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Latest Financial News
U.S. Producer Inflation Was Flat in July as Annual PPI Slowed to 4.7%
Falling energy and food prices offset higher service costs in July, giving the Federal Reserve another softer inflation reading ahead of its September policy meeting.
Rocket Lab Reports Fresh Progress Toward Iridium Acquisition
The HSR waiting period has expired, Rocket Lab filed its S-4 and FCC transfer applications are on file as the company works to finance the roughly $8 billion…
Richmond Fed’s Tom Barkin Says Another Rate Hike Is Still an Open Question
Richmond Fed President Tom Barkin said it remains an open question whether the Federal Reserve will need to raise interest rates again to return inflation to its 2%…
Birkenstock Raises 2026 Sales Forecast as Full-Price Demand Stays Strong
Birkenstock now expects fiscal 2026 revenue to grow 15% in constant currency and adjusted EBITDA to reach at least €710 million after another quarter of strong full-price demand.
Ascendis Pharma Q2 Product Revenue Doubles as U.S. Drug Launch Advances
Ascendis Pharma’s second-quarter product revenue rose 105% to €315 million as YORVIPATH expanded and newly launched YUVIWEL began contributing U.S. sales.
Figure Technology Shares Give Up Early Jump After Q2 Revenue More Than Doubles
Figure Technology Solutions posted $225.6 million in second-quarter net revenue, up 113% from a year earlier, while an initial premarket rally faded after the opening bell.
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