Traders give a 91.8% chance of a quarter-point cut and an 8.2% chance of a half-point cut when the Federal Open Market Committee meets next week, according to the CME FedWatch Tool. That's up from 88.9% for just a quarter-point cut last month. "While this week's Producer Price Index (PPI) and Consumer Price Index (CPI) reports could surprise the market, it's highly unlikely they'll alter the Powell Fed's decision at this point,†writes Bespoke Investment Group co-founder Paul Hickey. "The Powell Fed has thus ...

Question-and-Answer SessionAjai BambawaleGroup Head & Chief Risk Officer Thanks for the question. So with the risk environment so heightened, Brian, I mean, there's naturally more than one thing that's top of mind for me, but let me call out the top 3. The first is geopolitical risk, okay? The landscape, as you know, is turbulent, and it's characterized by things like deglobalization, trade protectionism, the ongoing conflicts, the strained relations. And the way I'm looking at it is this risk is unlikely t ...

By Suzanne McGee and Svea Herbst-Bayliss (Reuters) -Asset manager VistaShares has selected high-profile investor Bill Ackman as the fund manager to mimic in its newest exchange-traded fund. The VistaShares Target 15 ACKtivist Distribution ETF made its debut on Tuesday amid a boom in such funds either overseen by or designed to replicate the portfolios of top managers like Ackman. It follows the success of VistaShares' first such offering, the VistaShares Target 15 Berkshire Select Income ETF, which trac ...

By Jonathan Stempel (Reuters) -A federal judge approved Vanguard Group's $25 million settlement of a lawsuit accusing the U.S. mutual fund company of improperly saddling investors in its target-date funds with inflated tax bills. U.S. District Judge John Murphy in Philadelphia granted preliminary approval on Monday, calling the settlement sufficiently fair, reasonable, and adequate, after rejecting a $40 million settlement on May 19. Murphy objected because Vanguard could have offset the $40 million fro ...

Welcome back. Shares of Amsterdam based Nebas the beneficiary of Microsoft's latest AI deal. Our Christina departs Nevos is tracking that move for us this morning and it's a big move KP.Yeah, no doubt. So you mentioned this deal. It's a massive deal worth of 19 billion with Nebius for AI infrastructure through 2031.But the real story really isn't the price tag although big. It's what Microsoft chose not to build. Despite record capital spending, Microsoft decided to rent GPU capacity rather than expand its ...

NEW YORK, Sept. 09, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors its investigation on behalf of Six Flags Entertainment Corporation (“Six Flags” or the “Company”) (NYSE:FUN) investors concerning the Company’s possible violation of the federal securities laws or other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On August 6, 2025, Six Flags announced its second-quarter 2025 financial results, reporting a swing from a profit to a $100 milli ...

Question-and-Answer SessionAjai BambawaleGroup Head & Chief Risk Officer Thanks for the question. So with the risk environment so heightened, Brian, I mean, there's naturally more than one thing that's top of mind for me, but let me call out the top 3. The first is geopolitical risk, okay? The landscape, as you know, is turbulent, and it's characterized by things like deglobalization, trade protectionism, the ongoing conflicts, the strained relations. And the way I'm looking at it is this risk is unlikely t ...

Accessibility StatementSkip Navigation CHICAGO, Sept. 9, 2025 /PRNewswire/ -- Aequum Capital Financial, LLC ("Aequum"), a rapidly growing specialty finance lender backed by Castlelake, L.P., announced today that it has closed a new $250 million debt facility lead by Wells Fargo & Company (NYSE: WFC). This strategic financing significantly enhances Aequum's ability to expand its asset-based lending platform and underscores the strength of its institutional partnerships. The facility will be used to further s ...

In trading on Tuesday, the KraneShares CSI China Internet ETF is outperforming other ETFs, up about 2.2% on the day. Components of that ETF showing particular strength include shares of Weibo, up about 6.2% and shares of Tencent Music Entertainment Group, up about 3% on the day.And underperforming other ETFs today is the VanEck Rare Earth/Strategic Metals ETF, off about 3.5% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Albemarle, lower by abou ...

Jefferies upgraded NYSE:CRL from Hold to Buy, indicating confidence in the company's growth prospects, especially in its Discovery and Safety Assessment (DSA) segment.Despite facing industry-wide challenges such as foreign exchange pressures and cautious spending in the biotech sector, Charles River Laboratories has slightly outperformed the industry average decline.The company's stock volatility and market interest are evident, with a current market capitalization of approximately $7.97 billion and a tradi ...