Latest financial and economic news and analysis
U.S. stocks rose Friday after July payroll data came in far weaker than expected, giving the Federal Reserve reason to hold off on raising interest rates next month.
Grayscale amended the agreement of its Ethereum ETF to make staking the default option for nearly all of its funds. The new contract requires that rewards be converted to cash and distributed to shareholders at least quarterly, though monthly payments are in the plans.
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec. -------- More on Bloomberg Television and Markets Like this video?
The past week saw massive moves in both directions for software stocks, as investors try to figure out which names are best insulated from artificial intelligence. Airtable, a one-time highflyer among cloud software startups, agreed to be acquired for about one-tenth of its peak valuation.
Bloomberg's David Gura, Mike McKee, and Zijia Song joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss the newly released US payrolls data, the politics around the Michigan Senate Primary race, and how investors are using AI to beat Wall Street.
Institutional adoption of Bitcoin could reshape global financial strategies, challenging traditional assets and influencing monetary policies. BlackRock CEO Larry Fink predicts Bitcoin could reach $700K.
Mateen purchased more than 306,000 shares across two days following the company's quarterly earnings, lifting his stake to more than 492,000 shares.
RXO, Inc. delivered strong Q2 '26 revenue growth, but profits and margins failed to improve, with gross profit declining and adjusted EBITDA flat. Most revenue gains stemmed from higher freight rates and fuel prices, not underlying business economics, while working capital needs and leverage increased. Management targets mid-single-digit EBITDA margins through the cycle, but current valuation implies ~20x normalized earnings, even under optimistic scenarios.
OpenAI is reportedly looking to launch the product in 2027, marketing it as an AI-first computer that can help users check things off their to-do lists throughout the day.
VANCOUVER, BC / ACCESS Newswire / August 7, 2026 / Noram Lithium Corp. ("Noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) has entered into a services agreement dated July 1, 2026 (the "Agreement"), with 1353656 BC Ltd. ("1353656").
ATLANTA, Aug. 7, 2026 /PRNewswire/ -- Haverty Furniture Companies, Inc. (NYSE: HVT and HVT.A) ("Havertys" or the "Company") today announced that its Board of Directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the Company at a rate of $0.33 per share on the common stock and $0.31 per share on the Class A common stock. The dividend is payable on September 9, 2026, to stockholders of record at the close of business on August 25, 2026.
Institutional Fund Begins Deploying Capital Across Decentralized Finance and Onchain Yield Strategies NEW YORK, Aug. 07, 2026 (GLOBE NEWSWIRE) -- Sharplink, Inc. (Nasdaq: SBET) and Galaxy Digital Inc. (Nasdaq: GLXY) today jointly announced the launch of the Galaxy Sharplink Onchain Yield Fund, LP (the “Fund”), a first-of-its-kind institutional investment vehicle designed to deploy capital into onchain yield strategies and identified investments. Managed by Galaxy, the Fund launches with $125 million in committed capital, including $100 million backed by Sharplink's staked ETH treasury and $25 million from Galaxy.
FARGO, N.D., Aug. 07, 2026 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended June 30, 2026.
MEMPHIS, Tenn., Aug. 7, 2026 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) is proud to announce it has been recognized on the Memphis Business Journal's Best Places to Work in Memphis list in the Large Companies category.
Century Casinos, Inc. (CNTY) Q2 2026 Earnings Call Transcript
