Articles by Daniel Marsh
M&A Surge Broadens S&P 500 Rally Despite 5.33% Treasury Yield
Software stocks rallied on PTC's $22.6B acquisition, lifting the S&P 500 within 0.6% of its record. Treasury yields hit 5.33%, but oil's decline eased inflation fears.
Roman Telescope Nails Pointing Test, Exoplanet Imaging Next
NASA's Roman Space Telescope achieved precise pointing stability during recent tests, paving the way for its coronagraph to attempt direct imaging of exoplanets.
Starliner's Next Launch to Test Thermal Fixes Before Thruster Overhaul
NASA schedules Starliner-1 uncrewed cargo mission for late 2026/early 2027 to validate thermal changes and propulsion data, ahead of a full thruster-valve redesign.
Paramount Skydance Launches $44.4B Bond Sale Ahead of Warner Merger Ruling
Paramount Skydance has initiated a $44.4 billion secured notes offering to finance its Warner Bros. Discovery acquisition, pending court approval. The massive debt sale underscores the scale of the deal and its financial implications.
Australia's Cash Rate Hits 4.6%, Mortgages Feel the Pinch
The Reserve Bank of Australia lifted its cash rate to 4.60%, the highest since 2011, adding A$91 monthly to a typical A$600,000 mortgage as inflation persists.
Canada's OAS October Boost: 1.4% Increase, But Final Rates Pending
Canada's Old Age Security (OAS) will rise 1.4% in October, pushing estimated maximum monthly payments to C$762.50 for ages 65-74 and C$838.75 for 75+. Official rate card still pending.
Cricket Australia Board Shake-Up: Baird Out Amid Big Bash Sale Dispute
Mike Baird will step down from Cricket Australia's board following a dispute over private investment in the Big Bash. David Boon takes over as interim chair as the Renegades sale continues.
Mortgage Rates Surpass 7%: The Real Cost for Homebuyers
Freddie Mac's average 30-year fixed mortgage rate reached 7.03%, up from 6.95% last week and 6.30% a year ago. For a $400,000 loan, that's about $193 more per month than a year ago.
Atlantic Canada Panel Urges Unified Economy and C$1B Growth Fund
A federal panel proposes unifying Atlantic Canada's economy with a C$1B growth fund and regional power operator, targeting C$25B in power investment by 2035.