The parent company of Men's Wearhouse and Jos. A. Bank has filed for a U.S. initial public offering, with regulatory documents showing a year-over-year revenue increase but a drop in net profit for its most recent quarter.
Artificial intelligence is making financial markets more efficient by speeding up analysis, but could also amplify volatility and create crowded trades, according to a new report from Bernstein.
The Oregon Attorney General's office has withdrawn a court motion that sought to delay Paramount's proposed $110 billion acquisition of Warner Bros., citing the company's alleged non-compliance with an investigation. The mega-merger, however, continues to face scrutiny from other states.
Crude oil prices are on track for a significant weekly increase, with Brent poised for a 6% gain, as ongoing military exchanges between the U.S. and Iran keep supply risks in focus for investors.
Analysis shows Russia is deploying inexpensive, fiber-optic-guided drones to bypass extensive defenses and destroy critical, multi-million-dollar components of Ukraine's electrical grid.
Iran has launched missile and drone attacks on U.S. facilities in multiple Gulf states and claims to have closed the strategic Strait of Hormuz, escalating its military conflict with American forces in the region.
The United States has reportedly carried out military strikes on Iranian missile systems, air defenses, and IRGC naval assets around the critical Strait of Hormuz, a development that could heighten geopolitical risk and impact global energy markets.
The move is one of the country's most significant foreign exchange reforms in decades, aimed at improving market access for global investors and securing inclusion in major developed-market equity indexes.
The U.S. dollar held steady on Monday, pausing after its largest single-day decline since late April, as investors await further signals on monetary policy from the Federal Reserve. The Japanese yen remains under pressure near 40-year lows, keeping intervention risk high.
