Amid expectations of lower interest rates and sustained infrastructure spending, distributor Core & Main (CNM) is drawing investor scrutiny. Recent disclosures of congressional investments have added fuel to a bullish thesis centered on public-sector demand and robust cash generation.
Analysts at BTIG identify mortgage REIT Dynex Capital as a top pick to capitalize on a federal directive for GSEs to purchase up to $200 billion in mortgage-backed securities, a move expected to compress spreads and lift valuations.
The U.S. Small Business Administration will exclude lawful permanent residents from its flagship loan guarantee programs starting March 1, reversing recent policies and drawing sharp criticism from business advocates who warn it will stifle entrepreneurship.
Alphabet Inc., Google's parent company, is set to significantly expand its Indian operations, securing up to 2.4 million square feet of office space in Bengaluru. This move, potentially doubling its local workforce, comes as U.S. immigration policies tighten, accelerating a strategic pivot to India's tech talent pool.
Morgan Stanley's chief equity strategist argues Kevin Warsh's expected nomination as the next Federal Reserve Chair could provide a stabilizing 'credibility anchor' for markets, shifting focus from inflation hedges to cyclical stocks.
The Southern-themed chain implements cost-cutting measures, requiring staff to primarily dine at its own restaurants and cover alcohol expenses during business travel, as it navigates financial headwinds and recent brand missteps.
The family of 22-year-old advanced snowboarder Brooke Day shares further heartbreaking context following her death in a rare lift malfunction at a Nagano resort, highlighting her experience and a tragic equipment entanglement.
A new analysis from Macquarie reveals a pivotal shift: carbon pricing is now being driven more by local political will and regulatory changes than by global emissions trends, creating divergent fortunes for markets from Europe to the Pacific.
A leaked internal memo reveals Cracker Barrel is now requiring traveling employees to eat at its own restaurants, while cutting alcohol reimbursement—a move raising eyebrows about the chain's strategy amid shifting sales.
CVS Health faces a revised outlook from analysts following a key Medicare payment proposal, yet maintains its dividend payout as the healthcare giant balances regulatory challenges with its diversified business model.
As healthcare and living expenses climb, experts outline potential administrative and legislative avenues that could impact retiree finances in the coming years, from Medicare reform to tax adjustments.
In a significant policy pivot, Iran's President Masoud Pezeshkian has directed his foreign minister to pursue negotiations with the United States, a move seen as receiving crucial backing from Supreme Leader Khamenei amidst ongoing regional tensions and domestic unrest.
King Misuzulu kaZwelithini has urged migrants to leave South Africa, echoing his late father's stance, following violent protests at a Durban primary school where immigration was blamed for admissions shortages.
A new legislative effort seeks to transform California's insurer of last resort into a comprehensive provider, potentially ending the need for hundreds of thousands of homeowners to juggle multiple policies amid the state's ongoing insurance crisis.
A captive breeding program for the elusive Guthega skink in Victoria's high country yields a rare pregnancy, potentially boosting the known wild population from 11 to 13 individuals.
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.
Morgan Stanley's top strategist argues that recent U.S. trade shifts have prompted nations worldwide to reassess and leverage their own economic strengths, creating a multi-year investment opportunity in a more multipolar global order.
A criminal probe into outgoing Fed Chair Jerome Powell, initiated by the Trump administration, has triggered a Senate blockade led by a key Republican. The standoff jeopardizes Kevin Warsh's confirmation and risks delaying the interest rate cuts Trump desires ahead of a tough election.
With U.S. sanctions easing, Chevron is accelerating its expansion in Venezuela, aiming to boost production by 50% and secure discounted heavy crude for its refineries, a strategic move to bolster cash flow and shareholder returns amid volatile earnings.
Augusto Blacker Miller, a controversial figure from Peru's Fujimori era, has died in a Rio de Janeiro prison hospital. The 80-year-old, arrested in Brazil last December on an Interpol warrant, succumbed to cardiorespiratory arrest, reigniting debates about justice, aging detainees, and cross-border legal accountability.
