The Federal Reserve is expected to raise interest rates by a quarter point this week, reflecting ongoing inflation pressures driven by fuel prices and supply shocks. The decision comes amid a split within the Federal Open Market Committee, with some members advocating patience while others push for hikes to prevent inflation from becoming entrenched. The vote margin will reveal the committee's stance on inflation and monetary policy direction, with Fed Chair Kevin Warsh playing a key role in messaging. Markets will closely watch the Fed's updated rate projections and Warsh's press conference for future guidance.
Kroger reported mixed Q2 earnings with adjusted EPS of $1.09 beating estimates, but revenues slightly below expectations at $34.62 billion. Despite slower sales growth, Kroger maintained its full-year adjusted EPS guidance of $5.10 to $5.30, supporte...
Enbridge Inc. is expanding its crude oil infrastructure by acquiring Tallgrass Energy's crude oil business for $2.55 billion. This move strengthens its presence in key U.S. oil regions and is funded partly by a recent $3 billion public offering. Desp...
Bitcoin traded near $78,700 and XRP around $1.41 as investors awaited the U.S. Senate's procedural vote on the CLARITY Act, which could reshape crypto market regulations. The broader crypto market saw a 1.32% gain, driven by optimism about the bill, ...
Bluerock Homes Trust, Inc. announced a quarterly cash dividend of $0.125 per share for both its Class A and Class C common stocks for the third quarter of 2026. The dividends will be paid on October 5, 2026, to shareholders of record as of September ...
Coinbase data shows XRP traders expect a significant price move this week, with options implying a 7.7% change versus its usual 5% weekly move. This volatility is the largest relative to its own history among major cryptocurrencies, surpassing Bitcoi...
