e-crow/iStock via Getty Images The United States in 2026 will begin deploying long-range missiles in Germany as part of a commitment to the North Atlantic Treaty Organization, the countries said in a joint statement on Wednesday. The deployments are in preparation for longer-term stationing of the Standard Missile-6, Tomahawk cruiseContinue Reading
monsitj/iStock via Getty Images Gold futures gained Wednesday, following the equity markets higher after comments from Federal Reserve Chair Jerome Powell raised expectations for lower interest rates soon. Two days of congressional testimony from Powell appeared to indicate a favorable tilt toward cutting rates, saying progress is being made inContinue Reading
scgerding/iStock via Getty Images The Association of American Railroads [AAR] reported on Wednesday that for the week ending July 6, 2024, U.S. rail traffic was 421,817 carloads and intermodal units, up 3.3% year-over-year. Total carloads for the week fell 1.2% to 195,030 carloads, while U.S. weekly intermodal volume was 226,787Continue Reading
Dmitry Vinogradov Glaukos Corporation (NYSE:GKOS) traded lower on Wednesday after Citi downgraded the glaucoma product maker to neutral from buy as part of a review of its U.S. MedTech coverage ahead of Q2 2024 results. Analyst Joanne Wuensch argued that Glaukos (GKOS), which has climbed more than 50% this year,Continue Reading
Parradee Kietsirikul Uber Technologies (NYSE:UBER) and Lyft (NASDAQ:LYFT) traded lower on Wednesday after the labor-backed Drivers Demand Justice coalition filed the final batch of voter signatures needed to place its unionization push on the November ballot for Massachusetts voters. A vote in Massachusetts on ride-hailing worker unionization would be theContinue Reading
da-kuk/E+ via Getty Images London (UKX) +0.24% Germany (DAX:IND) +0.20% France (CAC:IND) -0.08% Industrial production in Austria shrank 4.1% Y/Y in May. Industrial production in Slovakia fell 0.1% Y/Y in May. The annual inflation rate in the Czech Republic eased further to 2% in June. The annual consumer inflation rateContinue Reading
Klaus Vedfelt/DigitalVision via Getty Images U.S. consumer borrowing grew by $11.35B in May, surpassing the $10.70B expected and accelerating from $6.49B in April, which was revised up from $6.40B, the Federal Reserve said on Monday. Total outstanding consumer borrowing of $5.06T advanced from $5.05T in the previous month. On aContinue Reading
Immix Biopharma (NASDAQ:IMMX) on Monday announced that the first patient had been dosed in its U.S. NEXICART-2 trial with NXC-201. The company added that the timing of the milestone was in-line with its mid-2024 guidance. It also added that the data from its ex-US clinical trial reported at ASGCT 2024Continue Reading
selimaksan/E+ via Getty Images U.S. consumers dialed back their inflation expectations at the short- and longer-term horizons, though their medium-term expectations rose slightly, the Federal Reserve Bank of New York said Monday in its March Survey of Consumer Expectations. At the one- and five-year-ahead horizons, median implied inflation fell byContinue Reading
QuickLogic (NASDAQ:QUIK) awarded a $5.26M contract to continue the development and demonstration of a Strategic Radiation Hardened (SRH) high reliability Field Programmable Gate Array technology to support identified and future Department of Defense strategic and space system requirements. The company will continue as the prime contractor collaborating with subcontractors includingContinue Reading
