Goldman Sachs' retail stock basket falls 12% this month Goldman Sachs' basket of retail favorite stocks has declined 12% this month through yesterday. This would mark the worst monthly performance since April 2022. The decline follows a couple of strong mon
XAU/USD gains 0.92% as Middle East conflict fuels inflation concerns, raising odds of Federal Reserve tightening. Gold prices climbed 0.92% to $4,013 as escalating US-Iran tensions drove energy costs higher, stoking inflation fears. The metal hit a daily low of $3,959 befo
Traders now assign a 32% chance of the crypto bill passing by year-end, down 30 percentage points since January. Polymarket traders have slashed the odds of the Clarity Act passing this year to 32%, the lowest since the market launched in January. The decline reflects stal
WTI crude surges to $82.48 after Iran targets vessel in Strait of Hormuz, lifting crack spreads to record $70 per barrel. Iran’s Revolutionary Guard struck a ship attempting to pass through the Strait of Hormuz after ignoring warnings, escalating Middle East tensions. The
June data shows single-family starts fell 0.2% to 895,000 units, with permits dropping 2.4% amid high mortgage rates and oversupply. U.S. single-family housing starts declined 0.2% in June to a seasonally adjusted annual rate of 895,000 units, marking a third consecutive m
Trump Media seeks to monetize real-time access to Truth Social posts from high-profile accounts, targeting financial firms. Trump Media & Technology Group has discussed charging up to $100,000 per month for expedited access to posts from influential accounts on its Truth S
July 17 Donald Trump's social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the U.S. president's posts on his Truth Social platform, the Financial Times reported on Friday. Trump Media & Technology Group did not
The Trump administration notified Israel it is sending dozens more refueling planes to the country ahead of a potential expansion of military operations against Iran, according to Axios. The report says Trump is considering a massive offensive in Iran It says that a
Long-term contract rates businesses pay to move air freight are expected to rise 5% to 15% this year, instead of retreating, because the resumption of hostilities between Iran and the United States is once again reducing airline capacity through the critical Middle East... <p
Companies are investing in adaptable automation systems over fully robotic warehouses to navigate supply chain pressures and economic uncertainty. Logistics operators are allocating significant capital to automation, with global investments rising this year. The focus has
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