By Nora Eckert DETROIT, July 13 (Reuters) – German auto component and chip maker Bosch is beginning sample production at its first U.S. semiconductor factory, the company said Monday, finalizing a $225 million agreement with the U.S. Commerce Department to strengthen domestic manufacturing of silicon carbide chips. Some automakers and parts suppliers have expanded manufacturing…
July 13 (Reuters) – JPMorgan CEO Jamie Dimon has received a letter from Democratic Senator Elizabeth Warren about whether he lobbied the UK government against a tax on bankers’ bonuses on the advice of Jeffrey Epstein, the Financial Times reported on Monday. The report follows the release of a cache of documents earlier this year…
By Valentina Za MILAN, July 13 (Reuters) – Talks between the European Parliament, European governments and the European Commission on rules for a digital euro begin on Monday, three years after the legislation was first proposed. The negotiations aim to produce a final law by the end of the year, paving the way for the…
Longleaf Partners, managed by Southeastern Asset Management, released its second-quarter 2026 investor letter for its “Partners Fund”. A copy of the letter can be downloaded here. The letter states that the portfolio holdings are attractive now based on both P/V and P/FCF metrics. However, the Fund returned 3.87% in the quarter, significantly lagging the S&P 500’s…
By Pete Schroeder WASHINGTON, July 13 (Reuters) – Banks should be cautious of lending to people not legally authorized to work in the United States, as their income may be less reliable or they may be deported, a pair of U.S. bank regulators cautioned the industry Monday. In new guidance, the Office of the Comptroller…
The combined market capitalization of the world’s stablecoins has fallen by $10 billion U.S. since the end of May, the biggest decline in years. Liquidity in the stablecoin market has decreased as crypto markets have consolidated near their lows for the year. In June, the stablecoin market capitalization fell by $7.7 billion U.S., the largest…
Battered Netflix (NFLX) investors may end up tuning in to another dose of bad news when the company reports earnings on July 16. Quick insight: “Given currency movement and a lack of hit programs, we believe more investors are expecting Netflix to lower full year numbers,” KeyBanc Capital Markets analyst Justin Patterson warned in a…
Listen and subscribe to Power Players with Brian Sozzi on Apple Podcasts, Amazon Music, Spotify, YouTube, or wherever you find your favorite podcasts. Mike Rowe is all in on upskilling America’s workforce. “The skills gap is so real right now,” the “Dirty Jobs” creator and host said in a new episode of the Power Players…
Silver (SI=F) September futures opened at $59.71 per ounce on Monday, July 13, 2026, 0.8% lower than Friday’s closing price of $60.17. The price of silver fell even further this morning, reaching $58.60 by 8:33 a.m. ET. The price of silver opened lower this morning and has continued to trend lower amid ongoing exchanges of…
Tech stocks fell on Monday amid a broader market downturn stemming from renewed US-Iran hostilities and an ongoing debate over artificial intelligence spending and profitability. The sector faced waves of rotation last week as investors assessed Big Tech companies’ expected payoff date for their massive investments in the AI build-out. The concern is not only…
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