Sarah Jenkins

Markets

GE Vernova shares fall despite stronger orders and raised cash-flow outlook

The power equipment group missed second-quarter profit estimates, but orders, backlog and free cash flow signalled continued deman...

By Sarah Jenkins · 2 months ago

Economics

Warsh’s repeated Fed phrases draw scrutiny from policy watchers

CNBC reported that the new Fed chair has leaned on three recurring formulations as analysts parse what they signal for policy.

By Sarah Jenkins · 2 months ago

Markets

Senate crypto bill adds proposed ban on officials issuing digital assets

An updated Senate measure would bar presidents and other federal officials from issuing or sponsoring cryptocurrencies and other d...

By Sarah Jenkins · 2 months ago

Markets

Reddit shares fall on report of Google AI data deal doubts

Reddit fell about 9% after a report said it has discussed cutting off Google’s AI access to its user-generated content.

By Sarah Jenkins · 2 months ago

Markets

Trump generic drug tariff plan puts pressure on low-margin suppliers

The proposed duties would start after a two-year reprieve, raising questions over U.S. medicine prices, supply chains and domestic...

By Sarah Jenkins · 2 months ago

Markets

Fidelity puts 2026 retiree health costs at $185,500

A 65-year-old retiring in 2026 may face average health costs up 7.5% from last year, with long-term care excluded from the estimat...

By Sarah Jenkins · 2 months ago

Markets

Samsung raises foldable phone prices with Galaxy Z8 launch

Samsung introduced three foldable smartphones in London, with $100 increases on key models as memory-chip costs rise and Apple is...

By Sarah Jenkins · 2 months ago

Markets

Wyden bill would require Congress to approve key Trump tariffs

The Oregon Democrat’s proposal targets presidential tariff authorities after Trump announced 50% duties on a range of Canadian goo...

By Sarah Jenkins · 2 months ago

Markets

Japan’s AI trade lifts makers of toilets, glass fiber and seasonings

Toto, Nittobo and Ajinomoto have posted sharp share gains as specialist materials businesses tied to semiconductor demand expand.

By Sarah Jenkins · 2 months ago

Markets

India accelerates alternative fuels push as oil risks rise

New Delhi is expanding ethanol, biogas and hydrogen trials as import costs, Russian oil exposure and consumer complaints over blen...

By Sarah Jenkins · 2 months ago

Markets

Mediterranean yacht charter rates ease as summer demand weakens

Brokers say Mediterranean yacht charters are down 20% to 30% from last year, prompting late-July and August discounts on some vess...

By Sarah Jenkins · 2 months ago

Markets

TSMC’s US expansion pressures margins as Washington pushes local chip output

The Taiwanese foundry has pledged $200 billion to US manufacturing as higher overseas fab costs begin to weigh on its margin outlo...

By Sarah Jenkins · 2 months ago