When OFAC Says No, Even Carlyle Walks Away From Lukoil
A $22 billion deal fell apart, and the Oct. 22 deadline is real
Federal Water Money Is Gone. Modular RO Plants Fill the Gap.
The IIJA fiscal-year rollover is accelerating a shift toward subscription-style water delivery.
Valero Is Up 44% Since June. Does China’s Diesel News Change Anything?
China’s October fuel exports look modest, but three other risks deserve equal attention ahead of Valero’s Oct. 22 earnings report.
UK Card Defaults Have Risen for Six Straight Quarters
A new Bank of England survey shows UK card defaults rising again
Consumer Confidence Is 2.8 Points From Its Record Low. The Number to Watch Is Not the Headline.
Michigan’s Oct. preliminary sentiment hits at 10:00am ET. With year-ahead inflation expectations at 4.6% and gas at $4.36 a gallon, the inflation figure matters more than the index.
The 10-Year Treasury Hit 5.365%. Here Is Where the Dow Goes Next.
Fed minutes signaled another hike could come this year. Now small caps, banks, and utilities face a reckoning at multi-decade yield highs.
Halozyme’s Patent Win Over Merck Changes Future Deals
A Dutch court order restricting Keytruda SC in eight markets boosts Halozyme’s leverage.
SEC Clears 3x Bitcoin Funds. BTC Near $84K Makes Timing Matter.
Volatility Shares won SEC approval for BITH and ETHK, but trading cannot start yet, and the entry price when it does will determine everything.
Cheaper Reinsurance in 2027 Could Lift Home and Auto Insurer Stocks
Autonomous and KBW see 10% to 15% property-cat rate cuts at Jan. 1 renewals, boosting primary insurers’ margins.
The Software Eating Cisco’s Lunch Has a Name: SONiC
Open-source networking is moving into enterprises, and legacy vendors are responding in SEC filings.