Artificial Intelligence in Banking

Business

RTX's Defense Unit Secures Key Contracts and Test Milestones, But Valuation Concerns Loom

Raytheon, an RTX business, achieves a critical ballistic flight test for the U.S. Army's new interceptor while securing over $1.2 billion in new defense contracts. These wins solidify its role in next-generation air defense but come as the company's stock trades near record highs, prompting investor scrutiny over future growth.

Feb 2, 2026

Business

Chevron Extends Dividend Growth Streak to 39 Years, Fueled by Record Cash Flow and Strategic Expansion

Chevron Corporation raises its dividend for the 39th consecutive year, backed by robust operational performance, strategic acquisitions like Hess, and a diversified growth pipeline that promises sustained shareholder returns.

Feb 2, 2026

Business

Netflix's All-Cash Bid for Warner Bros. Discovery: A High-Stakes Gamble on Content and Capital

Netflix's bold, all-cash offer to acquire Warner Bros. Discovery for an estimated $72-83 billion is testing investor confidence and regulatory boundaries. The proposed mega-deal, which would dramatically reshape the streaming landscape, faces intense scrutiny over antitrust concerns and the strain it could place on Netflix's historically disciplined balance sheet.

Feb 2, 2026

Business

German Chancellor Merz Urges Breakthrough for Unified EU Capital Market to Rival U.S.

German Chancellor Friedrich Merz has called for urgent action to dismantle barriers and create a truly integrated European capital market, arguing it is essential for the bloc's economic competitiveness and to keep innovative firms from listing abroad.

Feb 2, 2026

Business

Caleres Bolsters Leadership with Fashion Veteran Kristen Sosa to Steer Key New York Brands

Industry veteran Kristen Sosa joins Caleres as Division President, taking the helm of a portfolio including Stuart Weitzman, Veronica Beard, and Favorite Daughter, signaling a strategic push for growth.

Feb 2, 2026

Business

Corn Futures Dip Amid Mixed Market Signals and Export Concerns

U.S. corn futures edged lower at Monday's midday, pressured by a stronger dollar, falling crude oil, and a weekly export inspections report that fell short of last year's pace. The market also digested trade developments with India and positioning data from speculators.

Feb 2, 2026

Business

Soybean Prices Slip as Market Weighs Export Data, Brazil's Harvest Progress

Soybean futures traded lower midday Monday, pressured by mixed export figures and a growing Brazilian harvest. The market also digested news of a potential U.S.-India trade deal that could impact agricultural flows.

Feb 2, 2026

Business

Wheat Futures Extend Losses Amid Dollar Strength, Mixed Export Signals

U.S. wheat futures fell across the board on Monday, pressured by a stronger dollar and a weekly decline in export inspections, despite year-over-year shipment gains and managed money trimming short positions.

Feb 2, 2026

Business

Cotton Futures Pare Losses Amid Trump-Modi Trade Deal Announcement

Cotton futures trimmed early losses by midday Thursday, recovering slightly despite broader market pressure. The partial rebound followed a surprise announcement from former President Donald Trump regarding a new trade agreement with India, a key cotton importer.

Feb 2, 2026

US

Court Halts DHS Policy, Restores Lawmakers' Access to Immigration Detention Sites

A federal judge has issued a temporary restraining order against a Homeland Security rule that required advance notice for congressional visits to ICE facilities, citing 'irreparable harm' to oversight duties amid heightened national scrutiny.

Feb 2, 2026

US

New York City's Bitter Cold Snap Claims 16 Lives, Mayor Announces

Mayor Zohran Mamdani confirms the rising human toll from the prolonged freeze, with hypothermia suspected in most cases as the city battles historically low temperatures.

Feb 2, 2026

US

Alabama Mother and Two Children Feared Forcibly Taken from Home, Police Cite Signs of Struggle

Authorities in Mobile County are urgently searching for a missing mother, her teenage daughter, and toddler son after discovering evidence of a disturbance at their residence, indicating they may have been taken against their will.

Feb 2, 2026

IRS Confirms Tax-Free Status of $1,776 'Warrior Dividend' for 1.5 Million Service Members

The Internal Revenue Service has officially designated a one-time $1,776 payment to approximately 1.5 million U.S. service members as non-taxable income, providing a financial boost that does not need to be reported on federal returns.

Feb 2, 2026

Business

End of an Era: Eddie Bauer, Outdoor Retail Pioneer, Poised to Shutter All North American Stores

The 104-year-old Seattle-based outdoor institution, once boasting nearly 600 stores globally, is reportedly preparing for a Chapter 11 bankruptcy filing that would close its roughly 200 remaining brick-and-mortar locations across the continent.

Feb 2, 2026

Government Shutdown Disrupts Key Economic Data, Delays January Jobs Report

The Bureau of Labor Statistics has postponed the release of January's crucial employment data due to a partial government shutdown, leaving markets and policymakers in the dark as a funding impasse in Congress continues.

Feb 2, 2026

Business

The $1 Million Retirement Question: Is It Enough for Your Golden Years?

While a seven-figure nest egg is a common retirement goal, financial experts caution that its sufficiency hinges on withdrawal strategies, lifestyle expectations, and supplemental income.

Feb 2, 2026

Business

Wegmans' Customer Satisfaction Slips as Value-Conscious Shoppers Drive Retail Shift

A new national report reveals Wegmans Food Markets experienced one of the steepest declines in customer satisfaction among major grocers in 2026, as economic pressures reshape shopping priorities toward value and convenience.

Feb 2, 2026

Business

Expedia Shares Climb on Exclusive BNPL Deal with Affirm

Expedia Group stock rose sharply after announcing an expanded, exclusive partnership with Affirm, making the fintech firm the sole 'Buy Now, Pay Later' provider across its major U.S. travel platforms.

Feb 2, 2026

Business

Terex Completes REV Group Merger, Shares Climb as Market Eyes Synergy Targets

Terex Corporation shares gained over 4% following the finalization of its merger with REV Group, creating a diversified specialty equipment giant. The deal is projected to yield $75 million in annual synergies by 2028.

Feb 2, 2026

Business

Netflix Consolidates Leadership: Elizabeth Stone Ascends to Dual Role as Chief Product and Technology Officer

In a strategic move to unify its product and technology vision, Netflix has elevated CTO Elizabeth Stone to the newly created role of Chief Product and Technology Officer. The promotion places her at the helm of the streaming giant's core product, engineering, and data divisions.

Feb 2, 2026