Finance

Markets, economy, and industry.

  1. Economy

    CBO: U.S. Combat Operations Against Iran Cost About $38.1 Billion Through Aug. 1

    CBO estimates U.S. combat operations against Iran cost about $38.1B through Aug. 1, driven by munitions and flight hours; monthly costs may rise $2–3B.

    · #defense #cbo #iran #budget #pentagon

  2. Industry

    U.S. Navy Awards Boeing $562 Million First Production Contract for MQ-25A Stingray

    The Navy awarded Boeing a $562M contract for three MQ-25A unmanned tankers, beginning low-rate production with initial deliveries expected in 2029.

    · $BA #boeing #mq25 #navy #defense

  3. Industry

    Pratt & Whitney Grants Hermeus License to Produce F100 Fighter Engine

    Pratt & Whitney licensed its F100‑PW‑229 to Hermeus, allowing Hermeus to build the engine under P&W standards to boost U.S. capacity and speed Quarterhorse.

    · $RTX #defense #aerospace #manufacturing #hermeus #rtx

  4. Industry

    Cheniere Completes Final Train of Corpus Christi Stage 3, Making It U.S. No. 2 LNG Export Terminal

    Cheniere finished the final Stage 3 midscale train at its Corpus Christi LNG terminal, lifting nominal capacity to 3.1 Bcf/d and making it the U.S. No. 2.

    · $LNG #energy #lng #cheniere #corpuschristi

  5. Financial Markets

    BlackRock’s ETHB Tops $1 Billion, Highlighting Rise of Staking-Enabled Ether ETFs

    BlackRock’s ETHB surpassed $1B AUM; tracker data show about $251.4M of ETH bought over 20 trading days, highlighting staking-enabled Ether ETFs.

    · $ETHB #blackrock #ethereum #etf #staking

  6. Industry

    GAO: FAA’s Air-Traffic Modernization Lacks Full Cost Estimate and Master Schedule

    GAO says the FAA's BNATCS modernization is moving quickly but lacks a comprehensive lifecycle cost estimate and an integrated Phase 1 schedule.

    · #faa #gaoreport #airtraffic #aviation #modernization

  7. Industry

    Upper Tribunal Upholds Ban on Hedge‑fund Founder Crispin Odey, Cuts Fine to £1.53m

    Upper Tribunal backs FCA finding that Crispin Odey 'lacked integrity', upholds his ban from UK financial services and reduces the penalty to £1.53m.

    · #uk #finance #hedgefunds #regulation

  8. Financial Markets

    USDA trims 2026/27 U.S. corn forecast, raises farm price outlook for corn and soybeans

    USDA's September WASDE trims 2026/27 U.S. corn supply, cuts ending stocks and raises farm prices for corn and soybeans, while global wheat supplies grow.

    · #corn #soybeans #wheat #agriculture

  9. Industry

    PIF Weighs Folding EA Into Savvy Games as Saudi Fund Builds Gaming Portfolio

    Saudi Arabia’s sovereign wealth fund is reportedly considering moving Electronic Arts under its Savvy Games unit as it scales gaming assets.

    · $EA #pif #electronicarts #savvygames #gaming #mergers

  10. Economy

    ECB Raises Key Rates by 25 Basis Points, Warns Inflation Will Stay Above Target for Years

    ECB raised its three key rates by 25 basis points, projecting inflation above 2% through 2028 while euro-area growth remains weak.

    · #eurozone #ecb #interestrates #inflation

  11. Industry

    SEC Takes First Formal Step to Rescind Rule 14a-8, Potentially Shifting Shareholder-Proposal Power to States

    The SEC sent a draft to the White House to rescind Rule 14a-8, which could move oversight of shareholder proposals from a federal standard to state laws.

    · #sec #shareholderproposals #corporategovernance #rule14a8

  12. Industry

    Nearly 1,900 Blizzard Workers Ratify First Union Contracts with Microsoft

    On Sept. 9 nearly 1,900 Blizzard employees ratified contracts with Microsoft, winning pay raises, layoff protections, AI bargaining and a three-day hybrid week.

    · $MSFT #blizzard #microsoft #union #videogames #cwa

  13. Industry

    Verizon, Corning sign multibillion-dollar deal to lock in 80+ million miles of fiber through 2032

    Verizon agreed a multibillion-dollar deal with Corning to reserve 80+ million miles of optical fiber for broadband and AI backbone networks through 2032.

    · $VZ $GLW #verizon #corning #fiber #broadband #ai

  14. Financial Markets

    Boston Scientific Says Cybersecurity Incident Likely Material, Will Miss 2026 Guidance

    Boston Scientific says an Aug. cyber incident is likely material, disrupted global manufacturing and shipments and makes meeting 2026 sales and EPS guidance unlikely.

    · $BSX #bostonscientific #cybersecurity #medicaldevices #earnings

  15. Industry

    Orionx begins permanent closure after audit finds more than $7 million missing

    Chile's Orionx said Sept. 3 it is closing after a forensic audit found $7M+ in customer assets moved to external wallets; withdrawals suspended.

    · #cryptocurrency #chile #fintech #orionx

  16. Financial Markets

    Unknown Wallets Move 7,656 BTC — About $612 Million, Whale Alert Shows

    A single on-chain transfer of 7,656 BTC (about $612 million) moved between two unlabeled wallets, Whale Alert reported.

    · #bitcoin #cryptocurrency #whalealert #blockchain

  17. Industry

    Washington Regulators Seek to Revoke CoinFlip License, Impose $1.03M Fine Over Alleged AML, Consumer-Protection Failures

    Washington’s DFI charged CoinFlip with anti-money-laundering and consumer-protection failures, seeking license revocation, refunds and a $1.03M fine.

    · #crypto #regulation #coinflip #consumerprotection

  18. Industry

    SEC Proposes Rescinding 2010 'Pay‑to‑Play' Rule for Investment Advisers

    The SEC proposed rescinding its 2010 'pay‑to‑play' rule barring advisers from paid government work after certain political donations; public comment is open.

    · #sec #regulation #investmentadvisers #paytoplay

  19. Financial Markets

    Sept. 2: 1,992 BTC Transferred From Wallet Labeled ‘Coinbase Institutional’ Amid Cluster of Large Transfers

    On Sept. 2 a wallet tagged 'Coinbase Institutional' moved 1,992 BTC (~$154M), one of several large same-day Coinbase-linked transfers.

    · #crypto #bitcoin #coinbase #blockchain