The Federal Reserve's headquarters renovation costs have surged from $1.317 billion to $2.381 billion, with completion delayed from mid-2024 to the end of 2027. The Fed's Inspector General found no misconduct but cited inflation, unexpected needs, and poor project management as causes of overruns. Fed Chair Kevin Warsh has assigned the General Services Administration (GSA) to manage the project, aiming to improve accountability and cost control. The GSA will implement stricter budget and schedule controls to finish the renovation efficiently and responsibly.
The Federal Reserve's headquarters renovation project is the subject, with Pluang's Financials-sector market snapshot as of Oct 01, 2026 23:02 WIB: out of 85 priced US Financial stocks, 21 rose and 64 fell. Notable movers include Deutsche Bank AG (DB) at USD 34.95 with a 1-day change of -2.61% and a typical hold time on Pluang of 79 days, Marathon Digital Holdings Inc (MARA) at USD 11.05 down 2.47%, and Bit Digital Inc (BTBT) at USD 1.59 down 2.45%.
Beneficient is set to report its Q3 2026 earnings on October 5, with analysts expecting $0.97 EPS and $13.1 million in revenue. The company is involved in disputes over allegedly fraudulent debt and equity claims linked to HCLP Nominees and former CE...
Robinhood Markets is broadening its platform with new features like AI-powered Robinhood Agents, crypto perpetual futures, earnings contracts, and social investing tools. The company plans to offer 24/7 trading for select U.S. stocks and ETFs, plus e...
American Battery Technology Company secured a $100 million export license from the U.S. Department of Commerce to sell recycled battery black mass, which contains critical minerals like lithium and cobalt. The company is expanding its recycling opera...
Cal-Maine Foods reported a fiscal Q1 loss of $1.26 per share, wider than the expected loss of $0.77, with revenue falling to $539.6 million, below estimates. The 42% year-over-year sales decline was driven by lower egg prices, significantly impacting...
An analyst at Truist Financial raised Wells Fargo's price target to $95, suggesting a 20.74% upside from its current price. This optimism is driven by expected strong third-quarter earnings of $1.85 per share and $22.34 billion in revenue, surpassing...
