The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly 26 to 32 1/2 cents in the green at the close. KC HRW futures were 23 ¾ to 42 cents in the front months, after hitting the 45 […]
“Today DFS formally proposed regulations to establish a licensing and supervision framework for buy now, pay later (BNPL) providers operating in New York,” the department said in a Wednesday post on X. “The proposal opens a 60-day comment period.” Bloomberg Law reported Wednesday that some of the proposal’s provisions include requirements that BNPL lenders get licensed, that they […]
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images Asian semiconductor stocks tumbled Thursday, as a sell-off in U.S. chipmakers spilled into the region, with SK Hynix continuing to see massive volatility since its U.S. listing last week. Shares of […]
The Trump Administration recently released its 2026 Unified Regulatory Agenda, which details ongoing and forthcoming regulatory projects that every agency, including the Treasury Department, plans to work on over the coming months. While Treasury’s agenda largely focuses on implementing provisions of the One Big Beautiful Bill Act, it also includes multiple items relevant to the […]
Gymnast Simone Biles publicly committed to spending more time in her Texas home recently—and she more than doubled down on that vow when she turned the custom property into a luxurious event space in order to host some of her closest friends for a very high-end sleepover party. Biles, 29, showcased the fruits of her […]
A parking lot near the Intrepid Museum along the Hell’s Kitchen waterfront is about to become housing. Developers Gotham Organization, Fisher Brothers and Mural Real Estate Group have been chosen by Gov. Kathy Hochul to transform the 50,584-square-foot parking lot at 621 West 45th Street into two residential towers containing about 1,127 new homes, the […]
ET Intelligence Group: Grasim Industries‘ acquisition of Sprng Energy is a strategic bet on India’s fast growing solar power sector, which is expected to help its renewable energy business outpace the group’s overall revenue growth. Revenue of renewable energy business is estimated to surge 382% to ₹4,446 crore by FY28, compared with a 31% anticipated […]
August Nymex natural gas (NGQ26) on Wednesday closed up +0.020 (+0.69%). Nat-gas prices settled higher on Wednesday as forecasts for above-average US temperatures are expected to boost nat-gas demand from electricity suppliers to power air-conditioning. The Commodity Weather Group on Wednesday said forecasts shifted hotter, with above-average temperatures expected across most of the Northern US […]
Investors zero in on United’s potentially fatter jet-fuel bill — the airline said it expects nearly $6 billion in additional fuel expenses for the year.
What’s a gift that has the potential to be worth more tomorrow than it is today? Stock. But before transferring shares to a family member or friend, it’s important to understand the tax rules. Who receives the gift determines whether it’s tax-free and how future gains are taxed. Here’s a look at the rules and […]