Citadel Securities warns that the Federal Reserve's decision to pause rate hikes in June is only temporary. They highlight that ongoing supply shocks, a strong labor market, and a large AI investment cycle are driving persistent inflation, which will likely force the Fed to raise rates in September. The firm expects consecutive rate hikes through early 2027, despite markets currently pricing in a high chance of no change in June. This signals a more aggressive monetary policy ahead to combat durable inflation pressures.
Chicago Atlantic Real Estate Finance, Inc. (REFI) and Chicago Atlantic BDC, Inc. (LIEN) have agreed to merge, with REFI electing to become a business development company (BDC) and merging into LIEN in an all-stock deal. The combined company will oper...
Scorpio Tankers Inc. announced updated daily Time Charter Equivalent (TCE) rates for Q2 2026, reflecting their fleet's contracted voyages and time charters. The company expects diluted shares outstanding between 53 to 54 million for the quarter, fact...
New research from Wood Mackenzie reveals that the metals demand for data centers extends far beyond servers to include extensive power infrastructure like grid upgrades, transmission lines, and on-site power generation. This broader view shows alumin...
Man Group PLC disclosed a reduction in its long position in Senior Plc, holding 1.58% of relevant securities as of June 17, 2026. The firm sold shares and reduced its equity swap positions, signaling a strategic adjustment in its investment. This dis...
The S&P 500 fell 1.21% to 7,420.10 after the Federal Reserve signaled a possible interest rate increase later this year, causing investor jitters. Despite the decline, Polymarket traders predict a 98% chance the index will open higher on Thursday, re...
