Finance

Markets, economy, and industry.

  1. Industry

    Ottawa Pledges $10 Billion to Back Nearly $70 Billion Clean Power Buildout in Labrador and Quebec

    Ottawa will provide $10B to support a nearly $70B clean-energy package centered on Churchill Falls, Gull Island, Labrador wind and transmission.

    · #canada #cleanenergy #hydro #labrador

  2. Industry

    Flock Safety cuts default license-plate data retention to seven days, adds 'Evidence Mode' and new search limits

    Flock Safety will cut default ALPR data retention from 30 to seven days, add Evidence Mode and mandatory misuse detection — but existing customers keep prior settings.

    · #flock #alpr #surveillance #privacy

  3. Financial Markets

    USDA’s August WASDE: Near-Record U.S. Corn Crop but Tighter Corn and Wheat Supplies

    USDA's August WASDE projects a near-record U.S. corn harvest for 2026-27 but tightens corn and wheat supplies and lifts farm-price forecasts.

    · #agriculture #corn #wheat #wasde #commodities

  4. Industry

    Home Depot CEO Ted Decker to Take Temporary Medical Leave; Leadership Split Announced

    Home Depot said CEO Ted Decker is taking a temporary medical leave; Ann-Marie Campbell and CFO Richard McPhail will share interim leadership while Decker recovers.

    · $HD #homedepot #ceo #governance #retail #management

  5. Economy

    U.S. Consumer Inflation Rises 0.1% in July; Shelter Costs Account for Most of Gain

    Headline CPI rose 0.1% in July (3.4% y/y); core CPI up 0.2%. Shelter costs accounted for roughly two‑thirds of the monthly increase as energy fell.

    · #inflation #cpi #federalreserve #consumerprices

  6. Financial Markets

    CFTC uses emergency powers to keep Kalshi exchange operating amid New York suit

    The CFTC invoked emergency authority to keep Kalshi operating under federal derivatives rules while New York pursues a lawsuit alleging the exchange is illegal gambling.

    · #cftc #kalshi #derivatives #regulation

  7. Economy

    RBA Holds Cash Rate at 4.35% and Warns Further Hikes Remain Possible

    Reserve Bank of Australia kept the cash rate at 4.35% on Aug. 11, stressing the pause is not easing and warning it may raise rates if inflation risks rise.

    · #australia #rba #interest-rates #inflation

  8. Industry

    Archer to Acquire Wisk, Insitu and SkyGrid from Boeing; Boeing to Take Stake

    Archer will buy Boeing’s Wisk, Insitu and SkyGrid to add autonomy, defense drones and airspace software while Boeing takes an equity stake.

    · $ACHR $BA #archer #boeing #aviation #defense

  9. Financial Markets

    2,000 Bitcoin (~$130M) Transferred to Wallet Labeled Binance

    2,000 bitcoin (~$129.8M) moved from an unknown wallet to an address labeled Binance on Aug. 10. Exchange inflows can signal sales or routine custody moves.

    · #cryptocurrency #bitcoin #binance #blockchain

  10. Financial Markets

    Deribit wallet labels show $146M USDC move was internal, not to 'unknown' address

    Whale Alert flagged a $146.18M USDC transfer from Deribit to an “unknown wallet,” but Deribit’s published wallet list shows both addresses belong to the exchange.

    · #crypto #deribit #stablecoin #usdc #whalealert

  11. Economy

    July Jobs Report: U.S. Payrolls Fell 23,000 as BLS Revises Prior Months Down 103,000

    BLS: nonfarm payrolls fell 23,000 in July, unemployment 4.1%. May-June payrolls were revised down 103,000, signaling softer U.S. hiring.

    · #jobs #unemployment #labor-market #bls

  12. Industry

    Trump Imposes Minimum Import Prices and New Duties on Polysilicon and Solar Products

    Trump invokes national-security trade powers to set minimum import prices and duties on polysilicon and solar products and launches an onshoring incentive program effective Dec. 4.

    · #trade #tariffs #solar #polysilicon

  13. Industry

    Amazon Pharmacy to Deliver GLP-1 Weight-Loss Drugs to Medicare Beneficiaries at $50 Monthly Copay

    Amazon Pharmacy will deliver certain GLP1 weight-loss medicines to eligible Medicare beneficiaries for a $50 monthly copay under the Medicare GLP-1 Bridge demonstration.

    · #amazon #medicare #glp1 #pharmacy

  14. Industry

    Allegiant Pilots Ratify Contract, Win Immediate 40% Average Hourly Pay Hike and $300M in Retention Bonuses

    Allegiant pilots ratified a two-year deal that delivers an immediate average 40% hourly pay increase, unlocks about $300M in retention bonuses and expands benefits.

    · $ALGT #allegiant #pilots #teamsters #labor

  15. Industry

    SEC Creates Financial Reporting and Accounting Unit to Target Accounting Fraud

    On Aug. 5 the SEC announced a new Enforcement Division Financial Reporting and Accounting Unit, led by Timothy Zimmerman, to pursue accounting and reporting fraud.

    · #sec #accounting #enforcement #securities #fraud

  16. Industry

    EA Taken Private in $55 Billion Buyout Led by Saudi Public Investment Fund

    A Saudi-led consortium completed a $55 billion acquisition of Electronic Arts, taking the publisher private and delisting EA from Nasdaq.

    · $EA #ea #gaming #acquisition #pif

  17. Economy

    BOJ minutes show 7-1 vote approved June rate rise; lone dissent flagged Middle East risks

    BOJ minutes show a 7-1 vote approving the June rate rise to 1.0%, with one dissent citing Middle East risks and debate over bond-buying taper.

    · #boj #bankofjapan #interestrates #monetarypolicy

  18. Financial Markets

    Senate Memo Says Trump-Linked $TRUMP Meme Coin Lost 97% of Value, Leaving About 1 Million Holders 'Nearly Wiped Out'

    A July 27 Senate minority memo says the Trump-linked $TRUMP meme coin plunged about 97% since launch, leaving roughly 1 million holders with steep losses.

    · #crypto #trump #senate #sec

  19. Industry

    Pfizer Raises 2026 Revenue Midpoint as Non-COVID Drugs Offset Pandemic Drag

    Pfizer lifted the midpoint of its 2026 revenue forecast after stronger-than-expected sales from non-COVID drugs, despite a GAAP loss from write-downs.

    · $PFE #pfizer #pharmaceuticals #earnings #covid