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Latest Financial News
Fed Chair Warsh Says Inflation Fight Still Has ‘Work to Do’ as Rate-Hike Risk Stays Alive
Kevin Warsh stopped short of signaling an imminent move, but his Jackson Hole remarks kept further tightening in play as inflation remains well above the Fed’s 2% target.
Lyntris Completes Maryland Manufacturing Investment for Advanced Thermal Systems
Lyntris has finished a multi-year investment in phase change material manufacturing at its Jessup, Maryland operation, with production capacity for seeker, sensor and mission-electronics thermal hardware available in…
Moderna Prices Upsized $2.6 Billion Zero-Coupon Convertible Note Offering
Moderna increased its 2032 convertible-note sale from $2.0 billion to $2.6 billion, with net proceeds expected to support general corporate purposes after funding a $285 million capped-call hedge.
Treasury Moves to Cut Banque Misr UAE Off From U.S. Correspondent Banking
Treasury, acting through FinCEN, has proposed cutting Banque Misr UAE off from U.S. correspondent banking after saying the bank’s UAE branches processed about $1.8 billion for companies tied…
BLS Preliminary Benchmark Points to 79,000 Downward Revision in March Payroll Employment
The Bureau of Labor Statistics said its preliminary annual benchmark process points to a 79,000 downward revision in March 2026 payroll employment, with private jobs revised lower and…
Chicago Business Barometer Plunges to 47.1, Returning to Contraction
Chicago-area business activity slipped back below the neutral 50 level in August as new orders, production and order backlogs weakened sharply.
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