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Gas Prices Surge Past $4.30: Murphy USA's Margin Outlook in Focus
U.S. gas prices surge past $4.30 as AAA and GasBuddy report differing averages. Murphy USA (MUSA) faces a margin test as fuel costs rise.
XRP Sinks 10% as Senate Rejects CLARITY Act in 49-50 Vote
XRP dropped to $1.29 after the Senate's 49-50 vote blocked the CLARITY Act, erasing pre-vote gains. The token fell 10.5% from its daily open.
Mortgage Rate Divergence: Daily Index Hits 7.22%, Weekly Average at 6.76%
Mortgage shoppers face conflicting rate headlines: daily index at 7.22% vs weekly average 6.76%. Here's why both are accurate and what it means for borrowers.
Oil Rally Stalls as Saudi Pipeline Repair Timelines Diverge
Crude prices surged as traders weighed conflicting repair timelines for Saudi Arabia's damaged pipeline, with energy stocks posting gains.
India's UPI Merchant Fee: Paytm's Revenue Boost Questioned
India's new 0.4% UPI merchant fee on large transactions creates a revenue pool, but Paytm's actual benefit is unclear due to exemptions and cost-sharing.
Ronaldo-Linked Group Eyes Al-Nassr Stake; PIF Yet to Confirm Bid
Reports suggest a consortium involving Cristiano Ronaldo and RedBird's Gerry Cardinale may bid for Al-Nassr, but no formal offer has been made. PIF's privatization of Saudi clubs continues.
Harbour Air-Pacific Coastal Merger to Create 59-Aircraft Regional Carrier
Harbour Air's acquisition of Pacific Coastal Airlines will create a 59-aircraft regional network in British Columbia, pending regulatory approval. Financial details undisclosed.
Santander Wins PPI Appeal, Genworth Shares Slide 5.5%
Santander's successful appeal trims a £677M PPI award, sending Genworth shares down 5.5% as a potential $750M recovery fades.
Gold Slips Below $4,350 as Oil, Dollar, and Yields Align Against Bullion
Gold dropped below $4,350 on Tuesday as oil, a firmer dollar, and rising Treasury yields weighed on bullion ahead of the Fed's decision.
NY Energy Rebate Checks Mailing Sept. 21; Not Utility Credits
New York will mail $1 billion in energy-rebate checks starting Sept. 21, with up to $200 for eligible households. The state-funded payments are not utility credits and won't directly reduce past-due balances at Con Edison (ED).
Senate Rejects Crypto Market Clarity Act; Coinbase, Circle Slide
The Senate failed to advance the Digital Asset Market Clarity Act in a 49-50 vote, with crypto-linked stocks like Coinbase and Circle tumbling on the news.
CBO: Iran Conflict Costs $38B, Inflation and Rates Rise
CBO estimates $38B in Iran combat costs, with $2-3B monthly tail. Inflation and Treasury rates rise. Defense stocks LMT, RTX see modest gains.