Roubens Andy King

Trading

Inflation shocker blows apart expectations for huge Fed rate cuts

A hotter-than-expected spike in wholesale inflation is throwing buckets of ice water on the frothy expectation of a big, beautiful Federal Reserve interest rate cut next month. Treasury Secretary Scott…

Tech

Supreme Court opens door to social media age-gating in US

The Supreme Court will let Mississippi’s social media age verification law take effect while the case is being argued in court. In an unsigned ruling on Thursday, the court declined…

Business

Where do millionaires keep their money?

The word millionaire can mean different things to different people. To some, it means owning assets worth at least $1 million. To others, it means earning over $1 million per year.…

Invest News

T-bill yield falls to 1.59% as demand rebounds

What happened? If you've been eyeing Singapore T-bills as a place to generate passive income, the latest numbers might be disappointing. The cut off yield for the 6-month Singapore T-bill (BS25116A)…

Investing

Fed rate cut hopes, crypto rally stalls: Market takeaways

00:00 Speaker A The market rallying stalling after new data showing wholesale prices rising higher than expected in July. For that and other trading day takeaways. Let's bring in our…

Finance Expert

Market Update: WYNN, ABNB

Trading

Robinhood is now offering Gold Card holders a ludicrous upgrade option they've been begging to have

When Robinhood (HOOD) launched its 3% cash back Gold Credit Card, it sent shockwaves through the credit card industry. Not just because 3% cash back on all purchases is unheard…

Tech

An internal Meta AI document said chatbots could have ‘sensual’ conversations with children

A Meta document on its AI chatbot policies included some alarming examples of permitted behavior. Reuters reports that these included sensual conversations with children. Another example said it was acceptable…

Business

A gem in the right hands

(The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.) In 2022, FedEx created a unit called Dataworks…

Hudbay Secures US0 Million Mitsubishi Partnership for Arizona Copper Project

Invest News

Hudbay Secures US$600 Million Mitsubishi Partnership for Arizona Copper Project

Hudbay Minerals (TSX:HBM,NYSE:HBM) has struck a US$600 million deal with automobile giant Mitsubishi (TSE:8058) for a 30 percent stake in its Copper World project in Arizona, marking one of the…