Articles by Daniel Marsh
Brazil Defers Gasoline Subsidy Removal, Fueling Fiscal Jitters
Brazil delays decision on gasoline subsidy removal until next week, prioritizing rural debt restructuring and citing Iran conflict uncertainty, reigniting market inflation and fiscal worries.
RBC Sets $500 Tesla Target on SpaceX Merger Speculation
RBC Capital raised its Tesla price target to $500, citing a potential merger with SpaceX. TSLA shares rose on the speculation.
Mortgage Rates Edge Down but Remain Above 6% Threshold
Mortgage rates fell to a seven-week low of 6.43% per Freddie Mac, but daily rates remain in the mid-6% range, keeping pressure on homebuyers and refinancing.
Walmart Slashes Beef Prices as Political Pressure Mounts on Grocers
Walmart reduces prices on beef and summer essentials as Washington urges grocers to lower costs. The strategy pressures rivals Kroger and Amazon.
Air Premia Partners with Southwest to Expand US Reach
Air Premia partners with Southwest Airlines, allowing Korean travelers to book one ticket to over 120 US cities via LA, San Francisco, and Honolulu.
Amazon's $25B Bond Sale Highlights AI Spending Surge
Amazon announced a $25 billion bond offering to fund AI investments, with shares dipping 1% as investors weigh debt costs against cloud growth.
Fiserv Leadership Turmoil Intensifies as President Departs After CEO Change
Fiserv President Dhivya Suryadevara resigned for 'good reason,' deepening management turnover after a recent CEO change and amid talks of selling the debit network.




