Opinionated, data-backed coverage across all asset classes

Wells Fargo will split pooled rewards into separate card balances from Sept. 25. The move pressures rivals like Amex to clarify their pooling policies and could affect loyalty strategies.

From homebuilding lumber to imported whisky, the new US-Canada trade war targets specific sectors. Border businesses brace for costs, and the Fed may hike rates again.

An internal spreadsheet with 600 employee submissions shows Microsoft paying AI engineers over $400K in total comp as it competes with Google and OpenAI for talent.

HiTech Minerals produced 93.4% MgO from McDermitt ore, converting a waste stream into a potential by-product. The U.S. lacks domestic magnesium supply; further work will assess viability.

NCS Multistage stockholders must elect merger consideration by Aug. 31 as Weatherford's acquisition heads for a Sept. 1 close, with the controlling stockholder already on board.

Apple's stock enters the fall product cycle on its own terms. The company's premium pricing and services discipline mean it does not bend to market urgency. The September event sets the pace.

Treasury Secretary Scott Bessent said new sanctions are already pressuring Iran as the rial trades at 2 million per dollar. A US-China summit next month looms over enforcement against oil buyers.

Jeanie Buss opposes a $12.5B offer for the Lakers from Iger and Kushner. Her five siblings want to sell. The family trust's terms and a 2017 court order will decide who controls the team.

Outer Biosciences uses live human skin from plastic surgery to test cosmetics ingredients, backed by $23M from top VCs. Lady Gaga sits on the board. Her fiancé Michael Polansky co-founded the startup.

Bitcoin surged 20% in three days, its best rally since early 2023, as Treasury bond purchases pushed yields lower and triggered a $4 billion short squeeze.

Kalshi and Polymarket traders assign over 50% chance 10-year yields stay high despite Bessent doubling buybacks and considering TGA funds for support.

Coinbase-backed group backs 32 incumbents who voted for the CLARITY Act. Over 3M advocates, $200M in industry spending, bill stalled in Senate.