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Latest news from around the World.
A Venezuela oil deal would supplement Canada spat, expert says
Former Deputy National Security advisor Victoria Coates discusses reports that the U.S. is nearing a long-term Venezuela oil deal on ‘The Bottom Line.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #thebottomline #victoriacoates #coates #venezuela #oil #energy #canada #politics #political #politicalnews #government #foreignpolicy #geopolitics #markets #energysecurity
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Jackson Hole analyst roundup: Warsh's speech sends hike chances higher, may put Fed `at odds' with Treasury
Deutsche Bank continues to expect the Fed to hike 50 basis points this year, with increases at the September and December meetings. Traders of fed funds futures now see a nearly 56% chance of a quarter-point hike in September, according to the CME's FedWatch tool.
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China's three biggest airlines post heavy first-half losses as fuel shock bites
China's three biggest state-owned airlines reported first-half losses for the seventh consecutive year, battered by surging jet fuel prices, with the outlook for the rest of the year clouded by a lacklustre summer season.
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Tech Rallies In September, I'm Adding Software And Chip Stocks
Nvidia (NVDA) delivered strong earnings and rare, aggressive forward guidance, signaling management's intent to support the share price and driving renewed bullish sentiment. Recent clearing events—NVDA earnings, Jackson Hole, MRVL results, and enterprise software beats—set the stage for further market gains into mid-September.
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Yen Caught Between Top U.S. Officials' Remarks
The yen is under renewed pressure amid fresh expectations of Federal Reserve monetary tightening.
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China's factory activity shrinks for second straight month, contracting less than expected
China's manufacturing activity shrank for a second straight month, though by less than economists forecast in August. The official PMI edged up to 49.8 in August, better than Reuters-polled economists' forecast of 49.6.
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Corporate America's Profits Are Booming—and Signal More Good Times Ahead
Tariff refunds and the ever-resilient U.S. consumer are fueling the heftiest rise in big-company profits in years
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The Sudden Unraveling of Wall Street's Momentum Trade
The “self-fulfilling prophecy” of betting on rising winners has suddenly turned into a losing game for investors who banked on its success.
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Oil rises over 1% after U.S. forces strike two Iranian rocket launchers on Larak Island
Oil prices rose more than 1% in early Asian trading on Monday. Concerns over supply disruptions were heightened after U.S. forces struck two Iranian rocket launchers on Larak Island on Sunday.
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Asian Currencies Consolidate; May Weaken on Growing Fed Rate-Hike Prospects
Asian currencies consolidated against the dollar, but may weaken on growing prospects of Fed rate hikes.
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Nikkei Falls 2.2%, Dragged by Chip Stocks
Japanese stocks declined after Fed Chair Kevin Warsh's speech on Friday increased prospects for U.S. rate increases.
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Bessent expects new US secondary sanctions weekly, aiming to increase pressure on Iran
The U.S. Treasury Department is likely to unveil weekly new secondary sanctions aimed at increasing economic pressure on Iran, with an initial focus on banks, U.S. Treasury Secretary Scott Bessent told Reuters on Sunday.
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Dormant Crypto Wallets Begin Moving Millions in Bitcoin
Bitcoin wallets that had laid dormant for more than a decade are being revived. Six wallets that were last active between 2011 and 2014 moved around $40 million in the cryptocurrency between Aug. 16 and Aug. 26, CoinDesk reported Sunday (Aug. 30), citing data from Galaxy Research.
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U.S. stock futures flat as chances of rate hike rise after Warsh's Jackson Hole comments
U.S. stock-index futures were little changed on Sunday, as investors ponder the likelihood of a fresh interest-rate hike and look ahead to fresh labor data and tech earnings this week.
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Oil jumps more than 2% after US attack on Iran's Larak island
Oil prices jumped more than 2% on Monday, with Brent back above $90 a barrel, after U.S. forces struck two Iranian launchers on Iran's Larak island in the Strait of Hormuz on Sunday, the first known American strikes on the Gulf nation since late July.
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Trump urges Canadian companies to immediately move to US, says ‘I don't want Canadian anything'
Trump says Canada has been “ripping" the U.S. off for decades as he defends tariffs and urges Canadian companies to move operations south of the border.
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AI Buildout Reaches $1.5T in Leases: Risks Behind Massive Obligation from Big Tech
The AI buildout comes with about $1.5 trillion in lease obligations, according to Mona Dajani, who discusses how these numbers can shift if the AI outlook takes a sudden turn. She believes the AI race will only accelerate, though it's important to keep certain risks in mind as hyperscalers and other companies write contracts for their own data centers.
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Futures Set to Trade Ahead of Jobs Data, Tech Earnings
This week features earnings from Nvidia rival Broadcom plus reports from Dell and Hewlett Packard Enterprise.
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Acushnet Holdings: Great Potential As Golf Fever Rises, But Not Great Enough For An Upgrade
Acushnet Holdings Corp. continues to deliver strong operational performance, with Q2 revenue up 13.8% and net income surging to $124.8 million. Management raised 2026 guidance, now expecting $2.65–$2.675 billion in revenue and $450–$470 million EBITDA, reflecting robust industry demand and successful product innovation. Despite sector strength and improved profitability, GOLF remains fairly valued or expensive versus peers on most valuation metrics, limiting upside potential.
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Perpetua: Strong Governmental And Market Support Indicate Considerable Future Upside
Perpetua Resources is buoyed by strong financial and political tailwinds as a result of its double gold antimony basket. The EXIM funding proposal has now been approved unanimously by the EXIM board, giving the company enough funding to build its Stibnite Gold Mine on favorable funding terms. The investment profile relies on the accuracy of gold price forecasts and assumes continued political support for critical mineral security, and failure of either are key points of potential vulnerability.
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