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Category: Finance News

Copper jumps to its highest level ever. What the metal is telling us

Once a reliable gauge if economic health, “Dr. Copper” may be giving complicated signals this year.

Published 7 August 2026
Categorised as Finance News

The July jobs numbers are due out Friday. Here’s what to expect

Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.

Published 7 August 2026
Categorised as Finance News

The July jobs numbers are due out Friday. Here’s what to expect

Nonfarm payrolls are expected to post a gain of just 83,000 with an unchanged unemployment rate at 4.2%.

Published 7 August 2026
Categorised as Finance News

United Wholesale Mortgage plunges 40% after suspending dividend and raising capital

“We’re taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come,” CEO Mat Ishbia said in a statement.

Published 7 August 2026
Categorised as Finance News

Traders on Kalshi now think it’s likely that the S&P 500 will hit 8,000 in 2026

The rise in odds come after the broad index hit record highs in a more than 5% four-day rally that ended Wednesday.

Published 7 August 2026
Categorised as Finance News

Megayacht Amadea sold for $187 million to Dubai billionaire with Trump ties

The sale of the Amadea caps a turbulent and controversial history for the 348-foot yacht, which was seized from a sanctioned Russian oligarch.

Published 6 August 2026
Categorised as Finance News

Superyacht ‘Amadea’ sold for $187 million: Here’s what to know

CNBC’s Robert Frank joins ‘Squawk Box’ with more on the sale of a seized Russian superyacht.

Published 6 August 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Zillow, Peloton, Sandisk, Moderna & more

These are the stocks posting the largest moves in the premarket.

Published 6 August 2026
Categorised as Finance News

Fed Governor Cook says she’s ‘prepared to act’ on rate hike to address inflation

Cook was part of a 9-3 majority that voted last week to keep the central bank’s benchmark borrowing rate in a range between 3.5%-3.75%.

Published 6 August 2026
Categorised as Finance News

As Warsh and the Fed contemplate fewer meetings, markets brace for potential volatility ahead

Since taking office in May, Warsh has implemented several measures that reverse decades of Fed culture.

Published 6 August 2026
Categorised as Finance News

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