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Trump has narrowed his Fed chair shortlist to three or four names but hasn’t revealed them
Donald Trump, from inside the White House, said Wednesday that he’s already trimmed his Fed chair shortlist down to “three or four” people. At the same time, the US Treasury confirmed 11 candidates will still go through formal interviews. According to the Financial Times, those interviews will be led by Scott Bessent, who currently serves […]Cryptopolitan
Wed, Aug 13
Other
EXCLUSIVE-US pharma tariffs likely weeks away as Trump plans for Alaska, sources say
Trump administration opened pharma imports probe in AprilTrump says pharma tariffs could start small, rise to 250%By Maggie Fick, Andrea Shalal and Dave Graham WASHINGTON Aug 13 (Reuters) - The announcement by President Donald Trump's administration of the results of a probe into pharmaceutic...Reuters
Wed, Aug 13
Stocks
SOFTS-Coffee gains as investors assess US tariffs, Brazil weather
NEW YORK, Aug 13 (Reuters) - Coffee futures on ICE gained on Wednesday with investors continuing to assess the effect of steep U.S. tariffs on top coffee grower Brazil, and remained mindful of the cold snap in some of the country's growing areas. COFFEE * Arabica coffee futures ...Reuters
Wed, Aug 13
Stocks
Pixelworks Posts Loss as Sales Improve
Pixelworks (NASDAQ:PXLW) reported its second-quarter 2025 earnings on August 12, 2025, a non-GAAP net loss of $5.3 million, and sequential revenue growth driven by home and enterprise product shipments. Management highlighted progress in TrueCut Motion, ongoing strategic review of the Shanghai subsi...The Motley Fool
Wed, Aug 13
Stocks
Why Did Bloom Energy Stock Pop Today?
Key PointsBloom Energy popped on little to no news today.Rivals Ballard and Plug have had some news this week, with Plug reporting a big net loss, but Ballard getting a price target hike.Bloom is a very expensive fuel cell stock.10 stocks we like better than Bloom Energy › Shares of Bloom Energy (NY...The Motley Fool
Wed, Aug 13
Stocks
TWFG Posts 14% Revenue Gain in Q2
Key PointsAdjusted Diluted EPS (non-GAAP) exceeded expectations at $0.20, while GAAP revenue fell short of analyst estimates, reaching $60.3 million.Year-over-year GAAP revenue rose 13.8%, with significant margin expansion was demonstrated by a 4.8 percentage point increase in Adjusted EBITDA margin...The Motley Fool
Wed, Aug 13
Cryptocurrencies
Top tech bosses are dumping billions into deals with Trump to avoid getting crushed by the wave of new tariffs
Top tech bosses are dumping billions into deals with Trump to avoid getting crushed by the wave of new tariffs coming out of the White House in 2025. Apple, Nvidia, and AMD are the first to throw cash at the problem, each taking different routes to dodge penalties and keep doing business with China. The […]Cryptopolitan
Wed, Aug 13
Other
Arctic Wolf: Policy scoping identified as main cause of cyber insurance claim rejections
By Mia MacGregorAug 13 - (The Insurer) - A significant portion of cyber insurance claims are rejected due to incidents falling outside policy terms, potentially eroding confidence in coverage among IT and security leaders, according to Arctic Wolf's 2025 Cyber Insurance Outlook report.The cybers...Reuters
Wed, Aug 13
Stocks
3 No-Brainer Chip Stocks to Buy Right Now
Key PointsNvidia is the world's premier GPU designer.Taiwan Semiconductor's chips power countless products.ASML is a key supplier of machines used in chip fabrication. 10 stocks we like better than Nvidia › Many investors today are focused on companies participating in the artificial intelligence (A...The Motley Fool
Wed, Aug 13
Forex
CANADA FX DEBT-Canadian dollar steadies as BoC minutes reveal split on rate outlook
Loonie trades in a range of 1.3752 to 1.3782BoC minutes show split among policymakersPrice of oil settles 0.8% lowerBond yields fall across the curveBy Fergal Smith TORONTO, Aug 13 (Reuters) - The Canadian dollar was barely changed against its U.S. counterpart on Wednesday, as oil prices fell and...Reuters
Wed, Aug 13
Other
US judge blocks Trump religious exemption to birth control coverage
By Daniel Wiessner Aug 13 (Reuters) - A U.S. judge on Wednesday struck down rules adopted during President Donald Trump's first term that exempt employers with religious or moral objections from having to provide workers with insurance coverage for birth control.U.S. District Judge Wendy Beet...Reuters
Wed, Aug 13
Other
Air Canada cancels flights from Thursday as cabin crew strike looms
Air Canada winding down flights ahead of planned Saturday strikeContract talks with flight attendants largely stalled over payAir Canada flight attendants give 72 hours strike noticeBy Allison Lampert and Aishwarya Jain Aug 13 (Reuters) - Air Canada AC.TO is cancelling flights from Thursday, as t...Reuters
Wed, Aug 13
Commodities
ICE canola futures rebound despite China duties
WINNIPEG, Manitoba, Aug 13 (Reuters) - ICE canola futures clawed back some of yesterday's losses, leaving canola only moderately lower than it was before China's shock news that it was imposing tariffs on Canadian canola seed.• November canola RSX5 settled up $9.50 at $659.80 per metric ton....Reuters
Wed, Aug 13
Commodities
Centrica frontrunner to buy National Grid's LNG terminal in $2 billion deal, FT reports
Aug 13 (Reuters) - British Gas owner Centrica CNA.L and Energy Capital Partners are in talks to buy the Isle of Grain LNG terminal from National Grid NG.L in a deal valued at about 1.5 billion pounds ($2.03 billion), the Financial Times reported on Wednesday.Centrica declined to comment on the FT re...Reuters
Wed, Aug 13
Commodities
US natgas prices edge up on rising demand and flows to LNG export plants
Near-record output and ample supplies keep prices lowTropical Storm Erin may reduce demand, affecting pricesLSEG reports gas stockpiles 6% above normal levelsBy Scott DiSavino Aug 13 (Reuters) - U.S. natural gas futures edged up about 1% on Wednesday after dropping to an eight-month low in the pr...Reuters
Wed, Aug 13
Stocks
Why Eli Lilly Stock Popped Today
Key PointsEli Lilly is now selling Mounjaro GLP-1 weight loss drugs in India.Rival Novo Nordisk began Indian Wegovy sales in June. Lilly is underpricing its rival in the Indian weight loss market.10 stocks we like better than Eli Lilly › Shares of Eli Lilly (NYSE: LLY), a pharmaceuticals giant and m...The Motley Fool
Wed, Aug 13
Forex
FOREX-Dollar slips further as anticipation mounts of Fed interest rate cut
US inflation data in line with expectations adds to rate cut betsTrump considers lawsuit against Powell over renovationsBessent says could see series of Fed rate cuts - Bloomberg interviewBy Saqib Iqbal Ahmed and Joice Alves NEW YORK, Aug 13 (Reuters) - The dollar slipped for a second straight se...Reuters
Wed, Aug 13
Other
US approves potential sales of munitions, bombs and rockets to Nigeria
Aug 13 (Reuters) - The U.S. State Department has approved potential sales of munitions, precision bombs and precision rockets to Nigeria for an estimated cost of $346 million, the Pentagon said on Wednesday.The contractors for the sales are Lockheed Martin LMT.N , RTX Missiles and Defense RTX.N and ...Reuters
Wed, Aug 13
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