JP Morgan warns rebound in UK inflation is ‘warning shot for what could come next’; oil prices rise again – business live
Inflation rebound driven by biggest jump in gas bills since October 2022; Asian shares slump after Wall Street chip sell-off
Finance & markets
Lowe's gives muted outlook as it sees 'pressure' in home improvement spending
Lowe's on Wednesday reported mixed quarterly results as the home improvement retailer said it saw "pressure" in spending on projects.
Bull of the Day: Valero Energy (VLO)
Few large-cap stocks offer a more direct way to capitalize on today’s powerful transportation-fuel margins than Valero Energy VLO).
Zelenskyy faces challenge to his wartime rule as former defense chief calls for election
Ukraine's former defense chief Mykhailo Fedorov has called for wartime elections in what many see as the most direct political challenge to President Volodymyr Zelenskyy since Russia launched its full-scale invasion nea…
Shares in humanoid robot firm Unitree surge 600% on Chinese stock market debut
Unitree, the world’s biggest humanoid robot maker, has made a spectacular entry on to China’s stock market, with its shares surging by more than 600%.
Bear of the Day: Coinbase Global (COIN)
Coinbase Global COIN) has spent the past several years establishing itself as one of the dominant gateways to the cryptocurrency economy. The company continues to expand beyond traditional spot crypto trading, with grow…
Earnings call transcript: Southern Cross Electrical posts record FY 2026 profit
The Southern Cross Electrical Engineering Ltd (ASX: SXE) share price is in focus after the company reported a 40.5% increase in underlying EBITDA to $77 million and a record final dividend, despite a dip in reported rev…
Trump holds off on new 50% tariffs for Canadian goods
Trade experts say if new U.S. tariffs of up to 50 per cent are enacted on Wednesday, consumers in Canada will likely feel the impact as cost increases for goods crossing the border ripple through the economy.
Cerebras’s stock has been a post-IPO bust. Its comeback hinges on this new chip.
How Morningstar’s Retirement Advice Stacks Up Against the 4% Rule Our conservative approach has held up well since 2022, while retirees who started with the 4% rule have lower odds of success. Amy C. Arnott, CFA
Asian stocks slump as chip selloff deepens; KOSPI plunges 5%
The U.S. dollar strengthened alongside bond yields as investors increased expectations of another interest rate hike by the Federal Reserve. The move comes a day before Chair Kevin Warsh is scheduled to testify before C…
Soybeans Slips off Highs into Tuesday’s Close
Soybeans fell from the intraday highs on Tuesday, with contracts closing fractionally to 6 cents higher, as September was down ¼ cent. The cmdtyView national average Cash Bean price was up 1 cent at $11.76. Soymeal futu…
California AG Bonta says case against Meta is about 'restitution and distortion,' not damages
Following the first day of arguments in a high-stakes child safety case against Meta, California Attorney General Rob Bonta said Tuesday that the trial centers around "civil penalties, restitution and distortion," and i…
China’s backflipping robot maker Unitree pops 542% in Shanghai debut
Unitree Robotics shares rose 542% in early trading Wednesday as the Chinese humanoid robot maker made its stock market debut in Shanghai.
What Chinese liquor maker Moutai's slump says about the country's economy
BEIJING — Walk down most streets in China and you'll find a liquor store advertising premium spirits brand Moutai, along with posters of resale prices by vintage year.
Stocks Retreat as Global Bond Yields Rise
The S&P 500 Index ($SPX) (SPY) is down by -0.42% today, the Dow Jones Industrial Average ($DOWI) (DIA) is down by -0.21%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down by -1.17%. E-mini S&P futures (ESU26) are down -0.…
Hidden Valley Ranch dressing may be a victim of this summer’s salad scare
As the cyclospora outbreak has made consumers more cautious about salad purchases, one analyst points to sales declines for Clorox’s Hidden Valley brand.
Hogs Fall Back on Tuesday
Lean hog futures rounded out the Tuesday session with contracts down $1 to $1.77 at the close. USDA’s national base hog price was reported at $93.52 on Tuesday afternoon, up 90 cents from the day prior. The CME Lean Hog…
Fabrinet Selloff Shows the Cost of Elevated AI Expectations
August 18, 2026, 2:15 AM EDT. Nicotine pouches are becoming a bigger earnings driver for Philip Morris and British American Tobacco as cigarette volumes decline. BAT expects industry pouch revenue to rise from £4 billio…
Corn Fades on Tuesday to Close Mixed
Corn futures posted mixed trade on Tuesday, with contracts closing as much as 1 ¾ lower to a penny higher across the board. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $4.35 1/2.
U.S. government debt yields are surging at a bad time. Here's what's behind the move
Treasury yields are continuing to climb, and at a particularly bad time as higher rates worsen the impact of the nearly $40 trillion government debt load.
Sugar Prices Soar on Global Supply Concerns
October NY world sugar #11 (SBV26) is up +0.53 (+3.14%) today, and October London ICE white sugar #5 (SWV26) is up +15.20 (+2.91%).
Costco launching Medicare Advantage plans with SCAN Group
Costco Wholesale Corporation and nonprofit insurer SCAN Group announced a partnership on Tuesday to sell Costco-branded Medicare plans, marking the retailer's first entry into the Medicare market. The two companies plan…
Favorable West African Weather Weighs on Cocoa Prices
Cocoa prices extended this week's losses, with NY cocoa falling to a 1.5-week low. Favorable weather in West Africa is expected to boost yields and supply, which is bearish for prices. Cocoa farmers in the Ivory Coast a…
Cisco’s $9.3 Billion AI Order Book Strengthens the Growth Case
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