according to Benchmark.

Sage Therapeutics’ stock dives as failed trial hits Biogen collaboration

Shares of Sage Therapeutics Inc. fell more than 18% premarket on Wednesday after a failed trial dealt a blow to the company’s collaboration with Biogen Inc.
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