AUD/USD extends losses on Friday, slipping to levels last seen in late March. A firmer US Dollar (USD), weaker risk appetite amid the AI-led stock-market rout and cautious Reserve Bank of Australia (RBA) guidance following this week’s rate hike all contribute to the decline.
The PG&E Corporation Foundation has awarded $327,500 in STEM scholarships to 57 students from PG&E's service area who are pursuing undergraduate degrees. These scholarships, ranging from $2,500 to $10,000, are funded by PG&E shareholders and aim to support students in science, technology, engineering, and math fields. Since 2012, the Better Together STEM Scholarship Program has provided nearly $8 million in aid, fostering future innovation and community impact.
American Express is offering personalized welcome bonuses of up to 300,000 points for eligible Business Platinum card applicants, requiring a $20,000 spend within three months. This record-high offer is valued at up to $6,000, significantly offsetting the card's $895 annual fee. Applicants should consider the card's "one-time-per-card lifetime rule" when deciding to apply, weighing the current offer against potential future benefits.
As of December 2025 -- the most recent data available -- the average benefit for people aged 67 is $2,016.48 per month, according to the Social Security Administration (SSA). For many, this age marks the point where you can claim your full benefit without permanent reductions for early filing. Full retirement age (FRA)
RBC Capital has reaffirmed its "Outperform" rating for Albemarle (ALB) but has reduced its price target to $119 from $129, representing a 7.8% decrease. This new price target suggests a potential upside of 21.0% from the stock's closing price of $98.37 on November 5. The article also provides a summary of recent analyst actions on Albemarle, with price targets ranging from $95 to $185 over the past 30 days.
Quinton S. Lies, an officer at American Electric Power Co Inc (AEP), has proposed selling 1,122 common shares with an aggregate market value of $141,908.78. The shares include 82 from restricted stock vesting on March 10, 2026, and 1,040 from restricted stock vesting on October 1, 2026, both identified as compensation. The proposed sale date is November 6, 2026, and the transaction is being handled by Fidelity Brokerage Services LLC.
President Donald J. Trump has long said that America is the hottest country in the world — and today’s blockbuster jobs report delivers the proof. The economy added a massive 165,000 new jobs in October, more...
Bitcoin (BTC) set new multi-week lows after Friday’s Wall Street open as BTC price action diverged from stocks.Key points:Bitcoin extends losses after US jobs data beats forecasts Data from TradingView showed BITSTAMP:BTCUSD dipping below $75,000 to levels last seen in mid-August. The total crypto...
Truist Financial is expanding its Merchant Services with new features like Merchant Engage, Clover, and Paze, aiming to deepen relationships with small businesses and commercial clients beyond traditional lending. These enhancements provide faster digital onboarding, broader business tools, and additional payment options, integrating payments with software, business insights, deposits, and treasury services. The success of this initiative hinges on client adoption and the bank's ability to convert these payment relationships into recurring fee income and other banking activities.
Paraguay’s President Santiago Pena is facing impeachment following the collapse of Ueno Bank, a major digital bank, which has plunged the South American country into its deepest political crisis in more than...
U.S. Bancorp has filed Form 424B2 with the SEC, detailing an offering of $7,000,000 in Senior Medium-Term Notes, Series EE. These callable fixed-rate notes, due November 10, 2031, offer a 6.00% annual interest rate and can be redeemed by U.S. Bancorp prior to maturity on specified Redemption Dates. The filing provides key terms, pricing details, and important tax and risk considerations for potential investors.
PNC is significantly expanding its branch network by adding 53 new locations in South Carolina and Georgia, plus 10 more in Texas, Florida, and North Carolina. Concurrently, Alex Overstrom, the current retail chief, will succeed Rob Reilly as CFO in March 2027, with Reilly transitioning to executive vice chair. This move is part of PNC's ongoing national growth strategy, aiming for a total of 370 new branches by 2031.
FinanceRetail WholesaleMergers And AcquisitionsPNC
Citigroup Global Markets Holdings Inc., guaranteed by Citigroup Inc., is offering Autocallable Securities linked to the Nasdaq-100, Russell 2000, and S&P 500 Indexes, due May 15, 2028. These unsecured debt securities do not pay interest, do not guarantee principal repayment at maturity, and are subject to early redemption. Investors' returns depend on the worst-performing underlying index, with potential for significant loss if market conditions are unfavorable.
McDonald's Corp. has announced interim marketing leadership changes following the upcoming departure of Alyssa Buetikofer, US Chief Marketing and Customer Experience Officer. Morgan Flatley will serve as interim chief creative officer for the US business while continuing her global CMO role, and Charlie Newberger will step in as interim senior vice president, US chief marketing & commercial officer. These moves aim to ensure a smooth transition and maintain focus on marketing priorities as the company searches for a new US CMO.
DTN's Quick Takes 11/6/2026 | 12:48 PM CST (Illustration by Nick Scalise) OMAHA (DTN) -- Posted 12:43 -- December corn is up 1 1/4 cents per bushel, January soybeans are up 3/4 cent, December KC wheat is down 2 1/4 cents, December Chicago wheat is down 6 1/2 cents and December MIAX wheat is down 6 3/4 cents. The Dow Jo
This "Deal Dispatch" report covers significant merger and acquisition activities, including Salesforce's agreement to acquire Cresta, CrowdStrike's purchase of two AI cybersecurity startups for $495 million, and Dropbox's acquisition of Tigris Data. The report also highlights financial struggles, with Innventure evaluating capital-raising options and workforce reductions, and bankruptcy filings from The Children’s Place and Out West Restaurant Group, the latter of which operates Outback Steakhouse locations.
Mergers And AcquisitionsTechnologyRetail WholesaleCRMCRWDMPC
The PNC Financial Services Group, Inc. reported a 5.46% beneficial ownership stake in the Harbor International Compounders ETF, comprising 717,345 shares as of September 30, 2026. This stake is primarily held by PNC Bank, National Association, in a fiduciary capacity for its clients. The filing indicates PNC has sole voting authority over all shares and varying levels of dispositive authority.
Davis Selected Advisers has disclosed a 9.6% beneficial ownership stake in MGM Resorts International, holding 24,043,354 shares of common stock as of September 30, 2026. This stake gives the investment adviser sole voting authority over 23,274,889 shares and sole dispositive authority over all 24,043,354 shares. The filing specifies that these shares were acquired and are held in the ordinary course of business, not for the purpose of influencing company control.
PACCAR Executive Chairman Mark C. Pigott reported an indirect sale of a 0.434-share fractional interest held through the PACCAR Savings and Investment Plan (SIP) on November 4, 2026, for $106.13 per share. This transaction was a transfer from the SIP to a direct registration account, and no Rule 10b5-1 plan was reported. Following the transaction, Pigott's reported holdings include 5,258,600 directly held shares and 424,920 shares held indirectly by his wife and children.
Nomura Holdings has announced that it now holds a combined voting rights stake of 5.34% in easyJet plc, exceeding the regulatory disclosure threshold. This stake is comprised of both direct equity holdings and cash-settled swap contracts. The financial conglomerate's increased exposure to the UK low-cost airline sector will likely be closely monitored by market participants.
Principal Financial Group reported strong third-quarter 2026 earnings, including US$4,616.4 million in revenue and US$631.9 million in net income, alongside an 8% year-on-year increase in its quarterly cash dividend to US$0.85 per share. These results affirm the company's focus on cash returns and highlight its robust operating performance, with analysts projecting continued revenue and earnings growth through 2029. While the company's core businesses are performing well, investors should still consider potential risks like fee and flow pressure in asset management.
Macerich is planning to close an off-market mall acquisition by the end of 2026, anticipating a stabilized yield of 9% to 11%. The company intends to fund the purchase using part of its $372 million unsettled forward equity pool. This acquisition is expected to boost funds from operations (FFO) per share in both 2027 and 2028, and also reduce leverage.
Political turmoil comes after a digital bank’s failure has left half the population without access to their accounts.Lawmakers in Paraguay have resumed impeachment proceedings against President Santiago Pena,...