Author: Global Macro News Desk

Cabot says a modified $50 million DOE grant will support battery-materials expansion in Louisiana and Texas alongside roughly $75 million of company…

U.S. housing starts declined 2.6% in August to a seasonally adjusted annual rate of 1.275 million, adding to signs of construction pressure.

National Fuel expects to complete its evaluation by October 15 of a potential split into a regulated utility and a separate upstream business.

The SEC introduced temporary, conditional relief for certain venues trading tokenized U.S. listed stocks and requested feedback on the framework.

Amazon is lifting starting pay for full-time U.S. core operations roles to $20 an hour and adding banking and grocery benefits for employees.

NVIDIA, Google and Emerald AI launched an alliance to promote data centers that adjust electricity use when power grids are under stress.

Fed interest rate decision is now released: 25 bp hike. Related reading Kevin Warsh Attends His First FOMC Meeting: Fed Interest Rate Decision Tomorrow What the Fed Interest Rate Decision Means for Markets Investors will compare the decision with expectations and assess the Committee’s language on the path of inflation and employment. Treasury yields, the dollar and stocks may react not only to the rate change itself, but also to what the statement implies about future meetings. The Fed’s official FOMC meeting page is the primary source for the statement and related materials. The September meeting also includes an updated…

Official EIA data showed a modest 600,000-barrel U.S. crude draw, while gasoline and distillate stocks increased in the week ended September 11.

The NAHB/Wells Fargo housing market index fell to 32 in September from 35 in August, signaling renewed pressure on new-home builders.

U.S. retail and food services sales rose 1.2% in August to $773.9 billion, adding evidence of resilient consumer demand before the Fed decision.