Key Points SPX is benefiting from booming demand for artificial intelligence (AI)-driven data center temperature management solutions. Management raised its full-year sales and profit forecast. 10 stocks we like better than SPX › Shares of SPX Technologies (NYSE: SPXC) rallied on Friday after the heating, ventilation, and air conditioning (HVAC) products supplier highlighted its AI-fueled […]
Private equity (PE) investment in Southeast Asia declined sharply in the second quarter of 2026, as investors remained selective amid geopolitical uncertainty and a subdued dealmaking environment, according to EY-Parthenon. The region recorded 10 private equity deals worth $935.5 million during the quarter, compared with 19 deals totaling $9.2 billion in the first quarter, EY-Parthenon’s […]
The Centre will ensure gig workers in India have access to social security schemes through the Labour Codes, Union Labour and Employment Minister Mansukh Mandaviya informed in a written reply to the Rajya Sabha, PTI reported. Responding during Question Hour last week, the minister noted that the gig worker system is a newly emerging and […]
Artificial intelligence is making software vulnerabilities easier to find. That’s not necessarily making companies safer. AI-powered security systems can analyze enormous codebases, identify previously unknown flaws and generate findings at a pace that would have been impossible for human researchers alone. But the machinery on the other side of the process remains stubbornly analog. Every […]
AP put the hit from imports at 1.5 percentage points. CNN, citing Commerce Department data, said the trade deficit jumped 42.2 percent to a seasonally adjusted US$77.6bn in May, the highest in nearly a year. Inflation stayed well above target. The personal consumption expenditures price index rose 3.7 percent in June from a year earlier, down from […]
Money Marketing’s must-reads: Top 10 stories of the week Heightened regulatory scrutiny over outcome evidence and the looming arrival of collective defined contribution schemes dominate the wealth agenda this week, demanding fresh strategic focus from advisers. The FCA warns that Consumer Duty data currently fails to prove good client outcomes, while former pensions minister Steve […]
Investors had an exciting April and May this year, when America’s S&P 500 stock market index rose 19.5%. But June was a quiet month, with the index losing 1%. The third quarter is likely to be similarly quiet as earnings catch up with the market, and the fourth quarter might be too. Market analyst Ed […]
Rates remain under pressure from persistent inflation and volatile oil prices tied to geopolitical tensions in the Middle East. The weekly average 30-year fixed rate stood at 6.58% for the week ending July 23, the highest in 11 months, according to Freddie Mac‘s Primary Mortgage Market Survey. Regional data reveals sharp divergence Metro-level data from […]
The Coldcard firmware exploit has reignated concerns about the security of hardware wallets and self-custody. Although Bitcoin has gone through countless phases of massive fear, uncertainty, and doubt (FUD), the current crisis around Coldcard has triggered the worst wave of fear ever recorded on crypto social media channels. So far, BTC has been able […]
Companies are hiring. Workers are searching. The gap is the problem.