US manufacturing profits rose sharply to $359.4 billion in the second quarter while sales climbed to more than $2.32 trillion.
Author: Global Macro News Desk
Global Macro News Desk
Global Macro News Desk covers global economy, financial markets, central banks, geopolitics, energy, and macro risk. The desk focuses on clear, context-driven reporting and analysis for readers following the forces shaping global markets. [email protected]
US consumer credit expanded at a 4.2% annual rate in July as growth in nonrevolving balances accelerated, Federal Reserve data showed.
The Amazon AI chip deal brings Qualcomm into custom data center silicon, with purchase milestones potentially reaching $60 billion.
Apple unveiled the iPhone 18 Pro with its 2nm A20 Pro chip and introduced the foldable iPhone Duo during its latest product event.
The Iran tanker threat directed at vessels near Kuwait and Bahrain raises a fresh risk to Gulf shipping after reported U.S. strikes.
China inflation accelerated in August as consumer prices rose 0.8% and producer prices climbed 3.8%, led by higher energy costs.
Iran aviation sanctions now cover 36 additional targets as Washington widens restrictions on airlines, intermediaries and procurement routes.
UK Iran sanctions are expanding across finance, energy, metals, shipping and aviation under legislation presented to Parliament.
The Target Hospitality secondary offering was increased to 14 million shares at $18.50, alongside a planned $30 million company repurchase.
The Ingram Micro secondary offering covers 13.125 million shares sold by a Platinum Equity affiliate, with no proceeds going to the company.