Jeffrey Schmid, President of the Federal Reserve Bank of Kansas City, warned that inflation is still too high and the current energy shock might not be temporary. Speaking at a conference, he expressed concern that inflation has been above the Fed's 2% target for too long and cautioned against easing monetary policy. Despite reduced U.S. vulnerability to energy shocks, higher gasoline prices continue to impact consumer spending, while energy firms remain cautious about increasing oil production. Economic indicators still show steady growth and a stable labor market, but risks from inflation and energy costs persist, complicating the Fed's policy decisions moving forward.
Northrim BanCorp announced a quarterly cash dividend of $0.16 per share, payable on June 18, 2026, to shareholders recorded by June 11, 2026. At the current stock price of $24.74, this dividend represents an annual yield of 2.59%. The company recentl...
Dell Technologies revealed that many of its largest customers are signing multi-year contracts for AI servers without guaranteed prices, prioritizing access over cost amid high demand and supply shortages. The company faces challenges in predicting c...
Lowe's Companies, Inc. announced a quarterly cash dividend increase to $1.25 per share, up 4% from the previous $1.20. The dividend will be paid on August 5, 2026, to shareholders of record as of July 22, 2026. This marks over 25 consecutive years of...
Future Fuels Inc. has completed its acquisition of Hatchet Uranium Corp. through a three-cornered amalgamation, creating a new subsidiary named Future Fuels Athabasca Inc. This acquisition adds a large uranium exploration portfolio of nearly 97,674 h...
Range Resources Corporation announced a quarterly cash dividend of $0.10 per common share for the second quarter. The dividend will be paid on June 26, 2026, to shareholders of record as of June 12, 2026. This dividend reflects the company's ongoing ...
