The US and Australia signed a deal on important minerals for initiatives price as much as $8.5 billion. The deal is anticipated to assist the US scale back its dependence on China, which dominates the worldwide uncommon earth provide chain. An ETF that targets these commodities is buying and selling close to a 1-1/2 yr excessive:
Monday’s outage at Amazon Internet Providers highlights economic system’s fragility and dependence on cloud computing. The technical points crippled digital providers and site for a few of the world’s largest corporations.
Mortgage charges are anticipated to stay at 6%-plus over the following a number of years, in line with projections from economists on the Mortgage Bankers Affiliation. “As we transfer over the following couple of years, we expect it’s extra doubtless that lengthy [term] charges are going to go up relatively than down, given the fiscal pressures on the economic system,” stated the group’s chief economist Mike Fratantoni.
The “Magnificent 7” corporations are anticipated to report year-over-year earnings development of 14.9% for the third quarter, experiences FactSet. Excluding these companies, the mix of precise and estimated outcomes level to an earnings development charge for the remaining 493 corporations within the S&P 500 at 6.7% for Q3 2025.
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