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22/09/2026
According to The New York Times: SB Energy has postponed its IPO.
Latest
14 m ago
The U.S. Dollar Index, which measures the greenback against six major currencies, rose 0.21 percent on the day, closing at 100.430 in late foreign exchange trading. As of late New York foreign exchange trading, the euro was trading at 1.1465 U.S. dollars, down from 1.1483 U.S. dollars in the previous session; the British pound was at 1.3369 U.S. dollars, down from 1.3391 U.S. dollars in the previous session; the U.S. dollar was at 157.45 Japanese yen, up from 156.68 Japanese yen in the previous session; the U.S. dollar was at 0.8213 Swiss francs, down from 0.8221 Swiss francs in the previous session; the U.S. dollar was at 1.4039 Canadian dollars, up from 1.3993 Canadian dollars in the previous session; the U.S. dollar was at 9.8398 Swedish kronor, up from 9.8333 Swedish kronor in the previous session.
44 m ago
Amazon Web Services (AWS): xAI's Grok 4.6 model is now available on the Amazon (AMZN.O) Bedrock platform.
44 m ago
Federal Reserve's Musalem said on Monday that the Fed may need to raise interest rates further to lower inflation, as demand remains strong and commodity price shocks have extended beyond the oil sector. He also stressed that the Fed would be better off acting sooner rather than waiting. Musalem said: "Persistent demand and recurring supply pressures are still exacerbating inflation risks. I believe that without further policy measures to curb inflation, inflation is likely to be significantly above our 2% target 18 months from now, rather than reaching the target level. I think policy must impose meaningful restraint on inflation. That way the Fed can achieve its inflation target in about a year and a half, allowing time for tightening policy to affect the economy." He also said: "An earlier, gradual policy tightening is more appropriate and less disruptive to the economy than larger and potentially more abrupt policy moves later in the future." Musalem pointed out that inflation "is not a risk; it is already here." Even after stripping out the effects of oil and other supply-related factors, underlying inflation could still be several percentage points above the Fed's target and "is moving in the wrong direction."
53 m ago
According to The New York Times: SB Energy has postponed its IPO.
55 m ago
Business Insider: Paramount CEO Ellison said the initial plan is to complete the deal with Warner Bros. Discovery (WBD.O) in about two weeks.
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