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- US plans to sanction another bank to keep economic pressure on Iran
Business & Finance
Washington plans to impose sanctions on another bank this week as it steps up its campaign to economically isolate Tehran amid the deadlocked truce talks, the US Treasury chief has said
Traders work on the floor of the New York Stock Exchange during morning trading on June 26, 2026 in New York City. Michael M. Santiago | Getty Images
As the U.S. and Canada stare down tens of billions of dollars in dueling tariff regimes as a result of President Trump’s new trade war against the nation’s second-biggest trading partner, companies, economists, and investors are back in the game of attempting to forecast the level of volatility to expect on corporate balance sheets and…
Shares of internet service provider Cogent Communications (NASDAQ:CCOI) fell 11.4% in the afternoon session after a weak second-quarter report and a Goldman Sachs price-target cut to $12 from $16. Cogent missed on revenue and EBITDA as Sprint-related churn, delayed customer orders, and higher costs hit the quarter—prompting Goldman to stay Neutral but mark the shares…
The rise in oil prices and other commodities is helping to drive inflation up, with price increases outpacing wage gains
Shares of payment processing company Shift4 Payments (NYSE:FOUR) fell 6.4% in the afternoon session after the company lowered its 2026 outlook, prompting Raymond James and UBS to cut price targets even while keeping positive ratings. A solid quarter was overshadowed by a guidance cut tied to Middle East travel disruption, foreign-exchange headwinds, and higher interest…
President Donald Trump’s family businesses are facing renewed scrutiny over billions of dollars in earnings, a paid service offering faster access to his social media posts and financial transactions critics say demand investigation
Shares of aerospace and defense company AerSale (NASDAQ:ASLE) fell 7.9% in the afternoon session after the company reported disappointing second-quarter results, missing both earnings and revenue estimates. AerSale posted an adjusted loss of $0.09 per share, a significant miss compared to the consensus forecast for a $0.07 profit. Revenue for the quarter came in at $70.93…
The 2026 NFL Draft delivered a massive economic boost to the Pittsburgh region, generating $177 million in economic impact and over $1.5 billion in total economic value, according to two independent post-event studies released Monday