The Bank of England kept interest rates steady at 3.75%, with six of nine policymakers voting to maintain current borrowing costs. However, three members favored a rate increase due to rising risks of inflation from Middle East tensions impacting energy prices. UK inflation has dropped to 2.6% but is expected to rise to 3.2% in autumn as energy costs increase. The Bank remains ready to act to keep inflation near its 2% target, while markets anticipate possible rate hikes later this year amid ongoing geopolitical uncertainties.
Frank Patton and Kimberlee Mott, financial advisors with 45 years of combined experience managing about $150 million in assets, have joined Balmville Wealth Group through LPL Financial. They bring a focus on retirement planning and multigenerational ...
Crescent Biopharma announced its second quarter 2026 financial results, highlighting progress in clinical trials for its cancer therapies, including CR-001, a PD-1 x VEGF bispecific antibody, and ADC candidates CR-002 and CR-003. The company is enrol...
Ferrari reported Q2 2026 net revenues of €1.94 billion, up 8% year-on-year, driven by a richer product mix and increased personalization sales. Operating profit rose 10% to €605 million with a margin of 31.2%, while net profit grew 9% to €463 million...
Academy Sports + Outdoors has launched Academy Retail Media (ARM), a new retail media network designed to connect brands with its 52 million verified customers across online and in-store channels. ARM leverages Academy's physical stores, digital plat...
Republic Services reported $973 million in sustainability investments in 2025, including launching nine renewable natural gas projects and expanding its electric truck fleet to over 180 vehicles. These efforts support the company's 2030 goals for saf...
