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According to the Financial Times, Elon Musk has reached a settlement in a long-standing legal dispute with advertisers on his X platform.
2026-07-29
According to the Financial Times, Elon Musk has reached a settlement in a long-standing legal dispute with advertisers on his X platform.
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2026-07-30
Economist Claudia Sahm said the FOMC post-meeting statement is likely to signal imminent rate hikes unless inf makes more substantive progress. After the June meeting the FOMC issued a marked shorter statement that dropped boilerplate and contained o
Economist Claudia Sahm said the FOMC post-meeting statement is likely to signal imminent rate hikes unless inf makes more substantive progress. After the June meeting the FOMC issued a marked shorter statement that dropped boilerplate and contained only the line "C.BANK will achieve price stability." Sahm expects the next statement to say that, despite recent improvements, inf remains above C.BANK's 2% target—partly due to supply shocks from the Middle East conflict and tariffs and strong AI-driven demand—and that if the labor market stays firm while inf remains elevated, appropriate tightening may be required soon to restore price stability. She also expects employment to be described as "broadly consistent with maximum employment."
2026-07-29
At midday closing, most domestic futures contracts rose, with ethylene glycol (EG), bottled PET chips, lithium carbonate, and European shipping contracts rising over 2%, propylene rising nearly 2%, and methanol, ferrosilicon, styrene (EB), polypropyl
At midday closing, most domestic futures contracts rose, with ethylene glycol (EG), bottled PET chips, lithium carbonate, and European shipping contracts rising over 2%, propylene rising nearly 2%, and methanol, ferrosilicon, styrene (EB), polypropylene, logs, staple fiber, fuel oil, and Shanghai aluminum rising over 1%. On the downside, TSR20 rubber and regular rubber fell over 2%, soda ash fell nearly 2%, and synthetic rubber, red dates, and polysilicon fell over 1%.
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