Federal Reserve Bank of Kansas City President Jeff Schmid said some sort of monetary policy tightening is needed to get inflation back to the target.

With inflation staying too high for more than five years and the labor market appearing to be roughly balanced, the Federal Open Market Committee's current policy rate is showing no sign of being restrictive,

Federal Reserve Governor Lisa Cook said on Wednesday that she’s open to the idea that the central bank may need to raise its short-term interest rate target to deal with “too high” levels of inflation in the U.

Kansas City Fed President Jeff Schmid said Tuesday that the Federal Reserve’s inflation problem isn’t only about energy, and bringing inflation down to the Fed’s 2% objective will require tighter policy.

Leverage has come under renewed scrutiny after recent market turmoil in South Korea and the Situational Awareness unwind.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that market leverage — including prime brokerage, hedge funds, exchange traded funds and Treasury market arbitrage — is running high.

JPMorgan CEO Jamie Dimon warns market leverage and hidden margin debt are at record highs, raising volatility risks.

There is a lot of optimism around the potential for artificial intelligence (AI) technology, but perhaps no bolder prediction has been made than this one by JPMorgan Chase (JPM) CEO Jamie Dimon: "It's real

As he often does, President Donald Trump predicted that oil prices will fall once the war in Iran is over – something he has been saying for weeks, but which has yet to fully come to fruition.

President Donald Trump warned on Wednesday that gasoline prices could climb again as the conflict with Iran continues, saying lower prices would return once the war is over. Speaking in Las Vegas, Trump touted his administration’s economic success,

President Donald Trump is making a rare appearance in Nevada to sell voters on his handling of the economy against a backdrop of gasoline made more expensive by the Iran war.

President Donald Trump turned his latest Iran-war remarks toward U.S. oil companies on Monday, accusing major producers of making “too much money” from wartime energy shortages and urging them to cut retail fuel prices.

Commerzbank AG unveiled a fresh share buyback as Chief Executive Officer Bettina Orlopp seeks to demonstrate that her strategy delivers strong returns while Italian rival UniCredit SpA is preparing to control.

Bettina Orlopp appealed for constructive dialogue with UniCredit after the Italian bank achieved a near majority stake in its German rival.

Commerzbank almost doubled its second-quarter net profit on Thursday and said the stronger earnings performance had strengthened its position for further talks with its largest shareholder, Italy's UniCredit,

Germany's Commerzbank , nearing ​a possible takeover ‌by Italy's UniCredit , said on Thursday ​that net ​profit rose 94% in ⁠the second ​quarter, better than ​analysts had expected.

Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.

SpaceX surpassed analysts’ expectations in its debut earnings report, China is hunting for hundreds of billions of dollars in unpaid taxes and power cuts in Tunisia have provoked protests against President Kais Saied.

SpaceX reported on Tuesday a 92% rise in revenue for the ⁠April-June ⁠quarter, in its first earnings since going public, ⁠buoyed by strong growth in its Starlink satellite-internet and AI businesses.

On their first earnings call since SpaceX's June public offering, executives said the company is pouring funds into rocket development, Starlink satellites and AI.

The Montevideo, Uruguay-based company said it had profit of $9.19 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $8.

For the quarter ended June 2026, MercadoLibre (MELI) reported revenue of $10.17 billion, up 49.8% over the same period last year. EPS came in at $9.19, compared to $10.31 in the year-ago quarter. The reported revenue represents a surprise of +4.

Key Points Interested in MercadoLibre, Inc.? Here are five stocks we like better. Revenue surpassed $10 billion in Q2 2026, rising 50% year over year, while operating margin fell to 6.7% as MercadoLibre prioritized investments in commerce,

MercadoLibre on Wednesday posted an about-11% fall in its second-quarter net profit from a year earlier, hit by free shipping investments, but ​above estimates given record revenue and growth of customers who simultaneously use its ‌two main businesses.