Author: Global Macro News Desk

Societe Generale believes the Federal Reserve could begin a new rate-hike cycle as soon as this month, while investors are also confronting a sharp escalation in Middle East tensions following major U.S. strikes near the Strait of Hormuz. SocGen strategist Jan Groen expects the Fed could raise rates by 25 basis points in September and again in December, with a third increase potentially following in March. The forecast comes after Federal Reserve Chair Kevin Warsh adopted a more hawkish tone on inflation, increasing expectations that policymakers may be prepared to tighten monetary policy again if price pressures remain elevated. SocGen…

LongRange Capital completed its acquisition of Pizza Hut outside Mainland China, concluding Yum Brands’ two-part $2.7 billion divestiture of the chain.

Fervo and Google signed a 396 MW geothermal power agreement tied to a potential Utah data center, with an option that could lift offtake to nearly…

Scott Bessent said the Strait of Hormuz could lose strategic importance within two years as new pipelines reduce reliance on the key energy route.

NOVONIX’s Riverside synthetic graphite project was selected for a South Korea-U.S. initiative connecting major U.S. projects with Korean investors…

Fed Governor Michael Barr said interest rates may need to rise decisively if inflation fails to cool sufficiently toward the central bank’s 2% target.

The White House said nine additional pharmaceutical manufacturers agreed to MFN drug pricing, extending the administration’s agreements to 26…

The SAIC earnings filing with the SEC includes tables covering profitability, cash flow, balance-sheet items and segment measures for periods ending…

Champion Safe backlog stood at a company-reported record $3.9 million in open orders as the manufacturer steps up production and dealer…

FirstCash credit facility commitments were increased to $1.055 billion and the maturity was extended by two years to August 2031.