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Ole Miss Serves Umanmielen Court Papers Before LSU Showdown
LSU defensive end Princewill Umanmielen was served with court papers from Ole Miss's $950,000 breach-of-contract lawsuit in the parking lot outside LSU's football facility, just days before the Tigers
J.B. Hunt Stock Plunges 10% on Q3 Earnings Warning
J.B. Hunt shares dropped more than 10% on Wednesday after CFO Brad Delco warned at a Morgan Stanley conference that Q3 earnings will decline 5-10% due to growth-related hiring costs and record-high di
OpenAI investors have approached the company about a new funding round
OpenAI investors have approached the company with proposals for a new funding round — floating a $1.2 trillion valuation — though no formal discussions are currently underway, according to multiple so
NZ Super Fund warns of U.S. stock pullback after 14.2% return
The world's top-performing sovereign wealth fund, managed by the Guardians of New Zealand Superannuation, posted a 14.2% return but warns U.S. equity gains may slow as markets revert to long-term aver
Wall Street Falls as Fed Hikes Rates, Warns of More Tightening
Wall Street ended lower after the Federal Reserve raised interest rates and signaled more tightening ahead, with Fed official Warsh declaring inflation 'too high.'
Bizarre volatility bet in the options pits is a head scratcher ahead of Fed rate decision
An anonymous trader spent roughly $6 million on unusually deep in-the-money VIX puts on Tuesday — the biggest single options trade of the day — with expiries tied to the Fed's September rate decision
U.S. Fed hikes rates, defying Trump’s demands for a cut
The Federal Reserve raised its benchmark rate by a quarter point to about 3.9% on Wednesday—the first hike since 2023—defying President Trump's public demands for cuts, with Chair Kevin Warsh citing s
Deutsche Bank close to debuting crypto custody for institutions
Deutsche Bank is preparing to launch a regulated digital asset custody service for European institutional clients by the end of 2026, pending regulatory approval.
Zcash Up 6% as XRP Drops 7% Ahead of Fed Decision
Zcash rose nearly 6% to just above $1,200 as the only major crypto in the green, while XRP dropped more than 7% and Bitcoin slid under $76,000 ahead of Wednesday's Federal Reserve rate decision.
Ethiopia Cuts Bitcoin Miners' Power to 23% of Contracted Levels
Ethiopia's state-owned power utility has slashed electricity deliveries to Bitcoin miners from 75% to 23% of contracted levels, citing El Niño-driven dry conditions that reduced reservoir inflows by 2
Warsh Caught Between Rate Hike, Trump Cut Demands
Fed Chair Kevin Warsh is caught between rising expectations of a rate hike at the Fed's September meeting and President Trump's public demands for cuts.
Fed Expected to Raise Rates for First Time in 3 Years
The Federal Reserve is expected to raise its benchmark interest rate for the first time in three years, with bond traders pricing in the hike even as borrowing costs are already climbing.
10-Year Treasury Yield Nears 5% Ahead of Fed Decision
The yield on the 10-year Treasury note remains below 5% as investors brace for the Federal Reserve's upcoming interest rate decision, amid mixed interpretations of what the level signifies for markets
UK Inflation Jumps to 3.1% Five-Month High
UK inflation climbed to 3.1% on surging energy, petrol and diesel costs, reaching a five-month high and piling pressure on the Bank of England to raise interest rates this year.
Trump vs. Fed: Rate Hike Defies President's Cut Demand
Trump is publicly pushing for lower interest rates while the Federal Reserve appears poised to raise them, setting up a direct policy clash. A WSJ piece by Fed correspondent Nick Timiraos highlights t
CEA Chairman Warns Fed Rate Hike Would Be a Mistake
The Council of Economic Advisers Chairman publicly warned that raising rates would be a mistake for the Federal Reserve, joining a BlackRock strategist and Moody's Mark Zandi in opposing a hike.
Benchmark bond yield reaches highest level in nearly 20 years - The Hill
The 10-year Treasury yield has climbed to its highest level in nearly 20 years, hovering just below the 5% threshold as investors await a Federal Reserve policy decision.
US borrowing costs hit highest level since 2007 as oil prices jump - BBC
US 10-year Treasury yields climbed above 5% to their highest level since 2007, driven by a jump in oil prices and anticipation of a Federal Reserve rate decision, dragging stocks lower.
Rosenberg: One Fed Hike Isn't the Mistake, Five Would Be
Three named financial commentators — David Rosenberg, a BlackRock strategist, and Moody's Mark Zandi — are publicly warning against a Federal Reserve rate hike that Wall Street currently expects to be
FDs, Debt Funds Face Same Tax: What Decides
With bank FDs and debt mutual funds now both taxed at the investor's slab rate, choosing between them hinges on certainty needs, liquidity requirements, and tolerance for mark-to-market volatility rat
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